9580.SR
Price:
$50
Market Cap:
$400.00M
Al Rashid Industrial Co., manufactures and sells plastic and packaging products to the government and commercial sectors in Saudi Arabia. It offers food containers for refrigerator, trays, and Cassatt and jakes; medical packages and containers; and packaging boxes for creams and care products, saffron, incense, Maamoul, dates, and sweets and citrus products. The company also provides single use boxes, such as heating and transparent cans; sushi, cake, egg storage, and fruit boxes; and cans for cakes. It offers its products online. The company was founded in 1969 and is based in Riyadh, Saudi Arabia.
Industry
Packaging & Containers
IPO Date
2023-09-12
Stock Exchange
SAU
Ticker
9580.SR
According to Al Rashid Industrial Co.’s latest financial reports and current stock price. The company's current Current Ratio is 6.11. This represents a change of 8.68% compared to the average of 5.62 of the last 4 quarters.
The mean historical Current Ratio of Al Rashid Industrial Co. over the last ten years is 4.30. The current 6.11 Current Ratio has changed 14.10% with respect to the historical average. Over the past ten years (40 quarters), 9580.SR's Current Ratio was at its highest in in the June 2023 quarter at 6.33. The Current Ratio was at its lowest in in the June 2020 quarter at 0.
Average
4.30
Median
4.80
Minimum
2.36
Maximum
5.69
Discovering the peaks and valleys of Al Rashid Industrial 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 = 103.50%
Maximum Annual Current Ratio = 5.69
Minimum Annual Increase = -23.95%
Minimum Annual Current Ratio = 2.36
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.69 | 2.37% |
| 2023 | 5.55 | 15.61% |
| 2022 | 4.80 | 103.50% |
| 2021 | 2.36 | -23.95% |
The current Current Ratio of Al Rashid Industrial Co. (9580.SR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.35
5-year avg
4.30
10-year avg
4.30
Al Rashid Industrial Co.’s Current Ratio is greater than Filling and Packing Materials Manufacturing Company (1.22), greater than Paper Home Co. (1.32), greater than Saudi Industrial Development Co. (0.75), greater than Takween Advanced Industries (0.61), greater than Development Works Food Co. Ltd (0.73), greater than Lamasat Co. (3.51), greater than Zahrat Al Waha For Trading Company (1.36), greater than Raydan Food Company (0.21), greater than Knowledge Tower (2.21), greater than Clean Life Co. (1.70),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.22 | $355.12M | |
| 1.32 | $240.48M | |
| 0.75 | $163.34M | |
| 0.61 | $471.02M | |
| 0.73 | $325.20M | |
| 3.51 | $381.51M | |
| 1.36 | $501.75M | |
| 0.21 | $184.16M | |
| 2.21 | $214.90M | |
| 1.70 | $149.78M |
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What is the Current Ratio?
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What is Al Rashid Industrial Co.'s Current Ratio?
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What is the 3-year average Current Ratio for Al Rashid Industrial Co. (9580.SR)?
What is the 5-year average Current Ratio for Al Rashid Industrial Co. (9580.SR)?
How does the current Current Ratio for Al Rashid Industrial Co. (9580.SR) compare to its historical average?