Arabian Drilling Company

Arabian Drilling Companyverified

2381.SR

Price:

$100.3

Market Cap:

$8.93B

Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. Its services include the supply of drilling services in shallow and deep waters and on land for the exploration and production of oil and natural gas, as well as well intervention and testing, rig move, mobilization, manpower, and other services. The company operates an onshore fleet of 38 rigs, which include medium to ultra-heavy rigs; and offshore fleet of 7 rigs that comprises of ultra-heavy-duty jack-ups. Arabian Drilling Company was founded in 1964 and is based in Al Khobar, Saudi Arabia. Arabian Drilling Company is a subsidiary of Industrialization & Energy Services Company.

Industry

Oil & Gas Drilling

IPO Date

2022-11-09

Stock Exchange

SAU

Ticker

2381.SR

The Current Ratio as of December 2025 (TTM) for Arabian Drilling Company (2381.SR) is 1.40

According to Arabian Drilling Company’s latest financial reports and current stock price. The company's current Current Ratio is 1.40. This represents a change of -1.52% compared to the average of 1.42 of the last 4 quarters.

Arabian Drilling Company (2381.SR) Historical Current Ratio (quarterly & annually)

How has 2381.SR Current Ratio performed in the past?

The mean historical Current Ratio of Arabian Drilling Company over the last ten years is 1.66. The current 1.40 Current Ratio has changed 8.29% with respect to the historical average. Over the past ten years (40 quarters), 2381.SR's Current Ratio was at its highest in in the December 2022 quarter at 3.52. The Current Ratio was at its lowest in in the September 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

1.66

Median

1.24

Minimum

0.86

Maximum

3.52

Arabian Drilling Company (2381.SR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Arabian Drilling 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 = 184.93%

Maximum Annual Current Ratio = 3.52

Minimum Annual Increase = -49.29%

Minimum Annual Current Ratio = 0.86

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.30-49.29%
20232.57-27.10%
20223.52184.93%
20211.243.03%
20201.2023.99%
20190.9711.83%

Arabian Drilling Company (2381.SR) Average Current Ratio

How has 2381.SR Current Ratio performed in the past?

The current Current Ratio of Arabian Drilling Company (2381.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

2.46

5-year avg

1.96

10-year avg

1.66

Arabian Drilling Company (2381.SR) Current Ratio vs. Peers

How is 2381.SR’s Current Ratio compared to its peers?

Arabian Drilling Company’s Current Ratio is greater than Ades Holding Co. (1.09), less than Gas Arabian Services Co. (1.59), greater than Rabigh Refining and Petrochemical Company (0.36), less than Nass Petrol Factory Company (0), greater than Saudi Aramco Base Oil Company - Luberef (1.35), less than Alujain Corporation (2.50), less than Aqaseem Factory for Chemicals and Plastics Co. (2.77), less than Neft Alsharq Company for Chemical Industries (3.02),

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