Noble Return On Tangible Equity 2010-2024 | NE
- Noble average return on tangible equity for 2023 was 12.21, a 51.3% decline from 2022.
- Noble average return on tangible equity for 2022 was 8.07, a 104.44% increase from 2021.
- Noble average return on tangible equity for 2021 was -181.87, a 104.3% decline from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.