Borr Net Receivables from 2010 to 2024
| BORR Stock | USD 5.51 0.06 1.10% |
Net Receivables | First Reported 2017-03-31 | Previous Quarter 231 M | Current Value 249.9 M | Quarterly Volatility 64.1 M |
Check Borr Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Borr main balance sheet or income statement drivers, such as Tax Provision of 48.4 M, Discontinued Operations of 0.0 or Interest Expense of 166.3 M, as well as many exotic indicators such as Price To Sales Ratio of 2.13, Dividend Yield of 0.0 or PTB Ratio of 1.92. Borr financial statements analysis is a perfect complement when working with Borr Drilling Valuation or Volatility modules.
Borr | Net Receivables |
Latest Borr Drilling's Net Receivables Growth Pattern
Below is the plot of the Net Receivables of Borr Drilling over the last few years. It is Borr Drilling's Net Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Borr Drilling's overall financial position and show how it may be relating to other accounts over time.
| Net Receivables | 10 Years Trend |
|
Net Receivables |
| Timeline |
Borr Net Receivables Regression Statistics
| Arithmetic Mean | 67,022,411 | |
| Geometric Mean | 23,007,263 | |
| Coefficient Of Variation | 117.55 | |
| Mean Deviation | 66,050,572 | |
| Median | 5,100,000 | |
| Standard Deviation | 78,785,229 | |
| Sample Variance | 6207.1T | |
| Range | 244.8M | |
| R-Value | 0.85 | |
| Mean Square Error | 1809.8T | |
| R-Squared | 0.73 | |
| Significance | 0.000051 | |
| Slope | 15,044,271 | |
| Total Sum of Squares | 86899.6T |
Borr Net Receivables History
About Borr Drilling Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Borr Drilling income statement, its balance sheet, and the statement of cash flows. Borr Drilling investors use historical funamental indicators, such as Borr Drilling's Net Receivables, to determine how well the company is positioned to perform in the future. Although Borr Drilling investors may use each financial statement separately, they are all related. The changes in Borr Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Borr Drilling's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Borr Drilling Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Borr Drilling. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Receivables | 249.9 M | 131.7 M |
Borr Drilling Investors Sentiment
The influence of Borr Drilling's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Borr. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Borr Drilling's public news can be used to forecast risks associated with an investment in Borr. The trend in average sentiment can be used to explain how an investor holding Borr can time the market purely based on public headlines and social activities around Borr Drilling. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Borr Drilling's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Borr Drilling's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Borr Drilling's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Borr Drilling.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Borr Drilling in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Borr Drilling's short interest history, or implied volatility extrapolated from Borr Drilling options trading.
Pair Trading with Borr Drilling
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Borr Drilling position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Borr Drilling will appreciate offsetting losses from the drop in the long position's value.Moving together with Borr Stock
| 0.61 | NBR | Nabors Industries | PairCorr |
Moving against Borr Stock
| 0.61 | AE | Adams Resources Energy Financial Report 14th of May 2024 | PairCorr |
| 0.43 | AR | Antero Resources Corp | PairCorr |
The ability to find closely correlated positions to Borr Drilling could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Borr Drilling when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Borr Drilling - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Borr Drilling to buy it.
The correlation of Borr Drilling is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Borr Drilling moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Borr Drilling moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Borr Drilling can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Borr Drilling Correlation against competitors. To learn how to invest in Borr Stock, please use our How to Invest in Borr Drilling guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Borr Stock analysis
When running Borr Drilling's price analysis, check to measure Borr Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Borr Drilling is operating at the current time. Most of Borr Drilling's value examination focuses on studying past and present price action to predict the probability of Borr Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Borr Drilling's price. Additionally, you may evaluate how the addition of Borr Drilling to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Borr Drilling's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Borr Drilling. If investors know Borr will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Borr Drilling listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.05 | Earnings Share 0.09 | Revenue Per Share 3.159 | Quarterly Revenue Growth 0.485 | Return On Assets 0.0513 |
The market value of Borr Drilling is measured differently than its book value, which is the value of Borr that is recorded on the company's balance sheet. Investors also form their own opinion of Borr Drilling's value that differs from its market value or its book value, called intrinsic value, which is Borr Drilling's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Borr Drilling's market value can be influenced by many factors that don't directly affect Borr Drilling's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Borr Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Borr Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Borr Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.