Balance Sheet Dive: Borr Drilling Ltd (BORR)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $3.36 in the prior trading day, Borr Drilling Ltd (NYSE: BORR) closed at $3.40, up 1.19%. In other words, the price has increased by $1.19 from its previous closing price. On the day, 6.06 million shares were traded. BORR stock price reached its highest trading level at $3.42 during the session, while it also had its lowest trading level at $3.22.

Ratios:

Our goal is to gain a better understanding of BORR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 2.02 whereas as Long-Term Debt/Eq ratio is at 1.91.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BORR now has a Market Capitalization of 837862016 and an Enterprise Value of 2668196352. As of this moment, Borr’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.25, and their Forward P/E ratio for the next fiscal year is 5.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 2.756 whereas that against EBITDA is 5.566.

Stock Price History:

The Beta on a monthly basis for BORR is 2.84, which has changed by -0.45365852 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, BORR has reached a high of $7.42, while it has fallen to a 52-week low of $3.26. The 50-Day Moving Average of the stock is -9.25%, while the 200-Day Moving Average is calculated to be -35.84%.

Shares Statistics:

The stock has traded on average 4.71M shares per day over the past 3-months and 6126670 shares per day over the last 10 days, according to various share statistics. A total of 251.18M shares are outstanding, with a floating share count of 225.40M. Insiders hold about 8.53% of the company’s shares, while institutions hold 80.45% stake in the company. Shares short for BORR as of 1736899200 were 19015113 with a Short Ratio of 4.04, compared to 1734048000 on 15304420. Therefore, it implies a Short% of Shares Outstanding of 19015113 and a Short% of Float of 10.520000999999999.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.014880953The current Payout Ratio is 110.50% for BORR, which recently paid a dividend on 2024-08-21 with an ex-dividend date of 1732838400. Stock splits for the company last occurred on 2021-12-14 when the company split stock in a 1:2 ratio.

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