Borr Historical Income Statement
| BORR Stock | USD 5.70 0.08 1.42% |
Historical analysis of Borr Drilling income statement accounts such as Discontinued Operations of 0.0, Interest Expense of 166.3 M or Selling General Administrative of 38 M can show how well Borr Drilling performed in making a profits. Evaluating Borr Drilling income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Borr Drilling's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Borr Drilling latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Borr Drilling is a good buy for the upcoming year.
Borr |
About Borr Income Statement Analysis
Borr Drilling Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Borr Drilling shareholders. The income statement also shows Borr investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Borr Drilling Income Statement Chart
Borr Drilling Income Statement is one of the three primary financial statements used for reporting Borr's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Borr Drilling revenue and expense. Borr Drilling Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Borr Drilling's Net Income is relatively stable compared to the past year. As of 05/08/2024, Income Tax Expense is likely to grow to about 37 M, while Gross Profit is likely to drop slightly above 161.6 M. Add Fundamental
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Borr Drilling's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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.At this time, Borr Drilling's Net Income is relatively stable compared to the past year. As of 05/08/2024, Income Tax Expense is likely to grow to about 37 M, while Gross Profit is likely to drop slightly above 161.6 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 |
Borr Drilling income statement Correlations
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Borr Drilling Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Borr Drilling income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 11.2M | 16.2M | 9.7M | 18.4M | 46.1M | 48.4M | |
| Interest Expense | 70.4M | 87.4M | 92.9M | 125.4M | 158.4M | 166.3M | |
| Selling General Administrative | 50.4M | 49.1M | 34.7M | 36.8M | 45.1M | 38.0M | |
| Total Revenue | 334.1M | 307.5M | 245.3M | 443.8M | 800.7M | 840.8M | |
| Gross Profit | 212.5M | 189.6M | 125.7M | 327.3M | 306.7M | 161.6M | |
| Other Operating Expenses | 479.9M | 437.4M | 334.8M | 418.2M | 541.5M | 362.9M | |
| Operating Income | (145.8M) | (117.6M) | (91.6M) | (14.7M) | 259.2M | 272.2M | |
| Net Income From Continuing Ops | (299.1M) | (305.2M) | (193M) | (292.8M) | (27.6M) | (29.0M) | |
| Ebit | (145.8M) | (117.6M) | (91.6M) | (14.7M) | 259.2M | 272.2M | |
| Cost Of Revenue | 121.6M | 117.9M | 119.6M | 116.5M | 494.1M | 518.8M | |
| Total Operating Expenses | 358.3M | 319.5M | 215.2M | 301.7M | 47.4M | 45.1M | |
| Income Before Tax | (296.9M) | (289M) | (183.3M) | (274.4M) | 53.1M | 55.8M | |
| Total Other Income Expense Net | (151.1M) | (171.4M) | (91.7M) | (259.7M) | (206.1M) | (195.8M) | |
| Net Income Applicable To Common Shares | (297.6M) | (317.6M) | (193M) | (292.8M) | (263.5M) | (276.7M) | |
| Net Income | (308.1M) | (305.2M) | (193M) | (292.8M) | 22.1M | 23.2M | |
| Income Tax Expense | 11.2M | 16.2M | 9.7M | 18.4M | 35.3M | 37.0M | |
| Net Interest Income | (83.7M) | (97M) | (114.7M) | (168.9M) | (180.9M) | (171.9M) | |
| Interest Income | 1.5M | 200K | 3.9M | 5.4M | 4.9M | 3.2M | |
| Depreciation And Amortization | 70.1M | 117.9M | 119.6M | 116.5M | 121.8M | 105.8M | |
| Ebitda | (75.7M) | 300K | 28M | 101.8M | 381.1M | 400.1M | |
| Reconciled Depreciation | 101.4M | 117.9M | 119.6M | 116.5M | 114.9M | 109.6M |
Borr Drilling Investors Sentiment
The influence of Borr Drilling's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Borr. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Borr Drilling's public news can be used to forecast risks associated with an investment in Borr. The trend in average sentiment can be used to explain how an investor holding Borr can time the market purely based on public headlines and social activities around Borr Drilling. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Borr Drilling's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Borr Drilling's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Borr Drilling's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Borr Drilling.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Borr Drilling in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Borr Drilling's short interest history, or implied volatility extrapolated from Borr Drilling options trading.
Pair Trading with Borr Drilling
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Borr Drilling position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Borr Drilling will appreciate offsetting losses from the drop in the long position's value.Moving together with Borr Stock
| 0.73 | NBR | Nabors Industries | PairCorr |
Moving against Borr Stock
| 0.63 | AE | Adams Resources Energy Financial Report 14th of May 2024 | PairCorr |
| 0.56 | AR | Antero Resources Corp | PairCorr |
| 0.45 | E | Eni SpA ADR | PairCorr |
| 0.42 | PDS | Precision Drilling | PairCorr |
The ability to find closely correlated positions to Borr Drilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Borr Drilling when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Borr Drilling - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Borr Drilling to buy it.
The correlation of Borr Drilling is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Borr Drilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Borr Drilling moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Borr Drilling can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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.