Noble Corporation plc
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 Corporation plc (NE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.061x
Based on the latest financial reports, Noble Corporation plc (NE) has a cash flow conversion efficiency ratio of 0.061x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($277.14 Million) by net assets ($4.53 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Noble Corporation plc - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Noble Corporation plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Noble Corporation plc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Noble Corporation plc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Descartes Systems Group Inc
NASDAQ:DSGX
|
0.047x |
|
Mondi plc
PINK:MNODF
|
0.062x |
|
Venture Global, Inc.
NYSE:VG
|
0.174x |
|
Prosperity Bancshares Inc
NYSE:PB
|
0.026x |
|
Meiji Holdings Co. Ltd
F:3M0
|
0.055x |
|
Ollie's Bargain Outlet Holdings Inc
F:OL6
|
0.003x |
|
Paycom Software, Inc.
NYSE:PAYC
|
0.113x |
|
Pandora A/S
PINK:PNDZF
|
1.004x |
Annual Cash Flow Conversion Efficiency for Noble Corporation plc (2002–2024)
The table below shows the annual cash flow conversion efficiency of Noble Corporation plc from 2002 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $4.65 Billion | $655.48 Million | 0.141x | -3.79% |
| 2023-12-31 | $3.92 Billion | $574.34 Million | 0.146x | +88.03% |
| 2022-12-31 | $3.61 Billion | $280.99 Million | 0.078x | +1795.20% |
| 2021-12-31 | $1.50 Billion | $6.17 Million | 0.004x | +100.47% |
| 2020-12-31 | $-311.39 Million | $273.20 Million | -0.877x | -1818.79% |
| 2019-12-31 | $3.66 Billion | $186.77 Million | 0.051x | +38.25% |
| 2018-12-31 | $4.65 Billion | $171.85 Million | 0.037x | -51.60% |
| 2017-12-31 | $5.95 Billion | $453.90 Million | 0.076x | -56.28% |
| 2016-12-31 | $6.47 Billion | $1.13 Billion | 0.174x | -26.53% |
| 2015-12-31 | $7.42 Billion | $1.76 Billion | 0.237x | -2.70% |
| 2014-12-31 | $7.29 Billion | $1.78 Billion | 0.244x | +29.73% |
| 2013-12-31 | $9.05 Billion | $1.70 Billion | 0.188x | +15.56% |
| 2012-12-31 | $8.49 Billion | $1.38 Billion | 0.163x | +73.67% |
| 2011-12-31 | $8.10 Billion | $758.98 Million | 0.094x | -58.71% |
| 2010-12-31 | $7.29 Billion | $1.65 Billion | 0.227x | -27.88% |
| 2009-12-31 | $6.79 Billion | $2.14 Billion | 0.315x | -11.88% |
| 2008-12-31 | $5.29 Billion | $1.89 Billion | 0.357x | +8.66% |
| 2007-12-31 | $4.30 Billion | $1.41 Billion | 0.329x | +7.11% |
| 2006-12-31 | $3.22 Billion | $988.72 Million | 0.307x | +58.02% |
| 2005-12-31 | $2.72 Billion | $529.01 Million | 0.194x | +38.89% |
| 2004-12-31 | $2.38 Billion | $332.22 Million | 0.140x | -16.86% |
| 2003-12-31 | $2.17 Billion | $365.31 Million | 0.168x | -25.10% |
| 2002-12-31 | $1.98 Billion | $445.36 Million | 0.225x | -- |