SMN Power Holding SAOG Balance Sheet Health
Financial Health criteria checks 3/6
SMN Power Holding SAOG has a total shareholder equity of OMR50.5M and total debt of OMR39.2M, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are OMR114.4M and OMR64.0M respectively. SMN Power Holding SAOG's EBIT is OMR18.7M making its interest coverage ratio 6.9. It has cash and short-term investments of OMR9.7M.
Key information
77.6%
Debt to equity ratio
ر.ع39.17m
Debt
| Interest coverage ratio | 6.9x |
| Cash | ر.ع9.67m |
| Equity | ر.ع50.46m |
| Total liabilities | ر.ع63.98m |
| Total assets | ر.ع114.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMNP's short term assets (OMR19.9M) do not cover its short term liabilities (OMR30.0M).
Long Term Liabilities: SMNP's short term assets (OMR19.9M) do not cover its long term liabilities (OMR34.0M).
Debt to Equity History and Analysis
Debt Level: SMNP's net debt to equity ratio (58.5%) is considered high.
Reducing Debt: SMNP's debt to equity ratio has reduced from 384.3% to 77.6% over the past 5 years.
Debt Coverage: SMNP's debt is well covered by operating cash flow (56.1%).
Interest Coverage: SMNP's interest payments on its debt are well covered by EBIT (6.9x coverage).