Noble annual net debt
2021
2022
2023
2024
2025
Noble Net Debt Growth & History (NE)
Noble's net debt was $1.66B for fiscal 2025.
View full Noble company overviewNoble annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.66B | −$184.1M | −9.96% |
| 2024 | 2024-12-31 | $1.85B | $1.60B | +635.92% |
| 2023 | 2023-12-31 | $251.1M | $20.6M | +8.95% |
| 2022 | 2022-12-31 | $230.5M | $191.5M | +491.65% |
| 2021 | 2021-12-31 | $39.0M | — | — |
Noble quarterly net debt
Q4.21
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.45B | −$187.8M | −11.45% |
| Q1 2026 | 2026-03-31 | $1.29B | −$380.5M | −22.71% |
| Q4 2025 | 2025-12-31 | $1.66B | −$184.1M | −9.96% |
| Q3 2025 | 2025-09-30 | $1.50B | −$218.5M | −12.72% |
| Q2 2025 | 2025-06-30 | $1.64B | $1.18B | +257.11% |
| Q1 2025 | 2025-03-31 | $1.68B | $1.30B | +347.68% |
| Q4 2024 | 2024-12-31 | $1.85B | $1.60B | +635.92% |
| Q3 2024 | 2024-09-30 | $1.72B | $1.38B | +403.65% |
| Q2 2024 | 2024-06-30 | $459.2M | $129.2M | +39.14% |
| Q1 2024 | 2024-03-31 | $374.2M | $39.7M | +11.87% |
| Q4 2023 | 2023-12-31 | $251.1M | $20.6M | +8.95% |
| Q3 2023 | 2023-09-30 | $341.0M | $329.1M | +2769.88% |
| Q2 2023 | 2023-06-30 | $330.0M | — | — |
| Q1 2023 | 2023-03-31 | $334.5M | — | — |
| Q4 2022 | 2022-12-31 | $230.5M | $191.5M | +491.65% |
| Q3 2022 | 2022-09-30 | $11.9M | — | — |
| Q4 2021 | 2021-12-31 | $39.0M | — | — |
Noble net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Noble's net debt increased from $39.0M to $1.66B, a change of $1.62B. The latest reported quarter, Q2 2026, shows $1.45B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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