Borr Drilling New Stock Cash And Equivalents
| B2W Stock | 1.64 0.01 0.61% |
Fundamental analysis of BORR DRILLING allows traders to better anticipate movements in BORR DRILLING's stock price by examining its financial health and performance throughout various phases of its business cycle.
BORR |
BORR DRILLING NEW Company Cash And Equivalents Analysis
BORR DRILLING's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, BORR DRILLING NEW has 0.0 in Cash And Equivalents. This is 100.0% lower than that of the Energy sector and 100.0% lower than that of the Oil & Gas Drilling industry. The cash and equivalents for all Germany stocks is 100.0% higher than that of the company.
BORR Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BORR DRILLING's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BORR DRILLING could also be used in its relative valuation, which is a method of valuing BORR DRILLING by comparing valuation metrics of similar companies.BORR DRILLING is currently under evaluation in cash and equivalents category among its peers.
About BORR DRILLING Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BORR DRILLING NEW's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BORR DRILLING using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BORR DRILLING NEW based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
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Other Information on Investing in BORR Stock
BORR DRILLING financial ratios help investors to determine whether BORR Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BORR with respect to the benefits of owning BORR DRILLING security.