Al Suwadi Power Company SAOG Balance Sheet Health
Financial Health criteria checks 3/6
Al Suwadi Power Company SAOG has a total shareholder equity of OMR135.0M and total debt of OMR81.3M, which brings its debt-to-equity ratio to 60.2%. Its total assets and total liabilities are OMR258.1M and OMR123.1M respectively. Al Suwadi Power Company SAOG's EBIT is OMR23.4M making its interest coverage ratio 4.4. It has cash and short-term investments of OMR11.6M.
Key information
60.2%
Debt to equity ratio
ر.ع81.25m
Debt
| Interest coverage ratio | 4.4x |
| Cash | ر.ع11.61m |
| Equity | ر.ع134.97m |
| Total liabilities | ر.ع123.11m |
| Total assets | ر.ع258.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUWP's short term assets (OMR26.4M) do not cover its short term liabilities (OMR35.1M).
Long Term Liabilities: SUWP's short term assets (OMR26.4M) do not cover its long term liabilities (OMR88.1M).
Debt to Equity History and Analysis
Debt Level: SUWP's net debt to equity ratio (51.6%) is considered high.
Reducing Debt: SUWP's debt to equity ratio has reduced from 196.2% to 60.2% over the past 5 years.
Debt Coverage: SUWP's debt is well covered by operating cash flow (33.5%).
Interest Coverage: SUWP's interest payments on its debt are well covered by EBIT (4.4x coverage).