BORR
Price:
$3.68
Market Cap:
$924.32M
Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. The company serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. As of December 31, 2021, it operated a fleet of 23 jack-up drilling rigs. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in Dece...[Read more]
Industry
Oil & Gas Drilling
IPO Date
2019-07-30
Stock Exchange
NYSE
Ticker
BORR
According to Borr Drilling Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.41. This represents a change of 2.49% compared to the average of 1.38 of the last 4 quarters.
The mean historical Current Ratio of Borr Drilling Limited over the last ten years is 73.02. The current 1.41 Current Ratio has changed 93.18% with respect to the historical average. Over the past ten years (40 quarters), BORR's Current Ratio was at its highest in in the December 2017 quarter at 10.69. The Current Ratio was at its lowest in in the June 2022 quarter at 0.12.
Average
73.02
Median
1.48
Minimum
0.47
Maximum
566.06
Discovering the peaks and valleys of Borr Drilling Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 142.36%
Maximum Annual Current Ratio = 566.06
Minimum Annual Increase = -98.11%
Minimum Annual Current Ratio = 0.47
Year | Current Ratio | Change |
---|---|---|
2023 | 1.14 | 142.36% |
2022 | 0.47 | -68.60% |
2021 | 1.49 | 2.00% |
2020 | 1.47 | 31.65% |
2019 | 1.11 | -36.35% |
2018 | 1.75 | -83.64% |
2017 | 10.69 | -98.11% |
The current Current Ratio of Borr Drilling Limited (BORR) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
1.03
5-year avg
1.14
10-year avg
73.02
Borr Drilling Limited’s Current Ratio is less than Noble Corporation Plc (1.57), less than Diamond Offshore Drilling, Inc. (1.73), less than Patterson-UTI Energy, Inc. (1.52), less than Nabors Industries Ltd. (1.88), less than Seadrill Limited (2.53), less than Transocean Ltd. (1.64),
Company | Current Ratio | Market cap |
---|---|---|
1.57 | $4.78B | |
1.73 | $1.44B | |
1.52 | $3.13B | |
1.88 | $495.52M | |
2.53 | $2.53B | |
1.64 | $3.08B |
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