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Ades Holding CoSAU:2382 +0.73%11 Quick Ratio is 0.85 as of Mar. 2026, which is 3% below its 10-year median of 0.88. GuruFocus rates SAU:2382 with a GF Score™ of 11/100. The stock has 9 warning signs investors should review. Among 1,014 Oil & Gas companies, Ades Holding Co ranks worse than 64.5% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Ades Holding Co's quick ratio for the quarter that ended in Mar. 2026 was 0.85.
Ades Holding Co has a quick ratio of 0.85. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Ades Holding Co's Quick Ratio or its related term are showing as below:
SAU:2382'
s Quick Ratio Range Over the Past 10 Years
Min: 0.64 Med: 0.88 Max: 0.93
Current: 0.85
During the past 3 years, Ades Holding Co's highest Quick Ratio was 0.93. The lowest was 0.64. And the median was 0.88.
SAU:2382's Quick Ratio is ranked worse than 64.5% of 1014
companies
in the Oil & Gas industry
Industry Median: 1.11
vs SAU:2382: 0.85
Ades Holding Co (SAU:2382) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Ades Holding Co Quick Ratio Related Terms
Ades Holding Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Ades Holding Co's Quick 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.
For the Oil & Gas Drilling subindustry, Ades Holding Co's Quick Ratio, along with its competitors' market caps and Quick 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.
Ades Holding Co Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ades Holding Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ades Holding Co's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Ades Holding Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Ades Holding Co (SAU:2382) has a Quick Ratio of 0.85 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ades Holding Co and its competitors. This is near median its historical median of 0.88. Over the past decade, Ades Holding Co's Quick Ratio has ranged from 0.64 to 0.93. According to the industry distribution chart, Ades Holding Co ranks #654 out of 1014 companies in the Oil & Gas industry, placing it in the top 64.5%.
Is Ades Holding Co's Quick Ratio too high?
Ades Holding Co's current Quick Ratio of 0.85 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 0.93. The Oil & Gas industry median Quick Ratio is 1.11. Ades Holding Co's value of 0.85 is 23.4% below this industry median. Based on the distribution chart, Ades Holding Co ranks #654 out of 1014 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ades Holding Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ades Holding Co's Quick Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ades Holding Co ranks #654 out of 1014 companies for Quick Ratio. This places Ades Holding Co in the lower half of its industry. The industry median Quick Ratio is 1.11. Ades Holding Co's value of 0.85 is 23.4% below this benchmark. Historically, Ades Holding Co's own Quick Ratio has ranged from 0.64 to 0.93 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 1.11, Ades Holding 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ades Holding Co's current Quick Ratio of 0.85 is 23.4% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ades Holding Co and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ades Holding Co's current Quick Ratio is 0.85, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ades Holding Co stock overvalued right now?
Ades Holding Co (SAU:2382) has a current Quick Ratio of 0.85. The current Quick Ratio is 0.85, which is near median its 10-year median of 0.88 and 23.4% below the Oil & Gas industry median of 1.11. Ades Holding Co's overall GF Score™ is 11/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Ades Holding Co (SAU:2382), the current Quick Ratio is 0.85 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.
Ades Holding Co is an oil and gas drilling and production services provider in the Middle East, Africa, Southeast Asia, and Europe. Its services mainly include offshore and onshore contract drilling and production services. The Group's offshore services include drilling and workover services and Mobile Offshore Production Unit (MOPU) production services, as well as accommodation, catering, and other barge-based support services. Additionally, it provides project services, which mainly include oil field enhancement (exploration and production). Ades's geographical operating segments are: Egypt, which derives maximum revenue, Algeria and Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and Other.
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