Transocean (RIG) Interest Coverage Ratio (2009 - 2026)
Transocean (RIG) posted quarterly Interest Coverage Ratio of 1.04 for Q1 2026, up 88.47% year-over-year from 0.55 in Q1 2025, and down 25.04% quarter-over-quarter from 1.39 in Q4 2025.
Transocean (RIG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Transocean (RIG) has reported Interest Coverage Ratio for 18 consecutive years, with 1.04 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 88.47% year-over-year to 1.04; the TTM figure through Mar 2026 stood at 2.96 (down 339.27% YoY), while the FY2025 annual figure was 4.21, down 426.1% from the prior year.
- Interest Coverage Ratio fell to 1.04 in Q1 2026 per RIG's latest filing, from 1.39 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 23.67 in Q4 2023 and bottomed at 10.89 in Q3 2025.
- Historically, Interest Coverage Ratio has averaged 0.01 across 5 years, with a median of 0.24 in 2022.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio jumped 10139.25% — and 2024, when it tumbled 2457.27%.
- Transocean's Interest Coverage Ratio stood at 0.24 in 2022, then surged by 10139.25% to 23.67 in 2023, then sank by 97.8% to 0.52 in 2024, then soared by 166.79% to 1.39 in 2025, then dropped by 25.04% to 1.04 in 2026.
- Business Quant data shows RIG's Interest Coverage Ratio at 1.04 in Q1 2026, 1.39 in Q4 2025, and 10.89 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 0.84 |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | -7.60 |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -0.34 |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 7.70 |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 4.50 |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 0.00 |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -11.54 |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 7.89 |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -1.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -7.60 |
| Mar 31, 2026 | 1.04 |
| Dec 31, 2025 | 1.39 |
| Sep 30, 2025 | -10.89 |
| Jun 30, 2025 | -8.61 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 0.52 |
| Sep 30, 2024 | -6.06 |
| Jun 30, 2024 | -0.80 |
| Mar 31, 2024 | -0.03 |
| Dec 31, 2023 | 23.67 |
| Sep 30, 2023 | -0.24 |
| Jun 30, 2023 | -0.25 |
| Mar 31, 2023 | -0.63 |
| Dec 31, 2022 | -0.24 |
| 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 |