6060.SR
Price:
$14.19
Market Cap:
$425.70M
Ash-Sharqiyah Development Co. engages in the agricultural business in Saudi Arabia and internationally. The company is involved in growing vegetables in greenhouses and outdoors. It also engages in production of mixed farming and hydroponics for vegetable production activities. In addition, the company is involved in operation of irrigation systems for agricultural projects and activities relating animal production. Ash-Sharqiyah Development Co. was founded in 1986 and is based in Dammam, Saudi Arabia.
Industry
Agricultural Farm Products
IPO Date
2010-03-04
Stock Exchange
SAU
Ticker
6060.SR
According to Ash-Sharqiyah Development Co.’s latest financial reports and current stock price. The company's current Current Ratio is 2.94. This represents a change of -7.17% compared to the average of 3.16 of the last 4 quarters.
The mean historical Current Ratio of Ash-Sharqiyah Development Co. over the last ten years is 1.07. The current 2.94 Current Ratio has changed 27.40% with respect to the historical average. Over the past ten years (40 quarters), 6060.SR's Current Ratio was at its highest in in the March 2024 quarter at 7.36. The Current Ratio was at its lowest in in the June 2020 quarter at 0.00.
Average
1.07
Median
0.04
Minimum
0.00
Maximum
7.27
Discovering the peaks and valleys of Ash-Sharqiyah Development Co. 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 = 44.82%
Maximum Annual Current Ratio = 7.27
Minimum Annual Increase = -85.72%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.89 | -60.21% |
| 2023 | 7.27 | 44.82% |
| 2022 | 0.02 | 90.44% |
| 2021 | 0.01 | 69.93% |
| 2020 | 0.00 | -85.72% |
| 2019 | 0.04 | -35.12% |
| 2018 | 0.05 | 102.31% |
| 2017 | 0.03 | -78.35% |
| 2016 | 0.12 | -51.54% |
| 2015 | 0.25 | -50.89% |
The current Current Ratio of Ash-Sharqiyah Development Co. (6060.SR) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.39
5-year avg
2.04
10-year avg
1.07
Ash-Sharqiyah Development Co.’s Current Ratio is greater than Jazan Development and Investment Company (0.51), greater than Al Gassim Investment Holding Company (1.50), greater than Saudi Fisheries Company (0.39), greater than Tabuk Agricultural Development Company (0.35), greater than Anaam International Holding Group Company (0.23), greater than Thimar Development Holding Company (0.60), greater than Wafrah for Industry and Development Company (1.70), greater than Leen Alkhair Trading Company (1.29), greater than Balady Poultry Trading Co. (1.08), less than Horizon Food Co. (4.22),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.51 | $448.00M | |
| 1.50 | $485.40M | |
| 0.39 | $459.08M | |
| 0.35 | $340.05M | |
| 0.23 | $388.71M | |
| 0.60 | $252.33M | |
| 1.70 | $514.65M | |
| 1.29 | $150.14M | |
| 1.08 | $794.97M | |
| 4.22 | $288.00M |
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