Transocean Balance Sheet Health
Financial Health criteria checks 3/6
Transocean has a total shareholder equity of $10.7B and total debt of $7.3B, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are $20.3B and $9.6B respectively.
Key information
68.2%
Debt to equity ratio
US$7.30b
Debt
| Interest coverage ratio | n/a |
| Cash | US$475.00m |
| Equity | US$10.71b |
| Total liabilities | US$9.62b |
| Total assets | US$20.33b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIGN's short term assets ($2.1B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: RIGN's short term assets ($2.1B) do not cover its long term liabilities ($8.0B).
Debt to Equity History and Analysis
Debt Level: RIGN's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: RIGN's debt to equity ratio has reduced from 76.2% to 68.2% 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: RIGN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RIGN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.