Is it safe?
Can BORR take a bad year?
Borr Drilling Limited carries $1.96B of net debt at 4.06× EBITDA: a heavy load to carry through a bad year.
$1.96B
Net debt · as at Q2 2025 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.06×
Net debt / EBITDA · 18.1× a year ago · the load is coming down
- Interest cover
- 1.60×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 62%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2025
- $2.05B
- Cash and short-term investments
- $92M
- Net debt
- $1.96B
- EBITDA, trailing twelve months
- $483M
- Operating profit, trailing twelve months
- $346M
- Debt / equity
- 2.03×
- Total debt / EBITDA
- 4.25×
- Annualised volatilitytwo years of daily moves
- 62%
- Worst drawdown on file
- −97%
- Below its 52-week high
- −34%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.