Transocean Ltd.

NYSE RIG

Transocean Ltd. Interest Coverage Ratio for the year ending December 31, 2023: -0.46

Transocean Ltd. Interest Coverage Ratio is -0.46 for the year ending December 31, 2023, a -25,518.42% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Transocean Ltd. Interest Coverage Ratio for the year ending December 31, 2022 was -0.00, a 96.54% change year over year.
  • Transocean Ltd. Interest Coverage Ratio for the year ending December 31, 2021 was -0.05, a -116.08% change year over year.
  • Transocean Ltd. Interest Coverage Ratio for the year ending December 31, 2020 was 0.32, a 139.26% change year over year.
  • Transocean Ltd. Interest Coverage Ratio for the year ending December 31, 2019 was -0.82, a 56.24% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
SV Wall Street
NYSE: RIG

Transocean Ltd.

CEO Mr. Jeremy D. Thigpen
IPO Date May 28, 1993
Location Switzerland
Headquarters Turmstrasse 30
Employees 5,430
Sector Energy
Industries
Offshore Drilling Drilling
Description

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

StockViz Staff

February 12, 2025

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