Borr Depreciation And Amortization vs Reconciled Depreciation Analysis

BORR Stock

USD 6.87 0.06 0.88%

Borr Drilling financial indicator trend analysis is way more than just evaluating Borr Drilling prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Borr Drilling is a good investment. Please check the relationship between Borr Drilling Depreciation And Amortization and its Reconciled Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Borr Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Borr Stock, please use our How to Invest in Borr Drilling guide.

Depreciation And Amortization vs Reconciled Depreciation

Depreciation And Amortization vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Borr Drilling Depreciation And Amortization account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Borr Drilling's Depreciation And Amortization and Reconciled Depreciation is 0.97. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Borr Drilling, assuming nothing else is changed. The correlation between historical values of Borr Drilling's Depreciation And Amortization and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Borr Drilling are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Depreciation And Amortization i.e., Borr Drilling's Depreciation And Amortization and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Reconciled Depreciation

Most indicators from Borr Drilling's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Borr Drilling current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Borr Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Borr Stock, please use our How to Invest in Borr Drilling guide.As of 05/31/2024, Tax Provision is likely to grow to about 48.4 M, while Selling General Administrative is likely to drop slightly above 38 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	119.6M	116.5M	121.8M	105.8M
Interest Income	3.9M	5.4M	4.9M	3.2M

