Borr Drilling Limited (BORR) quarterly balance sheet — complete assets, liabilities & equity history
Borr Drilling Limited (BORR) balance sheet — 10-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 569.3M | 640.2M | 739.1M | 634.2M | 468.3M | 516.9M | 516.6M | 582.6M | 546.2M | 634M | 409.9M | 340.3M | 341.9M | 498.9M | 349.9M | 632.4M | 212M | 219.2M | 176.2M | 182.1M |
| Cash & Short-Term Investments | 224.6M | 246.9M | 380.7M | 228.8M | 92.4M | 170M | 61.6M | 185.7M | 195.3M | 282.7M | 102.5M | 94.5M | 83.8M | 90.3M | 108M | 29.7M | 31.1M | 50.1M | 34.9M | 68.9M |
| Cash Only | 224.6M | 246.9M | 380.7M | 228.8M | 92.4M | 170M | 61.6M | 185.7M | 193.5M | 282.7M | 102.5M | 94.5M | 83.8M | 90.3M | 108M | 29.7M | 31.1M | 50.1M | 34.9M | 68.9M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 304.6M | 355.8M | 327M | 381.2M | 323.2M | 287.5M | 404.2M | 354.2M | 304.3M | 295.6M | 255.9M | 203.1M | 190.4M | 181.1M | 190.9M | 153.6M | 148.3M | 114.6M | 113.1M | 91.1M |
| Days Sales Outstanding | 129.35 | 124.4 | 125.59 | 116.93 | 103.8 | 143.71 | 132.6 | 125.38 | 100.39 | 107.24 | 95.71 | 94.52 | 90.15 | 97.33 | 106.64 | 128.71 | 113.6 | 124.96 | 135.94 | 118.65 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 27.3M | 24.7M | 23.1M | 11.4M | 35.5M | 41.1M | 42.4M | 35.5M | 33.8M | 40.2M | 40.5M | 28.4M | 58.5M | 217.5M | 41.4M | 429.2M | 21.4M | 42M | 21.6M | 16.4M |
| Total Non-Current Assets | 3.13B | 3.16B | 2.89B | 2.89B | 2.88B | 2.89B | 2.9B | 2.76B | 2.64B | 2.66B | 2.67B | 2.7B | 2.65B | 2.66B | 2.65B | 2.65B | 2.78B | 2.89B | 2.9B | 2.93B |
| Property, Plant & Equipment | 3.04B | 3.07B | 2.74B | 2.77B | 2.8B | 2.81B | 2.83B | 2.7B | 2.57B | 2.57B | 2.59B | 2.6B | 2.61B | 2.6B | 2.6B | 2.6B | 2.72B | 2.85B | 2.87B | 2.9B |
| Fixed Asset Turnover | 0.08x | 0.08x | 0.09x | 0.10x | 0.10x | 0.08x | 0.10x | 0.09x | 0.11x | 0.09x | 0.09x | 0.07x | 0.07x | 0.07x | 0.06x | 0.04x | 0.04x | 0.03x | 0.02x | 0.03x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 10.3M | 10.6M | 21.7M | 24.2M | 12.5M | 12.7M | 14.5M | 17M | 18.6M | 21.1M | 15.7M | 18.7M | 17.1M | 23M | 20.6M | 19.2M | 26.1M | 20.5M | 19.4M | 23.7M |
| Other Non-Current Assets | 78.4M | 82.4M | 97.8M | 66.6M | 51M | 43.5M | 43.1M | 32.5M | 35.8M | 43.6M | 46.9M | 83M | 28.1M | 35.9M | 29.5M | 24.1M | 33.1M | 17.9M | 12.7M | 3.3M |
| Total Assets | 3.7B | 3.8B | 3.63B | 3.52B | 3.35B | 3.4B | 3.42B | 3.34B | 3.18B | 3.29B | 3.08B | 3.04B | 3B | 3.16B | 3B | 3.28B | 2.99B | 3.11B | 3.08B | 3.11B |
