Noble Finance Company
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services through its fleet of mobile offshore drilling units. It operates drilling rigs, such as floaters and jackups. Noble Corporation plc was founded in 1921 and is headquartered in Houston, Texas.
Noble Finance Company - Asset Resilience Ratio
Noble Finance Company (NBLWF) has an Asset Resilience Ratio of 1.77% as of December 2011. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2023)
This chart shows how Noble Finance Company's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Noble Finance Company's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $239.20 Million | 1.77% |
| Total Liquid Assets | $239.20 Million | 1.77% |
Asset Resilience Insights
- Limited Liquidity: Noble Finance Company maintains only 1.77% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Noble Finance Company Industry Peers by Asset Resilience Ratio
Compare Noble Finance Company's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
| No industry peers found with asset resilience data. | ||
Annual Asset Resilience Ratio for Noble Finance Company (2002–2023)
The table below shows the annual Asset Resilience Ratio data for Noble Finance Company.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -0.13% | $-7.00 Million | $5.51 Billion | -1.15pp |
| 2005-12-31 | 1.02% | $44.46 Million | $4.35 Billion | -2.99pp |
| 2004-12-31 | 4.01% | $132.79 Million | $3.31 Billion | +0.93pp |
| 2003-12-31 | 3.08% | $98.38 Million | $3.19 Billion | +0.70pp |
| 2002-12-31 | 2.38% | $72.96 Million | $3.07 Billion | -- |