Middle East Specialized Cables Company

Middle East Specialized Cables Companyverified

2370.SR

Price:

$22.27

Market Cap:

$890.80M

Middle East Specialized Cables Company, together with its subsidiaries, manufactures and sells flexible electric, coaxial, rubber, and nylon coated wires and cables primarily in the Kingdom of Saudi Arabia, Jordan, and the United Arab Emirates. The company offers instrumentation and process cables for use in oil, gas and petrochemical, automation and process control, and marine and offshore industries; power and control cables that are primarily used in the construction and industrial applications; and data and communication cables, such as co-axial, LAN, computer, telephone, and system cables. It also manufactures PVC compounds for wire and cable insulation and sheathing applications. In ad...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2010-03-04

Stock Exchange

SAU

Ticker

2370.SR

The Current Ratio as of December 2025 (TTM) for Middle East Specialized Cables Company (2370.SR) is 1.62

According to Middle East Specialized Cables Company’s latest financial reports and current stock price. The company's current Current Ratio is 1.62. This represents a change of -5.88% compared to the average of 1.72 of the last 4 quarters.

Middle East Specialized Cables Company (2370.SR) Historical Current Ratio (quarterly & annually)

How has 2370.SR Current Ratio performed in the past?

The mean historical Current Ratio of Middle East Specialized Cables Company over the last ten years is 1.76. The current 1.62 Current Ratio has changed 9.14% with respect to the historical average. Over the past ten years (40 quarters), 2370.SR's Current Ratio was at its highest in in the September 2020 quarter at 2.39. The Current Ratio was at its lowest in in the September 2016 quarter at 1.32.

Quarterly (TTM)
Annual

Average

1.76

Median

1.71

Minimum

1.34

Maximum

2.34

Middle East Specialized Cables Company (2370.SR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Middle East Specialized Cables Company Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 39.78%

Maximum Annual Current Ratio = 2.34

Minimum Annual Increase = -21.88%

Minimum Annual Current Ratio = 1.34

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.75-3.46%
20231.8124.62%
20221.45-21.88%
20211.86-19.75%
20202.32-1.15%
20192.3439.78%
20181.681.90%
20171.6522.64%
20161.34-1.14%
20151.36-11.58%

Middle East Specialized Cables Company (2370.SR) Average Current Ratio

How has 2370.SR Current Ratio performed in the past?

The current Current Ratio of Middle East Specialized Cables Company (2370.SR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.67

5-year avg

1.84

10-year avg

1.76

Middle East Specialized Cables Company (2370.SR) Current Ratio vs. Peers

How is 2370.SR’s Current Ratio compared to its peers?

Middle East Specialized Cables Company’s Current Ratio is greater than Saudi Cable Company (0.18), less than Mohammed Hadi Al Rasheed and Partners Co. (3.49), less than Al Obeikan Glass Company (2.02), greater than Batic Investments and Logistics Co. (1.02), less than Saudi Advanced Industries Company (2.62), less than Tamkeen Human Resources Company (3.01), less than National Environmental Recycling Company (1.78), greater than Sinad Holding Company (1.02), greater than The Saudi Arabian Amiantit Company (1.50), less than Saudi Arabia Refineries Company (13.88),

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