Noble Corporation plc (NE)
Total asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,057,820 | 2,589,020 | 1,413,850 | 847,806 | 964,272 |
| Total assets | US$ in thousands | 7,964,770 | 5,507,440 | 5,234,860 | 2,073,440 | 4,263,940 |
| Total asset turnover | 0.38 | 0.47 | 0.27 | 0.41 | 0.23 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $3,057,820K ÷ $7,964,770K
= 0.38
Peer comparison
Dec 31, 2024
Company name
Symbol
Total asset turnover
Noble Corporation plc
NE
0.38
Helmerich and Payne Inc
HP
0.56