Cash flow Arabian Drilling Company

Equities

2381

SA15L1I156H7

Oil & Gas Drilling

Market Closed - Saudi Arabian S.E. Other stock markets 08:20:00 2025-07-17 am EDT			5-day change	1st Jan Change
87.75 ^SAR	+0.29%		-0.06%	-21.37%

Jul. 14	Arabian Drilling Extends Offshore Drilling Contract with Khafji Joint Operations	MT
Jul. 14	Arabian drilling secures contract extension with Khafji Joint Operations	RE

5b7e508.BphV1HLzETIylHowE70eQQk9NzoOd62y6UNj1sWVllg.XN0AjkOcVkpd5iBdcoR4N2AQB11aA8bbhRoOuIL0xW5Oz2KmNok8fXfsFQ

Published financial data: ARABIAN DRILLING COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.53B	2.2B	2.7B	3.48B	3.62B
Total Revenues	2.53B	2.2B	2.7B	3.48B	3.62B
Cost of Goods Sold, Total	2.01B	1.73B	1.9B	2.5B	2.86B
Gross Profit	523M	469M	801M	976M	760M
Selling General & Admin Expenses, Total	124M	105M	180M	181M	195M
Provision for Bad Debts	551K	-	47.31K	620K	1.16M
Depreciation & Amortization - (IS)	-	-	-	-	9.88M
Other Operating Expenses	-1.14M	164K	2.7M	-7.07M	-11.48M
Other Operating Expenses, Total	123M	106M	182M	175M	194M
Operating Income	400M	363M	619M	801M	566M
Interest Expense, Total	-47.02M	-26.76M	-91.31M	-157M	-228M
Interest And Investment Income	927K	1.34M	27.53M	47.6M	21.61M
Net Interest Expenses	-46.09M	-25.42M	-63.79M	-109M	-207M
Other Non Operating Income (Expenses)	-15.7M	-11.23M	-3.01M	-4.12M	-719K
EBT, Excl. Unusual Items	338M	327M	552M	688M	358M
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	338M	327M	552M	688M	358M
Income Tax Expense	44.03M	53.16M	-5.42M	83.33M	36.65M
Earnings From Continuing Operations	294M	274M	558M	605M	321M
Net Income to Company	294M	274M	558M	605M	321M
Net Income - (IS)	294M	274M	558M	605M	321M
Net Income to Common Incl Extra Items	294M	274M	558M	605M	321M
Net Income to Common Excl. Extra Items	294M	274M	558M	605M	321M
Per Share Items
Net EPS - Basic	130.24	121.16	6.85	6.79	3.61
Basic EPS - Continuing Operations	130.24	121.16	6.85	6.79	3.61
Basic Weighted Average Shares Outstanding	2.26M	2.26M	81.43M	89M	89M
Net EPS - Diluted	130.24	121.16	6.85	6.79	3.61
Diluted EPS - Continuing Operations	130.24	121.16	6.85	6.79	3.61
Diluted Weighted Average Shares Outstanding	2.26M	2.26M	81.43M	89M	89M
Normalized Basic EPS	93.58	90.44	4.24	4.83	2.51
Normalized Diluted EPS	93.58	90.44	4.24	4.83	2.51
Dividend Per Share	-	16.58	-	5.06	5.06
Payout Ratio	6.78	-	3.89	37.24	107.3
Supplemental Items
EBITDA	1.13B	902M	1.14B	1.42B	1.34B
EBITA	400M	363M	625M	801M	566M
EBIT	400M	363M	619M	801M	566M
EBITDAR	-	-	1.24B	1.53B	1.48B
Effective Tax Rate - (Ratio)	13.02	16.27	-0.98	12.11	10.24
Current Domestic Taxes	-	-	37.65M	30.82M	9.06M
Current Foreign Taxes	-	-	-	8.33M	2M
Total Current Taxes	9.09M	4.69M	37.65M	39.15M	11.06M
Deferred Domestic Taxes	-	-	-57.79M	15.91M	20.62M
Total Deferred Taxes	24.46M	27.84M	-57.79M	15.91M	20.62M
Normalized Net Income	211M	204M	345M	430M	224M
Interest Capitalized	-	-	20.45M	37.58M	-
Interest on Long-Term Debt	48.39M	26.95M	92.78M	161M	229M
Non-Cash Pension Expense	5.86M	5.76M	6.62M	10.77M	-
