Borr Drilling (BORR) Asset Writedowns and Impairment (2019 - 2023)

Borr Drilling (BORR) reported Asset Writedowns and Impairment of -$131.7 million for Q4 2023, down 200.0% quarter-over-quarter from $131.7 million in Q3 2023.

Borr Drilling (BORR) Asset Writedowns and Impairment (2019 - 2023) Analysis & Trends

Borr Drilling (BORR) has 5 years of Asset Writedowns and Impairment data on file, last reported at -$131.7 million in Q4 2023.

  • Asset Writedowns and Impairment for Q4 2023 came in at -$131.7 million, changed N/A year-over-year; the trailing twelve-month figure through Sep 2023 was $124.4 million (up 194.46% YoY), and the FY2022 annual result was $131.7 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment declined to -$131.7 million in Q4 2023 per BORR's latest filing, from $131.7 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $131.7 million in Q3 2023 and troughed at -$131.7 million in Q4 2023.
  • A 5-year average of -$14.6 million and a median of -$11.4 million in 2019 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2020 and 2021: Asset Writedowns and Impairment tumbled 353.95% in 2020, then surged 9737.5% in 2021.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at -$11.4 million in 2019, then jumped by 92.98% to -$800000.0 in 2020, then slumped by 9537.5% to -$77.1 million in 2021, then surged by 90.53% to -$7.3 million in 2022, then tumbled by 1704.11% to -$131.7 million in 2023.
  • Business Quant data shows BORR's Asset Writedowns and Impairment at -$131.7 million in Q4 2023, $131.7 million in Q3 2023, and -$7.3 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 -131.70 Mn
Dec 31, 2023 -131.70 Mn
Sep 30, 2023 131.70 Mn
Sep 30, 2023 131.70 Mn
Sep 30, 2022 -7.30 Mn
Sep 30, 2022 -7.30 Mn
Jun 30, 2022 -124.40 Mn
Jun 30, 2022 -124.40 Mn
Dec 31, 2021 -77.10 Mn
Dec 31, 2021 -77.10 Mn
Sep 30, 2021 77.10 Mn
Sep 30, 2021 77.10 Mn
Mar 31, 2021 18.40 Mn
Mar 31, 2021 18.40 Mn
Sep 30, 2020 -800,000.00
Sep 30, 2020 -800,000.00
Jun 30, 2020 -57.90 Mn
Jun 30, 2020 -57.90 Mn
Mar 31, 2020 -18.40 Mn
Mar 31, 2020 -18.40 Mn