Noble Corporation plc (NE)

Quick ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash US$ in thousands 247,303 360,794 476,206 194,138 365,032
Short-term investments US$ in thousands
Receivables US$ in thousands 796,961 588,689 479,971 216,482 189,317
Total current liabilities US$ in thousands 940,362 641,680 667,098 248,394 218,351
Quick ratio 1.11 1.48 1.43 1.65 2.54

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($247,303K + $—K + $796,961K) ÷ $940,362K
= 1.11


Peer comparison

Dec 31, 2024

Company name
Symbol
Quick ratio
Noble Corporation plc
NE
1.11
Helmerich and Payne Inc
HP
1.26