Salalah Port Services Company SAOG Balance Sheet Health
Financial Health criteria checks 5/6
Salalah Port Services Company SAOG has a total shareholder equity of OMR75.3M and total debt of OMR9.1M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are OMR123.1M and OMR47.7M respectively. Salalah Port Services Company SAOG's EBIT is OMR2.6M making its interest coverage ratio -3.3. It has cash and short-term investments of OMR17.2M.
Key information
12.1%
Debt to equity ratio
ر.ع9.11m
Debt
| Interest coverage ratio | -3.3x |
| Cash | ر.ع17.25m |
| Equity | ر.ع75.35m |
| Total liabilities | ر.ع47.73m |
| Total assets | ر.ع123.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPSI's short term assets (OMR36.5M) exceed its short term liabilities (OMR32.1M).
Long Term Liabilities: SPSI's short term assets (OMR36.5M) exceed its long term liabilities (OMR15.7M).
Debt to Equity History and Analysis
Debt Level: SPSI has more cash than its total debt.
Reducing Debt: SPSI's debt to equity ratio has increased from 0% to 12.1% over the past 5 years.
Debt Coverage: SPSI's debt is well covered by operating cash flow (133.3%).
Interest Coverage: SPSI earns more interest than it pays, so coverage of interest payments is not a concern.