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. Check BORR PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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. See Borr Drilling Ltd balance sheet quality to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see how much is Borr Drilling Ltd worth.
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% |
|
Northern Ocean Ltd
OL:NOL |
Oil & Gas Drilling | 5.54% |
|
Deep Value Driller AS
OL:DVD |
Oil & Gas Drilling | 13.78% |
|
Awilco Drilling PLC
OL:AWDR |
Oil & Gas Drilling | 76.44% |
|
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% |
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