Transocean (RIG) Intangibles (2009 - 2023)
Transocean's Intangibles was $4 million in Q4 2023, down 92.9% from $56 million a year earlier and down 63.6% from the prior quarter.
Analysis
Transocean (RIG) Intangibles (2009 - 2023) Analysis & Trends
From Q4 2009 onward, Transocean has reported Intangibles for 27 quarters.
- Intangibles has now declined for five consecutive years, with a five-year compound annual growth rate of -65.3% (FY2018 to FY2023).
- In earlier years, Intangibles was $56 million in FY2022 (-67.6%), $173 million in FY2021 (-56.0%), $393 million in FY2020 (-35.4%) and $608 million in FY2019 (-23.5%).
- The Q4 2023 figure marks the lowest quarterly Intangibles in data going back to Q4 2009.
- Compared with a year earlier, Intangibles has declined for ten straight quarters, with an average decline of 73.2% over the last eight quarters.
- The best year-over-year quarter for Intangibles over five years was Q1 2019 (growth of 22.3%); the worst was Q4 2023 (a decline of 92.9%).
- Per Business Quant data, RIG's Intangibles in the three quarters before Q4 2023 was $11 million (Q3 2023), $19 million (Q2 2023) and $38 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 4.88 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 4.00 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 381.10 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | - |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 438.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | - |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 265.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | - |
| 10 | Kodiak Gas Services | 5.35 Bn | 5.11 Bn | 246.76 Mn | 189.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | 11.00 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Mar 31, 2023 | 38.00 Mn |
| Dec 31, 2022 | 56.00 Mn |
| Sep 30, 2022 | 75.00 Mn |
| Jun 30, 2022 | 114.00 Mn |
| Mar 31, 2022 | 144.00 Mn |
| Dec 31, 2021 | 173.00 Mn |
| Sep 30, 2021 | 223.00 Mn |
| Jun 30, 2021 | 280.00 Mn |
| Mar 31, 2021 | 337.00 Mn |
| Dec 31, 2020 | 393.00 Mn |
| Sep 30, 2020 | 450.00 Mn |
| Mar 31, 2020 | 560.00 Mn |
| Dec 31, 2019 | 608.00 Mn |
| Jun 30, 2019 | 703.00 Mn |
| Mar 31, 2019 | 750.00 Mn |
| Dec 31, 2018 | 795.00 Mn |
| Sep 30, 2018 | 554.00 Mn |
API Access
Transocean Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=RIG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "RIG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=RIG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();