Noble Corporation (NE)
Noble Corporation Altman Z-Score: 1.985
View NE Altman Z-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
NE Altman Z-Score Rankings
| Overall | 39th percentile | 2162 of 3554 |
| Sector | 41st percentile | 220 of 379 in Basic Materials |
| Industry | 71st percentile | 14 of 49 in Oil & Gas Drilling & Exploration |
NE Altman Z-Score Range, Past 5 Years
| Minimum | 1.911 | Dec 2011 |
| Maximum | 9.371 | Jun 2008 |
| Average | 4.927 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
Learn More
You may also be interested in these NE related companies
NE News
May 29, 8:20AM Marketwire
May 22, 12:45PM Street Insider
about 10 days ago by azendrian
May 04, 11:45AM PR Newswire
about 40 days ago by StewartGlickmanSPCIQ
about 40 days ago by StewartGlickmanSPCIQ
about 41 days ago by TradeBot
about 64 days ago by StewartGlickmanSPCIQ
about 87 days ago by gtlackey
about 93 days ago by SumZero
about 96 days ago by TradeBot
about 98 days ago by MarubozuBrothers
about 101 days ago by gtlackey
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NE | 32.61 | -1.54 | -4.51% | 8.612B |
| NDX | 2559 | +31.92 | +1.26% | |
| NDSN | 53.62 | -0.48 | -0.89% | 3.527B |
| NDAQ | 21.82 | -0.40 | -1.80% | 3.853B |
| NCZ | 7.89 | -0.20 | -2.47% | |
| NCV | 8.73 | -0.16 | -1.80% | |
| NCTY | 4.80 | +0.26 | +5.73% | 105.65M |
| NCT | 6.63 | -0.11 | -1.63% | 708.91M |
| NCS | 9.53 | -0.47 | -4.70% | 204.00M |
| NCO | 16.13 | -0.04 | -0.25% |
