Noble Corp PLC (NE)
45.46
-0.59
(-1.28%)
USD |
NYSE |
Apr 25, 11:56
Noble Debt to Equity Ratio: 0.1495 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.1495 |
| September 30, 2023 | 0.1528 |
| June 30, 2023 | 0.1574 |
| Date | Value |
|---|---|
| March 31, 2023 | 0.1406 |
| December 31, 2022 | 0.1865 |
| September 30, 2022 | 0.2805 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1406
Minimum
Mar 2023
0.2805
Maximum
Sep 2022
0.1779
Average
0.1551
Median
Debt to Equity Ratio Benchmarks
| Devon Energy Corp | 0.5103 |
| Helmerich & Payne Inc | 0.1976 |
| Patterson-UTI Energy Inc | 0.2571 |
| Baker Hughes Co | 0.3918 |
| Seadrill Ltd | 0.2038 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 5.507B |
| Total Liabilities (Quarterly) | 1.586B |
| Shareholders Equity (Quarterly) | 3.921B |
| Current Ratio | 1.655 |
| Net Debt Paydown Yield | -0.45% |