Transocean Balance Sheet Health
Financial Health criteria checks 3/6
Transocean has a total shareholder equity of $10.5B and total debt of $7.3B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are $19.9B and $9.4B respectively.
Key information
69.0%
Debt to equity ratio
US$7.27b
Debt
Interest coverage ratio | n/a |
Cash | US$446.00m |
Equity | US$10.52b |
Total liabilities | US$9.42b |
Total assets | US$19.94b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIG N's short term assets ($1.9B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: RIG N's short term assets ($1.9B) do not cover its long term liabilities ($8.0B).
Debt to Equity History and Analysis
Debt Level: RIG N's net debt to equity ratio (64.8%) is considered high.
Reducing Debt: RIG N's debt to equity ratio has reduced from 72.7% to 69% 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: RIG N has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RIG N has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.