Noble (STU:85V1) Interest Expense : €-106 Mil (TTM As of Dec. 2024)

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What is Noble Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Noble's interest expense for the three months ended in Dec. 2024 was € -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-106 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Noble's Operating Income for the three months ended in Dec. 2024 was € 183 Mil. Noble's Interest Expense for the three months ended in Dec. 2024 was € -44 Mil. Noble's Interest Coverage for the quarter that ended in Dec. 2024 was 4.11. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Noble Interest Expense Historical Data

The historical data trend for Noble's Interest Expense 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 Interest Expense Chart

Noble Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

-135.35

-40.33

-54.23

-106.63

Noble Quarterly Data
	Dec20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial									-13.39	-20.50	-18.75	-22.48	-44.44

Noble Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-106 Mil.

Noble (STU:85V1) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Noble's Interest Expense for the three months ended in Dec. 2024 was €-44 Mil. Its Operating Income for the three months ended in Dec. 2024 was €183 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €1,891 Mil.

Noble's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	182.649	/	-44.438
	=	4.11

The higher the ratio, the stronger the company's financial strength is.

Noble Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp PLC (STU:85V1) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NE:USA 85V1:Germany

Address

2101 City West Boulevard, Suite 600, Houston, TX, USA, 77042

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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