Transocean Cost Of Revenue vs Discontinued Operations Analysis

RIG Stock  USD 5.77  0.04  0.69%   
Transocean financial indicator trend analysis is much more than just breaking down Transocean prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transocean is a good investment. Please check the relationship between Transocean Cost Of Revenue and its Discontinued Operations accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.

Cost Of Revenue vs Discontinued Operations

Cost Of Revenue vs Discontinued Operations Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transocean Cost Of Revenue account and Discontinued Operations. At this time, the significance of the direction appears to have very week relationship.
The correlation between Transocean's Cost Of Revenue and Discontinued Operations is 0.2. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Discontinued Operations in the same time period over historical financial statements of Transocean, assuming nothing else is changed. The correlation between historical values of Transocean's Cost Of Revenue and Discontinued Operations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Transocean are associated (or correlated) with its Discontinued Operations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Discontinued Operations has no effect on the direction of Cost Of Revenue i.e., Transocean's Cost Of Revenue and Discontinued Operations go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Transocean income statement and represents the costs associated with goods and services Transocean provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Discontinued Operations

Most indicators from Transocean's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transocean current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.At this time, Transocean's Discontinued Operations is most likely to decrease significantly in the upcoming years. The Transocean's current Enterprise Value is estimated to increase to about 13.8 B, while Selling General Administrative is projected to decrease to roughly 182 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.8B1.8B102M96.9M
Total Revenue2.6B2.6B2.8B4.7B

Transocean fundamental ratios Correlations

0.970.810.830.970.940.860.560.770.850.990.640.840.820.060.970.90.710.140.970.770.90.650.650.620.53
0.970.80.830.90.910.930.450.740.810.970.710.790.770.110.990.830.770.20.990.740.860.60.60.660.56
0.810.80.970.680.590.560.670.940.920.720.750.90.95-0.30.770.730.83-0.340.880.380.950.840.840.710.79
0.830.830.970.70.630.620.630.920.880.760.770.860.94-0.220.790.750.87-0.310.90.440.930.860.860.820.74
0.970.90.680.70.960.790.560.640.790.970.480.780.710.110.910.890.540.220.880.80.830.550.550.480.37
0.940.910.590.630.960.880.430.560.680.970.470.670.650.220.920.90.510.360.870.890.740.490.490.490.26
0.860.930.560.620.790.880.160.560.530.910.660.510.570.370.930.750.660.430.870.810.610.410.410.530.38
0.560.450.670.630.560.430.160.580.770.450.140.770.76-0.740.430.630.4-0.550.520.110.770.730.730.490.52
0.770.740.940.920.640.560.560.580.780.70.720.760.94-0.190.730.750.79-0.350.830.40.860.880.880.570.78
0.850.810.920.880.790.680.530.770.780.760.581.00.85-0.340.790.720.7-0.220.860.40.980.710.710.650.69
0.990.970.720.760.970.970.910.450.70.760.620.750.740.190.970.890.670.270.950.840.820.570.570.570.45
0.640.710.750.770.480.470.660.140.720.580.620.550.630.150.70.430.880.090.760.480.610.490.490.650.74
0.840.790.90.860.780.670.510.770.761.00.750.550.83-0.340.780.710.68-0.210.840.390.970.690.690.620.66
0.820.770.950.940.710.650.570.760.940.850.740.630.83-0.350.750.850.76-0.40.860.420.920.940.940.70.7
0.060.11-0.3-0.220.110.220.37-0.74-0.19-0.340.190.15-0.34-0.350.13-0.04-0.10.780.020.48-0.29-0.43-0.43-0.25-0.4
0.970.990.770.790.910.920.930.430.730.790.970.70.780.750.130.840.750.240.980.770.840.570.570.590.56
0.90.830.730.750.890.90.750.630.750.720.890.430.710.85-0.040.840.54-0.020.850.710.820.750.750.520.34
0.710.770.830.870.540.510.660.40.790.70.670.880.680.76-0.10.750.54-0.140.830.40.740.630.630.760.82
0.140.2-0.34-0.310.220.360.43-0.55-0.35-0.220.270.09-0.21-0.40.780.24-0.02-0.140.070.58-0.23-0.57-0.57-0.25-0.35
0.970.990.880.90.880.870.870.520.830.860.950.760.840.860.020.980.850.830.070.70.910.70.70.70.65
0.770.740.380.440.80.890.810.110.40.40.840.480.390.420.480.770.710.40.580.70.460.280.280.370.09
0.90.860.950.930.830.740.610.770.860.980.820.610.970.92-0.290.840.820.74-0.230.910.460.790.790.670.68
0.650.60.840.860.550.490.410.730.880.710.570.490.690.94-0.430.570.750.63-0.570.70.280.791.00.680.62
0.650.60.840.860.550.490.410.730.880.710.570.490.690.94-0.430.570.750.63-0.570.70.280.791.00.680.62
0.620.660.710.820.480.490.530.490.570.650.570.650.620.7-0.250.590.520.76-0.250.70.370.670.680.680.52
0.530.560.790.740.370.260.380.520.780.690.450.740.660.7-0.40.560.340.82-0.350.650.090.680.620.620.52
Click cells to compare fundamentals

