Transocean Common Stock Shares Outstanding vs Total Assets Analysis
RIG Stock | USD 6.00 0.04 0.66% |
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 Common Stock Shares Outstanding 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.
Common Stock Shares Outstanding vs Total Assets
Common Stock Shares Outstanding vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transocean Common Stock Shares Outstanding account and Total Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between Transocean's Common Stock Shares Outstanding and Total Assets is 0.06. Overlapping area represents the amount of variation of Common Stock Shares Outstanding 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 Common Stock Shares Outstanding 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 Common Stock Shares Outstanding 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 Common Stock Shares Outstanding i.e., Transocean's Common Stock Shares Outstanding and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.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 Profit | 1.8B | 1.8B | 102M | 96.9M | Total Revenue | 2.6B | 2.6B | 2.8B | 4.7B |
Transocean fundamental ratios Correlations
Click cells to compare fundamentals
Transocean Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Transocean fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 24.1B | 21.8B | 20.7B | 20.4B | 20.3B | 20.0B | |
Short Long Term Debt Total | 9.9B | 8.4B | 7.2B | 7.3B | 7.4B | 7.2B | |
Other Current Liab | 697M | 509M | 479M | 434M | 539M | 719.5M | |
Total Current Liabilities | 1.7B | 1.4B | 1.3B | 1.6B | 1.4B | 2.1B | |
Total Stockholder Equity | 11.9B | 11.4B | 11.2B | 10.8B | 10.4B | 10.6B | |
Property Plant And Equipment Net | 18.8B | 17.7B | 17.1B | 17.5B | 16.9B | 13.9B | |
Net Debt | 8.1B | 7.2B | 6.2B | 6.7B | 6.4B | 5.5B | |
Retained Earnings | (1.3B) | (1.9B) | (2.5B) | (3.1B) | (4.0B) | (3.8B) | |
Accounts Payable | 311M | 194M | 228M | 281M | 323M | 423.2M | |
Cash | 1.8B | 1.2B | 976M | 683M | 995M | 1.4B | |
Non Current Assets Total | 20.5B | 19.1B | 18.2B | 18.4B | 18.1B | 16.9B | |
Non Currrent Assets Other | 826M | 891M | 902M | 836M | 923M | 655.1M | |
Cash And Short Term Investments | 1.8B | 1.2B | 976M | 683M | 995M | 1.5B | |
Net Receivables | 654M | 583M | 492M | 485M | 512M | 486.4M | |
Common Stock Shares Outstanding | 612M | 615M | 637M | 699M | 768M | 806.4M | |
Liabilities And Stockholders Equity | 24.1B | 21.8B | 20.7B | 20.4B | 20.3B | 20.0B | |
Non Current Liabilities Total | 10.5B | 9.0B | 8.2B | 8.1B | 8.4B | 7.4B | |
Inventory | 479M | 434M | 392M | 388M | 426M | 344.1M | |
Other Stockholder Equity | 13.4B | 13.5B | 13.7B | 14.0B | 14.5B | 8.5B | |
Total Liab | 12.2B | 10.4B | 9.5B | 9.6B | 9.8B | 9.5B | |
Property Plant And Equipment Gross | 18.8B | 17.7B | 23.2B | 24.2B | 23.9B | 14.6B | |
Total Current Assets | 3.6B | 2.7B | 2.4B | 2.0B | 2.1B | 3.2B | |
Accumulated Other Comprehensive Income | (324M) | (263M) | (84M) | (185M) | (177M) | (185.9M) | |
Short Term Debt | 616M | 550M | 513M | 719M | 370M | 351.5M | |
Intangible Assets | 608M | 393M | 173M | 56M | 4M | 3.8M | |
Other Liab | 1.3B | 1.7B | 1.5B | 1.0B | 1.2B | 1.3B | |
Other Assets | 846M | 1.0B | 966M | 903M | 1.0B | 684.3M | |
Long Term Debt | 8.7B | 7.3B | 6.7B | 6.6B | 7.0B | 7.9B | |
Property Plant Equipment | 18.8B | 17.7B | 17.1B | 17.5B | 20.1B | 17.9B | |
Current Deferred Revenue | 100M | 133M | 83M | 124M | 165M | 162.5M | |
Net Tangible Assets | 11.3B | 11.0B | 11.0B | 10.7B | 9.7B | 10.6B | |
Retained Earnings Total Equity | (1.3B) | (1.9B) | (2.5B) | (3.1B) | (2.8B) | (2.6B) | |
Long Term Debt Total | 8.7B | 7.3B | 6.7B | 7.0B | 6.3B | 6.4B | |
Capital Surpluse | 13.4B | 13.5B | 13.7B | 14.0B | 16.1B | 10.8B |
Transocean Investors Sentiment
The influence of Transocean's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Transocean. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Transocean's public news can be used to forecast risks associated with an investment in Transocean. The trend in average sentiment can be used to explain how an investor holding Transocean can time the market purely based on public headlines and social activities around Transocean. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Transocean's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Transocean's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Transocean's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Transocean.
Transocean Implied Volatility | 170.87 |
Transocean's implied volatility exposes the market's sentiment of Transocean stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Transocean's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Transocean stock will not fluctuate a lot when Transocean's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Transocean in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Transocean's short interest history, or implied volatility extrapolated from Transocean options trading.
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Transaction History View history of all your transactions and understand their impact on performance | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Stocks Directory Find actively traded stocks across global markets | |
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.