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Transocean RIG Debt-to-assets

Debt-to-assets at other companies

Valaris logo
ValarisVAL
0.2×0.0×
Noble Corporation logo
Noble CorporationNE
0.3×0.0×
NOVA, Inc. logo
NOVA, Inc.NOV
0.2×0.0×
Weatherford International logo
Weatherford InternationalWFRD
0.3×0.0×
SM Energy logo
SM EnergySM
0.0×
Kodiak Gas Services logo
Kodiak Gas ServicesKGS
0.6×0.0×

Other financials

Income statement

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Revenue$1.1B+19.3%
Gross profit$475.0M+64.9%
Operating income$287.0M+348%
Net income$71.0M+190%
EPS (diluted)$0.06+155%

Balance sheet

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Cash & equivalents$330.0M+25.5%
Total debt$5.3B-20.7%
Total equity$8.2B-19.8%
Total assets$15.2B-20.3%

Cash flow

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Operating cash flow$164.0M+531%
CapEx$28.0M-53.3%
Free cash flow$136.0M+500%

Valuation

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Market cap$5.88B+162%
Enterprise value$10.82B+33.6%
P/S1.4×+0.8×

Profitability

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Gross margin42.2%+4.7pp
Operating margin-18.7%+27.1pp
Net margin-67.4%-111pp
FCF margin19.2%+10.3pp

Returns & leverage

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Return on equity-30.3%-42.4pp
Debt / equity0.6×0.0×
Current ratio1.5×+0.2×

Where this comes from

Calculated from Transocean’s reported figures.

Based on the most recent quarter.

The official record: Transocean’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Transocean's debt-to-assets?
Transocean (RIG) reported debt-to-assets of 0.3× in Q1 2026.
How has Transocean's debt-to-assets changed year-over-year?
Transocean's debt-to-assets decreased by 0.4% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for Transocean's debt-to-assets?
Over 5 years (2020 to 2025), Transocean's debt-to-assets has grown at a -0.1% compound annual growth rate (CAGR), from 0.4× to 0.4×.
What does debt-to-assets mean?
Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.