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ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Debt-to-Revenue : 0.65 (As of Mar. 2024)


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What is ADNOC Drilling Company PJSC Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

ADNOC Drilling Company PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ260 Mil. ADNOC Drilling Company PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ8,247 Mil. ADNOC Drilling Company PJSC's annualized Revenue for the quarter that ended in Mar. 2024 was د.إ13,015 Mil. ADNOC Drilling Company PJSC's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.65.


ADNOC Drilling Company PJSC Debt-to-Revenue Historical Data

The historical data trend for ADNOC Drilling Company PJSC's Debt-to-Revenue 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.

ADNOC Drilling Company PJSC Debt-to-Revenue Chart

ADNOC Drilling Company PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.74 0.73 0.68 0.58 0.71

ADNOC Drilling Company PJSC Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.53 0.71 0.65 0.65

Competitive Comparison of ADNOC Drilling Company PJSC's Debt-to-Revenue

For the Oil & Gas Drilling subindustry, ADNOC Drilling Company PJSC's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


ADNOC Drilling Company PJSC's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Drilling Company PJSC's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where ADNOC Drilling Company PJSC's Debt-to-Revenue falls into.



ADNOC Drilling Company PJSC Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

ADNOC Drilling Company PJSC's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(135.288 + 7877.292) / 11227.896
=0.71

ADNOC Drilling Company PJSC's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(259.788 + 8247.34) / 13015.12
=0.65

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


ADNOC Drilling Company PJSC Debt-to-Revenue Related Terms

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ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Business Description

Traded in Other Exchanges
N/A
Address
P.O Box 4017, Abu Dhabi, ARE
ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore Jack-up, Offshore Island, and OilField Service, with maximum revenue from Onshore segment.

ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Headlines

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