Ades Holding Co (SAU:2382) Construction In Progress: ﷼491 Mil (As of Mar. 2026)

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SAU:2382 Ades Holding Co SAU:2382
11 GF Score
Price ﷼18.00
! 9 Warning Signs
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What is Ades Holding Co Construction In Progress?

Ades Holding Co SAU:2382 +0.73% 11 Construction In Progress is ﷼491 Mil as of Mar. 2026. GuruFocus rates SAU:2382 with a GF Score™ of 11/100. The stock has 9 warning signs investors should review.

Ades Holding Co's quarterly construction in progress increased from Sep. 2025 (﷼374 Mil) to Dec. 2025 (﷼436 Mil) and increased from Dec. 2025 (﷼436 Mil) to Mar. 2026 (﷼491 Mil).

Ades Holding Co's annual construction in progress declined from Dec. 2023 (﷼2,944 Mil) to Dec. 2024 (﷼459 Mil) and declined from Dec. 2024 (﷼459 Mil) to Dec. 2025 (﷼436 Mil).

Ades Holding Co Construction In Progress Historical Data

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The historical data trend for Ades Holding Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ades Holding Co Construction In Progress Chart

Ades Holding Co Annual Data
Trend Dec23 Dec24 Dec25
Construction In Progress
2,944.28 458.95 436.09

Ades Holding Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 724.44 585.23 373.85 436.09 490.67
SAU:2382
11GF Score
Ades Holding Co SAU:2382
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ades Holding Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ﷼491 Mil mean?
Ades Holding Co (SAU:2382) has a Construction In Progress of ﷼491 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Ades Holding Co and its competitors.
Is Ades Holding Co's Construction In Progress too high?
Ades Holding Co's current Construction In Progress is ﷼491 Mil. Overall, Ades Holding Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ades Holding Co's Construction In Progress compare to NE and RIG?
Ades Holding Co's Construction In Progress of ﷼491 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Ades Holding Co and its competitors. Ades Holding Co's current Construction In Progress is ﷼491 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ades Holding Co stock overvalued right now?
Ades Holding Co (SAU:2382) has a current Construction In Progress of ﷼491 Mil. The current Construction In Progress is ﷼491 Mil. Ades Holding Co's overall GF Score™ is 11/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Ades Holding Co (SAU:2382), the current Construction In Progress is ﷼491 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ades Holding Co Business Description

Industry EnergyOil & Gas
Address 429 Prince Turki Street, Al Zamil House, Al Corniche District, Al Khobar, SAU, 2203
Ades Holding Co is an oil and gas drilling and production services provider in the Middle East, Africa, Southeast Asia, and Europe. Its services mainly include offshore and onshore contract drilling and production services. The Group's offshore services include drilling and workover services and Mobile Offshore Production Unit (MOPU) production services, as well as accommodation, catering, and other barge-based support services. Additionally, it provides project services, which mainly include oil field enhancement (exploration and production). Ades's geographical operating segments are: Egypt, which derives maximum revenue, Algeria and Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and Other.
11GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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