Noble Income Tax Expense from 2010 to 2024

NE Stock  USD 35.41  0.71  2.05%   
Noble Plc's Income Tax Expense is decreasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 56.9 M this year. During the period from 2010 to 2024 Noble Plc Income Tax Expense annual values regression line had coefficient of variation of  616.74 and r-squared of  0.12. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-06-30
Previous Quarter
-5.2 M
Current Value
31.6 M
Quarterly Volatility
45.6 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 Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Noble plc over the last few years. It is Noble Plc's Income Tax Expense 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.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Noble Income Tax Expense Regression Statistics

Arithmetic Mean18,678,526
Coefficient Of Variation616.74
Mean Deviation85,003,087
Median30,341,000
Standard Deviation115,198,152
Sample Variance13270.6T
Range428M
R-Value(0.35)
Mean Square Error12538.5T
R-Squared0.12
Significance0.20
Slope(9,021,456)
Total Sum of Squares185788.6T

Noble Income Tax Expense History

202456.9 M
202330.3 M
202222.6 M
20213.8 M
2020-260.4 M
2019-38.5 M
2018-106.6 M

About Noble Plc Financial Statements

Noble Plc stakeholders use historical fundamental indicators, such as Noble Plc's Income Tax Expense, 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
Income Tax Expense30.3 M56.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.