Noble Corporation plc (NE) — Defensive Interval Ratio

Latest as of September 2025: 542 days

Noble Corporation plc (NE) has a Defensive Interval Ratio of 542 days as of September 2025. Defensive assets of $1.16 Billion (cash $477.95 Million, short-term investments $-, receivables $678.29 Million) cover 542 days of daily cash needs of $2.13 Million/day. Check Noble Corporation plc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

542 days
Days of operational coverage

Defensive Assets

$1.16 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$2.13 Million
Current Liabilities ÷ 365

Current Liabilities

$779.27 Million
USD

Noble Corporation plc Defensive Interval Ratio (2002–2024)

This chart shows how Noble Corporation plc's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 542 days, meaning defensive assets of $1.16 Billion can fund 542 days of operations without new revenue. Also explore NE net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Noble Corporation plc (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for Noble Corporation plc from 2002 to 2024, covering 23 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Noble Corporation plc market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 437 days $1.13 Billion $2.58 Million/day $247.30 Million $- ▼ -103 days
2023 540 days $949.48 Million $1.76 Million/day $360.79 Million $- ▲ +17 days
2022 523 days $956.18 Million $1.83 Million/day $476.21 Million $- ▼ -80 days
2021 603 days $410.62 Million $680.53K/day $194.14 Million $- ▼ -287 days
2020 890 days $532.65 Million $598.22K/day $343.33 Million $- ▲ +619 days
2019 271 days $384.35 Million $1.42 Million/day $104.62 Million $- ▼ -350 days
2018 621 days $621.75 Million $1.00 Million/day $375.23 Million $- ▲ +74 days
2017 547 days $888.75 Million $1.62 Million/day $662.83 Million $- ▼ -87 days
2016 634 days $1.10 Billion $1.74 Million/day $725.72 Million $- ▲ +400 days
2015 234 days $554.46 Million $2.37 Million/day $- $- ▼ -135 days
2014 369 days $676.59 Million $1.83 Million/day $- $- ▲ +40 days
2013 329 days $949.07 Million $2.88 Million/day $- $- ▼ -14 days
2012 343 days $856.10 Million $2.50 Million/day $- $- ▲ +51 days
2011 292 days $662.45 Million $2.27 Million/day $- $- ▲ +96 days
2010 196 days $387.41 Million $1.97 Million/day $- $- ▼ -354 days
2009 550 days $654.42 Million $1.19 Million/day $- $- ▲ +197 days
2008 354 days $658.36 Million $1.86 Million/day $- $- ▼ -129 days
2007 483 days $652.18 Million $1.35 Million/day $- $- ▲ +87 days
2006 396 days $462.43 Million $1.17 Million/day $- $- ▼ -129 days
2005 525 days $372.71 Million $710.51K/day $- $44.46 Million ▼ -51 days
2004 576 days $337.81 Million $586.76K/day $- $132.79 Million ▲ +205 days
2003 370 days $247.61 Million $668.56K/day $- $98.38 Million ▲ +61 days
2002 309 days $237.57 Million $768.93K/day $- $72.96 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)