Company: NE-WTA
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001628280-25-020547
Chunk: 8

Company: Noble Corp plc
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 8
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Item 1. Financial Statements

NOBLE CORPORATION plc AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

March 31, 2025December 31, 2024ASSETSCurrent assetsCash and cash equivalents$303,755 $247,303 Accounts receivable, net756,303 796,961 Taxes receivable59,048 56,389 Prepaid expenses and other current assets 324,099 288,211 Total current assets1,443,205 1,388,864 Intangible assets— 214 Property and equipment, at cost6,955,070 6,904,731 Accumulated depreciation(1,006,622)(868,914)Property and equipment, net5,948,448 6,035,817 Other assets518,308 539,873 Total assets$7,909,961 $7,964,768 LIABILITIES AND EQUITYCurrent liabilitiesAccounts payable$306,972 $397,622 Accrued payroll and related costs93,686 116,877 Taxes payable83,148 78,900 Interest payable75,751 36,075 Other current liabilities360,405 310,888 Total current liabilities919,962 940,362 Long-term debt1,978,771 1,980,186 Deferred income taxes5,217 9,202 Noncurrent contract liabilities916 8,580 Other liabilities347,186 375,052 Total liabilities3,252,052 3,313,382 Commitments and contingencies (Note 10)Shareholders’ equityCommon stock, $0.00001 par value; 158,774,661 and 158,946,711 ordinary shares outstanding as of March 31, 2025, and December 31, 2024, respectively1 1 Additional paid-in capital4,234,188 4,236,172 Retained earnings419,550 411,244 Accumulated other comprehensive income (loss)4,170 3,969 Total shareholders’ equity4,657,909 4,651,386 Total liabilities and equity$7,909,961 $7,964,768 

See accompanying notes to the unaudited condensed consolidated financial statements.

3

NOBLE