Borr Drilling Financials

BORR Stock  USD 3.72  0.03  0.81%   
Based on the key indicators obtained from Borr Drilling's historical financial statements, Borr Drilling is performing exceptionally good at this time. It has a great risk to report excellent financial results in January. At this time, Borr Drilling's Capital Lease Obligations is relatively stable compared to the past year. As of 12/01/2024, Long Term Investments is likely to grow to about 29.4 M, while Total Current Liabilities is likely to drop slightly above 235.2 M. Key indicators impacting Borr Drilling's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.11.7294
Way Down
Slightly volatile
Current Ratio1.081.1373
Notably Down
Slightly volatile
Investors should never underestimate Borr Drilling's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Borr Drilling's cash flow, debt, and profitability to make informed and accurate decisions about investing in Borr Drilling.

Net Income

23.2 Million

  
Understanding current and past Borr Drilling Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Borr Drilling's financial statements are interrelated, with each one affecting the others. For example, an increase in Borr Drilling's assets may result in an increase in income on the income statement.

Borr Drilling Earnings Geography

Borr Drilling Stock Summary

Borr Drilling competes with Noble Plc, Patterson UTI, Nabors Industries, Seadrill, and Transocean. Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda. Borr Drilling is traded on New York Stock Exchange in the United States.
Foreign Associate
  Norway
Specialization
Energy, Oil & Gas Drilling
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINBMG1466R2078
CUSIPG1466R173 G1466R207
LocationBermuda
Business AddressS E Pearman
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websiteborrdrilling.com
Phone441 542 9234
CurrencyUSD - US Dollar

Borr Drilling Key Financial Ratios

Borr Drilling Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.2B3.1B3.0B3.1B2.8B
Other Current Liab155.3M60.1M66.9M217.4M234.8M246.6M
Other Liab86.3M19.9M132.1M156.6M180.1M189.1M
Net Tangible Assets1.3B1.0B889.9M897.8M1.0B1.1B
Net Debt1.7B1.9B1.9B1.5B1.6B1.3B
Retained Earnings(585.7M)(882.9M)(1.1B)(1.4B)(1.4B)(1.3B)
Accounts Payable14.1M20.4M34.7M47.7M35.5M23.6M
Cash59.1M19.2M34.9M108M102.5M65.4M
Other Assets24.7M16.5M600K14.7M13.2M10.2M
Long Term Debt1.7B1.9B1.9B1.2B1.6B1.3B
Inventory102.2M18.1M27.1M50.5M(40.5M)(38.5M)
Other Current Assets6.1M39.3M41.4M71.3M51.5M36.7M
Total Liab2.0B2.1B2.2B2.1B2.1B1.7B
Total Current Assets277.9M140.8M176.2M349.9M409.9M265.0M
Short Term Debt3.4M3.1M700K446.4M83.4M83.7M
Common Stock5.6M11.1M13.8M23M26.5M27.8M
Net Receivables110.5M82.3M99.9M170.6M255.9M268.7M
Net Invested Capital3.0B3.0B2.8B2.5B2.7B2.9B

Borr Drilling Key Income Statement Accounts

The reason investors look at the income statement is to determine what Borr Drilling's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Tax Provision11.2M16.2M9.7M18.4M46.1M48.4M
Interest Expense70.4M87.4M92.9M125.4M186.3M195.6M
Total Revenue334.1M307.5M245.3M443.8M771.6M810.2M
Gross Profit212.5M189.6M125.7M327.3M423M444.2M
Operating Income(145.8M)(117.6M)(91.6M)(14.7M)250.4M262.9M
Ebit(197.5M)(235.0M)(87.3M)(116.3M)239.4M251.4M
Ebitda(75.7M)(105.3M)29.2M(2M)361.2M379.3M
Cost Of Revenue121.6M117.9M119.6M116.5M348.6M366.0M
Income Before Tax(296.9M)(289M)(183.3M)(274.4M)56.1M58.9M
Net Income(308.1M)(305.2M)(193M)(292.8M)22.1M23.2M
Income Tax Expense11.2M16.2M9.7M18.4M34M35.7M
Net Interest Income(83.7M)(97M)(114.7M)(168.9M)(180.9M)(171.9M)
Interest Income1.5M200K3.9M5.4M4.9M3.2M

Borr Drilling Key Cash Accounts

201920202021202220232024 (projected)
Investments(271.1M)(115.1M)57.1M(82.6M)(108.2M)(113.6M)
Change In Cash37.2M(109.3M)26.8M72.5M(15.9M)(15.1M)
Net Borrowings412.8M348.1M5M(205.5M)(185.0M)(175.7M)
Free Cash Flow(360.6M)(97.1M)(77.8M)(20.8M)(164.7M)(172.9M)
Depreciation101.4M117.9M119.6M116.5M117.4M99.2M
Other Non Cash Items93.9M63.6M(11.2M)167.3M(16.6M)(15.8M)
Capital Expenditures271.6M42.4M18.9M83.3M114M198.1M
Net Income(308.1M)(305.2M)(193M)(292.8M)22.1M23.2M
End Period Cash Flow128.5M19.2M46M118.5M102.6M80.8M
Change To Netincome68.5M65.5M(16.5M)159.9M183.9M193.1M

Borr Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Borr Drilling's current stock value. Our valuation model uses many indicators to compare Borr Drilling value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Borr Drilling competition to find correlations between indicators driving Borr Drilling's intrinsic value. More Info.
Borr Drilling is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.78  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Borr Drilling is roughly  1.28 . At this time, Borr Drilling's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Borr Drilling by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Borr Drilling Systematic Risk

Borr Drilling's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Borr Drilling volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Borr Drilling correlated with the market. If Beta is less than 0 Borr Drilling generally moves in the opposite direction as compared to the market. If Borr Drilling Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Borr Drilling is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Borr Drilling is generally in the same direction as the market. If Beta > 1 Borr Drilling moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Borr Drilling Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Borr Drilling's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Borr Drilling growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.73)

At this time, Borr Drilling's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Borr Drilling December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Borr Drilling help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Borr Drilling. We use our internally-developed statistical techniques to arrive at the intrinsic value of Borr Drilling based on widely used predictive technical indicators. In general, we focus on analyzing Borr Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Borr Drilling's daily price indicators and compare them against related drivers.

Additional Tools for Borr Stock Analysis

When running Borr Drilling's price analysis, check to measure Borr Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Borr Drilling is operating at the current time. Most of Borr Drilling's value examination focuses on studying past and present price action to predict the probability of Borr Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Borr Drilling's price. Additionally, you may evaluate how the addition of Borr Drilling to your portfolios can decrease your overall portfolio volatility.