Borr Drilling (OSL:BORR) Gross-Profit-to-Asset % : 24.59% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Borr Drilling Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Borr Drilling's annualized Gross Profit for the quarter that ended in Dec. 2023 was kr8,009 Mil. Borr Drilling's average Total Assets over the quarter that ended in Dec. 2023 was kr32,571 Mil. Therefore, Borr Drilling's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 24.59%.

Borr Drilling Gross-Profit-to-Asset % Historical Data

The historical data trend for Borr Drilling's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Borr Drilling Gross-Profit-to-Asset % Chart

Borr Drilling Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

7.01

5.77

4.08

11.28

22.21

Borr Drilling Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															14.99	19.24	20.98	21.27	24.59

Competitive Comparison of Borr Drilling's Gross-Profit-to-Asset %

For the Oil & Gas Drilling subindustry, Borr Drilling's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Borr Drilling's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Borr Drilling's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Borr Drilling's Gross-Profit-to-Asset % falls into.

Borr Drilling Gross-Profit-to-Asset % Calculation

Borr Drilling's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	6901.417	/	( (29657.096	+	32493.207)	/ 2 )
	=	6901.417	/	31075.1515
	=	22.21 %

Borr Drilling's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	8009.104	/	( (32649.204	+	32493.207)	/ 2 )
	=	8009.104	/	32571.2055
	=	24.59 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Borr Drilling Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Borr Drilling's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Borr Drilling (OSL:BORR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Borr Drilling Ltd (OSL:BORR) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

BORR:USA BDRILLo:Sweden BORRo:UK 0BDR:UK B2W:Germany

Address

9 Par-la-Ville Road, S.E. Pearman Building, 2nd Floor, Hamilton, BMU, HM11

Website

http://www.borrdrilling.com

Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a fleet of 16 jack-up drilling rigs. Geographically the activities are carried out through Norway.