Valaris Limited (VAL)

Valaris Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	368.2	620.5	724.1	608.7	325.8
Cash & Short-Term Investments	368.2	620.5	724.1	608.7	325.8
Cash Growth	-40.66%	-14.31%	18.96%	86.83%	235.19%
Accounts Receivable	571.2	361.4	335.5	280.7	245.3
Other Receivables	-	99.4	118.2	163.8	205.3
Receivables	571.2	460.8	453.7	444.5	450.6
Inventory	-	-	-	-	279.4
Prepaid Expenses	-	72.7	62.1	67.5	76.3
Restricted Cash	12.3	15.2	24.4	35.9	11.4
Other Current Assets	127	103	81.9	50	29.4
Total Current Assets	1,079	1,272	1,346	1,207	1,173
Property, Plant & Equipment	1,933	1,634	977.2	890.9	10,996
Long-Term Investments	113.4	124.4	111.1	86.6	120.9
Long-Term Accounts Receivable	-	4.5	0.7	-	0.4
Long-Term Deferred Tax Assets	849.5	855.1	55.1	-	21.9
Other Long-Term Assets	149.1	149.9	116	169.9	118.1
Total Assets	4,420	4,322	2,860	2,603	12,873
Accounts Payable	328.5	400.1	256.5	225.8	176.4
Accrued Expenses	351	112.4	90.6	72.2	95.6
Current Portion of Leases	-	27.2	9.4	10	15.7
Current Income Taxes Payable	-	52.9	41.4	45.7	50.8
Current Unearned Revenue	-	116.2	78	45.8	57.6
Other Current Liabilities	-	35.5	28.5	22.5	7,344
Total Current Liabilities	679.5	744.3	504.4	422	7,741
Long-Term Debt	1,083	1,079	542.4	545.3	-
Long-Term Leases	-	48.9	13.8	-	-
Long-Term Unearned Revenue	-	37.6	41	-	14.3
Long-Term Deferred Tax Liabilities	30.1	29.9	16.1	-	-
Other Long-Term Liabilities	383.2	243.6	284.9	354.4	451.5
Total Liabilities	2,176	2,325	1,562	1,526	8,503
Common Stock	0.8	0.8	0.8	0.8	82.6
Additional Paid-In Capital	1,113	1,120	1,098	1,083	8,640
Retained Earnings	1,399	1,026	160.1	-16.4	-4,184
Treasury Stock	-325.1	-200.1	-	-	-76.2
Comprehensive Income & Other	50.6	41.6	31.1	7.3	-87.9
Total Common Equity	2,239	1,988	1,290	1,075	4,375
Minority Interest	5.8	9.4	8	2.7	-4.3
Shareholders' Equity	2,244	1,997	1,298	1,077	4,370
Total Liabilities & Equity	4,420	4,322	2,860	2,603	12,873
Total Debt	1,083	1,155	565.6	555.3	15.7
Net Cash (Debt)	-714.5	-534.9	158.5	53.4	310.1
Net Cash Growth	-	-	196.82%	-82.78%	-
Net Cash Per Share	-9.80	-7.11	2.10	0.46	1.56
Filing Date Shares Outstanding	71	72.41	75.18	75	199.66
Total Common Shares Outstanding	71	72.4	75.2	75	199.55
Working Capital	399.2	527.9	841.8	784.6	-6,568
Book Value Per Share	31.53	27.45	17.15	14.33	21.92
Tangible Book Value	2,239	1,988	1,290	1,075	4,375
Tangible Book Value Per Share	31.53	27.45	17.15	14.33	21.92
Machinery	-	1,313	1,037	886.9	12,584
Construction In Progress	-	537	59.8	35.6	446.1
Order Backlog	-	3,921	2,463	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.