Borr Drilling Debt-to-Assets Ratio Growth & History (BORR)
Borr Drilling's debt-to-assets ratio was 0.59 for fiscal 2025.
View full Borr Drilling company overviewBorr Drilling annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.59 | −0.02 | −3.93% |
| 2024 | 2024-12-31 | 0.62 | 0.06 | +11.67% |
| 2023 | 2023-12-31 | 0.55 | 0.01 | +1.27% |
| 2022 | 2022-12-31 | 0.55 | −0.08 | −12.29% |
| 2021 | 2021-12-31 | 0.62 | 0.02 | +3.25% |
| 2020 | 2020-12-31 | 0.60 | 0.08 | +15.01% |
| 2019 | 2019-12-31 | 0.52 | 0.12 | +30.06% |
| 2018 | 2018-12-31 | 0.40 | — | — |
Borr Drilling quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.67 | 0.06 | +9.87% |
| Q1 2026 | 2026-03-31 | 0.61 | −0.02 | −2.51% |
| Q4 2025 | 2025-12-31 | 0.59 | −0.02 | −3.93% |
| Q3 2025 | 2025-09-30 | 0.58 | — | — |
| Q2 2025 | 2025-06-30 | 0.61 | 0.03 | +5.60% |
| Q1 2025 | 2025-03-31 | 0.62 | — | — |
| Q4 2024 | 2024-12-31 | 0.62 | 0.06 | +11.67% |
| Q2 2024 | 2024-06-30 | 0.58 | 0.03 | +5.93% |
| Q4 2023 | 2023-12-31 | 0.55 | 0.01 | +1.27% |
| Q2 2023 | 2023-06-30 | 0.55 | −0.10 | −14.95% |
| Q4 2022 | 2022-12-31 | 0.55 | −0.08 | −12.29% |
| Q2 2022 | 2022-06-30 | 0.64 | 0.03 | +5.69% |
| Q4 2021 | 2021-12-31 | 0.62 | 0.02 | +3.25% |
| Q2 2021 | 2021-06-30 | 0.61 | — | — |
| Q4 2020 | 2020-12-31 | 0.60 | 0.08 | +15.01% |
| Q4 2019 | 2019-12-31 | 0.52 | 0.12 | +30.06% |
| Q4 2018 | 2018-12-31 | 0.40 | — | — |
Borr Drilling debt-to-assets ratio trends
Over the last five fiscal years, Borr Drilling's debt-to-assets ratio decreased from 0.60 to 0.59, a change of −0.01. The latest reported quarter, Q2 2026, shows 0.67.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Borr Drilling source filings ↗Community posts
Borr Drilling extends rig contracts and starts Odin operations
Borr Drilling ($BORR) reported that Odin had begun earning its day rate offshore Texas and announced additional work for two other rigs. Idun secured a three-well program in Vietnam expected to last approximately 130 days, beginning in the ...