Ades Holding Co (SAU:2382) Probability of Financial Distress (%)

View and export this data going back to 2023. Start your Free Trial

What is Ades Holding Co Probability of Financial Distress (%)?

Ades Holding Co does not have enough data to calculate Probability of Financial Distress (%).

Ades Holding Co Probability of Financial Distress (%) Historical Data

The historical data trend for Ades Holding Co's Probability of Financial Distress (%) 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.

* Premium members only.

Ades Holding Co Probability of Financial Distress (%) Chart

Ades Holding Co Annual Data

Trend

Dec23

Probability of Financial Distress (%)

Ades Holding Co Quarterly Data
	Mar23	Dec23	Mar24
Probability of Financial Distress (%)	-	-	-

Competitive Comparison of Ades Holding Co's Probability of Financial Distress (%)

For the Oil & Gas Drilling subindustry, Ades Holding Co's Probability of Financial Distress (%), along with its competitors' market caps and Probability of Financial Distress (%) 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's Probability of Financial Distress (%) Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ades Holding Co's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Ades Holding Co's Probability of Financial Distress (%) falls into.

Ades Holding Co (SAU:2382) Probability of Financial Distress (%) Explanation

Like the Altman Z-Score, the PFD measures a company's bankruptcy risk in the upcoming year. However, the main drawback of the Z-score is it does not apply to banks and insurance companies. According to Investopedia, the concept of "working capital" does not apply to banks and insurance companies, as financial institutions do not have typical current assets or current liabilities like inventories or accounts payable.

Ades Holding Co Probability of Financial Distress (%) Related Terms

Thank you for viewing the detailed overview of Ades Holding Co's Probability of Financial Distress (%) provided by GuruFocus.com. Please click on the following links to see related term pages.

Ades Holding Co (SAU:2382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ades Holding Co (SAU:2382) » Definitions » Probability of Financial Distress (%)

Comparable Companies

Traded in Other Exchanges

N/A

Address

7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203

Website

https://www.adesgroup.com

Ades Holding Co is a company whose main purpose is oil and gas drilling and production services providing in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

Ades Holding Co (SAU:2382) Headlines

No Headlines