Supplemental Operating Expense Items
General and Administrative Expenses	124M	105M	180M	181M	86.13M
Net Rental Expense, Total	-	-	109M	114M	141M
Imputed Operating Lease Interest Expense	-	-	47.3M	59.86M	82.89M
Imputed Operating Lease Depreciation	-	-	61.55M	54.04M	58.01M
Maintenance & Repair Expenses, Total	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	640M	412M	832M	1.44B	582M
Short Term Investments	-	-	1B	-	-
Trading Asset Securities, Total	-	-	378K	-	-
Total Cash And Short Term Investments	640M	412M	1.83B	1.44B	582M
Accounts Receivable, Total	471M	637M	746M	1B	675M
Other Receivables	27.69M	31.82M	18.9M	8.74M	18.01M
Total Receivables	498M	669M	765M	1.01B	693M
Inventory	158M	143M	173M	280M	309M
Prepaid Expenses	24.17M	27.17M	38.02M	47.28M	60.34M
Other Current Assets, Total	38.95M	24.57M	40.96M	25.84M	42.5M
Total Current Assets	1.36B	1.28B	2.85B	2.8B	1.69B
Gross Property Plant And Equipment	11.48B	11.41B	13.31B	15.05B	16.63B
Accumulated Depreciation	-5.91B	-6.15B	-6.62B	-7.18B	-7.85B
Net Property Plant And Equipment	5.57B	5.26B	6.69B	7.87B	8.78B
Other Intangibles, Total	11.13M	5.52M	-	-	50.61M
Deferred Charges Long-Term	4.97M	2.38M	15.03M	-	-
Other Long-Term Assets, Total	-	-	-	16.2M	22.62M
Total Assets	6.94B	6.54B	9.55B	10.69B	10.53B
Liabilities
Accounts Payable, Total	181M	144M	174M	243M	194M
Accrued Expenses, Total	281M	298M	402M	482M	680M
Current Portion of Long-Term Debt	640M	545M	46.46M	168M	282M
Current Portion of Leases	3.03M	1.85M	63.81M	67.17M	63.78M
Current Income Taxes Payable	10.05M	20.29M	54.15M	32.13M	5.68M
Unearned Revenue Current, Total	36.54M	8.46M	60.22M	94.31M	66.14M
Other Current Liabilities	772K	14.73M	8.78M	4.3M	3.26M
Total Current Liabilities	1.15B	1.03B	809M	1.09B	1.3B
Long-Term Debt	1.38B	836M	2.48B	2.89B	2.67B
Long-Term Leases	1.81M	-	136M	67.89M	4.11M
Unearned Revenue Non Current	14.42M	5.97M	116M	212M	113M
Pension & Other Post Retirement Benefits	253M	251M	273M	304M	327M
Deferred Tax Liability Non Current	178M	207M	149M	164M	184M
Other Non Current Liabilities	53.51M	19.63M	-	-	-
Total Liabilities	3.03B	2.35B	3.96B	4.73B	4.6B
Common Stock, Total	22.58M	22.58M	890M	890M	890M
Additional Paid In Capital	97.42M	97.42M	791M	791M	791M
Retained Earnings	3.81B	4.08B	3.91B	4.28B	4.25B
Comprehensive Income and Other	-15.13M	-4.44M	-	-	6.42M
Total Common Equity	3.91B	4.19B	5.59B	5.96B	5.94B
Total Equity	3.91B	4.19B	5.59B	5.96B	5.94B
Total Liabilities And Equity	6.94B	6.54B	9.55B	10.69B	10.53B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.26M	2.26M	89M	89M	89M
ECS Total Common Shares Outstanding	2.26M	2.26M	89M	89M	89M
Book Value / Share	1.73K	1.86K	62.81	66.98	66.72
Tangible Book Value	3.9B	4.19B	5.59B	5.96B	5.89B
Tangible Book Value Per Share	1.73K	1.85K	62.81	66.98	66.15
Total Debt	2.02B	1.38B	2.73B	3.19B	3.02B
Net Debt	1.38B	971M	895M	1.75B	2.44B
Debt Equivalent Oper. Leases	-	-	871M	911M	1.13B
Account Code - Inventory Valuation	-	6	6	6	6
Inventories - Others	178M	166M	201M	315M	338M
Land - (BS)	88.24M	88.24M	88.24M	88.24M	88.24M
