Noble Corporation plc Working Capital to Net Assets Ratio
Noble Corporation plc working capital to net assets ratio. Noble Corporation plc (NE) has a Working Capital to Net Assets ratio of 15.6% as of March 2026. Working capital of $715.36 Million (current assets of $1.43 Billion minus current liabilities of $719.41 Million) is measured against net assets of $4.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Noble Corporation plc (NE) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Noble Corporation plc (2002–2025)
Working capital to net assets ratio of Noble Corporation plc from 2002 to 2025. This chart shows how Noble Corporation plc's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 15.6%, reflecting working capital of $715.36 Million against net assets of $4.59 Billion USD. See operational self-sufficiency of Noble Corporation plc to measure how many days the company can operate on defensive assets alone.
Noble Corporation plc Working Capital to Net Assets Ratio by Year (2002–2025)
Noble Corporation plc working capital to net assets ratio by year from 2002 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Noble Corporation plc from 2002 to 2025, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NE asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 11.3% | $512.55 Million | $4.55 Billion | $1.27 Billion | $759.73 Million | ▲ +1.6 pp |
| 2024 | 9.6% | $448.50 Million | $4.65 Billion | $1.39 Billion | $940.36 Million | ▼ -1.1 pp |
| 2023 | 10.7% | $420.07 Million | $3.92 Billion | $1.06 Billion | $641.68 Million | ▲ +0.0 pp |
| 2022 | 10.7% | $384.69 Million | $3.61 Billion | $1.05 Billion | $667.10 Million | ▼ -3.1 pp |
| 2021 | 13.8% | $207.25 Million | $1.50 Billion | $455.65 Million | $248.39 Million | ▲ +137.1 pp |
| 2020 | -123.3% | $383.93 Million | $-311.39 Million | $602.28 Million | $218.35 Million | ▼ -120.7 pp |
| 2019 | -2.6% | $-94.82 Million | $3.66 Billion | $422.11 Million | $516.93 Million | ▼ -8.9 pp |
| 2018 | 6.3% | $293.60 Million | $4.65 Billion | $659.06 Million | $365.46 Million | ▼ -1.2 pp |
| 2017 | 7.5% | $445.95 Million | $5.95 Billion | $1.04 Billion | $593.02 Million | ▼ -1.2 pp |
| 2016 | 8.6% | $559.32 Million | $6.47 Billion | $1.19 Billion | $633.29 Million | ▲ +3.6 pp |
| 2015 | 5.1% | $377.03 Million | $7.42 Billion | $1.24 Billion | $863.58 Million | ▲ +1.5 pp |
| 2014 | 3.6% | $259.89 Million | $7.29 Billion | $928.56 Million | $668.67 Million | ▼ -0.2 pp |
| 2013 | 3.7% | $339.02 Million | $9.05 Billion | $1.39 Billion | $1.05 Billion | ▼ -0.9 pp |
| 2012 | 4.6% | $393.88 Million | $8.49 Billion | $1.31 Billion | $911.45 Million | ▲ +1.8 pp |
| 2011 | 2.9% | $232.43 Million | $8.10 Billion | $1.06 Billion | $827.18 Million | ▲ +1.4 pp |
| 2010 | 1.5% | $110.35 Million | $7.29 Billion | $830.73 Million | $720.38 Million | ▼ -13.9 pp |
| 2009 | 15.5% | $1.05 Billion | $6.79 Billion | $1.48 Billion | $433.95 Million | ▲ +4.8 pp |
| 2008 | 10.6% | $561.35 Million | $5.29 Billion | $1.24 Billion | $678.99 Million | ▲ +2.1 pp |
| 2007 | 8.5% | $367.42 Million | $4.30 Billion | $860.19 Million | $492.77 Million | ▲ +4.1 pp |
| 2006 | 4.5% | $143.72 Million | $3.22 Billion | $569.98 Million | $426.26 Million | ▼ -5.2 pp |
| 2005 | 9.7% | $263.12 Million | $2.72 Billion | $522.46 Million | $259.33 Million | ▲ +0.8 pp |
| 2004 | 8.9% | $211.12 Million | $2.38 Billion | $425.28 Million | $214.17 Million | ▲ +0.7 pp |
| 2003 | 8.2% | $177.94 Million | $2.17 Billion | $421.96 Million | $244.02 Million | ▼ -1.1 pp |
| 2002 | 9.3% | $184.98 Million | $1.98 Billion | $465.64 Million | $280.66 Million | — |