Noble Financial Statements From 2010 to 2026
| NBLWF Stock | USD 0 0.08 98.12% |
Check Noble Finance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noble Finance's main balance sheet or income statement drivers, such as , as well as many indicators such as . Noble financial statements analysis is a perfect complement when working with Noble Finance Valuation or Volatility modules.
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Noble Finance Company Return On Equity Analysis
Noble Finance's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Noble Finance Return On Equity | 0.0692 |
Most of Noble Finance's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Noble Finance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Noble Finance has a Return On Equity of 0.0692. This is 103.49% lower than that of the Energy sector and 101.35% lower than that of the Oil & Gas Drilling industry. The return on equity for all United States stocks is 122.32% lower than that of the firm.
Noble Finance Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Noble Finance's current stock value. Our valuation model uses many indicators to compare Noble Finance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Noble Finance competition to find correlations between indicators driving Noble Finance's intrinsic value. More Info.Noble Finance is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Noble Finance is roughly 16.48 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Noble Finance's earnings, one of the primary drivers of an investment's value.About Noble Finance Financial Statements
Noble Finance stakeholders use historical fundamental indicators, such as Noble Finance's revenue or net income, to determine how well the company is positioned to perform in the future. Although Noble Finance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Noble Finance's assets and liabilities are reflected in the revenues and expenses on Noble Finance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Noble Finance. Please read more on our technical analysis and fundamental analysis pages.
Noble Corporation plc, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. Noble Corporation plc was founded in 1921 and is based in Altrincham, the United Kingdom. Nobel Corp operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 1800 people.
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Other Information on Investing in Noble Pink Sheet
Noble Finance financial ratios help investors to determine whether Noble Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Noble with respect to the benefits of owning Noble Finance security.