Arabian Drilling Co (SAU:2381) Gross-Profit-to-Asset % : 6.96% (As of Dec. 2024)

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What is Arabian Drilling Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Arabian Drilling Co's annualized Gross Profit for the quarter that ended in Dec. 2024 was ﷼730 Mil. Arabian Drilling Co's average Total Assets over the quarter that ended in Dec. 2024 was ﷼10,479 Mil. Therefore, Arabian Drilling Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 6.96%.

Arabian Drilling Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Arabian Drilling Co's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Arabian Drilling Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Gross-Profit-to-Asset %

7.27

9.96

9.64

7.16

Arabian Drilling Co Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial									10.50	10.07	4.89	6.88	6.96

Competitive Comparison of Arabian Drilling Co's Gross-Profit-to-Asset %

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

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

* The bar in red indicates where Arabian Drilling Co's Gross-Profit-to-Asset % falls into.

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Arabian Drilling Co Gross-Profit-to-Asset % Calculation

Arabian Drilling Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2024 )	/	( (Total Assets (A: Dec. 2023 )	+	Total Assets (A: Dec. 2024 ))	/ count )
	=	759.9	/	( (10686.474	+	10534.841)	/ 2 )
	=	759.9	/	10610.6575
	=	7.16 %

Arabian Drilling Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	729.528	/	( (10423.653	+	10534.841)	/ 2 )
	=	729.528	/	10479.247
	=	6.96 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Arabian Drilling Co Gross-Profit-to-Asset % Related Terms

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Arabian Drilling Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 4110, Al-Khobar, SAU, 31952

Website

https://www.arabdrill.com

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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