Noble Corporation plc (NE)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 247,303 | 360,794 | 476,206 | 194,138 | 365,032 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 940,362 | 641,680 | 667,098 | 248,394 | 218,351 |
| Cash ratio | 0.26 | 0.56 | 0.71 | 0.78 | 1.67 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($247,303K
+ $—K)
÷ $940,362K
= 0.26
Peer comparison
Dec 31, 2024