Transocean Balance Sheet Health
Financial Health criteria checks 3/6
Transocean has a total shareholder equity of $10.4B and total debt of $7.4B, which brings its debt-to-equity ratio to 71.2%. Its total assets and total liabilities are $20.3B and $9.8B respectively.
Key information
71.2%
Debt to equity ratio
US$7.41b
Debt
Interest coverage ratio | n/a |
Cash | US$762.00m |
Equity | US$10.42b |
Total liabilities | US$9.84b |
Total assets | US$20.25b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIGG34's short term assets ($2.1B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: RIGG34's short term assets ($2.1B) do not cover its long term liabilities ($8.4B).
Debt to Equity History and Analysis
Debt Level: RIGG34's net debt to equity ratio (63.9%) is considered high.
Reducing Debt: RIGG34's debt to equity ratio has reduced from 72.2% to 71.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RIGG34 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RIGG34 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.