Noble Other Stockholder Equity vs Short Long Term Debt Total Analysis

NE Stock  USD 33.47  0.04  0.12%   
Noble Plc financial indicator trend analysis is infinitely more than just investigating Noble plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Noble plc is a good investment. Please check the relationship between Noble Plc Other Stockholder Equity and its Short Long Term Debt Total accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.

Other Stockholder Equity vs Short Long Term Debt Total

Other Stockholder Equity vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Noble plc Other Stockholder Equity account and Short Long Term Debt Total. At this time, the significance of the direction appears to have pay attention.
The correlation between Noble Plc's Other Stockholder Equity and Short Long Term Debt Total is -0.76. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Noble plc, assuming nothing else is changed. The correlation between historical values of Noble Plc's Other Stockholder Equity and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Noble plc are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Other Stockholder Equity i.e., Noble Plc's Other Stockholder Equity and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Other Stockholder Equity

Short Long Term Debt Total

Most indicators from Noble Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Noble plc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.At present, Noble Plc's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 8.02, whereas Selling General Administrative is forecasted to decline to about 106.2 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses68.2M82.2M128.4M170.5M
Cost Of Revenue855.1M1.1B1.8B931.6M

Noble Plc fundamental ratios Correlations

0.770.880.520.470.550.790.720.640.180.120.78-0.160.060.380.26-0.470.880.160.35-0.480.880.780.430.450.26
0.770.80.840.850.941.00.90.940.470.01.0-0.06-0.040.760.43-0.280.820.180.72-0.470.870.980.750.80.43
0.880.80.610.490.580.830.860.80.090.010.82-0.44-0.030.410.26-0.471.00.520.39-0.760.990.820.410.650.26
0.520.840.610.790.820.840.760.780.59-0.430.84-0.15-0.460.880.45-0.160.650.10.66-0.340.70.830.580.580.45
0.470.850.490.790.920.820.670.770.740.010.830.13-0.030.910.42-0.290.51-0.030.87-0.10.60.80.890.780.42
0.550.940.580.820.920.920.820.90.620.00.930.12-0.030.820.46-0.210.60.040.79-0.280.660.920.810.80.46
0.791.00.830.840.820.920.920.940.44-0.031.0-0.1-0.060.730.42-0.280.840.210.69-0.50.880.990.710.790.42
0.720.90.860.760.670.820.920.950.24-0.10.91-0.3-0.140.560.31-0.370.860.440.51-0.670.880.920.490.750.31
0.640.940.80.780.770.90.940.950.39-0.040.94-0.18-0.060.660.47-0.310.80.390.64-0.650.840.950.640.860.47
0.180.470.090.590.740.620.440.240.39-0.250.450.43-0.290.830.57-0.290.15-0.320.80.180.230.460.650.390.57
0.120.00.01-0.430.010.0-0.03-0.1-0.04-0.25-0.030.111.0-0.27-0.16-0.15-0.03-0.04-0.090.11-0.03-0.030.350.16-0.16
0.781.00.820.840.830.931.00.910.940.45-0.03-0.08-0.060.740.43-0.280.830.20.69-0.490.880.990.710.790.43
-0.16-0.06-0.44-0.150.130.12-0.1-0.3-0.180.430.11-0.080.120.10.20.28-0.42-0.70.110.52-0.38-0.070.17-0.070.2
0.06-0.04-0.03-0.46-0.03-0.03-0.06-0.14-0.06-0.291.0-0.060.12-0.3-0.17-0.07-0.08-0.04-0.120.12-0.07-0.070.320.14-0.17
0.380.760.410.880.910.820.730.560.660.83-0.270.740.1-0.30.42-0.240.46-0.120.88-0.040.540.70.810.630.42
0.260.430.260.450.420.460.420.310.470.57-0.160.430.2-0.170.42-0.130.30.150.37-0.410.330.530.320.411.0
-0.47-0.28-0.47-0.16-0.29-0.21-0.28-0.37-0.31-0.29-0.15-0.280.28-0.07-0.24-0.13-0.47-0.26-0.310.24-0.47-0.3-0.29-0.29-0.13
0.880.821.00.650.510.60.840.860.80.15-0.030.83-0.42-0.080.460.3-0.470.50.43-0.740.990.830.430.650.3
0.160.180.520.1-0.030.040.210.440.39-0.32-0.040.2-0.7-0.04-0.120.15-0.260.50.01-0.770.460.24-0.120.440.15
0.350.720.390.660.870.790.690.510.640.8-0.090.690.11-0.120.880.37-0.310.430.01-0.020.50.640.820.730.37
-0.48-0.47-0.76-0.34-0.1-0.28-0.5-0.67-0.650.180.11-0.490.520.12-0.04-0.410.24-0.74-0.77-0.02-0.7-0.550.0-0.49-0.41
0.880.870.990.70.60.660.880.880.840.23-0.030.88-0.38-0.070.540.33-0.470.990.460.5-0.70.870.510.70.33
0.780.980.820.830.80.920.990.920.950.46-0.030.99-0.07-0.070.70.53-0.30.830.240.64-0.550.870.670.780.53
0.430.750.410.580.890.810.710.490.640.650.350.710.170.320.810.32-0.290.43-0.120.820.00.510.670.740.32
0.450.80.650.580.780.80.790.750.860.390.160.79-0.070.140.630.41-0.290.650.440.73-0.490.70.780.740.41
0.260.430.260.450.420.460.420.310.470.57-0.160.430.2-0.170.421.0-0.130.30.150.37-0.410.330.530.320.41
Click cells to compare fundamentals

