Noble Corporation plc (NE)

Interest coverage

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 586,545 571,382 234,223 -75,530 -4,074,210
Interest expense US$ in thousands 94,211 59,139 42,722 31,964 164,653
Interest coverage 6.23 9.66 5.48 -2.36 -24.74

December 31, 2024 calculation

Interest coverage = EBIT ÷ Interest expense
= $586,545K ÷ $94,211K
= 6.23


Peer comparison

Dec 31, 2024

Company name
Symbol
Interest coverage
Noble Corporation plc
NE
6.23
Helmerich and Payne Inc
HP
0.31