Borr Drilling Ltd (BORR)
4.125
+0.14
(+3.64%)
USD |
NYSE |
Nov 14, 11:13
Borr Drilling Debt to Equity Ratio: 2.022 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 2.022 |
| June 30, 2024 | 1.845 |
| March 31, 2024 | 1.917 |
| December 31, 2023 | 1.729 |
| September 30, 2023 | 1.778 |
| June 30, 2023 | 1.809 |
| March 31, 2023 | 1.991 |
| December 31, 2022 | 1.823 |
| September 30, 2022 | 2.107 |
| June 30, 2022 | 2.705 |
| March 31, 2022 | 2.200 |
| December 31, 2021 | 2.153 |
| September 30, 2021 | 2.044 |
| June 30, 2021 | 1.974 |
| Date | Value |
|---|---|
| March 31, 2021 | 1.856 |
| December 31, 2020 | 1.838 |
| September 30, 2020 | 1.789 |
| June 30, 2020 | 1.691 |
| March 31, 2020 | 1.500 |
| December 31, 2019 | 1.321 |
| September 30, 2019 | 1.174 |
| June 30, 2019 | 1.146 |
| March 31, 2019 | 0.9618 |
| December 31, 2018 | 0.7675 |
| September 30, 2018 | 0.597 |
| June 30, 2018 | 0.4774 |
| March 31, 2018 | 0.1566 |
| December 31, 2017 | 0.0584 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.321
Minimum
Dec 2019
2.705
Maximum
Jun 2022
1.905
Average
1.851
Median
Debt to Equity Ratio Benchmarks
| Golar LNG Ltd | 0.5626 |
| DHT Holdings Inc | 0.3994 |
| Nordic American Tankers Ltd | 0.5434 |
| Nabors Industries Ltd | 13.08 |
| Teekay Corp Ltd | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.343B |
| Total Liabilities (Quarterly) | 2.355B |
| Shareholders Equity (Quarterly) | 988.20M |
| Current Ratio | 1.411 |
| Net Debt Paydown Yield | -5.21% |