Borr Drilling Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	227.8	61.6	102.5	108	34.9	19.2
Cash & Short-Term Investments	227.8	61.6	102.5	108	34.9	19.2
Cash Growth	22.67%	-39.90%	-5.09%	209.46%	81.77%	-67.51%
Accounts Receivable	369.4	382.1	230.2	170.6	99.9	82.3
Other Receivables	21.2	22.1	25.7	20.3	13.2	20.9
Receivables	390.6	404.2	255.9	190.9	113.1	103.2
Prepaid Expenses	12.8	8.4	11	9.6	6.6	6.4
Restricted Cash	1	0.9	0.1	2.5	3.3	-
Other Current Assets	33.2	41.5	40.4	38.9	18.3	12
Total Current Assets	665.4	516.6	409.9	349.9	176.2	140.8
Property, Plant & Equipment	2,773	2,827	2,588	2,598	2,871	2,967
Long-Term Investments	12.2	14.5	15.7	20.6	19.4	62.7
Long-Term Accounts Receivable	12	1.5	1.5	1.5	-	-
Long-Term Deferred Tax Assets	24.1	18.6	19.3	3.5	0.7	0.2
Long-Term Deferred Charges	35	40.7	45.1	19.4	4.4	-
Other Long-Term Assets	0.4	0.9	0.3	8.6	8.3	0.4
Total Assets	3,522	3,420	3,080	3,002	3,080	3,171
Accounts Payable	58.4	81.6	35.5	47.7	34.7	20.4
Accrued Expenses	168.3	147.8	157.3	192.8	72.8	60
Current Portion of Long-Term Debt	118.1	118.1	82.9	445.9	-	-
Current Portion of Leases	0.2	0.4	0.5	0.5	0.7	3.1
Current Income Taxes Payable	10	14.3	6.7	-	4.4	3.7
Current Unearned Revenue	52.9	43	59.5	57.3	3.9	2.6
Other Current Liabilities	1.3	4.4	18	1.4	1.4	6.2
Total Current Liabilities	409.2	409.6	360.4	745.6	117.9	96
Long-Term Debt	1,938	1,993	1,619	1,191	1,916	1,906
Long-Term Leases	0.6	0.8	1.1	1.7	1.3	2.9
Long-Term Unearned Revenue	33.5	21	56.6	68.7	2.5	-
Other Long-Term Liabilities	1	2.4	59.2	96.8	152.8	129.2
Total Liabilities	2,382	2,426	2,096	2,104	2,190	2,134
Common Stock	29.5	26.5	26.5	23	13.8	11
Additional Paid-In Capital	2,361	2,265	2,325	2,266	1,978	1,947
Retained Earnings	-1,231	-1,277	-1,359	-1,381	-1,088	-895.2
Treasury Stock	-19.5	-20.9	-8.9	-9.8	-13.7	-26.2
Total Common Equity	1,140	993.3	984	897.8	889.9	1,037
Shareholders' Equity	1,140	993.3	984	897.8	889.9	1,037
Total Liabilities & Equity	3,522	3,420	3,080	3,002	3,080	3,171
Total Debt	2,057	2,112	1,703	1,639	1,918	1,912
Net Cash (Debt)	-1,829	-2,050	-1,601	-1,531	-1,883	-1,893
Net Cash Per Share	-7.22	-8.06	-6.45	-8.58	-13.98	-25.18
Filing Date Shares Outstanding	285.87	244.93	253	253.95	151.67	136.76
Total Common Shares Outstanding	285.87	244.93	252.58	228.95	136.81	109.43
Working Capital	256.2	107	49.5	-395.7	58.3	44.8
Book Value Per Share	3.99	4.06	3.90	3.92	6.50	9.47
Tangible Book Value	1,140	993.3	984	897.8	889.9	1,037
Tangible Book Value Per Share	3.99	4.06	3.90	3.92	6.50	9.47
Buildings	-	-	5.4	3.5	135.5	-
Machinery	3,608	3,551	3,176	3,072	3,122	-
Order Backlog	-	1,383	1,207	929.8	324.8	132.1

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q