GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Borr Drilling Ltd (OSL:BORR) » Definitions » Buildings And Improvements

Borr Drilling (OSL:BORR) Buildings And Improvements : kr57 Mil (As of Dec. 2023)


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

What is Borr Drilling Buildings And Improvements?

Borr Drilling's quarterly buildings and improvements declined from Jun. 2023 (kr38 Mil) to Sep. 2023 (kr38 Mil) but then increased from Sep. 2023 (kr38 Mil) to Dec. 2023 (kr57 Mil).

Borr Drilling's annual buildings and improvements declined from Dec. 2021 (kr1,217 Mil) to Dec. 2022 (kr35 Mil) but then increased from Dec. 2022 (kr35 Mil) to Dec. 2023 (kr57 Mil).

Borr Drilling Buildings And Improvements Historical Data

The historical data trend for Borr Drilling's Buildings And Improvements 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 Buildings And Improvements Chart

Borr Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial 2,358.87 1,179.81 1,216.94 34.58 56.97

Borr Drilling Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.58 36.86 37.79 37.54 56.97

Borr Drilling Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.

Borr Drilling (OSL:BORR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Borr Drilling Ltd (OSL:BORR) » Definitions » Buildings And Improvements
Comparable Companies
OSL:ODL OSL:SHLF OSL:NOL OSL:DDRIL OSL:OTL OSL:DVD OSL:ARCH OSL:AWDR OSL:NODL ADX:ADNOCDRILL NE PTEN RIG SAU:2381 SHSE:600871 HP SDRL DO NBR TSX:PD
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.