Borr Current Ratio from 2010 to 2024
| BORR Stock | USD 5.89 0.01 0.17% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 1.02802442 | Current Value 0.98 | Quarterly Volatility 291.09719729 |
Check Borr Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Borr main balance sheet or income statement drivers, such as Tax Provision of 48.4 M, Discontinued Operations of 0.0 or Interest Expense of 166.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.13, Dividend Yield of 0.0 or PTB Ratio of 1.92. Borr financial statements analysis is a perfect complement when working with Borr Drilling Valuation or Volatility modules.
Borr | Current Ratio |
Latest Borr Drilling's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Borr Drilling over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Borr Drilling's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Borr Drilling's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.32 X | 10 Years Trend |
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Current Ratio |
| Timeline |
Borr Current Ratio Regression Statistics
| Arithmetic Mean | 265.43 | |
| Geometric Mean | 23.63 | |
| Coefficient Of Variation | 109.67 | |
| Mean Deviation | 280.59 | |
| Median | 10.69 | |
| Standard Deviation | 291.10 | |
| Sample Variance | 84,738 | |
| Range | 566 | |
| R-Value | (0.87) | |
| Mean Square Error | 22,500 | |
| R-Squared | 0.75 | |
| Significance | 0.000027 | |
| Slope | (56.50) | |
| Total Sum of Squares | 1.2M |
Borr Current Ratio History
About Borr Drilling Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Borr Drilling income statement, its balance sheet, and the statement of cash flows. Borr Drilling investors use historical funamental indicators, such as Borr Drilling's Current Ratio, to determine how well the company is positioned to perform in the future. Although Borr Drilling investors may use each financial statement separately, they are all related. The changes in Borr Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Borr Drilling's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Borr Drilling Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Borr Drilling. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.03 | 0.98 |
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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.
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Is Borr Drilling's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Borr Drilling. If investors know Borr will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Borr Drilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.05 | Earnings Share 0.09 | Revenue Per Share 3.159 | Quarterly Revenue Growth 0.485 | Return On Assets 0.0513 |
The market value of Borr Drilling is measured differently than its book value, which is the value of Borr that is recorded on the company's balance sheet. Investors also form their own opinion of Borr Drilling's value that differs from its market value or its book value, called intrinsic value, which is Borr Drilling's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Borr Drilling's market value can be influenced by many factors that don't directly affect Borr Drilling's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Borr Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Borr Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Borr Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.