Borr Drilling Limited (BORR)
Borr Drilling Statistics
Share Statistics
Borr Drilling has 246.43M shares outstanding. The number of shares has increased by -0.56% in one year.
| Shares Outstanding | 246.43M |
| Shares Change (YoY) | -0.56% |
| Shares Change (QoQ) | 0.22% |
| Owned by Institutions (%) | 2.47% |
| Shares Floating | 222.73M |
| Failed to Deliver (FTD) Shares | 36 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 19.02M, so 7.72% of the outstanding shares have been sold short.
| Short Interest | 19.02M |
| Short % of Shares Out | 7.72% |
| Short % of Float | 8.44% |
| Short Ratio (days to cover) | 4.21 |
Valuation Ratios
The PE ratio is 81.35 and the forward PE ratio is 5.29. Borr Drilling's PEG ratio is -0.77.
| PE Ratio | 81.35 |
| Forward PE | 5.29 |
| PS Ratio | 2.33 |
| Forward PS | 0.6 |
| PB Ratio | 1.83 |
| P/FCF Ratio | -10.92 |
| PEG Ratio | -0.77 |
Enterprise Valuation
Borr Drilling Limited has an Enterprise Value (EV) of 3.39B.
| EV / Earnings | 153.52 |
| EV / Sales | 4.4 |
| EV / EBITDA | 9.39 |
| EV / EBIT | 13.55 |
| EV / FCF | -20.6 |
Financial Position
The company has a current ratio of 1.14, with a Debt / Equity ratio of 1.73.
| Current Ratio | 1.14 |
| Quick Ratio | 1.14 |
| Debt / Equity | 1.73 |
| Total Debt / Capitalization | 63.37 |
| Cash Flow / Debt | -0.03 |
| Interest Coverage | 1.34 |
Financial Efficiency
Return on equity (ROE) is 0.02% and return on capital (ROIC) is 3.67%.
| Return on Equity (ROE) | 0.02% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | 3.67% |
| Revenue Per Employee | $409,554.14 |
| Profits Per Employee | $11,730.36 |
| Employee Count | 1,884 |
| Asset Turnover | 0.25 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 34M |
| Effective Tax Rate | 0.61 |
Stock Price Statistics
The stock price has increased by -58.97% in the last 52 weeks. The beta is 2.84, so Borr Drilling's price volatility has been higher than the market average.
| Beta | 2.84 |
| 52-Week Price Change | -58.97% |
| 50-Day Moving Average | 3.46 |
| 200-Day Moving Average | 5.03 |
| Relative Strength Index (RSI) | 23.6 |
| Average Volume (20 Days) | 5.22M |
Income Statement
In the last 12 months, Borr Drilling had revenue of 771.6M and earned 22.1M in profits. Earnings per share was 0.09.
| Revenue | 771.6M |
| Gross Profit | 423M |
| Operating Income | 250.4M |
| Net Income | 22.1M |
| EBITDA | 361.24M |
| EBIT | 250.4M |
| Earnings Per Share (EPS) | 0.09 |
Balance Sheet
The company has 102.5M in cash and 1.7B in debt, giving a net cash position of -1.6B.
| Cash & Cash Equivalents | 102.5M |
| Total Debt | 1.7B |
| Net Cash | -1.6B |
| Retained Earnings | -1.36B |
| Total Assets | 3.34B |
| Working Capital | 169.6M |
Cash Flow
In the last 12 months, operating cash flow was -50.7M and capital expenditures -114M, giving a free cash flow of -164.7M.
| Operating Cash Flow | -50.7M |
| Capital Expenditures | -114M |
| Free Cash Flow | -164.7M |
| FCF Per Share | -0.67 |
Margins
Gross margin is 54.82%, with operating and profit margins of 32.45% and 2.86%.
| Gross Margin | 54.82% |
| Operating Margin | 32.45% |
| Pretax Margin | 7.27% |
| Profit Margin | 2.86% |
| EBITDA Margin | 46.82% |
| EBIT Margin | 32.45% |
| FCF Margin | -21.35% |
Dividends & Yields
BORR pays an annual dividend of $0.29, which amounts to a dividend yield of 9.13%.
| Dividend Per Share | $0.29 |
| Dividend Yield | 9.13% |
| Dividend Growth (YoY) | -60% |
| Payout Ratio | 90.63% |
| Earnings Yield | 3.54% |
| FCF Yield | -26.31% |
Analyst Forecast
The average price target for BORR is $9, which is 254.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $9 |
| Price Target Difference | 254.3% |
| 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 | 0.31 |
| Piotroski F-Score | 5 |