This study aims to assess the financial condition of some selected Saudi construction companies. The study adopts the published financial statements of the construction companies listed on Saudi Stock Exchange Market. Traditional financial ratios were employed as assessment tools, necessary financial data concerning the ratios were extracted and saved in Microsoft Excel spreadsheet for the analysis of the financial ratios, and these were compared to the industry’s typical median and range. Subsequently, a null hypothesis test was conducted using SPSS 22, to statistically test that there is no significance difference between the companies’ median and industry median. The analysis reveals that two companies are financially satisfactory and the third company is in financial distress. However, the companies’ financial condition can be enhanced if they are able to manage the companies in such a way that there’s increase in their revenues, reduces general overhead costs and adequate debt management.