Arabian Drilling Co (SAU:2381) Current Ratio: 0.51 (As of Mar. 2026) — 72% Below Median

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SAU:2381 Arabian Drilling Co SAU:2381
58 GF Score
Price ﷼81.50
GF Value ﷼100.70
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Arabian Drilling Co Current Ratio?

Arabian Drilling Co SAU:2381 -5.73% 58 Current Ratio is 0.51 as of Mar. 2026, which is 72% below its 10-year median of 1.83. GuruFocus rates SAU:2381 with a GF Score™ of 58/100 and a GF Value™ of ﷼100.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,016 Oil & Gas companies, Arabian Drilling Co ranks worse than 87.89% 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. Arabian Drilling Co's current ratio for the quarter that ended in Mar. 2026 was 0.51.

Arabian Drilling Co has a current ratio of 0.51. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Arabian Drilling Co has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Arabian Drilling Co's Current Ratio or its related term are showing as below:

SAU:2381' s Current Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.83   Max: 3.52
Current: 0.51

During the past 5 years, Arabian Drilling Co's highest Current Ratio was 3.52. The lowest was 0.51. And the median was 1.83.

SAU:2381's Current Ratio is ranked worse than
87.89% of 1016 companies
in the Oil & Gas industry
Industry Median: 1.35 vs SAU:2381: 0.51

Arabian Drilling Co  (SAU:2381) 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.


Arabian Drilling Co Current Ratio Related Terms


Arabian Drilling Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Arabian Drilling Co'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.

Arabian Drilling Co Current Ratio Chart

Arabian Drilling Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
1.24 3.52 2.57 1.30 1.41

Arabian Drilling Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.40 1.50 1.41 0.51

SAU:2381 vs NE, RIG, VAL: Current Ratio Comparison

For the Oil & Gas Drilling subindustry, Arabian Drilling Co'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.


Arabian Drilling Co Current Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Arabian Drilling Co's Current Ratio falls into.


SAU:2381
58GF Score
Arabian Drilling Co SAU:2381
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arabian Drilling Co 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.

Arabian Drilling Co'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 )
=1577.15/1115.029
=1.41

Arabian Drilling Co'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 )
=1597.129/3134.121
=0.51

* 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 0.51 mean?
Arabian Drilling Co (SAU:2381) has a Current Ratio of 0.51 as of Mar. 2026. This is 72% below median its historical median of 1.83. Over the past decade, Arabian Drilling Co's Current Ratio has ranged from 0.51 to 3.52. According to the industry distribution chart, Arabian Drilling Co ranks #893 out of 1016 companies in the Oil & Gas industry, placing it in the top 87.9%.
Is Arabian Drilling Co's Current Ratio too high?
Arabian Drilling Co's current Current Ratio of 0.51 is 72% below median its 10-year median of 1.83. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 3.52. The Oil & Gas industry median Current Ratio is 1.35. Arabian Drilling Co's value of 0.51 is 62.2% below this industry median. Based on the distribution chart, Arabian Drilling Co ranks #893 out of 1016 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Arabian Drilling Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arabian Drilling Co's Current Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Arabian Drilling Co ranks #893 out of 1016 companies for Current Ratio. This places Arabian Drilling Co in the lower half of its industry. The industry median Current Ratio is 1.35. Arabian Drilling Co's value of 0.51 is 62.2% below this benchmark. Historically, Arabian Drilling Co's own Current Ratio has ranged from 0.51 to 3.52 over the past decade. While the company's 10-year median is 1.83 vs. the industry median of 1.35, Arabian Drilling Co 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 1,016 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. Arabian Drilling Co's current Current Ratio of 0.51 is 62.2% 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. Arabian Drilling Co's current Current Ratio is 0.51, which is 72% below median its own 10-year median of 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Drilling Co stock overvalued right now?
Based on GuruFocus' analysis, Arabian Drilling Co (SAU:2381) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼100.70, compared to a current price of ﷼81.50 — trading 19.1% below its estimated fair value. The current Current Ratio is 0.51, which is 72% below median its 10-year median of 1.83 and 62.2% below the Oil & Gas industry median of 1.35. Arabian Drilling Co's overall GF Score™ is 58/100 with 3 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 Arabian Drilling Co (SAU:2381), the current Current Ratio is 0.51 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.

Is Arabian Drilling Co (SAU:2381) Overvalued in 2026?

Based on GuruFocus' analysis, Arabian Drilling Co stock appears to be undervalued. The current stock price of ﷼81.50 is trading 19.1% below its estimated GF Value™ of ﷼100.70. GuruFocus considers Arabian Drilling Co to be Modestly Undervalued.

Key valuation signals for SAU:2381:

  • Current Ratio: 0.51 (72% below median its 10-year median of 1.83)
  • GF Value™: ﷼100.70 vs. price of ﷼81.50 (19.1% below fair value)
  • GF Score™: 58/100 with 3 warning signs
  • Industry Position: 62.2% below the Oil & Gas median (#893 of 1016)

No single metric tells the full story. See the SAU:2381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arabian Drilling Co Business Description

Industry EnergyOil & Gas
Address P.O.Box 4110, Al-Khobar, SAU, 31952
Arabian Drilling Co is an onshore and offshore gas and oil rig drilling company in Saudi Arabia. It is principally engaged in the drilling of oil and natural gas wells, operations, maintenance and hauling of rigs, and related activities. The operating segment of the company Provision of drilling and related services through land rigs and the Provision of drilling and related services through off-shore rigs.
58GF Score

Get the complete analysis for SAU:2381

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

﷼81.50
Price
﷼100.70
GF Value