Transocean Cash Per Share vs. EBITDA
| RIGG34 Stock | BRL 22.48 0.72 3.10% |
For Transocean profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Transocean to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Transocean utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Transocean's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Transocean over time as well as its relative position and ranking within its peers.
Transocean |
Transocean EBITDA vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Transocean's current stock value. Our valuation model uses many indicators to compare Transocean value to that of its competitors to determine the firm's financial worth. Transocean is rated below average in cash per share category among its peers. It also is rated below average in ebitda category among its peers totaling about 617,763,158 of EBITDA per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Transocean by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Transocean's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Transocean EBITDA vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Transocean |
| = | 1.52 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Transocean |
| = | 939 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Transocean EBITDA Comparison
Transocean is rated below average in ebitda category among its peers.
Transocean Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Transocean, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Transocean will eventually generate negative long term returns. The profitability progress is the general direction of Transocean's change in net profit over the period of time. It can combine multiple indicators of Transocean, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company was founded in 1926 and is based in Steinhausen, Switzerland. TRANSOCEAN DRN is traded on Sao Paolo Stock Exchange in Brazil.
Transocean Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Transocean. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Transocean position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Transocean's important profitability drivers and their relationship over time.
Use Transocean in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Transocean position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Transocean will appreciate offsetting losses from the drop in the long position's value.Transocean Pair Trading
Transocean Pair Trading Analysis
The ability to find closely correlated positions to Transocean could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Transocean when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Transocean - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Transocean to buy it.
The correlation of Transocean is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Transocean moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Transocean moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Transocean can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Transocean position
In addition to having Transocean in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Apparel
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Apparel Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Transocean Stock
When determining whether Transocean is a strong investment it is important to analyze Transocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transocean's future performance. For an informed investment choice regarding Transocean Stock, refer to the following important reports:Check out Your Equity Center. For information on how to trade Transocean Stock refer to our How to Trade Transocean Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
To fully project Transocean's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Transocean at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Transocean's income statement, its balance sheet, and the statement of cash flows.