Borr Drilling Limited (BORR)
Borr Drilling Statistics
Share Statistics
Borr Drilling has 246.43M shares outstanding. The number of shares has increased by -2.6% in one year.
| Shares Outstanding | 246.43M |
| Shares Change (YoY) | -2.6% |
| Shares Change (QoQ) | -1.89% |
| Owned by Institutions (%) | 49.85% |
| Shares Floating | 222.73M |
| Failed to Deliver (FTD) Shares | 6.96K |
| FTD / Avg. Volume | 0.12% |
Short Selling Information
The latest short interest is 19.82M, so 8.09% of the outstanding shares have been sold short.
| Short Interest | 19.82M |
| Short % of Shares Out | 8.09% |
| Short % of Float | 10.99% |
| Short Ratio (days to cover) | 5.5 |
Valuation Ratios
The PE ratio is 11.92 and the forward PE ratio is 11.28. Borr Drilling's PEG ratio is 0.05.
| PE Ratio | 11.92 |
| Forward PE | 11.28 |
| PS Ratio | 0.97 |
| Forward PS | 0.4 |
| PB Ratio | 0.99 |
| P/FCF Ratio | -2.95 |
| PEG Ratio | 0.05 |
Enterprise Valuation
Borr Drilling has an Enterprise Value (EV) of 3.03B.
| EV / Sales | 3 |
| EV / EBITDA | 6 |
| EV / EBIT | 39.17 |
| EV / FCF | -9.12 |
Financial Position
The company has a current ratio of 1.26, with a Debt / Equity ratio of 2.13.
| Current Ratio | 1.26 |
| Quick Ratio | 1.26 |
| Debt / Equity | 2.13 |
| Debt / EBITDA | 4.18 |
| Debt / FCF | -6.36 |
| Interest Coverage | 1.86 |
Financial Efficiency
Return on Equity is 8.27% and Return on Invested Capital is 7%.
| Return on Equity | 8.27% |
| Return on Assets | 2.4% |
| Return on Invested Capital | 7% |
| Revenue Per Employee | $484.24K |
| Profits Per Employee | $39.34K |
| Employee Count | 2,087 |
| Asset Turnover | 0.3 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 58.2M |
| Effective Tax Rate | 41.48% |
Stock Price Statistics
The stock price has increased by -66.79% in the last 52 weeks. The beta is 2.22, so Borr Drilling's price volatility has been higher than the market average.
| Beta | 2.22 |
| 52-Week Price Change | -66.79% |
| 50-Day Moving Average | 2.33 |
| 200-Day Moving Average | 4.23 |
| Relative Strength Index (RSI) | 38.07 |
| Average Volume (20 Days) | 6.03M |
Income Statement
In the last 12 months, Borr Drilling had revenue of 1.01B and earned 82.1M in profits. Earnings per share was 0.33.
| Revenue | 1.01B |
| Gross Profit | 554.2M |
| Operating Income | 374.2M |
| Net Income | 82.1M |
| EBITDA | 505M |
| EBIT | 373.8M |
| Earnings Per Share (EPS) | 0.33 |
Balance Sheet
The company has 61.6M in cash and 2.11B in debt, giving a net cash position of -2.05B.
| Cash & Cash Equivalents | 61.6M |
| Total Debt | 2.11B |
| Net Cash | -2.05B |
| Retained Earnings | -1.28B |
| Total Assets | 3.42B |
| Working Capital | 107M |
Cash Flow
In the last 12 months, operating cash flow was 77.3M and capital expenditures -409.4M, giving a free cash flow of -332.1M.
| Operating Cash Flow | 77.3M |
| Capital Expenditures | -409.4M |
| Free Cash Flow | -332.1M |
| FCF Per Share | -1.32 |
Margins
Gross margin is 54.84%, with operating and profit margins of 37.03% and 8.12%.
| Gross Margin | 54.84% |
| Operating Margin | 37.03% |
| Pretax Margin | 13.88% |
| Profit Margin | 8.12% |
| EBITDA Margin | 49.97% |
| EBIT Margin | 37.03% |
| FCF Margin | -32.86% |
Dividends & Yields
BORR pays an annual dividend of $0.29, which amounts to a dividend yield of 10.34%.
| Dividend Per Share | $0.29 |
| Dividend Yield | 10.34% |
| Dividend Growth (YoY) | -60% |
| Payout Ratio | 90.63% |
| Earnings Yield | 8.39% |
| FCF Yield | -33.94% |
Analyst Forecast
The average price target for BORR is $9, which is 397.2% higher than the current price. The consensus rating is "Buy".
| Price Target | $9 |
| Price Target Difference | 397.2% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Dec 14, 2021. It was a backward split with a ratio of 1:2.
| Last Split Date | Dec 14, 2021 |
| Split Type | backward |
| Split Ratio | 1:2 |
Scores
| Altman Z-Score | 0.26 |
| Piotroski F-Score | 6 |