Borr Drilling Ltd (BORR) — Defensive Interval Ratio

Latest as of June 2026: 472 days

Borr Drilling Ltd (BORR) has a Defensive Interval Ratio of 472 days as of June 2026. Defensive assets of $304.60 Million (cash $-, short-term investments $-, receivables $304.60 Million) cover 472 days of daily cash needs of $645.75K/day.

Defensive Interval Ratio

472 days
Days of operational coverage

Defensive Assets

$304.60 Million
Cash + ST Investments + Receivables

Daily Cash Need

$645.75K
Current Liabilities ÷ 365

Current Liabilities

$235.70 Million
USD

Borr Drilling Ltd Defensive Interval Ratio (2016–2025)

This chart shows how Borr Drilling Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 472 days, meaning defensive assets of $304.60 Million can fund 472 days of operations without new revenue. For the complete balance sheet picture, see BORR total assets.

Annual Defensive Interval Ratio for Borr Drilling Ltd (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Borr Drilling Ltd from 2016 to 2025, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See BORR current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 340 days $327.00 Million $960.82K/day $- $- ▼ -20 days
2024 360 days $404.20 Million $1.12 Million/day $- $- ▲ +99 days
2023 261 days $258.15 Million $987.40K/day $- $2.25 Million ▲ +168 days
2022 93 days $190.90 Million $2.04 Million/day $- $- ▼ -257 days
2021 350 days $113.10 Million $323.01K/day $- $- ▼ -26 days
2020 376 days $99.00 Million $263.01K/day $- $- ▲ +215 days
2019 162 days $110.50 Million $684.11K/day $- $0.00 ▼ -121 days
2018 282 days $92.20 Million $326.85K/day $- $4.20 Million ▲ +118 days
2017 164 days $9.50 Million $57.81K/day $- $4.40 Million ▲ +164 days
2016 0 days $0.00 $668.49/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)