As of June 8, 2025, Noble Holding Corporation PLC (NEBLQ) reports a Current Ratio of 0.82.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Noble Holding Corporation PLC's Current Ratio
Over recent years, Noble Holding Corporation PLC's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2019-12-31 | 0.82 |
| 2018-12-31 | 1.80 |
| 2017-12-31 | 1.75 |
| 2016-12-31 | 1.88 |
| 2015-12-31 | 1.44 |
This fluctuation highlights how Noble Holding Corporation PLC manages its short-term assets and liabilities over time.
Comparing Noble Holding Corporation PLC's Current Ratio to Peers
To better understand Noble Holding Corporation PLC's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Noble Holding Corporation PLC (NEBLQ) | 0.82 |
| Seadrill Partners LLC (SDLPQ) | 6.81 |
| US Silica Holdings Inc (SLCA) | 3.23 |
| Diamond Offshore Drilling Inc (DOFSQ) | 3.10 |
| Superior Energy Services Inc (SPNX) | 3.05 |
| Valaris PLC (VALPQ) | 2.75 |
Compared to its competitors, Noble Holding Corporation PLC's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.