Buildings, Total	86.18M	99.39M	99.69M	180M	185M
Machinery, Total	11.15B	11.08B	11.55B	13.59B	15.38B
Full Time Employees	-	4.42K	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	10.25M	3.43M	3.48M	4.1M	5.26M
Order Backlog	3.3B	2.4B	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	294M	274M	558M	605M	321M
Depreciation & Amortization - CF	727M	542M	520M	684M	838M
Amortization of Goodwill and Intangible Assets - (CF)	-48.66K	-36.17K	5.52M	-	-
Depreciation & Amortization, Total	726M	542M	525M	684M	838M
Amortization of Deferred Charges, Total - (CF)	45.47M	26.34M	4.87M	16.31M	31.85M
(Gain) Loss From Sale Of Asset	-	-4.42M	-1.63M	6.14M	-3.79M
(Gain) Loss on Sale of Investments - (CF)	-	-	47.31K	-	-
Asset Writedown & Restructuring Costs	-	-	-	8.27M	105M
Provision and Write-off of Bad Debts	-	-	-	620K	1.16M
Other Operating Activities, Total	-15.91M	1.37M	229M	275M	50.2M
Change In Accounts Receivable	500M	-191M	-156M	-267M	289M
Change In Inventories	9.38M	14.6M	-39.42M	-113M	-31M
Change In Accounts Payable	-123M	-26.91M	122M	145M	149M
Cash from Operations	1.44B	635M	1.24B	1.36B	1.75B
Capital Expenditure	-486M	-248M	-1.75B	-1.85B	-1.86B
Sale of Property, Plant, and Equipment	-	19.56M	3.63M	4.45M	22.78M
Sale (Purchase) of Intangible assets	-	-150K	-	-	-50.61M
Investment in Marketable and Equity Securities, Total	-	-	-1B	1B	-
Other Investing Activities, Total	-	-	21.38M	53.04M	23.91M
Cash from Investing	-486M	-228M	-2.72B	-789M	-1.86B
Long-Term Debt Issued, Total	-	-	2.5B	500M	-
Total Debt Issued	-	-	2.5B	500M	-
Long-Term Debt Repaid, Total	-511M	-635M	-1.39B	-64.76M	-167M
Total Debt Repaid	-511M	-635M	-1.39B	-64.76M	-167M
Issuance of Common Stock	-	-	881M	-	-
Common Dividends Paid	-19.95M	-	-21.67M	-225M	-345M
Common & Preferred Stock Dividends Paid	-19.95M	-	-21.67M	-225M	-345M
Other Financing Activities, Total	-	-	-69.48M	-178M	-228M
Cash from Financing	-531M	-635M	1.9B	32.56M	-740M
Net Change in Cash	418M	-228M	420M	603M	-854M
Supplemental Items
Cash Interest Paid	66.89M	42.47M	69.48M	178M	228M
Levered Free Cash Flow	861M	363M	-828M	-935M	-476M
Unlevered Free Cash Flow	891M	380M	-771M	-837M	-333M
Change In Net Working Capital	-355M	168M	-60.89M	191M	-354M
Net Debt Issued / Repaid	-511M	-635M	1.11B	435M	-167M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.5	3.37	4.81	4.95	3.33
Return on Total Capital	4.13	3.95	5.57	5.73	3.9
Return On Equity %	7.8	6.75	11.4	10.47	5.4
Return on Common Equity	7.8	6.75	11.4	10.47	5.4
Margin Analysis
Gross Profit Margin %	20.65	21.32	29.64	28.07	21
SG&A Margin	4.89	4.79	6.64	5.21	5.38
EBITDA Margin %	44.48	41.04	42	40.81	36.93
EBITA Margin %	15.79	16.52	23.1	23.05	15.63
EBIT Margin %	15.79	16.53	22.9	23.05	15.63
Income From Continuing Operations Margin %	11.61	12.44	20.63	17.39	8.88
Net Income Margin %	11.61	12.44	20.63	17.39	8.88
Net Avail. For Common Margin %	11.61	12.44	20.63	17.39	8.88
Normalized Net Income Margin	8.34	9.29	12.77	12.37	6.18
Levered Free Cash Flow Margin	34.01	16.5	-30.64	-26.89	-13.14
Unlevered Free Cash Flow Margin	35.17	17.26	-28.53	-24.08	-9.2
