Ash-Sharqiyah Development Co (SAU:6060) Current Ratio: 2.94 (As of Mar. 2026) — 5780% Above Median

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SAU:6060 Ash-Sharqiyah Development Co SAU:6060
29 GF Score
Price ﷼14.09
! 1 Warning Sign
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What is Ash-Sharqiyah Development Co Current Ratio?

Ash-Sharqiyah Development Co SAU:6060 -0.42% 29 Current Ratio is 2.94 as of Mar. 2026, which is 5780% above its 10-year median of 0.05. GuruFocus rates SAU:6060 with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 1,994 Consumer Packaged Goods companies, Ash-Sharqiyah Development Co ranks better than 74.12% 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. Ash-Sharqiyah Development Co's current ratio for the quarter that ended in Mar. 2026 was 2.94.

Ash-Sharqiyah Development Co has a current ratio of 2.94. It generally indicates good short-term financial strength.

The historical rank and industry rank for Ash-Sharqiyah Development Co's Current Ratio or its related term are showing as below:

SAU:6060' s Current Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 7.36
Current: 2.94

During the past 13 years, Ash-Sharqiyah Development Co's highest Current Ratio was 7.36. The lowest was 0.01. And the median was 0.05.

SAU:6060's Current Ratio is ranked better than
74.12% of 1994 companies
in the Consumer Packaged Goods industry
Industry Median: 1.73 vs SAU:6060: 2.94

Ash-Sharqiyah Development Co  (SAU:6060) 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.


Ash-Sharqiyah Development Co Current Ratio Related Terms


Ash-Sharqiyah Development Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Ash-Sharqiyah Development 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.

Ash-Sharqiyah Development Co Current Ratio Chart

Ash-Sharqiyah Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 7.27 3.22 3.12

Ash-Sharqiyah Development Co Quarterly Data
Jun21 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 Premium Member Only 3.17 2.94 3.31 3.12 2.94

SAU:6060 vs ADM, BG, TSN: Current Ratio Comparison

For the Farm Products subindustry, Ash-Sharqiyah Development 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.


Ash-Sharqiyah Development Co Current Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ash-Sharqiyah Development Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Ash-Sharqiyah Development Co's Current Ratio falls into.


SAU:6060
29GF Score
Ash-Sharqiyah Development Co SAU:6060
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ash-Sharqiyah Development 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.

Ash-Sharqiyah Development 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 )
=165.113/52.887
=3.12

Ash-Sharqiyah Development 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 )
=155.524/52.882
=2.94

* 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 2.94 mean?
Ash-Sharqiyah Development Co (SAU:6060) has a Current Ratio of 2.94 as of Mar. 2026. This is 5780% above median its historical median of 0.05. Over the past decade, Ash-Sharqiyah Development Co's Current Ratio has ranged from 0.01 to 7.36. According to the industry distribution chart, Ash-Sharqiyah Development Co ranks #516 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 25.9%.
Is Ash-Sharqiyah Development Co's Current Ratio too high?
Ash-Sharqiyah Development Co's current Current Ratio of 2.94 is 5780% above median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 7.36. The Consumer Packaged Goods industry median Current Ratio is 1.73. Ash-Sharqiyah Development Co's value of 2.94 is 69.9% above this industry median. Based on the distribution chart, Ash-Sharqiyah Development Co ranks #516 out of 1994 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ash-Sharqiyah Development Co has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Ash-Sharqiyah Development Co's Current Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Ash-Sharqiyah Development Co ranks #516 out of 1994 companies for Current Ratio. This puts Ash-Sharqiyah Development Co in the upper half of its industry. The industry median Current Ratio is 1.73. Ash-Sharqiyah Development Co's value of 2.94 is 69.9% above this benchmark. Historically, Ash-Sharqiyah Development Co's own Current Ratio has ranged from 0.01 to 7.36 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 1.73, Ash-Sharqiyah Development Co has consistently been above 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 a Consumer Packaged Goods company?
The median Current Ratio among Consumer Packaged Goods companies is 1.73, based on 1,994 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. Ash-Sharqiyah Development Co's current Current Ratio of 2.94 is 69.9% above 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 Consumer Packaged Goods industry, the median Current Ratio is 1.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ash-Sharqiyah Development Co's current Current Ratio is 2.94, which is 5780% above median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ash-Sharqiyah Development Co stock overvalued right now?
Ash-Sharqiyah Development Co (SAU:6060) has a current Current Ratio of 2.94. The current Current Ratio is 2.94, which is 5780% above median its 10-year median of 0.05 and 69.9% above the Consumer Packaged Goods industry median of 1.73. Ash-Sharqiyah Development Co's overall GF Score™ is 29/100 with 1 warning sign 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 Ash-Sharqiyah Development Co (SAU:6060), the current Current Ratio is 2.94 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.

Ash-Sharqiyah Development Co Business Description

Address 7143 Prince Turki bin Abdulaziz Al Awwal Street, Riyadh, SAU, 2290 - 13512
Ash-Sharqiyah Development Co operates in investment activities, development activities, and logistic services. Its segments include Al-Sharqiya (Holding Company), which is engaged in agriculture, construction, wholesale and retail trade, transportation and storage, accommodation and food service activities, real estate activities, arts, entertainment and leisure, and other service activities. The Company is also engaged in growing vegetables in greenhouses and uncovered variegated vegetables. The Sado Arab Trading Company, which generates maximum revenue, is engaged in food security and logistic services, while the Al Waseet Al Beri Logistics Group is engaged in goods land transportation, refrigerated and frozen goods transportation, and operating storage facilities for all types of goods.
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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