Noble (FRA:85V1) Debt-to-Revenue : 0.23 (As of Mar. 2024)

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What is Noble Debt-to-Revenue?

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

Noble's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Noble's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €540 Mil. Noble's annualized Revenue for the quarter that ended in Mar. 2024 was €2,344 Mil. Noble's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.23.

Noble Debt-to-Revenue Historical Data

The historical data trend for Noble'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.

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Noble Debt-to-Revenue Chart

Noble Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

N/A

0.48

0.23

Noble Quarterly Data
	Dec20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial						0.21	0.23	0.21	0.23	0.23

Competitive Comparison of Noble's Debt-to-Revenue

For the Oil & Gas Drilling subindustry, Noble'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.

Noble's Debt-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Noble's Debt-to-Revenue falls into.

Noble Debt-to-Revenue Calculation

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

Noble'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
	=	(0	+	537.548)	/	2374.13
	=	0.23

Noble'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
	=	(0	+	539.692)	/	2344.468
	=	0.23

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.

Noble Debt-to-Revenue Related Terms

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Noble (FRA:85V1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp PLC (FRA:85V1) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

NE:USA NOBLE:Denmark 85V1:Germany

Address

13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478

Website

https://www.noblecorp.com

Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.

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