Transocean's stretched debt position and insufficiency of im...
Transocean's stretched debt position and insufficiency of immediate resources to cover debts create worry. With reported EBIT level losses and accompanied liabilities, it appears as a dicey investment. Sluggish revenue growth pace and last year's negative free cash flow exacerbate risks.
Is Transocean (NYSE:RIG) Using Debt Sensibly?
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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