Arabian Drilling Co (SAU:2381) Long-Term Debt : ﷼2,862 Mil (As of Mar. 2024)

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What is Arabian Drilling Co Long-Term Debt?

Arabian Drilling Co's Long-Term Debt for the quarter that ended in Mar. 2024 was ﷼2,862 Mil.

Arabian Drilling Co's quarterly Long-Term Debt increased from Sep. 2023 (﷼2,409 Mil) to Dec. 2023 (﷼2,886 Mil) but then declined from Dec. 2023 (﷼2,886 Mil) to Mar. 2024 (﷼2,862 Mil).

Arabian Drilling Co's annual Long-Term Debt increased from Dec. 2021 (﷼836 Mil) to Dec. 2022 (﷼2,481 Mil) and increased from Dec. 2022 (﷼2,481 Mil) to Dec. 2023 (﷼2,886 Mil).

Arabian Drilling Co Long-Term Debt Historical Data

The historical data trend for Arabian Drilling Co's Long-Term Debt 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.

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Arabian Drilling Co Long-Term Debt Chart

Arabian Drilling Co Annual Data

Trend

Dec21

Dec22

Dec23

Long-Term Debt

835.62

2,481.14

2,885.63

Arabian Drilling Co Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Debt	Get a 7-Day Free Trial						2,457.24	2,433.37	2,409.49	2,885.63	2,861.76

Arabian Drilling Co (SAU:2381) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Arabian Drilling Co Long-Term Debt Related Terms

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Arabian Drilling Co (SAU:2381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Drilling Co (SAU:2381) » Definitions » Long-Term Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 4110, Al-Khobar, SAU, 31952

Website

https://www.arabdrill.com

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 Provision of drilling and related services through off-shore rigs. Majority of revenue is generated from Provision of drilling and related services through land rigs.

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