Raysut Cement Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Raysut Cement Company SAOG has a total shareholder equity of OMR11.5M and total debt of OMR61.7M, which brings its debt-to-equity ratio to 534.8%. Its total assets and total liabilities are OMR146.8M and OMR135.2M respectively.
Key information
534.8%
Debt to equity ratio
ر.ع61.71m
Debt
Interest coverage ratio | n/a |
Cash | ر.ع4.87m |
Equity | ر.ع11.54m |
Total liabilities | ر.ع135.23m |
Total assets | ر.ع146.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RCCI's short term assets (OMR33.9M) do not cover its short term liabilities (OMR72.7M).
Long Term Liabilities: RCCI's short term assets (OMR33.9M) do not cover its long term liabilities (OMR62.5M).
Debt to Equity History and Analysis
Debt Level: RCCI's net debt to equity ratio (492.5%) is considered high.
Reducing Debt: RCCI's debt to equity ratio has increased from 19.8% to 534.8% 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 55.2% per year.