| Asset Turnover | 0.06x | 0.07x | 0.07x | 0.08x | 0.08x | 0.06x | 0.08x | 0.07x | 0.08x | 0.07x | 0.07x | 0.06x | 0.06x | 0.06x | 0.05x | 0.03x | 0.03x | 0.03x | 0.02x | 0.02x |
| Asset Growth % | 10.28% | 11.78% | 6.02% | 5.34% | 5.35% | 3.44% | 11.02% | 9.82% | 6.19% | 4.01% | 2.61% | -7.16% | 0.19% | 1.57% | -2.55% | 5.49% | -4.83% | -1.88% | -2.86% | -3.28% |
| Total Current Liabilities | 235.7M | 412.1M | 350.7M | 409.2M | 367.1M | 412.4M | 409.6M | 413M | 349M | 396.2M | 360.4M | 455.8M | 398.5M | 550.1M | 745.6M | 2B | 1.88B | 703.1M | 117.9M | 98.8M |
| Accounts Payable | 61.6M | 43.5M | 33.8M | 58.4M | 63.8M | 60.8M | 81.6M | 59M | 58.3M | 39M | 35.5M | 77.3M | 37.8M | 34.2M | 47.7M | 53.2M | 45.3M | 51.7M | 34.7M | 14.7M |
| Days Payables Outstanding | 27.31 | 18.58 | 23.84 | 33.84 | 154.48 | 178.5 | 181.17 | 169.68 | 138.78 | 106.6 | 168.47 | 174.16 | 117 | 130.69 | 164.01 | 155.17 | 149.61 | 131.8 | 62.43 | 50.7 |
| Short-Term Debt | 0 | 129.3M | 129.3M | 118.3M | 118.1M | 118.1M | 118.1M | 109.4M | 97.8M | 97.8M | 82.9M | 116.8M | 97.9M | 252.5M | 405.1M | 1.65B | 1.64B | 496.1M | 0 | 0 |
| Deferred Revenue (Current) | 21.6M | 24.3M | 43.7M | 52.9M | 61.6M | 59.2M | 43M | 29.6M | 33.4M | 56.1M | 59.5M | 54.8M | 52.4M | 0 | 57.3M | 0 | 14.4M | 6.6M | 3.9M | 0 |
| Other Current Liabilities | 131.5M | 131.6M | 131.1M | 157.5M | 1.2M | 1M | 4.4M | 2.4M | 3.3M | 4.7M | 6.1M | 191.1M | 43M | 56.7M | 42.2M | 47.4M | 170.9M | 19.4M | 1.4M | 2.3M |
| Current Ratio | 2.42x | 1.55x | 2.11x | 1.55x | 1.28x | 1.25x | 1.26x | 1.41x | 1.57x | 1.60x | 1.14x | 0.75x | 0.86x | 0.91x | 0.47x | 0.32x | 0.11x | 0.31x | 1.49x | 1.84x |
| Quick Ratio | 2.42x | 1.55x | 2.11x | 1.55x | 1.28x | 1.25x | 1.26x | 1.41x | 1.57x | 1.60x | 1.14x | 0.75x | 0.86x | 0.91x | 0.47x | 0.32x | 0.11x | 0.31x | 1.49x | 1.84x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 2.5B | 2.19B | 2.05B | 1.97B | 1.97B | 2.01B | 2.02B | 1.94B | 1.83B | 1.9B | 1.74B | 1.67B | 1.69B | 1.71B | 1.36B | 358.3M | 394.7M | 1.54B | 2.07B | 2.07B |
| Long-Term Debt | 2.49B | 2.18B | 2.02B | 1.94B | 1.93B | 2B | 1.99B | 1.89B | 1.75B | 1.8B | 1.62B | 1.52B | 1.54B | 1.55B | 1.19B | 283.5M | 281.8M | 1.42B | 1.92B | 1.91B |
| Capital Lease Obligations | 0 | 0 | 0 | 600K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.5M | 2.3M | 1.8M | 1M | 1.2M | 2.8M | 3.2M | 4.6M | 5.2M | 5.5M | 60.3M | 86.5M | 95M | 160.6M | 98.5M | 74.8M | 112.9M | 41.6M | 154.1M | 160.9M |
| Total Liabilities | 2.73B | 2.61B | 2.4B | 2.38B | 2.34B | 2.43B | 2.43B | 2.36B | 2.18B | 2.3B | 2.1B | 2.13B | 2.09B | 2.26B | 2.1B | 2.36B | 2.28B | 2.24B | 2.19B | 2.17B |
