Oman Telecommunications Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Oman Telecommunications Company SAOG has a total shareholder equity of OMR2.8B and total debt of OMR2.5B, which brings its debt-to-equity ratio to 87.6%. Its total assets and total liabilities are OMR7.8B and OMR5.0B respectively. Oman Telecommunications Company SAOG's EBIT is OMR434.7M making its interest coverage ratio 2.6. It has cash and short-term investments of OMR374.2M.
Key information
87.6%
Debt to equity ratio
ر.ع2.47b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ر.ع374.16m |
| Equity | ر.ع2.82b |
| Total liabilities | ر.ع4.99b |
| Total assets | ر.ع7.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTEL's short term assets (OMR2.1B) do not cover its short term liabilities (OMR2.5B).
Long Term Liabilities: OTEL's short term assets (OMR2.1B) do not cover its long term liabilities (OMR2.5B).
Debt to Equity History and Analysis
Debt Level: OTEL's net debt to equity ratio (74.3%) is considered high.
Reducing Debt: OTEL's debt to equity ratio has reduced from 102.2% to 87.6% over the past 5 years.
Debt Coverage: OTEL's debt is well covered by operating cash flow (33.7%).
Interest Coverage: OTEL's interest payments on its debt are not well covered by EBIT (2.6x coverage).