Al Suwadi Power Company SAOG Balance Sheet Health
Financial Health criteria checks 5/6
Al Suwadi Power Company SAOG has a total shareholder equity of OMR143.5M and total debt of OMR78.2M, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are OMR263.8M and OMR120.4M respectively. Al Suwadi Power Company SAOG's EBIT is OMR23.3M making its interest coverage ratio 4.7. It has cash and short-term investments of OMR22.1M.
Key information
54.5%
Debt to equity ratio
ر.ع78.16m
Debt
| Interest coverage ratio | 4.7x |
| Cash | ر.ع22.14m |
| Equity | ر.ع143.45m |
| Total liabilities | ر.ع120.39m |
| Total assets | ر.ع263.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUWP's short term assets (OMR35.2M) exceed its short term liabilities (OMR32.8M).
Long Term Liabilities: SUWP's short term assets (OMR35.2M) do not cover its long term liabilities (OMR87.6M).
Debt to Equity History and Analysis
Debt Level: SUWP's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: SUWP's debt to equity ratio has reduced from 177.1% to 54.5% over the past 5 years.
Debt Coverage: SUWP's debt is well covered by operating cash flow (35.6%).
Interest Coverage: SUWP's interest payments on its debt are well covered by EBIT (4.7x coverage).