Borr Drilling Ltd

Company Profile

Borr Drilling Ltd had its IPO on 2018-05-22 under the ticker symbol BORR.

The company operates in the Energy sector and Oil & Gas Drilling industry. Borr Drilling Ltd has a staff strength of 1,504 employees.

Stock update

Shares of Borr Drilling Ltd opened at $6.93 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.93 - $7.22, and closed at $7.19.

This is a +4.51% increase from the previous day's closing price.

A total volume of 1,937,822 shares were traded at the close of the day’s session.

In the last one week, shares of Borr Drilling Ltd have increased by +0.28%.

Borr Drilling Ltd's Key Ratios

Borr Drilling Ltd has a market cap of $1.83 billion, indicating a price to book ratio of 1.12 and a price to sales ratio of 2.8458.

In the last 12-months Borr Drilling Ltd’s revenue was $533.80 million with a gross profit of $178.90 million and an EBITDA of $199 million. The EBITDA ratio measures Borr Drilling Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Borr Drilling Ltd’s operating margin was 15.7% while its return on assets stood at 1.67% with a return of equity of -28.01%.

In Q1, Borr Drilling Ltd’s quarterly earnings growth was a positive 0% while revenue growth was a positive 109.8%.

Borr Drilling Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.41 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Borr Drilling Ltd’s profitability.

Borr Drilling Ltd stock is trading at a EV to sales ratio of 7.2145 and a EV to EBITDA ratio of -46.1905. Its price to sales ratio in the trailing 12-months stood at 2.8458.

Borr Drilling Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$3.16 billion

Total Liabilities

$550.10 million

Operating Cash Flow

$0

Capital Expenditure

$29 million

Dividend Payout Ratio

0%

Borr Drilling Ltd ended 2024 with $3.16 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.16 billion while shareholder equity stood at $904.10 million.

Borr Drilling Ltd ended 2024 with $0 in deferred long-term liabilities, $550.10 million in other current liabilities, 25500000.00 in common stock, $-1388400000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $90.30 million and cash and short-term investments were $90.30 million. The company’s total short-term debt was $253,000,000 while long-term debt stood at $1.55 billion.

Borr Drilling Ltd’s total current assets stands at $498.90 million while long-term investments were $23.00 million and short-term investments were $0. Its net receivables were $203.50 million compared to accounts payable of $34.20 million and inventory worth $0.

In 2024, Borr Drilling Ltd's operating cash flow was $0 while its capital expenditure stood at $29 million.

Comparatively, Borr Drilling Ltd paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$7.19

52-Week High

$8.13

52-Week Low

$2.451

Analyst Target Price

$9

Borr Drilling Ltd stock is currently trading at $7.19 per share. It touched a 52-week high of $8.13 and a 52-week low of $8.13. Analysts tracking the stock have a 12-month average target price of $9.

Its 50-day moving average was $7.73 and 200-day moving average was $6.74 The short ratio stood at 10.18 indicating a short percent outstanding of 0%.

Around 918.7% of the company’s stock are held by insiders while 5615.4% are held by institutions.