Phoenix Power Company SAOG Balance Sheet Health
Financial Health criteria checks 3/6
Phoenix Power Company SAOG has a total shareholder equity of OMR272.0M and total debt of OMR167.0M, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are OMR538.3M and OMR266.2M respectively. Phoenix Power Company SAOG's EBIT is OMR37.2M making its interest coverage ratio 3.5. It has cash and short-term investments of OMR37.9M.
Key information
61.4%
Debt to equity ratio
ر.ع166.97m
Debt
| Interest coverage ratio | 3.5x |
| Cash | ر.ع37.87m |
| Equity | ر.ع272.05m |
| Total liabilities | ر.ع266.24m |
| Total assets | ر.ع538.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHPC's short term assets (OMR68.3M) do not cover its short term liabilities (OMR71.1M).
Long Term Liabilities: PHPC's short term assets (OMR68.3M) do not cover its long term liabilities (OMR195.2M).
Debt to Equity History and Analysis
Debt Level: PHPC's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: PHPC's debt to equity ratio has reduced from 178.3% to 61.4% over the past 5 years.
Debt Coverage: PHPC's debt is well covered by operating cash flow (26.1%).
Interest Coverage: PHPC's interest payments on its debt are well covered by EBIT (3.5x coverage).