Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Noble's Total Stockholders Equity for the quarter that ended in . 20 was $0.0 Mil. Noble's Total Assets for the quarter that ended in . 20 was $0.0 Mil.
The historical rank and industry rank for Noble's Equity-to-Asset or its related term are showing as below:
NE's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.51 * Ranked among companies with meaningful Equity-to-Asset only.
Noble Equity-to-Asset Historical Data
The historical data trend for Noble's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Noble Equity-to-Asset Chart
Noble Annual Data
Trend
Equity-to-Asset
Noble Quarterly Data
Equity-to-Asset
Competitive Comparison of Noble's Equity-to-Asset
For the Oil & Gas Drilling subindustry, Noble's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Noble's Equity-to-Asset Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Noble's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Noble's Equity-to-Asset falls into.
Noble Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Noble's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Noble (NYSE:NE) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Noble Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Noble's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Noble Corp is an offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 19 mobile offshore drilling units, consisting of 11 floaters and eight jackups focused largely on ultra-deepwater and high-specification jackup drilling opportunities. It operates in a single reportable segment, Contract Drilling Services.
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