Borr Drilling Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	246	379.7	61.6	102.5	108	34.9
Cash & Short-Term Investments	246	379.7	61.6	102.5	108	34.9
Cash Growth	44.71%	516.40%	-39.90%	-5.09%	209.46%	81.77%
Accounts Receivable	230.8	191.8	184.3	56.2	43	28.5
Other Receivables	125	135.2	192.8	168.7	123	68.8
Total Trade Receivables	355.8	327	377.1	224.9	166	97.3
Other Current Assets	68.9	61.7	77.9	82.5	75.9	44
Total Current Assets	670.7	768.4	516.6	409.9	349.9	176.2
Net Property, Plant & Equipment	3,070	2,745	2,826	2,587	2,597	2,870
Long-Term Investments	10.6	11.8	14.5	15.7	20.6	19.4
Other Long-Term Assets	51.9	100.7	62.5	67.3	34.7	14.7
Total Assets	3,803	3,626	3,420	3,080	3,002	3,080
Accounts Payable	43.5	33.8	81.6	35.5	47.7	34.7
Accrued Expenses	158.8	107.2	98.6	119.3	158.5	60.9
Short-Term Debt	129.3	129.3	118.1	82.9	445.9	-
Unearned Revenue	24.3	24.2	27.1	59.5	57.3	3.9
Other Current Liabilities	56.2	56.2	84.2	63.2	36.2	18.4
Total Current Liabilities	412.1	350.7	409.6	360.4	745.6	117.9
Long-Term Debt	2,176	2,021	1,993	1,619	1,191	1,916
Other Long-Term Liabilities	18.2	31.3	24.2	116.9	167.2	156.6
Total Long-Term Liabilities	2,194	2,052	2,017	1,736	1,358	2,073
Total Liabilities	2,606	2,403	2,426	2,096	2,104	2,190
Common Stock	31.6	31.6	26.5	26.5	23	13.8
Treasury Stock	-16.1	-18.1	-20.9	-8.9	-9.8	-13.7
Additional Paid-in Capital	2,443	2,441	2,265	2,325	2,266	1,978
Retained Earnings	-1,261	-1,232	-1,277	-1,359	-1,381	-1,088
Shareholders' Equity	1,197	1,223	993.3	984	897.8	889.9
Total Liabilities & Equity	3,803	3,626	3,420	3,080	3,002	3,080
Total Debt	2,305	2,150	2,111	1,702	1,637	1,916
Net Cash (Debt)	-2,059	-1,771	-2,049	-1,599	-1,529	-1,881
Net Cash Per Share	-6.95	-6.69	-8.05	-6.44	-8.57	-13.96
Book Value	1,197	1,223	993.3	984	897.8	889.9
Book Value Per Share	4.04	4.62	3.90	3.97	5.03	6.61
Tangible Book Value	1,197	1,223	993.3	984	897.8	889.9
Tangible Book Value Per Share	4.04	4.62	3.90	3.97	5.03	6.61

SEC Filings: 10-K · 10-Q