Oman Telecommunications Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Oman Telecommunications Company SAOG has a total shareholder equity of OMR2.9B and total debt of OMR2.3B, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are OMR7.7B and OMR4.8B respectively. Oman Telecommunications Company SAOG's EBIT is OMR442.9M making its interest coverage ratio 2.7. It has cash and short-term investments of OMR351.3M.
Key information
80.1%
Debt to equity ratio
ر.ع2.32b
Debt
Interest coverage ratio | 2.7x |
Cash | ر.ع351.29m |
Equity | ر.ع2.90b |
Total liabilities | ر.ع4.81b |
Total assets | ر.ع7.71b |
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 (OMR2.7B).
Debt to Equity History and Analysis
Debt Level: OTEL's net debt to equity ratio (68%) is considered high.
Reducing Debt: OTEL's debt to equity ratio has reduced from 107.7% to 80.1% over the past 5 years.
Debt Coverage: OTEL's debt is well covered by operating cash flow (37.5%).
Interest Coverage: OTEL's interest payments on its debt are not well covered by EBIT (2.7x coverage).