Dhofar Generating Company SAOG Balance Sheet Health
Financial Health criteria checks 2/6
Dhofar Generating Company SAOG has a total shareholder equity of OMR53.4M and total debt of OMR118.3M, which brings its debt-to-equity ratio to 221.3%. Its total assets and total liabilities are OMR197.7M and OMR144.3M respectively. Dhofar Generating Company SAOG's EBIT is OMR9.0M making its interest coverage ratio 1.4. It has cash and short-term investments of OMR5.1M.
Key information
221.3%
Debt to equity ratio
ر.ع118.26m
Debt
Interest coverage ratio | 1.4x |
Cash | ر.ع5.13m |
Equity | ر.ع53.43m |
Total liabilities | ر.ع144.27m |
Total assets | ر.ع197.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGEN's short term assets (OMR18.5M) exceed its short term liabilities (OMR14.3M).
Long Term Liabilities: DGEN's short term assets (OMR18.5M) do not cover its long term liabilities (OMR130.0M).
Debt to Equity History and Analysis
Debt Level: DGEN's net debt to equity ratio (211.7%) is considered high.
Reducing Debt: DGEN's debt to equity ratio has reduced from 313% to 221.3% over the past 5 years.
Debt Coverage: DGEN's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: DGEN's interest payments on its debt are not well covered by EBIT (1.4x coverage).