Transocean (RIG) Interest Coverage Ratio (2009 - 2026)
Transocean (RIG) reported Interest Coverage Ratio of 1.04 for Q1 2026, up 88.47% year-over-year from 0.55 in Q1 2025, and down 92.37% quarter-over-quarter from 13.62 in Q4 2025.
Transocean (RIG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Transocean (RIG) has 18 years of Interest Coverage Ratio data on file, last reported at 1.04 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 1.04, up 88.47% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.0 (down 94.39% YoY), and the FY2025 annual result was 0.4, down 258.74% from the prior year.
- Interest Coverage Ratio slipped to 1.04 in Q1 2026 per RIG's latest filing, from 13.62 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 13.62 in Q4 2025 and troughed at 60.0 in Q4 2023.
- A 5-year average of 3.92 and a median of 0.25 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2025: Interest Coverage Ratio slumped 20940.0% in 2023, then surged 2251.72% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.29 in 2022, then tumbled by 20940.0% to 60.0 in 2023, then soared by 109.29% to 5.57 in 2024, then jumped by 144.54% to 13.62 in 2025, then plunged by 92.37% to 1.04 in 2026.
- Business Quant data shows RIG's Interest Coverage Ratio at 1.04 in Q1 2026, 13.62 in Q4 2025, and 10.89 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 143.13 Bn | 143.07 Bn | 120.82 Mn | 10.03 |
| 2 | Noble | 6.93 Bn | 6.26 Bn | 755.58 Mn | 5.56 |
| 3 | Transocean | 6.19 Bn | 5.58 Bn | 475.00 Mn | 1.04 |
| 4 | Patterson Uti Energy | 3.93 Bn | 3.60 Bn | 535.85 Mn | -0.82 |
| 5 | Helmerich & Payne | 3.63 Bn | 3.53 Bn | 907.56 Mn | -1.43 |
| 6 | Seadrill | 2.49 Bn | 2.16 Bn | - | - |
| 7 | Sable Offshore | 1.44 Bn | 1.38 Bn | -66.76 Mn | -3.43 |
| 8 | Borr Drilling | 1.33 Bn | 1.08 Bn | - | -0.73 |
| 9 | Nabors Industries | 1.29 Bn | 1.18 Bn | 290.08 Mn | -10.86 |
| 10 | Valaris | 452.05 Mn | -125.75 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.04 |
| Dec 31, 2025 | 13.62 |
| Sep 30, 2025 | -10.89 |
| Jun 30, 2025 | -8.61 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 5.57 |
| Sep 30, 2024 | -6.06 |
| Jun 30, 2024 | -0.80 |
| Mar 31, 2024 | -0.03 |
| Dec 31, 2023 | -60.00 |
| Sep 30, 2023 | -0.24 |
| Jun 30, 2023 | -0.25 |
| Mar 31, 2023 | -0.63 |
| Dec 31, 2022 | -0.29 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | -0.49 |
| Dec 31, 2021 | -0.40 |
| Jun 30, 2021 | -0.02 |
| Mar 31, 2021 | -0.58 |