Noble Interest Expense from 2010 to 2025

NE Stock  USD 22.62  0.07  0.31%   
Noble Plc's Interest Expense is decreasing over the years with very volatile fluctuation. Interest Expense is expected to dwindle to about 58.1 M. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2009-03-31
Previous Quarter
26.8 M
Current Value
40.5 M
Quarterly Volatility
26.7 M
 
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 265.3 M, Interest Expense of 58.1 M or Total Revenue of 3.2 B, as well as many indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0325 or PTB Ratio of 1.05. Noble financial statements analysis is a perfect complement when working with Noble Plc Valuation or Volatility modules.
  
Build AI portfolio with Noble Stock
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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Noble plc over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Noble Plc's Interest Expense 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.
Interest Expense10 Years Trend
Very volatile
   Interest Expense   
       Timeline  

Noble Interest Expense Regression Statistics

Arithmetic Mean134,972,413
Geometric Mean0.00
Coefficient Of Variation73.45
Mean Deviation85,103,639
Median106,300,000
Standard Deviation99,131,033
Sample Variance9827T
Range297.6M
R-Value(0.03)
Mean Square Error10519.3T
R-Squared0.0009
Significance0.91
Slope(627,431)
Total Sum of Squares147404.4T

Noble Interest Expense History

202558.1 M
202494.2 M
202359.1 M
202242.7 M
202132 M
2020164.7 M
2019279.4 M

About Noble Plc Financial Statements

Noble Plc stakeholders use historical fundamental indicators, such as Noble Plc's Interest Expense, 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
Interest Expense94.2 M58.1 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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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
0.015
Dividend Share
1.9
Earnings Share
2.97
Revenue Per Share
20.515
Quarterly Revenue Growth
0.359
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.