Valaris Ltd financial data

Symbol
VAL, VAL-WT on NYSE
Industry
Drilling Oil & Gas Wells
Location
Clarendon House, 2 Church Street, Hamilton, Bermuda
Fiscal year end
December 31
Former names
Valaris plc (to 4/30/2021), Ensco Rowan plc (to 8/1/2019), Ensco plc (to 3/29/2019), Ensco International plc (to 3/31/2010), ENSCO INTERNATIONAL INC (to 12/23/2009), ENERGY SERVICE COMPANY INC (to 3/28/1995)
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 196 % -21.2%
Debt-to-equity 136 %
Return On Equity 52 % +149%
Return On Assets 22.1 % +141%
Operating Margin 3.95 % -29%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 72.4M shares -3.69%
Common Stock, Shares, Outstanding 72.4M shares
Entity Public Float 4.1B USD +46.4%
Weighted Average Number of Shares Outstanding, Basic 72.4M shares -3.72%
Weighted Average Number of Shares Outstanding, Diluted 73.6M shares -3.67%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.88B USD +9.62%
Revenue from Contract with Customer, Excluding Assessed Tax 2.6M USD +136%
General and Administrative Expense 101M USD +17.2%
Costs and Expenses 1.82B USD +10.7%
Operating Income (Loss) 74.3M USD -22.3%
Nonoperating Income (Expense) 27.3M USD -85.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 102M USD -64.5%
Income Tax Expense (Benefit) -742M USD -4681%
Net Income (Loss) Attributable to Parent 844M USD +222%
Earnings Per Share, Basic 11.4 USD/shares +228%
Earnings Per Share, Diluted 11.3 USD/shares +226%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 494M USD -39.9%
Other Assets, Current 178M USD +12.3%
Assets, Current 1.2B USD -14.2%
Deferred Income Tax Assets, Net 855M USD
Property, Plant and Equipment, Net 1.73B USD +70.6%
Operating Lease, Right-of-Use Asset 74.6M USD +255%
Other Assets, Noncurrent 154M USD -6.8%
Assets 4.35B USD +47.5%
Accounts Payable, Current 394M USD +21.6%
Employee-related Liabilities, Current 69.1M USD +14%
Contract with Customer, Liability, Current 122M USD +85.9%
Liabilities, Current 761M USD +28.5%
Contract with Customer, Liability, Noncurrent 36.2M USD +11.7%
Deferred Income Tax Liabilities, Net 31.6M USD
Operating Lease, Liability, Noncurrent 49.8M USD
Other Liabilities, Noncurrent 452M USD -2.78%
Liabilities 2.32B USD +45.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 25.1M USD +73.1%
Retained Earnings (Accumulated Deficit) 1.05B USD +408%
Stockholders' Equity Attributable to Parent 2.02B USD +50.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.03B USD +50.2%
Liabilities and Equity 4.35B USD +47.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 26.3M USD -82.7%
Net Cash Provided by (Used in) Financing Activities -1.6M USD
Net Cash Provided by (Used in) Investing Activities -151M USD -169%
Common Stock, Shares Authorized 700M shares 0%
Common Stock, Shares, Issued 75.4M shares +0.27%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -127M USD -233%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 509M USD -39.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 32.3M USD -26.9%
Deferred Tax Assets, Valuation Allowance 4.19B USD -11.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0 pure
Deferred Tax Assets, Gross 882M USD +895%
Operating Lease, Liability 76.1M USD +228%
Depreciation 101M USD +10.9%
Payments to Acquire Property, Plant, and Equipment 151M USD +169%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 855M USD +199%
Lessee, Operating Lease, Liability, to be Paid 88.1M USD +217%
Property, Plant and Equipment, Gross 2.01B USD +68.4%
Operating Lease, Liability, Current 29.5M USD +235%
Lessee, Operating Lease, Liability, to be Paid, Year Two 20.5M USD +486%
Lessee, Operating Lease, Liability, to be Paid, Year One 32.4M USD +203%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +13.4%
Deferred Income Tax Expense (Benefit) -789M USD -6123%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 12M USD +161%
Lessee, Operating Lease, Liability, to be Paid, Year Three 19.1M USD +607%
Deferred Tax Assets, Operating Loss Carryforwards 3.31B USD +9.25%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 1.9M USD -77.6%
Current Income Tax Expense (Benefit) 46.9M USD +1413%
Preferred Stock, Shares Authorized 150M shares 0%
Unrecognized Tax Benefits 201M USD -7.45%
Lessee, Operating Lease, Liability, to be Paid, Year Four 10M USD +317%
Operating Lease, Payments 26.2M USD +87.1%
Additional Paid in Capital 1.13B USD +2.18%
Current Federal Tax Expense (Benefit) -30.3M USD -344%
Deferred Tax Assets, Net of Valuation Allowance 88.6M USD +1.96%
Share-based Payment Arrangement, Expense 11.7M USD +74.6%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%