Arabian Drilling Company

Saudi Stock Exchange 2381.SR

Arabian Drilling Company Return on Assets (ROA) for the year ending December 31, 2023: 5.66%

Arabian Drilling Company Return on Assets (ROA) is 5.66% for the year ending December 31, 2023, a -3.08% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Arabian Drilling Company Return on Assets (ROA) for the year ending December 31, 2022 was 5.84%, a 39.64% change year over year.
Arabian Drilling Company Return on Assets (ROA) for the year ending December 31, 2021 was 4.18%, a -2.47% change year over year.
Arabian Drilling Company Return on Assets (ROA) for the year ending December 31, 2020 was 4.29%, a 36.30% change year over year.
Arabian Drilling Company Return on Assets (ROA) for the year ending December 31, 2019 was 3.14%, a 144.02% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

Saudi Stock Exchange: 2381.SR

Arabian Drilling Company

CEO	Mr. Ghassan Abdulaziz Sulaiman Mirdad
IPO Date	Nov. 9, 2022
Location	Saudi Arabia
Headquarters	PO Box 4110
Employees	6,143
Sector	Energy
Industries Offshore Drilling Drilling Oil & Gas

Description

Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. Its services include the supply of drilling services in shallow and deep waters and on land for the exploration and production of oil and natural gas, as well as well intervention and testing, rig move, mobilization, manpower, and other services. The company operates an onshore fleet of 38 rigs, which include medium to ultra-heavy rigs; and offshore fleet of 7 rigs that comprises of ultra-heavy-duty jack-ups. Arabian Drilling Company was founded in 1964 and is based in Al Khobar, Saudi Arabia. Arabian Drilling Company is a subsidiary of Industrialization & Energy Services Company.

Key trends

Past 5 years