9588.SR
Price:
$1.49
Market Cap:
$104.30M
Riyadh Steel Co. manufactures steel and sells steel scrap. Its products include flat bars, angle bars, billets and sheared scrap. The company was founded on April 19, 2000 and is headquartered in Riyadh, Saudi Arabia.
Industry
Steel
IPO Date
2023-12-03
Stock Exchange
SAU
Ticker
9588.SR
According to Riyadh Steel Co.’s latest financial reports and current stock price. The company's current Current Ratio is 11.78. This represents a change of 76.81% compared to the average of 6.66 of the last 4 quarters.
The mean historical Current Ratio of Riyadh Steel Co. over the last ten years is 4.69. The current 11.78 Current Ratio has changed 25.02% with respect to the historical average. Over the past ten years (40 quarters), 9588.SR's Current Ratio was at its highest in in the June 2025 quarter at 11.78. The Current Ratio was at its lowest in in the December 2023 quarter at 3.57.
Average
4.69
Median
3.57
Minimum
3.25
Maximum
7.32
Discovering the peaks and valleys of Riyadh Steel 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 = 105.11%
Maximum Annual Current Ratio = 7.32
Minimum Annual Increase = -39.37%
Minimum Annual Current Ratio = 3.25
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 7.32 | 105.11% |
| 2023 | 3.57 | -39.37% |
| 2022 | 5.89 | 80.86% |
| 2021 | 3.25 | -4.85% |
The current Current Ratio of Riyadh Steel Co. (9588.SR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.59
5-year avg
4.69
10-year avg
4.69
Riyadh Steel Co.’s Current Ratio is greater than Mohammed Hasan AlNaqool Sons Co. (0.91), greater than Bena Steel Industries Co. (1.13), greater than Molan Steel Company (0.83), greater than Albattal Factory for Chemical Industries Co. (0), greater than Meyar Company (0.46), greater than Watani Iron Steel Co. (0.85), greater than Saudi Top Trading Co. (1.64), greater than Almuneef Company for Trade, Industry, Agriculture and Contracting (5.45), greater than Arabian Plastic Industrial Company Limited (1.01), greater than Saudi Lime Industries Co. (2.71),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.91 | $113.68M | |
| 1.13 | $216.00M | |
| 0.83 | $41.23M | |
| 0 | $70.64M | |
| 0.46 | $53.08M | |
| 0.85 | $339.69M | |
| 1.64 | $277.60M | |
| 5.45 | $319.20M | |
| 1.01 | $306.75M | |
| 2.71 | $278.82M |
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What is the Current Ratio?
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What is Riyadh Steel Co.'s Current Ratio?
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What is the 3-year average Current Ratio for Riyadh Steel Co. (9588.SR)?
What is the 5-year average Current Ratio for Riyadh Steel Co. (9588.SR)?
How does the current Current Ratio for Riyadh Steel Co. (9588.SR) compare to its historical average?