Asset Turnover
Asset Turnover	0.35	0.33	0.34	0.34	0.34
Fixed Assets Turnover	0.45	0.41	0.45	0.48	0.43
Receivables Turnover (Average Receivables)	3.55	3.97	3.91	3.97	4.31
Inventory Turnover (Average Inventory)	12.36	11.49	12.04	11.06	9.72
Short Term Liquidity
Current Ratio	1.18	1.24	3.52	2.57	1.3
Quick Ratio	0.99	1.05	3.21	2.24	0.98
Operating Cash Flow to Current Liabilities	1.25	0.62	1.53	1.25	1.35
Days Sales Outstanding (Average Receivables)	103.08	91.92	93.37	91.86	84.89
Days Outstanding Inventory (Average Inventory)	29.61	31.78	30.31	33.01	37.66
Average Days Payable Outstanding	40.92	34.53	30.09	29.19	27.69
Cash Conversion Cycle (Average Days)	91.77	89.17	93.59	95.68	94.86
Long Term Solvency
Total Debt/Equity	51.68	32.99	48.79	53.5	50.9
Total Debt / Total Capital	34.07	24.81	32.79	34.85	33.73
LT Debt/Equity	35.26	19.93	46.82	49.54	45.07
Long-Term Debt / Total Capital	23.24	14.99	31.47	32.28	29.87
Total Liabilities / Total Assets	43.64	35.94	41.49	44.22	43.63
EBIT / Interest Expense	8.5	13.58	6.78	5.11	2.48
EBITDA / Interest Expense	23.95	33.83	12.53	9.47	6.14
(EBITDA - Capex) / Interest Expense	13.61	24.58	-6.63	-2.31	-2
Total Debt / EBITDA	1.8	1.53	2.38	2.15	2.15
Net Debt / EBITDA	1.23	1.07	0.78	1.18	1.74
Total Debt / (EBITDA - Capex)	3.16	2.1	-4.51	-8.82	-6.62
Net Debt / (EBITDA - Capex)	2.16	1.48	-1.48	-4.85	-5.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.01	-13.17	22.95	28.59	4.09
Gross Profit, 1 Yr. Growth %	-6.28	-10.36	68.51	21.77	-22.13
EBITDA, 1 Yr. Growth %	10.78	-19.88	25.04	24.94	-5.81
EBITA, 1 Yr. Growth %	0.09	-9.13	69.2	28.28	-29.42
EBIT, 1 Yr. Growth %	0.1	-9.13	70.37	29.42	-29.42
Earnings From Cont. Operations, 1 Yr. Growth %	27.63	-6.97	103.86	8.41	-46.85
Net Income, 1 Yr. Growth %	27.63	-6.97	103.86	8.41	-46.85
Normalized Net Income, 1 Yr. Growth %	13.21	-3.36	69.03	24.56	-47.96
Diluted EPS Before Extra, 1 Yr. Growth %	4.42K	-6.97	100.28	-0.81	-46.85
Accounts Receivable, 1 Yr. Growth %	-50.76	35.3	17.19	34.47	-32.72
Inventory, 1 Yr. Growth %	-5.58	-9.24	20.38	62.13	10.34
Net Property, Plant and Equip., 1 Yr. Growth %	-4.14	-5.5	27.17	17.64	11.51
Total Assets, 1 Yr. Growth %	-5.25	-5.73	45.99	11.85	-1.42
Tangible Book Value, 1 Yr. Growth %	8.07	7.31	33.53	6.65	-1.24
Common Equity, 1 Yr. Growth %	7.87	7.15	33.35	6.65	-0.39
Cash From Operations, 1 Yr. Growth %	80.72	-55.77	83.7	9.49	28.64
Capital Expenditures, 1 Yr. Growth %	-14.38	-49.08	606.44	5.57	0.7
Levered Free Cash Flow, 1 Yr. Growth %	441.87	-57.88	-328.35	12.81	-49.12
Unlevered Free Cash Flow, 1 Yr. Growth %	308.04	-57.39	-303.25	8.45	-60.22
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	0
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.59	-11.61	3.32	25.74	15.7
Gross Profit, 2 Yr. CAGR %	-4.54	-8.34	23.78	43.24	-2.63
EBITDA, 2 Yr. CAGR %	5.12	-5.79	0.41	24.99	8.48
EBITA, 2 Yr. CAGR %	-6	-4.63	24.99	47.32	-4.85
EBIT, 2 Yr. CAGR %	-5.99	-4.62	24.43	48.49	-4.42
Earnings From Cont. Operations, 2 Yr. CAGR %	78.22	8.96	37.71	48.66	-24.09
