Raysut Cement Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Raysut Cement Company SAOG has a total shareholder equity of OMR5.9M and total debt of OMR51.3M, which brings its debt-to-equity ratio to 866.9%. Its total assets and total liabilities are OMR140.6M and OMR134.7M respectively.
Key information
866.9%
Debt to equity ratio
ر.ع51.32m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع4.46m |
| Equity | ر.ع5.92m |
| Total liabilities | ر.ع134.70m |
| Total assets | ر.ع140.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCCI's short term assets (OMR33.7M) do not cover its short term liabilities (OMR75.6M).
Long Term Liabilities: RCCI's short term assets (OMR33.7M) do not cover its long term liabilities (OMR59.1M).
Debt to Equity History and Analysis
Debt Level: RCCI's net debt to equity ratio (791.5%) is considered high.
Reducing Debt: RCCI's debt to equity ratio has increased from 38% to 866.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RCCI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RCCI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 51.6% per year.