RIG (Transocean) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2024)

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What is Transocean LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Transocean's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.34.

Transocean's long-term debt to total assets ratio declined from Dec. 2023 (0.37) to Dec. 2024 (0.34). It may suggest that Transocean is progressively becoming less dependent on debt to grow their business.

Transocean LT-Debt-to-Total-Asset Historical Data

The historical data trend for Transocean's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Transocean LT-Debt-to-Total-Asset Chart

Transocean Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.36

0.35

0.37

0.34

Transocean Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.37	0.34	0.33	0.33	0.34

Transocean LT-Debt-to-Total-Asset Calculation

Transocean's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	6507	/	19371
	=	0.34

Transocean's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	6507	/	19371
	=	0.34

Transocean (NYSE:RIG) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Transocean LT-Debt-to-Total-Asset Related Terms

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Transocean Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transocean Ltd (NYSE:RIG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RIG N:Mexico 0QOW:UK RIGG34:Brazil

Address

Turmstrasse 30, Steinhausen, CHE, 6312

Website

https://www.deepwater.com

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells.

Executives

Perestroika (cyprus) Ltd	director, 10 percent owner	TRANSOCEAN, TURMSTRASSE 30, STEINHAUSEN V8 6312
Frederik Wilhelm Mohn	director	TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Erestroika	director	TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
David A Tonnel	officer: SVP and Corporate Controller	4 GREENWAY PLAZA, HOUSTON TX 77046
Mark-anthony Lovell Mey	officer: EVP & CFO	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Dell'osso Domenic J Jr	director	6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Chad C Deaton	director	12001 N HOUSTON ROSSLYN, HOUSTON TX 77086
Keelan Adamson	officer: President & COO	4 GREENWAY PLAZA, HOUSTON TX 77046
Chang Vanessa C L	director	P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Howard E Davis	officer: EVP, CAO & CIO	4 GREENWAY PLAZA, HOUSTON TX 77046
Jeremy D Thigpen	director, officer: CEO
Brady K Long	officer: EVP & General Counsel	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
De Saint Victor Diane	director	TURMSTRASSE 30, STEINHAUSEN V8 6312
Margareth Oevrum	director	FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Edward R Muller	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065