Valaris Balance Sheet Health
Financial Health criteria checks 5/6
Valaris has a total shareholder equity of $2.1B and total debt of $1.1B, which brings its debt-to-equity ratio to 50.9%. Its total assets and total liabilities are $4.3B and $2.2B respectively. Valaris's EBIT is $287.4M making its interest coverage ratio -23.4. It has cash and short-term investments of $379.3M.
Key information
50.9%
Debt to equity ratio
US$1.08b
Debt
| Interest coverage ratio | -23.4x |
| Cash | US$379.30m |
| Equity | US$2.12b |
| Total liabilities | US$2.21b |
| Total assets | US$4.33b |
Recent financial health updates
Is Valaris (NYSE:VAL) A Risky Investment?
Jan 03
Valaris (NYSE:VAL) Is In A Good Position To Deliver On Growth Plans
Aug 04Recent updates
Valaris: Market Sentiment Negatively Impacted By Jackup Exposure
Jan 13Is Valaris (NYSE:VAL) A Risky Investment?
Jan 03Valaris (NYSE:VAL) Is Looking To Continue Growing Its Returns On Capital
Dec 16A Piece Of The Puzzle Missing From Valaris Limited's (NYSE:VAL) Share Price
Nov 28Valaris' (NYSE:VAL) Performance Raises Some Questions
Nov 08Valaris Limited Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next
Nov 02Returns On Capital Are Showing Encouraging Signs At Valaris (NYSE:VAL)
Sep 13Here's Why We Think Valaris (NYSE:VAL) Is Well Worth Watching
Aug 23Valaris: Good Quarter, But Near-Term Outlook Disappoints - Buy
Aug 16Valaris: Major Earnings Inflection Ahead, Buy
Jun 10Valaris: Buy Despite Near-Term Jackup Market Headwinds
Apr 02Valaris Limited: Promising Outlook As Meaningful FCF Commences
Feb 10Valaris: Weak Quarter, But Long-Term Prospects Remain Intact - Buy
Nov 21Valaris: Uncovering Cash Flow Potential To Buy Back Shares
Oct 05Valaris: Buy On Strong Medium-Term Earnings Outlook And Inexpensive Valuation
Aug 22Valaris: Shares Still Cheap
Jul 21Valaris Stock: Revenue And Profit Growth Trends Indicate Undervaluation
Jul 12Valaris: Upgrading Shares On Improved Financial Flexibility And Strong Buyback Commitment
Jun 05Valaris Q4 2022 Earnings Preview
Feb 20Valaris: Benefiting From Offshore Boom
Jan 29Valaris secures contract awards with backlog of roughly $275M
Dec 16Valaris Limited: Some Progress
Nov 08Valaris Q3 2022 Earnings Preview
Oct 31Valaris: Leveraging On Scale A Year After Bankruptcy
Oct 06Valaris says Matt Lyne has joined as new chief commercial officer
Sep 26Valaris announces $100M stock buyback program
Sep 08Valaris Q2 2022 Earnings Preview
Aug 01Valaris reports $466M in associated contract backlog, updates fleet status
Jul 05Valaris: Jackup Sale To ADES Is Great News
Apr 28Valaris Report Highlights The Current Situation With Long-Term Contracts
Feb 22Valaris Limited: A Decent Third Quarter
Nov 17Valaris Ltd.: Starting Again And Hoping For A New Outcome This Time
Oct 24Valaris (NYSE:VAL) Is In A Good Position To Deliver On Growth Plans
Aug 04Valaris: Outlook Improves As Company Is Set To Reactivate Rigs
Aug 04Valaris awarded three year contract with Chevron
Jun 08Financial Position Analysis
Short Term Liabilities: VAL's short term assets ($1.1B) exceed its short term liabilities ($692.3M).
Long Term Liabilities: VAL's short term assets ($1.1B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: VAL's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: VAL's debt to equity ratio has reduced from 64.7% to 50.9% over the past 5 years.
Debt Coverage: VAL's debt is well covered by operating cash flow (30.3%).
Interest Coverage: VAL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 07:21 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Valaris Limited is covered by 65 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kristoffer Iden | Arctic Securities ASA |
| Ishan Majumdar | Baptista Research |
| Eddie Kim | Barclays |