NMDC Group PJSC

NMDC Group PJSC Quick Ratio

Delisted·Apr 6, 2026

The Quick Ratio (Acid Test) of NMDC Group PJSC (NMDC.AD) as of Nov 3, 2026 is 1.23. In the previous year, Quick Ratio (Acid Test) was 1.37 — a change of -10.23% (lower).

Quick Ratio

1.23

YoY

-10.23%

Last updated:

Quick Ratio (Acid Test) of NMDC Group PJSC is 2024 1.23 . Quick Ratio (Acid Test) of NMDC Group PJSC was 2023 1.37 . It decreases by -10.23% lower compared to the previous year.

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NMDC Group PJSC Stock analysis

What does NMDC Group PJSC do? National Marine Dredging Co. generates revenue through dredging, reclamation, and marine construction services. The Dredging and Reclamation division handles dredging, reclamation, survey work, design of construction environment management plans, compliance monitoring, and progress reporting. The Civil Works division provides rock revetment for shore protection, armor unit installations, quay wall installations, jetty installations, soil improvement, geotechnical investigations, numerical modeling, and infrastructure installations. Projects such as Mangroves, Suwa Island, Al Bahr Palace Channel, Sir Baniyas Island, Mussafah Channel Project, and Zukum Project are key revenue drivers. Clients include government entities and private developers seeking marine infrastructure development. The company serves clients in the public and private sectors requiring marine construction and dredging solutions. Dredging and reclamation projects focus on coastal and port development, while Civil Works division supports shoreline protection and infrastructure projects. The Mangroves and Suwa Island projects demonstrate the company’s expertise in environmental and recreational marine developments. Al Bahr Palace Channel and Sir Baniyas Island projects highlight large-scale infrastructure and real estate developments. Mussafah Channel Project and Zukum Project represent ongoing marine construction and reclamation efforts. Revenue streams are derived from project-based contracts across various sectors including coastal development, port expansion, and environmental protection. The Dredging and Reclamation division’s services are essential for maintaining and expanding port facilities, while Civil Works division supports long-term shoreline stability and infrastructure. Key projects like Sir Baniyas Island and Mussafah Channel Project are significant for the company’s portfolio and revenue generation. NMDC Group PJSC is one of the most popular companies on Eulerpool.

Frequently Asked Questions about NMDC Group PJSC stock

Quick Ratio (Acid Test) of NMDC Group PJSC is 1.23 in 2024.

Quick Ratio (Acid Test) of NMDC Group PJSC changed from 1.37 to 1.23, representing a -10.23% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) NMDC Group PJSC since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s NMDC Group PJSC with sector peers and the industry average to assess whether it is attractive.

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Leverage — NMDC Group PJSC

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