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Arabian Drilling Co (SAU:2381) Debt-to-Revenue : 0.88 (As of Sep. 2024)


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What is Arabian Drilling Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Arabian Drilling Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼314 Mil. Arabian Drilling Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼2,712 Mil. Arabian Drilling Co's annualized Revenue for the quarter that ended in Sep. 2024 was ﷼3,453 Mil. Arabian Drilling Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.88.


Arabian Drilling Co Debt-to-Revenue Historical Data

The historical data trend for Arabian Drilling Co's Debt-to-Revenue 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.

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Arabian Drilling Co Debt-to-Revenue Chart

Arabian Drilling Co Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Revenue
0.63 1.01 0.92

Arabian Drilling Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.81 0.80 0.83 0.88

Competitive Comparison of Arabian Drilling Co's Debt-to-Revenue

For the Oil & Gas Drilling subindustry, Arabian Drilling Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Arabian Drilling Co's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Arabian Drilling Co's Debt-to-Revenue falls into.



Arabian Drilling Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Arabian Drilling Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(235.638 + 2953.518) / 3476.524
=0.92

Arabian Drilling Co's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(314.364 + 2711.925) / 3452.756
=0.88

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


Arabian Drilling Co Debt-to-Revenue Related Terms

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Arabian Drilling Co Business Description

Traded in Other Exchanges
N/A
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.

Arabian Drilling Co Headlines

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