Noble Energy (Noble Energy) Total Current Assets : $1,003 Mil (As of Jun. 2020)

View and export this data going back to 1980. Start your Free Trial

What is Noble Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Noble Energy's total current assets for the quarter that ended in Jun. 2020 was $1,003 Mil.

Noble Energy Total Current Assets Historical Data

The historical data trend for Noble Energy's Total Current Assets 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.

Noble Energy Total Current Assets Chart

Noble Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Current Assets

Get a 7-Day Free Trial

2,276.00

1,955.00

2,203.00

1,750.00

1,362.00

Noble Energy Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Total Current Assets	Get a 7-Day Free Trial															1,358.00	1,427.00	1,362.00	2,312.00	1,003.00

Noble Energy Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Noble Energy's Total Current Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	484	+	730	+	59	+	89
	=	1,362

Noble Energy's Total Current Assets for the quarter that ended in Jun. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	324	+	465	+	68	+	146
	=	1,003

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Noble Energy (NAS:NBL) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Noble Energy's Liquidation Value for the quarter that ended in Jun. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	324	-	11237	+	0.75 * 270	+	0.5 * 68
=	-10,677

Noble Energy Total Current Assets Related Terms

Thank you for viewing the detailed overview of Noble Energy's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Noble Energy (Noble Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Energy Inc (NAS:NBL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Noble Energy Way, Houston, TX, USA, 77070

Website

https://www.nblenergy.com

Noble Energy is an independent oil and gas producer with key assets in the U.S., Israel, and West Africa. At the end of 2019, the company reported net proven reserves of 2.05 billion barrels of oil equivalent. Net production averaged 361 thousand barrels of oil equivalent per day in 2019, at a ratio of 57% oil and natural gas liquids and 43% natural gas.

Executives

Christine M Michel	officer: SVP, HR & Administration	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Rachel G Clingman	officer: SVP, General Counsel/Corp Sec	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Thomas Hodge Walker	officer: Sr. VP U.S. Onshore	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
J. Keith Elliott	officer: Sr. VP Offshore	NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Dustin A. Hatley	officer: VP, Chief Accounting Officer	NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Scott D Urban	director	NOBLE ENERGY, INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
James E Craddock	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Van Kleef William T	director
David L Stover	director, officer: CEO & Director	NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Jeffrey L Berenson	director	C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Barbara J Duganier	director	6 CARLTON PARK COURT, HOUSTON TX 77024-7316
Robin H Fielder	officer: SVP, Midstream	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Brent J Smolik	officer: President & COO	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
John T. Lewis	officer: Sr. VP Corporate Development	NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Kenneth M. Fisher	officer: Exec. VP & CFO	C/O CHAMPIONX CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4 FL12, THE WOODLANDS TX 77381