Borr Drilling Ltd - Asset Resilience Ratio
Borr Drilling Ltd (BORR) has an Asset Resilience Ratio of 0.06% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See Borr Drilling Ltd (BORR) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2023)
This chart shows how Borr Drilling Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see BORR asset base.
Liquid Assets Composition Over Time
This chart breaks down Borr Drilling Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore BORR long-term investment intensity to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $1.80 Million | 0.06% |
| Total Liquid Assets | $1.80 Million | 0.06% |
Asset Resilience Insights
- Limited Liquidity: Borr Drilling Ltd maintains only 0.06% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Borr Drilling Ltd Industry Peers by Asset Resilience Ratio
Compare Borr Drilling Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
PARATUS ENERGY SERVICES LTD
OL:PLSV |
Oil & Gas Drilling | 18.83% |
|
Precision Drilling Corporation
TO:PD |
Oil & Gas Drilling | 39.70% |
|
PHX Energy Services Corporation
TO:PHX |
Oil & Gas Drilling | 1.81% |
|
Western Energy Services Corp.
TO:WRG |
Oil & Gas Drilling | 0.70% |
|
Stampede Drilling Inc
V:SDI |
Oil & Gas Drilling | 17.84% |
|
Sinopec Oilfield Service Corp
SHG:600871 |
Oil & Gas Drilling | 0.06% |
|
Lapidoth-Heletz Limited Partnership
TA:LPHL-L |
Oil & Gas Drilling | 85.30% |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828 |
Oil & Gas Drilling | 10.37% |
Annual Asset Resilience Ratio for Borr Drilling Ltd (2016–2023)
The table below shows the annual Asset Resilience Ratio data for Borr Drilling Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.07% | $2.25 Million | $3.08 Billion | -- |
| 2019-12-31 | 0.00% | $0.00 | $3.28 Billion | -- |
| 2018-12-31 | 0.14% | $4.20 Million | $2.91 Billion | -0.12pp |
| 2017-12-31 | 0.26% | $4.40 Million | $1.67 Billion | -- |
| 2016-12-31 | 0.00% | $0.00 | $158.09 Million | -- |
About Borr Drilling Ltd
Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry in the Americas, Southeast Asia, West Africa, the Middle East, North Africa, and Europe. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, such as the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for… Read more