Noble Cost Of Revenue from 2010 to 2024

NE Stock  USD 33.47  0.04  0.12%   
Noble Plc's Cost Of Revenue is decreasing over the years with slightly volatile fluctuation. Cost Of Revenue is expected to dwindle to about 931.6 M. During the period from 2010 to 2024 Noble Plc Cost Of Revenue annual values regression line had geometric mean of  1,176,095,252 and mean square error of 565298.9 T. View All Fundamentals
 
Cost Of Revenue  
First Reported
1989-06-30
Previous Quarter
450 M
Current Value
572.3 M
Quarterly Volatility
203.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Noble Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noble Plc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 289 M, Interest Expense of 57 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0292 or PTB Ratio of 1.78. Noble financial statements analysis is a perfect complement when working with Noble Plc Valuation or Volatility modules.
  
Check out the analysis of Noble Plc Correlation against competitors.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.

Latest Noble Plc's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Noble plc over the last few years. Cost of Revenue is found on Noble plc income statement and represents the costs associated with goods and services Noble Plc provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Noble Plc's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Noble Plc's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Noble Cost Of Revenue Regression Statistics

Arithmetic Mean1,477,958,487
Geometric Mean1,176,095,252
Coefficient Of Variation51.19
Mean Deviation578,250,410
Median1,206,914,000
Standard Deviation756,496,619
Sample Variance572287.1T
Range3B
R-Value(0.29)
Mean Square Error565298.9T
R-Squared0.08
Significance0.30
Slope(48,665,557)
Total Sum of Squares8012019.9T

Noble Cost Of Revenue History

2024931.6 M
20231.8 B
20221.1 B
2021855.1 M
2020989.8 M
20191.2 B
20181.2 B

About Noble Plc Financial Statements

Noble Plc stakeholders use historical fundamental indicators, such as Noble Plc's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Noble Plc investors may analyze each financial statement separately, they are all interrelated. For example, changes in Noble Plc's assets and liabilities are reflected in the revenues and expenses on Noble Plc's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Noble plc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue1.8 B931.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Noble Plc Correlation against competitors.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Noble Plc. If investors know Noble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Noble Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Dividend Share
1.7
Earnings Share
3.4
Revenue Per Share
18.385
Quarterly Revenue Growth
0.138
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.