Arabian Drilling Co (SAU:2381) Short-Term Capital Lease Obligation : ﷼68 Mil (As of Mar. 2024)

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What is Arabian Drilling Co Short-Term Capital Lease Obligation?

Arabian Drilling Co's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼68 Mil.

Arabian Drilling Co's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 (﷼66 Mil) to Dec. 2023 (﷼67 Mil) and increased from Dec. 2023 (﷼67 Mil) to Mar. 2024 (﷼68 Mil).

Arabian Drilling Co's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (﷼2 Mil) to Dec. 2022 (﷼64 Mil) and increased from Dec. 2022 (﷼64 Mil) to Dec. 2023 (﷼67 Mil).

Arabian Drilling Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for Arabian Drilling Co's Short-Term Capital Lease Obligation 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 Short-Term Capital Lease Obligation Chart

Arabian Drilling Co Annual Data

Trend

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

1.85

63.81

67.17

Arabian Drilling Co Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial						64.20	65.59	66.33	67.17	67.82

Arabian Drilling Co Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

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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 » Short-Term Capital Lease Obligation

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.

Arabian Drilling Co (SAU:2381) Headlines

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