| Total Debt | 2.49B | 2.3B | 2.15B | 2.06B | 2.05B | 2.12B | 2.11B | 2B | 1.84B | 1.9B | 1.7B | 1.63B | 1.64B | 1.8B | 1.6B | 1.93B | 1.92B | 1.92B | 1.92B | 1.91B |
| Net Debt | 2.26B | 2.06B | 1.77B | 1.83B | 1.96B | 1.95B | 2.05B | 1.81B | 1.65B | 1.61B | 1.6B | 1.54B | 1.56B | 1.71B | 1.49B | 1.9B | 1.89B | 1.87B | 1.88B | 1.85B |
| Debt / Equity | 2.58x | 1.93x | 1.76x | 1.80x | 2.03x | 2.17x | 2.13x | 2.02x | 1.85x | 1.92x | 1.73x | 1.78x | 1.81x | 1.99x | 1.78x | 2.11x | 2.71x | 2.20x | 2.15x | 2.05x |
| Debt / EBITDA | 56.74x | 26.04x | 20.46x | 15.14x | 15.40x | 22.01x | 15.44x | 17.31x | 13.52x | 16.24x | 15.27x | 17.33x | 18.66x | 24.26x | 27.62x | 58.41x | - | 111.66x | 81.91x | 97.18x |
| Net Debt / EBITDA | 51.61x | 23.25x | 16.84x | 13.46x | 14.71x | 20.24x | 14.99x | 15.70x | 12.10x | 13.82x | 14.35x | 16.33x | 17.71x | 23.05x | 25.76x | 57.51x | - | 108.74x | 80.41x | 93.69x |
| Interest Coverage | -0.02x | 0.70x | 1.20x | 1.68x | 1.62x | 0.81x | 1.59x | 1.39x | 1.81x | 1.53x | 1.14x | 1.37x | 1.09x | 1.04x | 0.29x | -0.45x | -3.14x | -0.55x | -0.70x | -0.22x |
| Total Equity | 961.6M | 1.2B | 1.22B | 1.14B | 1.01B | 974.9M | 993.3M | 988.2M | 999.2M | 989.6M | 984M | 918.1M | 906.2M | 904.1M | 897.8M | 917.5M | 711.5M | 873M | 889.9M | 935.8M |
| Equity Growth % | -5.04% | 22.8% | 23.08% | 15.37% | 1.34% | -1.49% | 0.95% | 7.64% | 10.26% | 9.46% | 9.6% | 0.07% | 27.36% | 3.56% | 0.89% | -1.96% | -26.51% | -15.07% | -14.17% | -12.08% |
| Book Value per Share | 3.13 | 3.89 | 4.20 | 3.66 | 3.70 | 4.01 | 3.48 | 3.88 | 3.46 | 3.86 | 3.40 | 3.67 | 3.64 | 3.85 | 3.92 | 4.94 | 4.67 | 5.99 | 6.50 | 6.84 |
| Total Shareholders' Equity | 961.6M | 1.2B | 1.22B | 1.14B | 1.01B | 974.9M | 993.3M | 988.2M | 999.2M | 989.6M | 984M | 918.1M | 906.2M | 904.1M | 897.8M | 917.5M | 711.5M | 873M | 889.9M | 935.8M |
| Common Stock | 31.6M | 31.6M | 31.6M | 29.5M | 24.5M | 24.5M | 26.5M | 26.5M | 26.5M | 26.5M | 26.5M | 25.7M | 25.5M | 25.5M | 23M | 23M | 15.4M | 15.3M | 13.8M | 13.8M |
| Retained Earnings | -1.5B | -1.26B | -1.23B | -1.23B | -1.26B | -1.29B | -1.28B | -1.3B | -1.31B | -1.34B | -1.36B | -1.39B | -1.39B | -1.39B | -1.38B | -1.36B | -1.3B | -1.14B | -1.09B | -1.04B |
| Treasury Stock | -6.4M | -16.1M | -18.1M | -19.5M | -20M | -19.7M | -20.9M | -9M | -9.1M | -8.8M | -8.9M | -10.9M | -10.7M | -10.8M | -9.8M | -13.7M | -13.7M | -13.7M | -13.7M | -13.7M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |