Event-Driven Stocks

Noble Corp

Energy · Drilling Oil & Gas Wells · X0 · SEC filings ↗ · Compare ⊕

Signs3 good4 warningdetails ↓

Financials

SEC XBRL · annual
 FY21FY20FY19FY18FY17FY16
Revenue$77.5M$964.3M$1.31B$1.08B$1.24B$2.30B
Operating income$1.4M−$4.08B−$666.3M−$946.1M−$165.7M−$760.2M
Net income$250.2M−$3.98B−$700.6M−$885.0M−$516.5M−$929.6M
Total assets$1.71B$4.26B$8.28B$9.26B$10.79B$11.44B
Total liabilities$687.2M$4.58B$4.63B$4.61B$4.84B$4.97B
Equity$1.02B−$311.4M$3.66B$4.25B$5.28B$5.76B
EPS (diluted)$0.98$-15.86$-2.81$-3.59$-2.11$-3.82
Shares out.43.5M249.8M248.7M244.8M244.7M243.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2021
Operating margin
1.8%
Net margin
323.0%
Return on equity
24.6%
Return on assets
14.7%
Return on capital (ROCE)
0.1%
Liabilities / assets
40.3%
Debt / equity
0.67×
Book value / share
$23.40
Revenue growth (YoY)
−92.0%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2021
Altman Z″ (distress)
2.26grey zone
Accruals / assets
17.3%high accruals
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
42
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 0Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

4 warning3 good
  • Revenue declined year-over-year
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Conservative leverage (liabilities < 50% of assets)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)