Omani Qatari Telecommunications Company SAOG Balance Sheet Health
Financial Health criteria checks 4/6
Omani Qatari Telecommunications Company SAOG has a total shareholder equity of OMR254.5M and total debt of OMR27.4M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are OMR418.6M and OMR164.1M respectively. Omani Qatari Telecommunications Company SAOG's EBIT is OMR14.0M making its interest coverage ratio 4.3. It has cash and short-term investments of OMR3.9M.
Key information
10.8%
Debt to equity ratio
ر.ع27.42m
Debt
| Interest coverage ratio | 4.3x |
| Cash | ر.ع3.86m |
| Equity | ر.ع254.50m |
| Total liabilities | ر.ع164.09m |
| Total assets | ر.ع418.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORDS's short term assets (OMR67.1M) do not cover its short term liabilities (OMR125.7M).
Long Term Liabilities: ORDS's short term assets (OMR67.1M) exceed its long term liabilities (OMR38.4M).
Debt to Equity History and Analysis
Debt Level: ORDS's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: ORDS's debt to equity ratio has increased from 4.1% to 10.8% over the past 5 years.
Debt Coverage: ORDS's debt is well covered by operating cash flow (320.5%).
Interest Coverage: ORDS's interest payments on its debt are well covered by EBIT (4.3x coverage).