Omani Packaging Company SAOG Balance Sheet Health
Financial Health criteria checks 6/6
Omani Packaging Company SAOG has a total shareholder equity of OMR7.6M and total debt of OMR326.3K, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are OMR10.5M and OMR2.9M respectively. Omani Packaging Company SAOG's EBIT is OMR576.9K making its interest coverage ratio 11.9. It has cash and short-term investments of OMR311.4K.
Key information
4.3%
Debt to equity ratio
ر.ع326.25k
Debt
| Interest coverage ratio | 11.9x |
| Cash | ر.ع311.43k |
| Equity | ر.ع7.63m |
| Total liabilities | ر.ع2.90m |
| Total assets | ر.ع10.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OPCI's short term assets (OMR6.3M) exceed its short term liabilities (OMR2.1M).
Long Term Liabilities: OPCI's short term assets (OMR6.3M) exceed its long term liabilities (OMR791.9K).
Debt to Equity History and Analysis
Debt Level: OPCI's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: OPCI's debt to equity ratio has reduced from 10.3% to 4.3% over the past 5 years.
Debt Coverage: OPCI's debt is well covered by operating cash flow (433.5%).
Interest Coverage: OPCI's interest payments on its debt are well covered by EBIT (11.9x coverage).