Borr Drilling (BORR) Receivables Refunds (2018 - 2021)
Borr Drilling (BORR) reported Receivables Refunds of $1.9 million for Q4 2021, down 81.9% year-over-year from $10.5 million in Q4 2020, and little changed on a QoQ basis from $1.9 million in Q3 2021.
Borr Drilling (BORR) has 4 years of Receivables Refunds data on file, last reported at $1.9 million in Q4 2021.
- Quarterly Receivables Refunds fell 81.9% year-over-year to $1.9 million in Q4 2021, while the trailing twelve-month figure through Dec 2021 was $1.9 million (down 81.9% YoY) and the FY2021 annual result came in at $1.9 million, down 81.9% from the prior year.
- Receivables Refunds held at $1.9 million in Q4 2021 per BORR's latest filing, from $1.9 million in the prior quarter.
- Across five years, Receivables Refunds topped out at $11.6 million in Q4 2018 and bottomed at $1.9 million in Q3 2021.
- The 4-year median for Receivables Refunds is $10.5 million (2020), against an average of $9.1 million.
- The widest annual swing landed in 2019, when Receivables Refunds changed 0.0%; it then slumped 81.9% in 2021.
- Tracing BORR's Receivables Refunds over 4 years: stood at $11.6 million in 2018, then changed by 0.0% to $11.6 million in 2019, then slipped by 9.48% to $10.5 million in 2020, then tumbled by 81.9% to $1.9 million in 2021.
- Per Business Quant, the three latest BORR Receivables Refunds figures stand at $1.9 million (Q4 2021), $1.9 million (Q3 2021), and $5.1 million (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Refund Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 58.58 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| Date | Value |
|---|---|
| Dec 31, 2021 | 1.90 Mn |
| Sep 30, 2021 | 1.90 Mn |
| Jun 30, 2021 | 5.10 Mn |
| Mar 31, 2021 | 10.50 Mn |
| Dec 31, 2020 | 10.50 Mn |
| Sep 30, 2020 | 10.50 Mn |
| Jun 30, 2020 | 10.50 Mn |
| Mar 31, 2020 | 11.60 Mn |
| Dec 31, 2019 | 11.60 Mn |
| Sep 30, 2019 | 11.60 Mn |
| Jun 30, 2019 | 11.60 Mn |
| Dec 31, 2018 | 11.60 Mn |