NMDC Energy PJSC (ADX:NMDCENR) Current Ratio: 1.13 (As of Mar. 2026) — Near Median

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ADX:NMDCENR NMDC Energy PJSC ADX:NMDCENR
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What is NMDC Energy PJSC Current Ratio?

NMDC Energy PJSC ADX:NMDCENR -1.74% 29 Current Ratio is 1.13 as of Mar. 2026, which is 4% below its 10-year median of 1.18. GuruFocus rates ADX:NMDCENR with a GF Score™ of 29/100. The stock has 4 warning signs investors should review. Among 1,012 Oil & Gas companies, NMDC Energy PJSC ranks worse than 60.18% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. NMDC Energy PJSC's current ratio for the quarter that ended in Mar. 2026 was 1.13.

NMDC Energy PJSC has a current ratio of 1.13. It generally indicates good short-term financial strength.

The historical rank and industry rank for NMDC Energy PJSC's Current Ratio or its related term are showing as below:

ADX:NMDCENR' s Current Ratio Range Over the Past 10 Years
Min: 1.13   Med: 1.18   Max: 1.33
Current: 1.13

During the past 3 years, NMDC Energy PJSC's highest Current Ratio was 1.33. The lowest was 1.13. And the median was 1.18.

ADX:NMDCENR's Current Ratio is ranked worse than
60.18% of 1012 companies
in the Oil & Gas industry
Industry Median: 1.35 vs ADX:NMDCENR: 1.13

NMDC Energy PJSC  (ADX:NMDCENR) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


NMDC Energy PJSC Current Ratio Related Terms


NMDC Energy PJSC Current Ratio Historical Data

* Premium members only.

The historical data trend for NMDC Energy PJSC's Current Ratio 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.

NMDC Energy PJSC Current Ratio Chart

NMDC Energy PJSC Annual Data
Trend Dec23 Dec24 Dec25
Current Ratio
1.33 1.22 1.19

NMDC Energy PJSC Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.16 1.16 1.16 1.19 1.13

ADX:NMDCENR vs COP, EOG, FANG: Current Ratio Comparison

For the Oil & Gas E&P subindustry, NMDC Energy PJSC's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NMDC Energy PJSC Current Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NMDC Energy PJSC's Current Ratio distribution charts can be found below:

* The bar in red indicates where NMDC Energy PJSC's Current Ratio falls into.


ADX:NMDCENR
29GF Score
NMDC Energy PJSC ADX:NMDCENR
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NMDC Energy PJSC Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

NMDC Energy PJSC's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=16026.994/13448.903
=1.19

NMDC Energy PJSC's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=14987.411/13221.414
=1.13

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.13 mean?
NMDC Energy PJSC (ADX:NMDCENR) has a Current Ratio of 1.13 as of Mar. 2026. This is near median its historical median of 1.18. Over the past decade, NMDC Energy PJSC's Current Ratio has ranged from 1.13 to 1.33. According to the industry distribution chart, NMDC Energy PJSC ranks #609 out of 1012 companies in the Oil & Gas industry, placing it in the top 60.2%.
Is NMDC Energy PJSC's Current Ratio too high?
NMDC Energy PJSC's current Current Ratio of 1.13 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 1.33. The Oil & Gas industry median Current Ratio is 1.35. NMDC Energy PJSC's value of 1.13 is 16.3% below this industry median. Based on the distribution chart, NMDC Energy PJSC ranks #609 out of 1012 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NMDC Energy PJSC has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does NMDC Energy PJSC's Current Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NMDC Energy PJSC ranks #609 out of 1012 companies for Current Ratio. This places NMDC Energy PJSC in the lower half of its industry. The industry median Current Ratio is 1.35. NMDC Energy PJSC's value of 1.13 is 16.3% below this benchmark. Historically, NMDC Energy PJSC's own Current Ratio has ranged from 1.13 to 1.33 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.35, NMDC Energy PJSC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,012 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NMDC Energy PJSC's current Current Ratio of 1.13 is 16.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC Energy PJSC's current Current Ratio is 1.13, which is near median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Energy PJSC stock overvalued right now?
NMDC Energy PJSC (ADX:NMDCENR) has a current Current Ratio of 1.13. The current Current Ratio is 1.13, which is near median its 10-year median of 1.18 and 16.3% below the Oil & Gas industry median of 1.35. NMDC Energy PJSC's overall GF Score™ is 29/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For NMDC Energy PJSC (ADX:NMDCENR), the current Current Ratio is 1.13 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.

NMDC Energy PJSC Business Description

Industry EnergyOil & Gas
Address Mussafah, P.O Box. 2058, Abu Dhabi, ARE
NMDC Energy PJSC is engaged in engineering, procurement, and construction solutions for clients in the onshore and offshore oil and gas sectors. Its projects include MERAM, Umm Lulu full field development, Estidama, Satah full field development, and others projects. The Group has aggregated its geographical segments into UAE and International. UAE segment includes projects in the UAE, while international segment includes operations in Kingdom of Saudi Arabia, Bahrain, India, Taiwan, and Kuwait.
29GF Score

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

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