Depreciation And Amortization Interest Income

Borr Drilling fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total
Total Assets		0.82	0.66	0.87	0.84	0.87	1.0	0.96	-0.84	0.82	-0.81	1.0	0.04	-0.47	-0.8	0.89	-0.73	0.96	0.98	0.98	0.96	1.0	0.71	0.75	1.0	0.95
Other Current Liab	0.82		0.9	0.56	0.73	0.57	0.79	0.83	-0.89	0.88	-0.47	0.8	-0.13	-0.28	-0.48	0.81	-0.32	0.79	0.8	0.83	0.87	0.82	0.91	0.82	0.84	0.84
Total Current Liabilities	0.66	0.9		0.44	0.66	0.44	0.63	0.65	-0.8	0.86	-0.29	0.64	-0.11	-0.17	-0.29	0.69	-0.2	0.59	0.65	0.71	0.71	0.65	0.87	0.77	0.68	0.67
Total Stockholder Equity	0.87	0.56	0.44		0.66	1.0	0.87	0.7	-0.56	0.56	-0.62	0.87	0.43	-0.54	-0.6	0.69	-0.91	0.71	0.91	0.88	0.71	0.86	0.62	0.53	0.85	0.69
Other Liab	0.84	0.73	0.66	0.66		0.67	0.83	0.82	-0.94	0.9	-0.6	0.83	0.08	-0.53	-0.6	0.98	-0.43	0.81	0.83	0.88	0.84	0.85	0.68	0.94	0.85	0.83
Net Tangible Assets	0.87	0.57	0.44	1.0	0.67		0.87	0.71	-0.57	0.57	-0.62	0.87	0.43	-0.54	-0.6	0.69	-0.91	0.72	0.91	0.89	0.71	0.87	0.63	0.54	0.86	0.69
Property Plant And Equipment Net	1.0	0.79	0.63	0.87	0.83	0.87		0.96	-0.83	0.81	-0.83	1.0	0.04	-0.47	-0.82	0.89	-0.75	0.96	0.98	0.97	0.96	0.99	0.68	0.72	0.99	0.95
Net Debt	0.96	0.83	0.65	0.7	0.82	0.71	0.96		-0.88	0.84	-0.87	0.96	-0.2	-0.37	-0.87	0.89	-0.57	1.0	0.9	0.91	1.0	0.96	0.62	0.74	0.96	1.0
Retained Earnings	-0.84	-0.89	-0.8	-0.56	-0.94	-0.57	-0.83	-0.88		-0.95	0.6	-0.83	0.12	0.42	0.61	-0.97	0.32	-0.86	-0.81	-0.87	-0.91	-0.85	-0.76	-0.96	-0.86	-0.9
Accounts Payable	0.82	0.88	0.86	0.56	0.9	0.57	0.81	0.84	-0.95		-0.51	0.81	-0.02	-0.4	-0.51	0.91	-0.34	0.81	0.82	0.87	0.88	0.83	0.79	0.89	0.85	0.85
Cash	-0.81	-0.47	-0.29	-0.62	-0.6	-0.62	-0.83	-0.87	0.6	-0.51		-0.83	0.33	0.19	1.0	-0.67	0.61	-0.88	-0.71	-0.69	-0.82	-0.8	-0.23	-0.44	-0.78	-0.85
Non Current Assets Total	1.0	0.8	0.64	0.87	0.83	0.87	1.0	0.96	-0.83	0.81	-0.83		0.04	-0.47	-0.82	0.89	-0.75	0.96	0.98	0.97	0.96	1.0	0.68	0.73	0.99	0.95
Non Currrent Assets Other	0.04	-0.13	-0.11	0.43	0.08	0.43	0.04	-0.2	0.12	-0.02	0.33	0.04		-0.62	0.36	0.03	-0.46	-0.17	0.2	0.17	-0.17	0.04	0.15	-0.02	0.03	-0.21
Other Assets	-0.47	-0.28	-0.17	-0.54	-0.53	-0.54	-0.47	-0.37	0.42	-0.4	0.19	-0.47	-0.62		0.18	-0.56	0.56	-0.4	-0.53	-0.54	-0.38	-0.47	-0.26	-0.41	-0.46	-0.38
Cash And Short Term Investments	-0.8	-0.48	-0.29	-0.6	-0.6	-0.6	-0.82	-0.87	0.61	-0.51	1.0	-0.82	0.36	0.18		-0.67	0.6	-0.88	-0.7	-0.68	-0.83	-0.8	-0.23	-0.45	-0.78	-0.86
Common Stock Total Equity	0.89	0.81	0.69	0.69	0.98	0.69	0.89	0.89	-0.97	0.91	-0.67	0.89	0.03	-0.56	-0.67		-0.48	0.89	0.88	0.92	0.91	0.91	0.71	0.93	0.9	0.91
Common Stock Shares Outstanding	-0.73	-0.32	-0.2	-0.91	-0.43	-0.91	-0.75	-0.57	0.32	-0.34	0.61	-0.75	-0.46	0.56	0.6	-0.48		-0.59	-0.75	-0.71	-0.56	-0.7	-0.31	-0.23	-0.69	-0.55
Non Current Liabilities Total	0.96	0.79	0.59	0.71	0.81	0.72	0.96	1.0	-0.86	0.81	-0.88	0.96	-0.17	-0.4	-0.88	0.89	-0.59		0.9	0.9	0.99	0.96	0.59	0.72	0.96	0.99
Capital Surpluse	0.98	0.8	0.65	0.91	0.83	0.91	0.98	0.9	-0.81	0.82	-0.71	0.98	0.2	-0.53	-0.7	0.88	-0.75	0.9		0.99	0.92	0.98	0.75	0.73	0.98	0.89
Other Stockholder Equity	0.98	0.83	0.71	0.88	0.88	0.89	0.97	0.91	-0.87	0.87	-0.69	0.97	0.17	-0.54	-0.68	0.92	-0.71	0.9	0.99		0.93	0.98	0.79	0.8	0.98	0.9
Total Liab	0.96	0.87	0.71	0.71	0.84	0.71	0.96	1.0	-0.91	0.88	-0.82	0.96	-0.17	-0.38	-0.83	0.91	-0.56	0.99	0.92	0.93		0.97	0.68	0.78	0.97	1.0
Property Plant And Equipment Gross	1.0	0.82	0.65	0.86	0.85	0.87	0.99	0.96	-0.85	0.83	-0.8	1.0	0.04	-0.47	-0.8	0.91	-0.7	0.96	0.98	0.98	0.97		0.72	0.76	1.0	0.95
Total Current Assets	0.71	0.91	0.87	0.62	0.68	0.63	0.68	0.62	-0.76	0.79	-0.23	0.68	0.15	-0.26	-0.23	0.71	-0.31	0.59	0.75	0.79	0.68	0.72		0.8	0.74	0.63
Common Stock	0.75	0.82	0.77	0.53	0.94	0.54	0.72	0.74	-0.96	0.89	-0.44	0.73	-0.02	-0.41	-0.45	0.93	-0.23	0.72	0.73	0.8	0.78	0.76	0.8		0.76	0.78
Property Plant Equipment	1.0	0.84	0.68	0.85	0.85	0.86	0.99	0.96	-0.86	0.85	-0.78	0.99	0.03	-0.46	-0.78	0.9	-0.69	0.96	0.98	0.98	0.97	1.0	0.74	0.76		0.95
Short Long Term Debt Total	0.95	0.84	0.67	0.69	0.83	0.69	0.95	1.0	-0.9	0.85	-0.85	0.95	-0.21	-0.38	-0.86	0.91	-0.55	0.99	0.89	0.9	1.0	0.95	0.63	0.78	0.95