Noble Plc Account Relationship Matchups

Noble Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding248.9M250.8M60.2M97.6M145.2M188.9M
Total Assets8.3B4.3B2.1B5.2B5.5B8.9B
Short Long Term Debt Total3.9B4.0B219.9M672.8M611.9M581.3M
Other Current Liab305.4M84.4M105.7M135.9M190.1M277.0M
Total Current Liabilities516.9M218.4M248.4M667.1M641.7M597.9M
Total Stockholder Equity3.7B(311.4M)1.5B3.6B3.9B5.0B
Property Plant And Equipment Net7.8B3.6B1.5B4.0B4.1B7.7B
Net Debt3.8B(358.1M)21.9M196.6M244.1M231.9M
Retained Earnings2.9B(1.1B)102.0M255.9M541.2M514.1M
Accounts Payable108.2M95.2M120.4M290.7M395.2M225.2M
Cash105.9M365.0M194.1M476.2M360.8M340.2M
Non Current Assets Total7.9B3.7B1.6B4.2B4.4B8.0B
Non Currrent Assets Other85.5M54.8M77.2M141.4M286.7M301.0M
Cash And Short Term Investments105.9M365.0M194.1M476.2M360.8M357.7M
Net Receivables279.7M189.3M216.5M480.0M588.7M508.0M
Common Stock Total Equity2.5M2.5M2.5M1K900.0855.0
Liabilities And Stockholders Equity8.3B4.3B2.1B5.2B5.5B8.9B
Non Current Liabilities Total4.1B4.4B324.4M960.7M944.5M897.3M
Other Current Assets36.5M47.9M45.0M158.8M112.3M97.7M
Other Stockholder Equity807.1M814.8M1.4B3.3B3.4B3.5B
Total Liab4.6B4.6B572.8M1.6B1.6B1.5B
Property Plant And Equipment Gross10.0B3.6B1.5B4.2B4.6B8.3B
Total Current Assets422.1M602.3M455.6M1.1B1.1B961.5M
Accumulated Other Comprehensive Income(58.4M)(58.0M)5.4M3.6M3.0M3.2M
Short Term Debt69.1M1.9M3.9M183.5M10.6M10.1M
Common Stock2.5M2.5M2.5M1K900.0855.0
Other Assets95.0M57.9M77.2M106.8M96.2M116.4M
Long Term Debt3.8B4.0B216M513.1M586.2M556.9M
Long Term Debt Total3.9B3.8B4.0B216M194.4M184.7M
Capital Surpluse699.4M807.1M814.8M1.4B1.6B892.0M
Property Plant Equipment7.8B3.6B1.5B4.0B3.6B5.2B
Other Liab302.3M353.1M108.4M423.8M381.4M255.8M
Net Tangible Assets3.7B(311.4M)1.5B3.5B3.2B2.2B
Cash And Equivalents375.2M104.6M343.3M194.1M174.7M320.8M
Net Invested Capital7.5B3.7B1.7B672.8M4.5B4.1B
Non Current Liabilities Other260.9M201.0M95.2M447.6M296.0M293.4M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.