Borr Drilling Limited
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Borr Drilling Limited generated cash of -$50,700,000, which is less than the previous year. Cash used in financing activities reached the amount of $139,000,000 last year. Net change in cash is therefore -$15,900,000.
Cash Flow
| 2017 | -32.6M | -1.44B | 1.50B |
|---|---|---|---|
| 2018 | -135.2M | -560.1M | 583.5M |
| 2019 | -89M | -271.1M | 397.3M |
| 2020 | -54.7M | -119.8M | 65.2M |
| 2021 | -58.9M | 40.9M | 44.8M |
| 2022 | 62.5M | -82.6M | 92.6M |
| 2023 | -50.7M | -104.2M | 139M |
BORR Cash Flow Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 118.5M | 46M | 19.2M | 128.5M | 91.3M | 203.1M | 138.1M |
Operating activities | |||||||
Net income | 22.1M | -292.8M | -193M | -305.2M | -308.1M | -190.9M | -88M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 117.4M | 116.5M | 119.6M | 117.9M | 101.4M | 79.5M | 47.9M |
Stock-based compensation expense | 5.6M | 2.6M | 900K | 700K | 3.9M | 0 | 8.2M |
| Deferred income tax benefit | 5.6M | 2.6M | 900K | 700K | 3.9M | 0 | 8.2M |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 20.31M |
Cash generated by operating activities | -50.7M | 62.5M | -58.9M | -54.7M | -89M | -135.2M | -32.6M |
Investing activities | |||||||
Purchases Of Investments | 0 | 0 | -55.60M | -92.5M | -6.9M | -13M | -26.9M |
Investments In Property Plant And Equipment | -114M | -83.3M | -18.9M | -42.4M | -271.6M | -393.6M | -1.05B |
Acquisitions Net | 0 | 686.57K | 57.1M | -25.6M | -30.9M | -195.1M | -324.5M |
Cash generated by investing activities | -104.2M | -82.6M | 40.9M | -119.8M | -271.1M | -560.1M | -1.44B |
Financing activities | |||||||
Common Stock Issued | 58.1M | 298.1M | 44.8M | 60.2M | 49.2M | 218.9M | 1.41B |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -800K | 0 | 0 | 0 | 0 | -19.7M | -8.4M |
Repayments of term debt | 80.9M | -205.5M | 0 | -5.49M | 348.1M | -89.3M | 99.7M |
Cash used in financing activities | 139M | 92.6M | 44.8M | 65.2M | 397.3M | 583.5M | 1.50B |
Net Change In Cash | -15.9M | 72.5M | 26.8M | -109.3M | 37.2M | -111.8M | 25.9M |
Cash at end of period | 102.6M | 118.5M | 46M | 19.2M | 128.5M | 91.3M | 164M |
| Data source | Data source | Data source | Data source | Data source |