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) - Total Assets
Latest total assets as of September 2025: $7.64 Billion USD
Based on the latest financial reports, Noble Corporation plc (NE) holds total assets worth $7.64 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Noble Corporation plc - Total Assets Trend (2002–2024)
This chart illustrates how Noble Corporation plc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Noble Corporation plc - Asset Composition Analysis
Current Asset Composition (December 2024)
Noble Corporation plc's total assets of $7.64 Billion consist of 17.4% current assets and 82.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $247.30 Million | 3.1% |
| Accounts Receivable | $879.40 Million | 11.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $6.15 Billion | 77.2% |
| Intangible Assets | $214.00K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Noble Corporation plc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Noble Corporation plc's current assets represent 17.4% of total assets in 2024, an increase from 15.2% in 2002.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, down from 6.3% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is property, plant & equipment at 77.2% of total assets.
Noble Corporation plc Competitors by Total Assets
Key competitors of Noble Corporation plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aban Offshore Limited
NSE:ABAN
|
India | ₹16.43 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
|
Daldrup & Söhne Aktiengesellschaft
F:4DS
|
Germany | €37.46 Million |
|
Velesto Energy Bhd
KLSE:5243
|
Malaysia | RM2.85 Billion |
|
ARCHER
F:8SW
|
Germany | €1.07 Billion |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Agri-Dynamics Inc
PINK:AGDY
|
USA | $144.28K |
|
AKITA Drilling Ltd
PINK:AKTAF
|
USA | $258.01 Million |
Noble Corporation plc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Noble Corporation plc generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Noble Corporation plc generates $5.63 in net profit.
Noble Corporation plc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.75 | 1.57 | 2.76 |
| Quick Ratio | 1.75 | 1.57 | 2.76 |
| Cash Ratio | 0.61 | 0.44 | 0.00 |
| Working Capital | $585.19 Million | $ 510.23 Million | $ 383.93 Million |
Noble Corporation plc - Advanced Valuation Insights
This section examines the relationship between Noble Corporation plc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.47 |
| Latest Market Cap to Assets Ratio | 0.75 |
| Asset Growth Rate (YoY) | 44.6% |
| Total Assets | $7.96 Billion |
| Market Capitalization | $5.94 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Noble Corporation plc's assets below their book value (0.75 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Noble Corporation plc's assets grew by 44.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Noble Corporation plc (2002–2024)
The table below shows the annual total assets of Noble Corporation plc from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $7.96 Billion | +44.62% |
| 2023-12-31 | $5.51 Billion | +5.21% |
| 2022-12-31 | $5.23 Billion | +152.47% |
| 2021-12-31 | $2.07 Billion | -51.37% |
| 2020-12-31 | $4.26 Billion | -48.53% |
| 2019-12-31 | $8.28 Billion | -10.58% |
| 2018-12-31 | $9.26 Billion | -14.17% |
| 2017-12-31 | $10.79 Billion | -5.64% |
| 2016-12-31 | $11.44 Billion | -11.08% |
| 2015-12-31 | $12.87 Billion | -3.17% |
| 2014-12-31 | $13.29 Billion | -18.07% |
| 2013-12-31 | $16.22 Billion | +11.02% |
| 2012-12-31 | $14.61 Billion | +8.24% |
| 2011-12-31 | $13.50 Billion | +20.26% |
| 2010-12-31 | $11.22 Billion | +33.64% |
| 2009-12-31 | $8.40 Billion | +18.23% |
| 2008-12-31 | $7.10 Billion | +20.87% |
| 2007-12-31 | $5.88 Billion | +28.13% |
| 2006-12-31 | $4.59 Billion | +5.51% |
| 2005-12-31 | $4.35 Billion | +31.39% |
| 2004-12-31 | $3.31 Billion | +3.71% |
| 2003-12-31 | $3.19 Billion | +4.04% |
| 2002-12-31 | $3.07 Billion | -- |