Dhofar Generating Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Dhofar Generating Company SAOG has a total shareholder equity of OMR55.9M and total debt of OMR114.4M, which brings its debt-to-equity ratio to 204.5%. Its total assets and total liabilities are OMR199.7M and OMR143.8M respectively. Dhofar Generating Company SAOG's EBIT is OMR9.1M making its interest coverage ratio 1.5. It has cash and short-term investments of OMR6.2M.
Key information
204.5%
Debt to equity ratio
ر.ع114.36m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ر.ع6.22m |
| Equity | ر.ع55.92m |
| Total liabilities | ر.ع143.78m |
| Total assets | ر.ع199.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGEN's short term assets (OMR23.3M) exceed its short term liabilities (OMR17.3M).
Long Term Liabilities: DGEN's short term assets (OMR23.3M) do not cover its long term liabilities (OMR126.5M).
Debt to Equity History and Analysis
Debt Level: DGEN's net debt to equity ratio (193.4%) is considered high.
Reducing Debt: DGEN's debt to equity ratio has reduced from 350.8% to 204.5% over the past 5 years.
Debt Coverage: DGEN's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: DGEN's interest payments on its debt are not well covered by EBIT (1.5x coverage).