Burgan for Well Drilling Trading and Maintenance KSCP
Burgan for Well Drilling Trading and Maintenance KSCP provides oil-related services and equipment, primarily operating in the oil and gas drilling industry.
Business. Burgan for Well Drilling Trading and Maintenance KSCP is a Kuwaiti company operating in the Oil & Gas Drilling industry, providing oil-related services and equipment. The firm is listed on the Kuwait Stock Exchange under the ticker symbol ABAR.KW. Specific details regarding its operating segments and geographic revenue mix are not disclosed.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Burgan for Well Drilling Trading and Maintenance KSCP is a Kuwaiti company operating in the Oil & Gas Drilling industry, providing oil-related services and equipment. The firm is listed on the Kuwait Stock Exchange under the ticker symbol ABAR.KW. Specific details regarding its operating segments and geographic revenue mix are not disclosed.
Burgan for Well Drilling Trading and Maintenance KSCP has a debt-to-equity ratio of 1.02, indicating a capital structure that is nearly equally split between debt and equity. The company's current ratio of 0.54 suggests a liquidity challenge, as current liabilities exceed current assets. This is further supported by the risk assessment, which identifies liquidity as a medium concern.
In terms of profitability, the company's return on equity (ROE) is 1.42%, and its return on assets (ROA) is 0.54%. These figures are below the typical thresholds for strong performance in the oil and gas drilling industry, suggesting that the company is not generating returns that are significantly above its cost of capital.
The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no geographic diversification provided in the available data. This lack of diversification may expose the company to higher operational and market risks.
The company's growth trajectory is not clearly defined in the available data, as there are no specific revenue growth projections or historical growth rates provided. However, the capital expenditure of -2.796 million KWD indicates a reduction in investment in new projects or equipment, which may signal a conservative approach to growth.
The risk assessment highlights a key flag: the company has negative net cash after subtracting total debt, which could indicate potential liquidity stress. The dilution risk is assessed as low, and no adjustments have been applied to the valuation metrics, suggesting that the company's capital structure is relatively stable.
There are no recent events or filings provided in the available data to indicate any material changes in the company's operations or financial position. The absence of such information limits the ability to assess the company's recent performance or strategic direction.
- The company's capital structure is balanced between debt and equity, but its liquidity position is weak, as indicated by a current ratio of 0.54.
- Profitability metrics such as ROE and ROA are below typical industry benchmarks, suggesting limited returns for shareholders and asset utilization.
- The company's operations are not diversified across segments or geographies, increasing its exposure to market-specific risks.
- The company is not currently investing in new projects or equipment, as indicated by a negative capital expenditure, which may limit future growth.
- The company's liquidity risk is medium, and it has negative net cash after subtracting total debt, which could pose challenges in the short term.
Bull / Bear case
Generated · model-assistedCash conversion ratio of 16.56 is best-in-class, vastly superior to the 1.38 cohort median.
Net income grew at a 10.8% CAGR over four years, showing consistent earnings expansion.
High credit risk flag indicates significant potential for loan losses or counterparty default issues.
Return on equity of 1.4% is below the 4.2% cohort median, indicating poor capital efficiency.
Debt-to-equity ratio of 1.02 exceeds the 0.73 cohort median, suggesting higher financial leverage risk.
In focus — financials by report
Revenue KWD 11.9M; Operating income KWD 2.2M.
- ▍Revenue KWD 11.9M
- ▍Operating income KWD 2.2M
- ▍Net margin 9.1%
Revenue KWD 55.4M, +4,4% YoY; Operating income +12,6% YoY.
- ▍Revenue KWD 55.4M, +4,4% YoY
- ▍Operating income +12,6% YoY
- ▍Net income +5,2% YoY
- ▍Free cash flow +10,4% YoY
- ▍Net margin 5.6%
Revenue KWD 52.9M; Operating income KWD 5.8M.
- ▍Revenue KWD 52.9M
- ▍Operating income KWD 5.8M
- ▍Net margin 4.5%
Valuation FY
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consensus EPS · 26-week trendSell-side observations
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- Net cash is negative after subtracting total debt.
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Burgan for Well Drilling Trading and Maintenance KSCP Market data — financials · 2026-05-27