Borr DrillingBORR -1.14%71 Quick Ratio is 1.63 as of Mar. 2026, which is 11% above its 10-year median of 1.47. GuruFocus rates BORR with a GF Score™ of 71/100 and a GF Value™ of $5.40 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,011 Oil & Gas companies, Borr Drilling ranks better than 65.18% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Borr Drilling's quick ratio for the quarter that ended in Mar. 2026 was 1.63.
Borr Drilling has a quick ratio of 1.63. It generally indicates good short-term financial strength.
The historical rank and industry rank for Borr Drilling's Quick Ratio or its related term are showing as below:
BORR'
s Quick Ratio Range Over the Past 10 Years
Min: 0.12 Med: 1.47 Max: 690.5
Current: 1.63
During the past 10 years, Borr Drilling's highest Quick Ratio was 690.50. The lowest was 0.12. And the median was 1.47.
BORR's Quick Ratio is ranked better than 65.18% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.12
vs BORR: 1.63
Borr Drilling (NYSE:BORR) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Borr Drilling Quick Ratio Related Terms
Borr Drilling Quick Ratio Historical Data
* Premium members only.
The historical data trend for Borr Drilling's Quick Ratio 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.
For the Oil & Gas Drilling subindustry, Borr Drilling's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Borr Drilling's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Borr Drilling's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Borr Drilling's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Borr Drilling (BORR) has a Quick Ratio of 1.63 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Borr Drilling and its competitors. This is 11% above median its historical median of 1.47. Over the past decade, Borr Drilling's Quick Ratio has ranged from 0.12 to 690.50. According to the industry distribution chart, Borr Drilling ranks #352 out of 1011 companies in the Oil & Gas industry, placing it in the top 34.8%.
Is Borr Drilling's Quick Ratio too high?
Borr Drilling's current Quick Ratio of 1.63 is 11% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 690.50. The Oil & Gas industry median Quick Ratio is 1.12. Borr Drilling's value of 1.63 is 45.5% above this industry median. Based on the distribution chart, Borr Drilling ranks #352 out of 1011 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Borr Drilling has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borr Drilling's Quick Ratio compare to NBR and SOC?
According to the Oil & Gas industry distribution chart, Borr Drilling ranks #352 out of 1011 companies for Quick Ratio. This puts Borr Drilling in the upper half of its industry. The industry median Quick Ratio is 1.12. Borr Drilling's value of 1.63 is 45.5% above this benchmark. Historically, Borr Drilling's own Quick Ratio has ranged from 0.12 to 690.50 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.12, Borr Drilling has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Borr Drilling's current Quick Ratio of 1.63 is 45.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Borr Drilling and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borr Drilling's current Quick Ratio is 1.63, which is 11% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borr Drilling stock overvalued right now?
Based on GuruFocus' analysis, Borr Drilling (BORR) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.40, compared to a current price of $4.32 — trading 20% below its estimated fair value. The current Quick Ratio is 1.63, which is 11% above median its 10-year median of 1.47 and 45.5% above the Oil & Gas industry median of 1.12. Borr Drilling's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Borr Drilling (BORR), the current Quick Ratio is 1.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Borr Drilling (BORR) Overvalued in 2026?
Based on GuruFocus' analysis, Borr Drilling stock appears to be undervalued.
The current stock price of $4.32 is trading 20% below its estimated GF Value™ of $5.40.
GuruFocus considers Borr Drilling to be Modestly Undervalued.
Key valuation signals for BORR:
Quick Ratio: 1.63 (11% above median its 10-year median of 1.47)
GF Value™: $5.40 vs. price of $4.32 (20% below fair value)
Industry Position: 45.5% above the Oil & Gas median (#352 of 1011)
No single metric tells the full story. See the BORR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Borr Drilling Ltd is an offshore shallow-water drilling contractor providing services to the oil and gas industry. Its operations focus on the ownership, contracting, and operation of jack-up rigs in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production (E&P) customers. The company contracts its rigs on a dayrate basis to drill wells for integrated oil companies, state-owned national oil companies, and independent oil and gas companies. It operates in one reportable segment.
71GF Score
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