Transocean Net Receivables vs Total Assets Analysis

RIG Stock  USD 6.20  0.30  5.08%   
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 Net Receivables and its Total Assets 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.

Net Receivables vs Total Assets

Net Receivables vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transocean Net Receivables account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Transocean's Net Receivables and Total Assets is 0.82. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Assets in the same time period over historical financial statements of Transocean, assuming nothing else is changed. The correlation between historical values of Transocean's Net Receivables and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Transocean are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Receivables i.e., Transocean's Net Receivables and Total Assets go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Total Assets

Total assets refers to the total amount of Transocean assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Transocean books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
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.