Transocean Fixed Asset Turnover from 2010 to 2024

RIG Stock  USD 5.57  0.20  3.72%   
Transocean's Fixed Asset Turnover is decreasing over the last several years with slightly volatile swings. Fixed Asset Turnover is predicted to flatten to 0.16. During the period from 2010 to 2024 Transocean Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  62.67 and r-value of (0.84). View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.16716841
Current Value
0.16
Quarterly Volatility
0.18037958
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Transocean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Transocean main balance sheet or income statement drivers, such as Depreciation And Amortization of 719.7 M, Interest Expense of 678.3 M or Total Revenue of 4.7 B, as well as many exotic indicators such as Price To Sales Ratio of 2.72, Dividend Yield of 0.0584 or PTB Ratio of 0.44. Transocean financial statements analysis is a perfect complement when working with Transocean Valuation or Volatility modules.
  
This module can also supplement Transocean's financial leverage analysis and stock options assessment as well as various Transocean Technical models . Check out the analysis of Transocean Correlation against competitors.
For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.

Latest Transocean's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Transocean over the last few years. It is Transocean's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Transocean's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Transocean Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.29
Geometric Mean0.25
Coefficient Of Variation62.67
Mean Deviation0.15
Median0.18
Standard Deviation0.18
Sample Variance0.03
Range0.6241
R-Value(0.84)
Mean Square Error0.01
R-Squared0.71
Significance0.000085
Slope(0.03)
Total Sum of Squares0.46

Transocean Fixed Asset Turnover History

2020 0.18
2019 0.16
2018 0.15
2017 0.17
2016 0.2
2015 0.35
2014 0.43

About Transocean Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Transocean income statement, its balance sheet, and the statement of cash flows. Transocean investors use historical funamental indicators, such as Transocean's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Transocean investors may use each financial statement separately, they are all related. The changes in Transocean's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Transocean's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Transocean Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Transocean. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.17  0.16 

Currently Active Assets on Macroaxis

When determining whether Transocean is a strong investment it is important to analyze Transocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transocean's future performance. For an informed investment choice regarding Transocean Stock, refer to the following important reports:
Check out the analysis of Transocean Correlation against competitors.
For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Transocean Stock analysis

When running Transocean's price analysis, check to measure Transocean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transocean is operating at the current time. Most of Transocean's value examination focuses on studying past and present price action to predict the probability of Transocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transocean's price. Additionally, you may evaluate how the addition of Transocean to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Is Transocean's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Transocean. If investors know Transocean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Transocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.49)
Revenue Per Share
3.726
Quarterly Revenue Growth
0.176
Return On Assets
(0)
Return On Equity
(0.04)
The market value of Transocean is measured differently than its book value, which is the value of Transocean that is recorded on the company's balance sheet. Investors also form their own opinion of Transocean's value that differs from its market value or its book value, called intrinsic value, which is Transocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Transocean's market value can be influenced by many factors that don't directly affect Transocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Transocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.