Noble (FRA:85V1) Gross-Profit-to-Asset % : 10.46% (As of Mar. 2024)

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What is Noble Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Noble's annualized Gross Profit for the quarter that ended in Mar. 2024 was €526 Mil. Noble's average Total Assets over the quarter that ended in Mar. 2024 was €5,026 Mil. Therefore, Noble's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.46%.

Noble Gross-Profit-to-Asset % Historical Data

The historical data trend for Noble's Gross-Profit-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.

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Noble Gross-Profit-to-Asset % Chart

Noble Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

8.51

13.65

Noble Quarterly Data
	Dec20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial						11.76	13.93	19.21	11.91	10.46

Competitive Comparison of Noble's Gross-Profit-to-Asset %

For the Oil & Gas Drilling subindustry, Noble's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Noble's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Noble's Gross-Profit-to-Asset % falls into.

Noble Gross-Profit-to-Asset % Calculation

Noble's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	682.019	/	( (4941.712	+	5050.32)	/ 2 )
	=	682.019	/	4996.016
	=	13.65 %

Noble's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	525.648	/	( (5050.32	+	5001.259)	/ 2 )
	=	525.648	/	5025.7895
	=	10.46 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Noble Gross-Profit-to-Asset % Related Terms

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Noble (FRA:85V1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp PLC (FRA:85V1) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

NE:USA NOBLE:Denmark 85V1:Germany

Address

13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478

Website

https://www.noblecorp.com

Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and the deployment of its drilling rigs in oil and gas basins around the world.

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