Sohar Power Company SAOG Balance Sheet Health
Financial Health criteria checks 1/6
Sohar Power Company SAOG has a total shareholder equity of OMR-34.1M and total debt of OMR34.1M, which brings its debt-to-equity ratio to -99.9%. Its total assets and total liabilities are OMR8.8M and OMR42.9M respectively.
Key information
-99.9%
Debt to equity ratio
ر.ع34.11m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.ع1.11m |
| Equity | -ر.ع34.14m |
| Total liabilities | ر.ع42.93m |
| Total assets | ر.ع8.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHPS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SHPS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SHPS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SHPS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SHPS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SHPS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.7% each year