Noble Depreciation And Amortization from 2010 to 2024

NE Stock  USD 34.32  1.09  3.08%   
Noble Plc's Depreciation And Amortization is decreasing over the years with slightly volatile fluctuation. Depreciation And Amortization is expected to dwindle to about 289 M. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1989-06-30
Previous Quarter
90.8 M
Current Value
109.9 M
Quarterly Volatility
64.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Noble Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noble Plc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 289 M, Interest Expense of 57 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0292 or PTB Ratio of 1.78. Noble financial statements analysis is a perfect complement when working with Noble Plc Valuation or Volatility modules.
  
Check out the analysis of Noble Plc Correlation against competitors.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.

Latest Noble Plc's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Noble plc over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Noble Plc's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Noble Plc's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Noble Depreciation And Amortization Regression Statistics

Arithmetic Mean475,771,374
Geometric Mean368,660,957
Coefficient Of Variation55.86
Mean Deviation217,860,134
Median486,530,000
Standard Deviation265,760,668
Sample Variance70628.7T
Range844.7M
R-Value(0.51)
Mean Square Error56304.8T
R-Squared0.26
Significance0.05
Slope(30,286,699)
Total Sum of Squares988802.3T

Noble Depreciation And Amortization History

2024289 M
2023301.3 M
2022146.9 M
2021110.2 M
2020374.1 M
2019440.2 M
2018486.5 M

About Noble Plc Financial Statements

Noble Plc stakeholders use historical fundamental indicators, such as Noble Plc's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Noble Plc investors may analyze each financial statement separately, they are all interrelated. For example, changes in Noble Plc's assets and liabilities are reflected in the revenues and expenses on Noble Plc'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 plc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization301.3 M289 M

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Check out the analysis of Noble Plc Correlation against competitors.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.
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Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Noble Plc. If investors know Noble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Noble Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.63)
Dividend Share
1.7
Earnings Share
3.4
Revenue Per Share
18.385
Quarterly Revenue Growth
0.138
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.