Borr Drilling Ltd financial data

Symbol
BORR on NYSE
Industry
Drilling Oil & Gas Wells
Location
S.E. Pearman Building, 2 Nd Floor 9 Par La Ville Road, Hamilton, Bermuda
State of incorporation
Bermuda
Fiscal year end
December 31
Latest financial report
Q4 2023 - Mar 27, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin 32.5 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 253M shares +10.3%
Common Stock, Shares, Outstanding 253M shares +10.3%
Common Stock, Value, Issued 26.5M USD +15.2%
Weighted Average Number of Shares Outstanding, Basic 244M shares +36.9%
Weighted Average Number of Shares Outstanding, Diluted 248M shares +39.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 772M USD +73.9%
General and Administrative Expense 45.1M USD +22.6%
Operating Income (Loss) 250M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 56.1M USD
Income Tax Expense (Benefit) 34M USD +84.8%
Net Income (Loss) Attributable to Parent 22.1M USD
Earnings Per Share, Basic 0.09 USD/shares
Earnings Per Share, Diluted 0.09 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 103M USD -5.09%
Accounts Receivable, after Allowance for Credit Loss, Current 53.9M USD +61.4%
Other Assets, Current 32M USD +26%
Assets, Current 410M USD +17.1%
Deferred Income Tax Assets, Net 1M USD 0%
Property, Plant and Equipment, Net 3.5M USD -10.3%
Operating Lease, Right-of-Use Asset 1.1M USD -35.3%
Other Assets, Noncurrent 67.3M USD +152%
Assets 3.08B USD +2.61%
Accounts Payable, Current 35.5M USD -25.6%
Employee-related Liabilities, Current 800K USD +300%
Accrued Liabilities, Current 77M USD -4.7%
Contract with Customer, Liability, Current 59.5M USD +3.84%
Liabilities, Current 360M USD -51.7%
Contract with Customer, Liability, Noncurrent 56.6M USD -17.6%
Operating Lease, Liability, Noncurrent 1.1M USD -35.3%
Other Liabilities, Noncurrent 5.8M USD -59.4%
Liabilities 2.1B USD -0.37%
Retained Earnings (Accumulated Deficit) -1.36B USD +1.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 984M USD +9.6%
Liabilities and Equity 3.08B USD +2.61%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -50.7M USD -181%
Net Cash Provided by (Used in) Financing Activities 139M USD +50.1%
Net Cash Provided by (Used in) Investing Activities -104M USD -26.2%
Common Stock, Shares Authorized 315M shares +23.5%
Common Stock, Shares, Issued 264M shares +15.2%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 103M USD -13.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 217M USD +159%
Deferred Tax Assets, Valuation Allowance 33.6M USD -56.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0 pure
Deferred Tax Assets, Gross 52.9M USD -34.4%
Operating Lease, Liability 1.6M USD -27.3%
Depreciation 117M USD +0.77%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 22.1M USD
Lessee, Operating Lease, Liability, to be Paid 2.1M USD -27.6%
Operating Lease, Liability, Current 500K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 600K USD -14.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 600K USD -14.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) -16.5M USD -686%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 500K USD -28.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 300K USD -50%
Deferred Tax Assets, Operating Loss Carryforwards 17.6M USD -0.57%
Current Income Tax Expense (Benefit) 50.5M USD +146%
Unrecognized Tax Benefits 2.1M USD -66.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 300K USD 0%
Additional Paid in Capital 291M USD
Deferred Tax Assets, Net of Valuation Allowance 19.3M USD +451%
Share-based Payment Arrangement, Expense 4.6M USD +119%
Interest Expense 177M USD +27.3%