Noble Corporation plc (NE) — Financial Flexibility Index
Noble Corporation plc (NE) has a Financial Flexibility Index of 0.13x as of March 2026. Free cash flow of $377.14 Million (operating CF $273.29 Million minus capex $103.85 Million) represents 0% of total liabilities ($2.89 Billion). Check NE cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Noble Corporation plc Financial Flexibility Index (2002–2025)
Historical Financial Flexibility Index trend for Noble Corporation plc across 24 annual periods. For the full cash flow conversion analysis, see NE cash flow conversion.
Annual Financial Flexibility Index for Noble Corporation plc (2002–2025)
Year-by-year free cash flow to debt coverage for Noble Corporation plc. Explore Noble Corporation plc (NE) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.49x | $1.47 Billion | $951.68 Million | $2.98 Billion | ▲ +32.9% |
| 2024 | 0.37x | $1.23 Billion | $655.48 Million | $3.31 Billion | ▼ -40.1% |
| 2023 | 0.62x | $983.92 Million | $574.34 Million | $1.59 Billion | ▲ +121.8% |
| 2022 | 0.28x | $455.30 Million | $280.99 Million | $1.63 Billion | ▼ -8.6% |
| 2021 | 0.31x | $175.21 Million | $6.17 Million | $572.82 Million | ▲ +231.6% |
| 2020 | 0.09x | $422.08 Million | $273.20 Million | $4.58 Billion | ▼ -6.3% |
| 2019 | 0.10x | $455.55 Million | $186.77 Million | $4.63 Billion | ▲ +23.8% |
| 2018 | 0.08x | $366.63 Million | $171.85 Million | $4.61 Billion | ▼ -37.0% |
| 2017 | 0.13x | $611.87 Million | $453.90 Million | $4.84 Billion | ▼ -65.5% |
| 2016 | 0.37x | $1.82 Billion | $1.13 Billion | $4.97 Billion | ▼ -9.3% |
| 2015 | 0.40x | $2.20 Billion | $1.76 Billion | $5.44 Billion | ▼ -37.6% |
| 2014 | 0.65x | $3.89 Billion | $1.78 Billion | $6.00 Billion | ▲ +10.8% |
| 2013 | 0.58x | $4.19 Billion | $1.70 Billion | $7.17 Billion | ▲ +17.2% |
| 2012 | 0.50x | $3.05 Billion | $1.38 Billion | $6.12 Billion | ▼ -20.8% |
| 2011 | 0.63x | $3.40 Billion | $758.98 Million | $5.40 Billion | ▼ -15.7% |
| 2010 | 0.75x | $2.94 Billion | $1.65 Billion | $3.93 Billion | ▼ -66.9% |
| 2009 | 2.26x | $3.63 Billion | $2.14 Billion | $1.61 Billion | ▲ +31.4% |
| 2008 | 1.72x | $3.12 Billion | $1.89 Billion | $1.82 Billion | ▲ +0.0% |
| 2007 | 1.72x | $2.70 Billion | $1.41 Billion | $1.57 Billion | ▲ +11.0% |
| 2006 | 1.55x | $2.11 Billion | $988.72 Million | $1.36 Billion | ▲ +234.4% |
| 2005 | 0.46x | $750.82 Million | $529.01 Million | $1.62 Billion | ▼ -27.3% |
| 2004 | 0.64x | $593.26 Million | $332.22 Million | $932.07 Million | ▼ -3.7% |
| 2003 | 0.66x | $672.44 Million | $365.31 Million | $1.02 Billion | ▲ +0.3% |
| 2002 | 0.66x | $713.42 Million | $445.36 Million | $1.08 Billion | — |