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 89.6%. Its total assets and total liabilities are OMR7.8B and OMR5.0B respectively. Oman Telecommunications Company SAOG's EBIT is OMR430.5M making its interest coverage ratio 2.5. It has cash and short-term investments of OMR357.6M.
Key information
89.6%
Debt to equity ratio
ر.ع2.50b
Debt
| Interest coverage ratio | 2.5x |
| Cash | ر.ع357.63m |
| Equity | ر.ع2.79b |
| Total liabilities | ر.ع4.96b |
| Total assets | ر.ع7.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTEL's short term assets (OMR2.0B) do not cover its short term liabilities (OMR2.1B).
Long Term Liabilities: OTEL's short term assets (OMR2.0B) do not cover its long term liabilities (OMR2.9B).
Debt to Equity History and Analysis
Debt Level: OTEL's net debt to equity ratio (76.8%) is considered high.
Reducing Debt: OTEL's debt to equity ratio has reduced from 107.4% to 89.6% over the past 5 years.
Debt Coverage: OTEL's debt is well covered by operating cash flow (35.6%).
Interest Coverage: OTEL's interest payments on its debt are not well covered by EBIT (2.5x coverage).