Noble Corporation plc (NE) - Total Assets
Based on the latest financial reports, Noble Corporation plc (NE) holds total assets worth $7.48 Billion USD as of March 2026. 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. Check cash flow reinvestment rate of Noble Corporation plc to assess the company's total reinvestment commitment from operating cash flow.
Noble Corporation plc - Total Assets Trend (2002–2025)
This chart illustrates how Noble Corporation plc's total assets have evolved over time, based on quarterly financial data. Check how high is Noble Corporation plc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Noble Corporation plc - Asset Composition Analysis
Current Asset Composition (December 2025)
Noble Corporation plc's total assets of $7.48 Billion consist of 16.9% current assets and 83.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $471.40 Million | 6.3% |
| Accounts Receivable | $668.42 Million | 8.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $5.40 Billion | 71.8% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2025)
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. For live market cap, price, and company overview, see Noble Corporation plc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Noble Corporation plc's current assets represent 16.9% of total assets in 2025, an increase from 15.2% in 2002.
- Cash Position: Cash and equivalents constituted 6.3% of total assets in 2025, 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 71.8% 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 |
|---|---|---|
|
Odfjell Drilling Ltd
OL:ODL
|
Norway | Nkr2.67 Billion |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$374.09 Million |
|
WESTERN ENERGY SRV. NEW
F:W1T
|
Germany | €374.09 Million |
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.75 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.68 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$472.82 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$128.21 Million |
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 | 1.99 | 1.57 | 1.72 |
| Quick Ratio | 1.99 | 1.57 | 1.72 |
| Cash Ratio | 0.00 | 0.33 | 0.59 |
| Working Capital | $715.36 Million | $523.24 Million | $195.69 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 | 1.62 |
| Latest Market Cap to Assets Ratio | 0.92 |
| Asset Growth Rate (YoY) | -5.5% |
| Total Assets | $7.53 Billion |
| Market Capitalization | $6.94 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Noble Corporation plc's assets close to their book value (0.92x), suggesting investors view the company's assets at approximately fair value.
Significant Asset Reduction: Noble Corporation plc's assets decreased by 5.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Noble Corporation plc (2002–2025)
The table below shows the annual total assets of Noble Corporation plc from 2002 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $7.53 Billion | -5.46% |
| 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 | -- |
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