Noble Corporation plc (NE) - Total Assets
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. See net assets of Noble Corporation plc for net asset value and shareholders' equity analysis.
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.
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. 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 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 |
|---|---|---|
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.80 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.75 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$435.01 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$378.65 Million |
|
Stampede Drilling Inc
V:SDI
|
Canada | CA$131.43 Million |
|
Sinopec Oilfield Service Corp
SHG:600871
|
China | CN¥78.22 Billion |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828
|
China | CN¥1.85 Billion |
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 | 0.84 |
| Asset Growth Rate (YoY) | 44.6% |
| Total Assets | $7.96 Billion |
| Market Capitalization | $6.66 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Noble Corporation plc's assets close to their book value (0.84x), suggesting investors view the company's assets at approximately fair value.
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 | -- |
About 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.