Net Income, 2 Yr. CAGR %	78.22	8.96	37.71	48.66	-24.09
Normalized Net Income, 2 Yr. CAGR %	-6.49	4.6	27.81	45.1	-19.49
Diluted EPS Before Extra, 2 Yr. CAGR %	960.81	548.59	-77.07	40.94	-27.39
Accounts Receivable, 2 Yr. CAGR %	-24.81	-18.38	25.92	25.53	-4.89
Inventory, 2 Yr. CAGR %	-1.5	-7.43	4.52	39.7	33.75
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.71	-4.82	9.62	22.31	14.53
Total Assets, 2 Yr. CAGR %	-1.7	-5.49	17.31	27.79	5.01
Tangible Book Value, 2 Yr. CAGR %	6.77	7.69	19.7	19.33	2.63
Common Equity, 2 Yr. CAGR %	6.62	7.51	19.53	19.25	3.07
Cash From Operations, 2 Yr. CAGR %	20.7	-10.6	-6.99	41.82	18.68
Capital Expenditures, 2 Yr. CAGR %	-51.15	-33.97	89.66	173.09	3.11
Levered Free Cash Flow, 2 Yr. CAGR %	-	51.08	-1.92	60.54	-24.24
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	31.86	-6.94	48.51	-34.32
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-44.76	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-3.59	-1.33	11.14	18.06
Gross Profit, 3 Yr. CAGR %	-	-6.52	12.82	23.1	16.9
EBITDA, 3 Yr. CAGR %	-	-3.98	3.75	8	13.74
EBITA, 3 Yr. CAGR %	-	-7.05	16.07	26.07	15.28
EBIT, 3 Yr. CAGR %	-	-7.05	15.72	26.07	15.89
Earnings From Cont. Operations, 3 Yr. CAGR %	-	43.5	34.27	27.16	5.51
Net Income, 3 Yr. CAGR %	-	43.5	34.27	27.16	5.51
Normalized Net Income, 3 Yr. CAGR %	-	-5.46	22.74	26.72	3.09
Diluted EPS Before Extra, 3 Yr. CAGR %	-	371.31	33.48	-62.64	1.83
Accounts Receivable, 3 Yr. CAGR %	-	-8.55	-7.92	28.71	1.97
Inventory, 3 Yr. CAGR %	-	-4.15	1.04	20.99	29.14
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-3.65	4.83	12.23	18.6
Total Assets, 3 Yr. CAGR %	-	-3.06	9.25	15.46	17.2
Tangible Book Value, 3 Yr. CAGR %	-	6.95	15.69	15.18	12.04
Common Equity, 3 Yr. CAGR %	-	6.79	15.51	15.07	12.31
Cash From Operations, 3 Yr. CAGR %	-	-13.63	16.06	-1.79	37.28
Capital Expenditures, 3 Yr. CAGR %	-	-50.47	45.49	56.01	95.83
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	73.38	2.78	9.45
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	52.32	-2.05	-4.27
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-32.67
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	7.22	5.16
Gross Profit, 5 Yr. CAGR %	-	-	-	11.2	6.36
EBITDA, 5 Yr. CAGR %	-	-	-	6.84	5.62
EBITA, 5 Yr. CAGR %	-	-	-	12.11	7.2
EBIT, 5 Yr. CAGR %	-	-	-	12.11	7.2
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	45.54	6.88
Net Income, 5 Yr. CAGR %	-	-	-	45.54	6.88
Normalized Net Income, 5 Yr. CAGR %	-	-	-	12.21	3.69
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	42.47	4.62
Accounts Receivable, 5 Yr. CAGR %	-	-	-	3.81	-6.72
Inventory, 5 Yr. CAGR %	-	-	-	11.44	13.04
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	6	8.61
Total Assets, 5 Yr. CAGR %	-	-	-	8.27	7.53
Tangible Book Value, 5 Yr. CAGR %	-	-	-	11.74	10.28
Common Equity, 5 Yr. CAGR %	-	-	-	11.61	10.36
Cash From Operations, 5 Yr. CAGR %	-	-	-	6.65	17.1
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-1.95	26.77
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	24.51
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	8.81