Borr Drilling (OSL:BORR) Debt-to-Revenue : 1.93 (As of Dec. 2023)

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

What is Borr Drilling Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Borr Drilling's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr880 Mil. Borr Drilling's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr17,077 Mil. Borr Drilling's annualized Revenue for the quarter that ended in Dec. 2023 was kr9,309 Mil. Borr Drilling's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 1.93.

Borr Drilling Debt-to-Revenue Historical Data

The historical data trend for Borr Drilling's Debt-to-Revenue 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 Debt-to-Revenue Chart

Borr Drilling Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

Get a 7-Day Free Trial

5.13

6.21

7.81

3.69

2.21

Borr Drilling Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Revenue	Get a 7-Day Free Trial															2.76	2.62	2.19	2.13	1.93

Competitive Comparison of Borr Drilling's Debt-to-Revenue

For the Oil & Gas Drilling subindustry, Borr Drilling's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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 Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Borr Drilling's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Borr Drilling's Debt-to-Revenue falls into.

Borr Drilling Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Borr Drilling's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(879.82	+	17077.369)	/	8139.917
	=	2.21

Borr Drilling's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(879.82	+	17077.369)	/	9308.792
	=	1.93

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.

Borr Drilling Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of Borr Drilling's Debt-to-Revenue 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 » Debt-to-Revenue

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.