SMN Power Holding SAOG Balance Sheet Health
Financial Health criteria checks 5/6
SMN Power Holding SAOG has a total shareholder equity of OMR57.4M and total debt of OMR34.0M, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are OMR125.8M and OMR68.4M respectively. SMN Power Holding SAOG's EBIT is OMR14.9M making its interest coverage ratio 6.2. It has cash and short-term investments of OMR15.0M.
Key information
59.2%
Debt to equity ratio
ر.ع33.98m
Debt
| Interest coverage ratio | 6.2x |
| Cash | ر.ع15.02m |
| Equity | ر.ع57.43m |
| Total liabilities | ر.ع68.38m |
| Total assets | ر.ع125.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMNP's short term assets (OMR37.2M) exceed its short term liabilities (OMR24.5M).
Long Term Liabilities: SMNP's short term assets (OMR37.2M) do not cover its long term liabilities (OMR43.9M).
Debt to Equity History and Analysis
Debt Level: SMNP's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: SMNP's debt to equity ratio has reduced from 311.8% to 59.2% over the past 5 years.
Debt Coverage: SMNP's debt is well covered by operating cash flow (33.7%).
Interest Coverage: SMNP's interest payments on its debt are well covered by EBIT (6.2x coverage).