Borr Drilling (BORR) Asset Writedowns and Impairment (2019 - 2026)

Borr Drilling (BORR) has reported Asset Writedowns and Impairment for 5 consecutive years, with -$131.7 million the latest figure, recorded in Q4 2023.

• In Q4 2023, Asset Writedowns and Impairment fell 8.8382373888e+17% year-over-year to -$131.7 million; the TTM figure through Dec 2023 stood at $0.0 (down 100.0% YoY), while the FY2022 annual figure was $131.7 million, changed N/A from the prior year.
• Asset Writedowns and Impairment slipped to -$131.7 million in Q4 2023 per BORR's latest filing, from $131.7 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $154.2 million in Q4 2020 and bottomed at -$131.7 million in Q4 2023.
• Historically, Asset Writedowns and Impairment has averaged $18.7 million across 5 years, with a median of $9.6 million in 2020.
• Annual changes were most pronounced in 2021 — Asset Writedowns and Impairment soared 9537.5% — and 2023, when it plunged 8.8382373888e+17%.
• Borr Drilling's Asset Writedowns and Impairment stood at $22.8 million in 2019, then surged by 576.32% to $154.2 million in 2020, then slumped by 150.0% to -$77.1 million in 2021, then jumped by 100.0% to $0.0 in 2022, then slumped by 8.8382373888e+17% 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 $0.0 in Q4 2022.