Transocean Ltd (RIG) - Quick Ratio

Corporate company logo of Transocean Ltd. (RIG)

The operation of an advanced fleet in extreme zones supports positive momentum, which is confirmed by a quick liquidity analysis. The latest value is recorded as 1.29. A leading position in deepwater drilling for oil giants and a shortage of platforms allow Transocean Ltd. (RIG) to significantly increase lease rates, strengthening the company's overall solvency in the current growth cycle.

RIG: Transocean Ltd Intermediate Coverage Ratio 07/04/2022 - 10/29/2026

RIG (deepwater.com): analytical breakdowns and indicator data

- market value and analyst target forecast:
Price Chart Transocean Corp|RIG - Broker Consensus Forecast
- market capitalization indicators:
Market Capitalization Transocean Corp|RIG - Business Value
- balance sheet net asset value indicators:
Accounting Value per Share Transocean|RIG - Accounting Value of Company|Market Capitalization to Book Value Ratio deepwater.com|RIG - Company Balance Sheet Assets
- debt and solvency information:
Total Debt to Capital Transocean Ltd.|RIG - Long-Term Debt to Capital|Short-Term Debt to Equity Transocean|RIG - Company Total Debt Obligations|Debt to Book Value Transocean Corp|RIG - Company Long-Term Loans and Borrowings|Company Short-Term Debt Transocean|Quick Ratio deepwater.com
- earnings and valuation multiples information:
RIG - Company Net Income
Analysis of all company metrics:Transocean Corp, RIG
Flagship merchandise of Transocean

The quick ratio measures a company's ability to meet its immediate obligations using cash and accounts receivable, completely excluding low-liquidity inventories from the calculation. Analyzing this short-term debt coverage ratio without inventories is critical for Transocean Ltd. (RIG), as the high cost of the deepwater fleet and the specifics of contracts with supermajors necessitate strict control over available capital to maintain operational resilience.

Who Transocean Ltd. competes with

slb.com (SLB) - Quick Liquidity|Immediate Liquidity Ratio BKR|HAL (Halliburton Company) - Quick Ratio|Immediate Liquidity Ratio FTI (technipfmc.com)|Quick Liquidity Indicator NE (Noble Corporation)|WFRD (Weatherford International plc) - Intermediate Coverage Ratio|Quick Ratio AROC (Archrock Corp)|Critical Liquidity Valaris Corp|USA Compression Partners, LP - Quick Ratio|TDW - Quick Ratio|Kodiak Gas Services, Inc. (KGS) - Quick Liquidity|PTEN - Interim Coverage Ratio|Quick Liquidity Indicator SDRL|HP: Intermediate Coverage Ratio|Quick Liquidity Liberty Energy Inc. (LBRT)|Interim Coverage Ratio solariswater.com|Quick Ratio XPRO (Expro Group)|Innovex International (INVX) - Immediate Liquidity|WTTR - Quick Liquidity|Intermediate Coverage Ratio RES (RPC Corp)|HLX (Helix Energy Solutions) - Quick Liquidity Indicator|BORR (borrdrilling.com) - Quick Liquidity|PDS (Precision Drilling Corporation) - Quick Ratio|TETRA Technologies Inc (TTI) - Interim Coverage Ratio|Quick Ratio NBR|Quick Liquidity Indicator ProFrac Corp ACDC|Quick Ratio CLB (Core Laboratories Inc.)|propetroservices.com (PUMP) - Immediate Liquidity|MTRX - Quick Liquidity|Interim Coverage Ratio Flotek Industries Inc FTK|RNGR (Ranger Energy Corp) - Quick Liquidity Indicator|TUSK: Intermediate Liquidity Ratio|Quick Liquidity Drilling Tools International, Inc.|OMEX: Intermediate Coverage Ratio|Quick Ratio DWSN|Quick Ratio klxenergy.com (KLXE)|Quick Liquidity Nine Energy Service, Inc NINE|WBI: Immediate Liquidity Ratio|CHX - Quick Liquidity|Interim Coverage Ratio Diamond Offshore Drilling DO|englobal.com (ENG) - Quick Liquidity|Immediate Liquidity Enservco (ENSV)|ICD (Independence Contract Drilling, Inc.) - Quick Ratio|Quick Liquidity Indicator Solaris Oilfield Infrastructure Inc. (SOI)