Musandam Power Company SAOG Balance Sheet Health
Financial Health criteria checks 1/6
Musandam Power Company SAOG has a total shareholder equity of OMR11.7M and total debt of OMR54.3M, which brings its debt-to-equity ratio to 464.5%. Its total assets and total liabilities are OMR71.1M and OMR59.4M respectively. Musandam Power Company SAOG's EBIT is OMR5.4M making its interest coverage ratio 1.8. It has cash and short-term investments of OMR508.4K.
Key information
464.5%
Debt to equity ratio
ر.ع54.29m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ر.ع508.38k |
| Equity | ر.ع11.69m |
| Total liabilities | ر.ع59.43m |
| Total assets | ر.ع71.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSPW's short term assets (OMR5.0M) do not cover its short term liabilities (OMR5.9M).
Long Term Liabilities: MSPW's short term assets (OMR5.0M) do not cover its long term liabilities (OMR53.5M).
Debt to Equity History and Analysis
Debt Level: MSPW's net debt to equity ratio (460.1%) is considered high.
Reducing Debt: MSPW's debt to equity ratio has reduced from 647% to 464.5% over the past 5 years.
Debt Coverage: MSPW's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: MSPW's interest payments on its debt are not well covered by EBIT (1.8x coverage).