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Noble (NE) Debt-to-Asset : 0.11 (As of Dec. 2023)


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What is Noble Debt-to-Asset?

Noble's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Noble's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $586 Mil. Noble's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $5,507 Mil. Noble's debt to asset for the quarter that ended in Dec. 2023 was 0.11.

Noble Debt-to-Asset Historical Data

The historical data trend for Noble's Debt-to-Asset 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 Debt-to-Asset Chart

Noble Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
- 0.10 0.13 0.11

Noble Quarterly Data
Dec20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.10 0.11 0.11 0.11

Competitive Comparison of Noble's Debt-to-Asset

For the Oil & Gas Drilling subindustry, Noble's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Oil & Gas Industry

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

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


Noble Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Noble's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 586.203) / 5507.437
=0.11

Noble's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 586.203) / 5507.437
=0.11

* 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.

Noble  (NYSE:NE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Noble Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Noble's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Noble (NE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp PLC (NYSE:NE) » Definitions » Debt-to-Asset
Comparable Companies
PTEN RIG HP SDRL DO NBR VTDRF ICD ADX:ADNOCDRILL SAU:2382 SAU:2381 SHSE:600871 OSL:BORR OSL:ODL TSX:PD OSL:SHLF STC:PVD XKLS:5243 TSX:ESI SZSE:002828
Traded in Other Exchanges
NOBLE:Denmark 85V1:Germany 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.
Executives
Noble Corp Plc officer: VP & Chief Accounting Officer 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Caroline Alting officer: See Remarks C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Joey M Kawaja officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Blake Denton officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Robert W. Eifler director, officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Richard B. Barker officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Jennie Howard officer: SVP, Gen. Counsel & Corp. Sec. 13135 DAIRY ASHFORD ROAD, SUGAR LAND TX 77478
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mikkel Ipsen officer: See Remarks C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Kristin Holth director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Claus Hemmingsen director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Alastair Maxwell director C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Apmh Invest A/s 10 percent owner ESPLANADEN 50, COPENHAGEN G7 1263
Laura D. Campbell officer: See Remarks 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Charles M Sledge director 1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345