SMN Power Holding SAOG Balance Sheet Health
Financial Health criteria checks 5/6
SMN Power Holding SAOG has a total shareholder equity of OMR53.9M and total debt of OMR34.0M, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are OMR122.8M and OMR68.9M respectively. SMN Power Holding SAOG's EBIT is OMR15.5M making its interest coverage ratio 6.2. It has cash and short-term investments of OMR16.4M.
Key information
63.0%
Debt to equity ratio
ر.ع33.97m
Debt
| Interest coverage ratio | 6.2x |
| Cash | ر.ع16.43m |
| Equity | ر.ع53.92m |
| Total liabilities | ر.ع68.87m |
| Total assets | ر.ع122.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMNP's short term assets (OMR32.1M) do not cover its short term liabilities (OMR39.6M).
Long Term Liabilities: SMNP's short term assets (OMR32.1M) exceed its long term liabilities (OMR29.3M).
Debt to Equity History and Analysis
Debt Level: SMNP's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: SMNP's debt to equity ratio has reduced from 367.2% to 63% over the past 5 years.
Debt Coverage: SMNP's debt is well covered by operating cash flow (72.3%).
Interest Coverage: SMNP's interest payments on its debt are well covered by EBIT (6.2x coverage).