Transocean Releases Financial Statements For 2019 On 3/31/2020 – Financial Losses Are Piling Up

Here is a snapshot of the financial statements recently released by Transocean.

In Thousands of dollars,
Total Income  $1,536
Net Loss  $1,378,613
Total Assets  $8,424,086
Total Liabilities  $2,103,698
Total Equity  $6,320,388

On 4/29/2020, Transocean, in a press release, reported a net loss for the 1st Quarter of 2020 of $392 million.

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