Noble (NE-WTA) Debt Ratio (2021 - 2026)
Noble (NE-WTA) reported Debt Ratio of 0.26 for Q1 2026, up 2.49% on a YoY basis from 0.25 in Q1 2025, and down 2.29% quarter-over-quarter from 0.26 in Q4 2025.
Noble (NE-WTA) Debt Ratio (2021 - 2026) Analysis & Trends
Noble has reported Debt Ratio for 6 years, with the latest figure at 0.26 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 2.49% year-over-year to 0.26; the trailing twelve-month figure through Mar 2026 stood at 0.26 (up 2.49% YoY), and the FY2025 full-year result was 0.26, up 5.54% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.26, down from 0.26 in the prior quarter.
- The five-year high for Debt Ratio was 0.26 in Q4 2025, with the low at 0.1 in Q1 2023.
- Historically, Debt Ratio has averaged 0.18 across 5 years, with a median of 0.18 in 2022.
- Annual changes were most pronounced in 2023 — Debt Ratio plunged 38.94% — and 2024, when it jumped 133.58%.
- Noble's Debt Ratio stood at 0.13 in 2022, then dropped by 17.18% to 0.11 in 2023, then soared by 133.58% to 0.25 in 2024, then rose by 5.54% to 0.26 in 2025, then fell by 2.29% to 0.26 in 2026.
- The last three Debt Ratio figures came in at 0.26 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 0.24 |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 0.26 |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 0.35 |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | 0.23 |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | 0.32 |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | 0.15 |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | 0.55 |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 0.61 |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | 0.48 |
| 10 | Noble | - | - | 755.58 Mn | 0.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.13 |
| Sep 30, 2022 | 0.18 |
| Dec 31, 2021 | 0.10 |