Noble Corporation plc (NE) — Working Capital to Net Assets Ratio
Noble Corporation plc (NE) has a Working Capital to Net Assets ratio of 12.9% as of September 2025. Working capital of $585.19 Million (current assets of $1.36 Billion minus current liabilities of $779.27 Million) is measured against net assets of $4.53 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Noble Corporation plc balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Noble Corporation plc Working Capital to Net Assets (2002–2024)
This chart shows how Noble Corporation plc's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 12.9%, reflecting working capital of $585.19 Million against net assets of $4.53 Billion USD. Check Noble Corporation plc tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Noble Corporation plc (2002–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Noble Corporation plc from 2002 to 2024, covering 23 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 live market cap and the full company profile, see how much is Noble Corporation plc worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |