Borr Drilling (BORR) Asset Utilization Ratio (2020 - 2022)
Borr Drilling (BORR) has disclosed Asset Utilization Ratio for 3 consecutive years, with 0.02 as the latest value for Q4 2022.
- Quarterly Asset Utilization Ratio fell 69.18% to 0.02 in Q4 2022 from the year-ago period, while the trailing twelve-month figure was 0.02 through Dec 2022, down 69.18% year-over-year, with the annual reading at 0.29 for FY2025, 6.81% down from the prior year.
- Asset Utilization Ratio for Q4 2022 was 0.02 at Borr Drilling, down from 0.05 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.05 in Q4 2021, with the low at 0.02 in Q4 2022.
- Average Asset Utilization Ratio over 3 years is 0.04, with a median of 0.05 recorded in 2020.
- The sharpest move saw Asset Utilization Ratio grew 3.19% in 2021, then tumbled 69.18% in 2022.
- Over 3 years, Asset Utilization Ratio stood at 0.05 in 2020, then grew by 3.19% to 0.05 in 2021, then crashed by 69.18% to 0.02 in 2022.
- According to Business Quant data, Asset Utilization Ratio over the past three periods came in at 0.02, 0.05, and 0.05 for Q4 2022, Q4 2021, and Q4 2020 respectively.