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Noble Corp PLC (NYSE:NE)
Cash Flow from Operations
$1,098 Mil (TTM As of Mar. 2017)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Mar. 2017, Noble Corp PLC's Net Income From Continuing Operations was $-284 Mil. Its DDA was $136 Mil. Its Change In Working Capital was $15 Mil. Its cash flow from deferred tax was $268 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $7 Mil. In all, Noble Corp PLC's Cash Flow from Operations for the three months ended in Mar. 2017 was $142 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Noble Corp PLC's Cash Flow from Operations for the fiscal year that ended in Dec. 2016 is calculated as:

Noble Corp PLC's Cash Flow from Operations for the quarter that ended in Mar. 2017 is

Noble Corp PLC Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2017 was 689.119 (Jun. 2016 ) + 101.118 (Sep. 2016 ) + 165.607 (Dec. 2016 ) + 141.873 (Mar. 2017 ) = $1,098 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Noble Corp PLC's net income from continuing operations for the three months ended in Mar. 2017 was $-284 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Noble Corp PLC's depreciation, depletion and amortization for the three months ended in Mar. 2017 was $136 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Noble Corp PLC's change in working capital for the three months ended in Mar. 2017 was $15 Mil. It means Noble Corp PLC's working capital increased by $15 Mil from Dec. 2016 to Mar. 2017 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Noble Corp PLC's cash flow from deferred tax for the three months ended in Mar. 2017 was $268 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Noble Corp PLC's cash flow from discontinued operations for the three months ended in Mar. 2017 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Noble Corp PLC's stock based compensation for the three months ended in Mar. 2017 was $0 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Noble Corp PLC's cash flow from others for the three months ended in Mar. 2017 was $7 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Noble Corp PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
NetIncomeFromContinuingOperations 1,2061,5611,67977336455685083583-858
CF_DDA 293357408540659759879864634611
ChangeInWorkingCapital -148-68-38330-21031-635112489
CF_DeferredTax 215137-41-82-20-16-11-36-190
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 036383532364446390
Cash Flow from Others 43-48130-212087454181,476
Cash Flow from Operations 1,4141,8882,1371,6377401,3821,7021,7781,7621,128

Noble Corp PLC Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
NetIncomeFromContinuingOperations -595198178344-138124345-44-1,283-284
CF_DDA 167154159161160150151155155136
ChangeInWorkingCapital 9815602920-90257-35-4215
CF_DeferredTax -34-10-7-5940-23-7818-107268
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 011100000000
Cash Flow from Others 7540-09427111481,4437
Cash Flow from Operations 390369399484510172689101166142
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