Barka Water and Power Company SAOG Balance Sheet Health
Financial Health criteria checks 3/6
Barka Water and Power Company SAOG has a total shareholder equity of OMR34.2M and total debt of OMR13.4M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are OMR70.0M and OMR35.8M respectively. Barka Water and Power Company SAOG's EBIT is OMR239.9K making its interest coverage ratio 0.2. It has cash and short-term investments of OMR2.5M.
Key information
39.3%
Debt to equity ratio
ر.ع13.43m
Debt
| Interest coverage ratio | 0.2x |
| Cash | ر.ع2.46m |
| Equity | ر.ع34.19m |
| Total liabilities | ر.ع35.79m |
| Total assets | ر.ع69.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWPC's short term assets (OMR9.4M) do not cover its short term liabilities (OMR25.4M).
Long Term Liabilities: BWPC's short term assets (OMR9.4M) do not cover its long term liabilities (OMR10.4M).
Debt to Equity History and Analysis
Debt Level: BWPC's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: BWPC's debt to equity ratio has reduced from 129.4% to 39.3% over the past 5 years.
Debt Coverage: BWPC's debt is well covered by operating cash flow (43.6%).
Interest Coverage: BWPC's interest payments on its debt are not well covered by EBIT (0.2x coverage).