Transocean Account Relationship Matchups

Transocean fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1B21.8B20.7B20.4B20.3B20.0B
Short Long Term Debt Total9.9B8.4B7.2B7.3B7.4B7.2B
Other Current Liab697M509M479M434M539M719.5M
Total Current Liabilities1.7B1.4B1.3B1.6B1.4B2.1B
Total Stockholder Equity11.9B11.4B11.2B10.8B10.4B10.6B
Property Plant And Equipment Net18.8B17.7B17.1B17.5B16.9B13.9B
Net Debt8.1B7.2B6.2B6.7B6.4B5.5B
Retained Earnings(1.3B)(1.9B)(2.5B)(3.1B)(4.0B)(3.8B)
Accounts Payable311M194M228M281M323M423.2M
Cash1.8B1.2B976M683M995M1.4B
Non Current Assets Total20.5B19.1B18.2B18.4B18.1B16.9B
Non Currrent Assets Other826M891M902M836M923M643.8M
Cash And Short Term Investments1.8B1.2B976M683M995M1.5B
Net Receivables654M583M492M485M512M486.4M
Common Stock Shares Outstanding612M615M637M699M768M806.4M
Liabilities And Stockholders Equity24.1B21.8B20.7B20.4B20.3B20.0B
Non Current Liabilities Total10.5B9.0B8.2B8.1B8.4B7.4B
Inventory479M434M392M388M426M344.1M
Other Stockholder Equity13.4B13.5B13.7B14.0B14.5B8.5B
Total Liab12.2B10.4B9.5B9.6B9.8B9.5B
Property Plant And Equipment Gross18.8B17.7B23.2B24.2B23.9B14.6B
Total Current Assets3.6B2.7B2.4B2.0B2.1B3.2B
Accumulated Other Comprehensive Income(324M)(263M)(84M)(185M)(177M)(185.9M)
Short Term Debt616M550M513M719M370M351.5M
Intangible Assets608M393M173M56M4M3.8M
Other Liab1.3B1.7B1.5B1.0B1.2B1.3B
Other Assets846M1.0B966M903M1.0B684.3M
Long Term Debt8.7B7.3B6.7B6.6B7.0B7.9B
Property Plant Equipment18.8B17.7B17.1B17.5B20.1B17.9B
Current Deferred Revenue100M133M83M124M165M162.5M
Net Tangible Assets11.3B11.0B11.0B10.7B9.7B10.6B
Retained Earnings Total Equity(1.3B)(1.9B)(2.5B)(3.1B)(2.8B)(2.6B)
Long Term Debt Total8.7B7.3B6.7B7.0B6.3B6.4B
Capital Surpluse13.4B13.5B13.7B14.0B16.1B10.8B

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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.
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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.