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Borr Drilling (STU:B2W) Research & Development : €0.0 Mil (TTM As of Dec. 2023)


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What is Borr Drilling Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Borr Drilling's Research & Development for the three months ended in Dec. 2023 was €0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €0.0 Mil.

Borr Drilling Research & Development Historical Data

The historical data trend for Borr Drilling's Research & Development 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.

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Borr Drilling Research & Development Chart

Borr Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Borr Drilling Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Borr Drilling Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

* 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  (STU:B2W) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Borr Drilling Research & Development Related Terms

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Borr Drilling (STU:B2W) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Borr Drilling Ltd (STU:B2W) » Definitions » Research & Development
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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 BORR:Norway 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.

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