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
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 185 % -24.1%
Debt-to-equity 124 %
Return On Equity 55.2 % +487%
Return On Assets 24.7 % +499%
Operating Margin 9.31 % +57.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 72.8M shares -1.67%
Common Stock, Shares, Outstanding 72.4M shares -2.29%
Entity Public Float 4.1B USD +46.4%
Weighted Average Number of Shares Outstanding, Basic 72.4M shares -3.21%
Weighted Average Number of Shares Outstanding, Diluted 73.7M shares -1.47%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.07B USD +20.9%
Revenue from Contract with Customer, Excluding Assessed Tax 2.6M USD +136%
General and Administrative Expense 108M USD +14.5%
Costs and Expenses 1.89B USD +16.3%
Operating Income (Loss) 193M USD +90.6%
Nonoperating Income (Expense) 32.1M USD -34.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 225M USD +49.5%
Income Tax Expense (Benefit) -797M USD -3986%
Net Income (Loss) Attributable to Parent 1.02B USD +747%
Earnings Per Share, Basic 13.9 USD/shares +767%
Earnings Per Share, Diluted 13.7 USD/shares +765%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 398M USD -49.4%
Other Assets, Current 183M USD +8.24%
Assets, Current 1.22B USD -15.4%
Deferred Income Tax Assets, Net 841M USD
Property, Plant and Equipment, Net 1.81B USD +68.5%
Operating Lease, Right-of-Use Asset 74.6M USD +255%
Other Assets, Noncurrent 155M USD -16.6%
Assets 4.42B USD +43%
Accounts Payable, Current 347M USD -4.72%
Employee-related Liabilities, Current 79.5M USD +37.1%
Contract with Customer, Liability, Current 117M USD +21.9%
Liabilities, Current 708M USD +7.39%
Contract with Customer, Liability, Noncurrent 63M USD +51.1%
Deferred Income Tax Liabilities, Net 31.2M USD
Operating Lease, Liability, Noncurrent 42.5M USD
Other Liabilities, Noncurrent 408M USD -15.2%
Liabilities 2.23B USD +22.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 24.3M USD +71.1%
Retained Earnings (Accumulated Deficit) 1.2B USD +577%
Stockholders' Equity Attributable to Parent 2.18B USD +73.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.19B USD +72.8%
Liabilities and Equity 4.42B USD +43%

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 410M USD -49.1%
Deferred Tax Assets, Valuation Allowance 4.19B USD -11.2%
Deferred Tax Assets, Gross 882M USD +895%
Operating Lease, Liability 76.1M USD +228%
Payments to Acquire Property, Plant, and Equipment 151M USD +169%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.03B USD +617%
Lessee, Operating Lease, Liability, to be Paid 88.1M USD +217%
Property, Plant and Equipment, Gross 2.12B USD +66.2%
Operating Lease, Liability, Current 29.3M USD +159%
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) -778M USD -9473%
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
Current Income Tax Expense (Benefit) -18.6M USD -252%
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%
Additional Paid in Capital 1.13B USD +2.21%
Deferred Tax Assets, Net of Valuation Allowance 88.6M USD +1.96%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%