Click cells to compare fundamentals

Borr Drilling Account Relationship Matchups

Borr Drilling fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3B	3.2B	3.1B	3.0B	3.1B	2.8B
Other Current Liab	155.3M	70.1M	78.6M	194.2M	181.5M	99.9M
Total Current Liabilities	249.7M	96.1M	117.9M	745.6M	359.3M	235.0M
Total Stockholder Equity	1.3B	1.0B	889.9M	897.8M	981.1M	1.1B
Other Liab	86.3M	19.9M	132.1M	156.6M	180.1M	189.1M
Net Tangible Assets	1.3B	1.0B	889.9M	897.8M	1.0B	1.1B
Property Plant And Equipment Net	3.0B	3.0B	2.9B	2.6B	2.6B	2.5B
Net Debt	1.7B	1.9B	1.9B	1.5B	1.6B	1.3B
Retained Earnings	(585.7M)	(882.9M)	(1.1B)	(1.4B)	(1.4B)	(1.3B)
Accounts Payable	14.1M	20.3M	34.7M	47.7M	35.4M	23.6M
Cash	59.1M	19.2M	34.9M	108M	102.3M	65.4M
Non Current Assets Total	3.0B	3.0B	2.9B	2.7B	2.7B	2.5B
Non Currrent Assets Other	15.2M	400K	14.7M	29.5M	83.8M	163.2M
Other Assets	24.7M	16.5M	600K	14.7M	13.2M	10.2M
Long Term Debt	1.7B	1.9B	1.9B	1.2B	1.6B	1.3B
Cash And Short Term Investments	59.1M	19.2M	34.9M	108M	102.3M	66.2M
Common Stock Total Equity	4.8M	5.3M	5.6M	11.1M	12.8M	13.4M
Common Stock Shares Outstanding	53.7M	75.2M	134.7M	178.4M	248.2M	141.2M
Liabilities And Stockholders Equity	3.3B	3.2B	3.1B	3.0B	3.1B	2.8B
Non Current Liabilities Total	1.7B	2.0B	2.1B	1.4B	1.7B	1.4B
Capital Lease Obligations	3.4M	3.1M	700K	500K	575K	1.1M
Inventory	102.2M	18.1M	27.1M	50.5M	1.0	0.95
Other Current Assets	5.1M	6.1M	4.5M	15M	17.2M	10.5M
Other Stockholder Equity	1.9B	1.9B	2.0B	2.3B	2.3B	1.9B
Total Liab	2.0B	2.1B	2.2B	2.1B	2.1B	1.7B
Long Term Investments	31.4M	75.1M	19.4M	20.6M	15.7M	29.4M
Property Plant And Equipment Gross	3.0B	3.0B	2.9B	2.6B	3.2B	2.6B
Total Current Assets	277.9M	140.8M	176.2M	349.9M	369.4M	259.4M
Non Current Liabilities Other	26.4M	19.7M	15.2M	14.3M	60.3M	63.3M
Short Term Debt	3.4M	3.1M	700K	446.4M	83.2M	83.6M
Common Stock	5.6M	11.1M	13.8M	23M	26.4M	27.7M
Property Plant Equipment	2.6B	3.0B	3.0B	2.9B	3.3B	2.4B
Short Long Term Debt Total	1.7B	1.9B	1.9B	1.6B	1.7B	1.6B
Net Receivables	110.5M	99M	99.2M	186.3M	249.9M	131.7M
Net Invested Capital	3.0B	3.0B	2.8B	2.5B	2.7B	2.9B
Net Working Capital	28.2M	44.7M	58.3M	(395.7M)	49.5M	52.0M

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When determining whether Borr Drilling is a strong investment it is important to analyze Borr Drilling's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Borr Drilling's future performance. For an informed investment choice regarding Borr Stock, refer to the following important reports:

How To Invest In Borr

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Is Borr Stock a good investment?

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What is Borr Drilling's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Borr Drilling. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in Borr Stock, please use our How to Invest in Borr Drilling guide.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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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

0.19

Revenue Per Share

3.351

Quarterly Revenue Growth

0.36

Return On Assets

0.0559

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.

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Borr Depreciation And Amortization vs Reconciled Depreciation Analysis

Depreciation And Amortization vs Reconciled Depreciation

Depreciation And Amortization vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Reconciled Depreciation

Borr Drilling fundamental ratios Correlations

Borr Drilling Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Borr Drilling fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Borr Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Property Plant Equipment	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Common Stock Total Equity	- 0.97	Retained Earnings
Common Stock	- 0.96	Retained Earnings
Accounts Payable	- 0.95	Retained Earnings
Retained Earnings	- 0.94	Other Liab
Total Liab	- 0.91	Retained Earnings
Common Stock Shares Outstanding	- 0.91	Net Tangible Assets