Noble Corporation plc (NE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Noble Corporation plc (NE) has a cash flow conversion efficiency ratio of 0.060x as of March 2026. 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 ($273.29 Million) by net assets ($4.59 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Noble Corporation plc balance sheet independence to measure how much of total assets are equity-financed.
Noble Corporation plc - Cash Flow Conversion Efficiency Trend (2002–2025)
This chart illustrates how Noble Corporation plc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NE cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
FRAPORT AG ADR 2/1 O.N.
F:FRAS
|
0.058x |
|
Getinge AB ser. B
ST:GETI-B
|
0.036x |
|
DB Insurance Co Ltd
KO:005830
|
-0.197x |
|
Huaibei Mining Holdings Co Ltd
SHG:600985
|
0.038x |
|
Ampol Ltd
AU:ALD
|
-0.021x |
|
Rayonier Inc
NYSE:RYN
|
0.116x |
|
Halyk Bank of Kazakhstan Joint Stock Company
IL:HSBK
|
-0.113x |
|
Lottomatica Group SpA
NYSE:LOTMY
|
0.362x |
Annual Cash Flow Conversion Efficiency for Noble Corporation plc (2002–2025)
The table below shows the annual cash flow conversion efficiency of Noble Corporation plc from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see Noble Corporation plc market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $4.55 Billion | $951.68 Million | 0.209x | +48.46% |
| 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 | -- |
About Noble Corporation plc
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It provides contract drilling services through its fleet of mobile offshore drilling units. The company also operates drilling rigs, such as floaters and jackups. It serves its fleets in Africa, the Far East Asia, the North Sea, the Oceania, South America, and the United States Gulf of Americ… Read more