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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Arabian Drilling Co's operating assets for the quarter that ended in Mar. 2026 was ﷼9,468 Mil. Arabian Drilling Co's operating liabilities for the quarter that ended in Mar. 2026 was ﷼1,372 Mil. Arabian Drilling Co's Total Assets for the quarter that ended in Dec. 2025 was ﷼10,089 Mil. Therefore, Arabian Drilling Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.80.
Arabian Drilling Co Scaled Net Operating Assets Related Terms
Arabian Drilling Co Scaled Net Operating Assets Historical Data
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The historical data trend for Arabian Drilling Co's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart
SAU:2381 vs NE, RIG, VAL: Scaled Net Operating Assets Comparison
For the Oil & Gas Drilling subindustry, Arabian Drilling Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Arabian Drilling Co's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Arabian Drilling Co's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.80 mean?
Arabian Drilling Co (SAU:2381) has a Scaled Net Operating Assets of 0.80 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Arabian Drilling Co and its competitors.
Is Arabian Drilling Co's Scaled Net Operating Assets too high?
Arabian Drilling Co's current Scaled Net Operating Assets is 0.80. Overall, Arabian Drilling Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arabian Drilling Co's Scaled Net Operating Assets compare to NE and RIG?
Arabian Drilling Co's Scaled Net Operating Assets of 0.80 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Oil & Gas company?
A good Scaled Net Operating Assets depends on the Oil & Gas industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Arabian Drilling Co and its competitors. Arabian Drilling Co's current Scaled Net Operating Assets is 0.80. 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 Scaled Net Operating Assets is 0.80. Arabian Drilling Co's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Arabian Drilling Co (SAU:2381), the current Scaled Net Operating Assets is 0.80 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:
Scaled Net Operating Assets: 0.80
GF Value™: ﷼100.70 vs. price of ﷼81.50 (19.1% below fair value)
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 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.
59GF Score
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