Noble (NE-WTA) Prepaid Assets (2021 - 2026)

Noble (NE-WTA) reported Prepaid Assets of $117.7 million for Q1 2026, down 63.7% on a YoY basis from $324.1 million in Q1 2025, and down 11.17% quarter-over-quarter from $132.5 million in Q4 2025.

Noble (NE-WTA) Prepaid Assets (2021 - 2026) Analysis & Trends

Noble has reported Prepaid Assets for 6 years, with the latest figure at $117.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Prepaid Assets fell 63.7% year-over-year to $117.7 million; the trailing twelve-month figure through Mar 2026 stood at $117.7 million (down 63.7% YoY), and the FY2025 full-year result was $132.5 million, down 54.04% from the prior year.
  • Prepaid Assets for Q1 2026 stood at $117.7 million, down from $132.5 million in the prior quarter.
  • The five-year high for Prepaid Assets was $324.1 million in Q1 2025, with the low at $41.3 million in Q3 2022.
  • Historically, Prepaid Assets has averaged $137.1 million across 5 years, with a median of $117.7 million in 2026.
  • Annual changes were most pronounced in 2025 — Prepaid Assets jumped 238.23% — and 2026, when it tumbled 63.7%.
  • Noble's Prepaid Assets stood at $72.7 million in 2022, then surged by 54.43% to $112.3 million in 2023, then surged by 156.72% to $288.2 million in 2024, then slumped by 54.04% to $132.5 million in 2025, then slipped by 11.17% to $117.7 million in 2026.
  • The last three Prepaid Assets figures came in at $117.7 million (Q1 2026), $132.5 million (Q4 2025), and $149.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 153.75 Bn 153.69 Bn 120.82 Mn
2 Noble 7.23 Bn 6.56 Bn 755.58 Mn
3 Transocean 6.52 Bn 5.90 Bn 475.00 Mn
4 Patterson Uti Energy 4.41 Bn 4.07 Bn 535.85 Mn
5 Helmerich & Payne 3.80 Bn 3.70 Bn 907.56 Mn
6 Seadrill 2.73 Bn 2.40 Bn 177.00 Mn
7 Sable Offshore 1.70 Bn 1.65 Bn -66.76 Mn
8 Borr Drilling 1.40 Bn 1.16 Bn -
9 Nabors Industries 1.38 Bn 1.26 Bn 290.08 Mn
10 Noble - - 755.58 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 117.66 Mn
Dec 31, 2025 132.46 Mn
Sep 30, 2025 149.29 Mn
Jun 30, 2025 131.40 Mn
Mar 31, 2025 324.10 Mn
Dec 31, 2024 288.21 Mn
Sep 30, 2024 184.76 Mn
Jun 30, 2024 119.40 Mn
Mar 31, 2024 95.82 Mn
Dec 31, 2023 112.27 Mn
Sep 30, 2023 97.51 Mn
Jun 30, 2023 106.09 Mn
Mar 31, 2023 84.31 Mn
Dec 31, 2022 72.70 Mn
Sep 30, 2022 41.27 Mn
Dec 31, 2021 45.03 Mn