Growth Metrics

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 150.0% year-over-year from $263.4 million in Q4 2022, and down 200.0% on a QoQ basis from $131.7 million in Q3 2023.

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

  • Quarterly Asset Writedowns and Impairment fell 150.0% year-over-year to -$131.7 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $263.4 million (down 13.18% YoY) and the FY2022 annual result came in at -$131.7 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment fell 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 $263.4 million in Q4 2022 and bottomed at -$131.7 million in Q4 2023.
  • The 5-year median for Asset Writedowns and Impairment is $8.8 million (2020), against an average of $25.6 million.
  • The widest annual swing landed in 2021, when Asset Writedowns and Impairment soared 9737.5%; it then slumped 150.0% in 2023.
  • Tracing BORR's Asset Writedowns and Impairment over 5 years: stood at -$11.4 million in 2019, then surged by 92.98% to -$800000.0 in 2020, then plunged by 9537.5% to -$77.1 million in 2021, then jumped by 441.63% to $263.4 million in 2022, then tumbled by 150.0% to -$131.7 million in 2023.
  • Per Business Quant, the three latest BORR Asset Writedowns and Impairment figures stand at -$131.7 million (Q4 2023), $131.7 million (Q3 2023), and $263.4 million (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn -

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
Dec 31, 2022 263.40 Mn
Dec 31, 2022 263.40 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
Dec 31, 2020 154.20 Mn
Dec 31, 2020 154.20 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
Dec 31, 2019 -11.40 Mn
Dec 31, 2019 -11.40 Mn
Sep 30, 2019 22.80 Mn
Sep 30, 2019 22.80 Mn
Mar 31, 2019 -11.40 Mn
Mar 31, 2019 -11.40 Mn