Transocean (RIG)
Transocean Altman Z-Score: 0.5017
View RIG Altman Z-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
RIG Altman Z-Score Rankings
| Overall | 16th percentile | 2972 of 3552 |
| Sector | 13th percentile | 326 of 378 in Basic Materials |
| Industry | 28th percentile | 35 of 49 in Oil & Gas Drilling & Exploration |
RIG Altman Z-Score Range, Past 5 Years
| Minimum | 0.4913 | Dec 2011 |
| Maximum | 4.553 | Sep 2007 |
| Average | 1.904 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
Learn More
You may also be interested in these RIG related companies
RIG News
about a day ago by mytfine
about a day ago by TradeIdeasQuant
about a day ago by Pokytime
about 7 days ago by Vegastrader
about 7 days ago by Pokytime
May 22, 12:45PM Street Insider
May 18, 11:48AM Thomson Reuters ONE
about 15 days ago by mytfine
May 04, 3:23PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RIG | 40.83 | -0.53 | -1.28% | 14.49B |
| RICK | 7.88 | -0.01 | -0.13% | 76.30M |
| RIC | 5.86 | -0.16 | -2.66% | 199.92M |
| RHT | 51.35 | -0.18 | -0.35% | 9.953B |
| RES | 10.39 | -0.25 | -2.35% | 2.335B |
| RENT | 16.28 | +0.07 | +0.43% | 178.31M |
| RENN | 4.74 | +0.19 | +4.18% | 1.168B |
| REN | 8.75 | +0.11 | +1.27% | 526.52M |
| REMX | 13.49 | -0.06 | -0.47% | |
| REM | 14.02 | +0.01 | +0.07% |
