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	487.1	361.4	335.5	280.7	245.3
Other Receivables	85.4	99.4	118.2	163.8	205.3
Receivables	572.5	460.8	453.7	444.5	450.6
Inventory	-	-	-	-	279.4
Prepaid Expenses	61.5	72.7	62.1	67.5	76.3
Restricted Cash	12.3	15.2	24.4	35.9	11.4
Other Current Assets	64.2	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	5.5	4.5	0.7	-	0.4
Long-Term Deferred Tax Assets	849.5	855.1	55.1	-	21.9
Other Long-Term Assets	143.6	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	144	112.4	90.6	72.2	95.6
Current Portion of Leases	28	27.2	9.4	10	15.7
Current Income Taxes Payable	57.2	52.9	41.4	45.7	50.8
Current Unearned Revenue	87.2	116.2	78	45.8	57.6
Other Current Liabilities	34.6	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	56.9	48.9	13.8	-	-
Long-Term Unearned Revenue	71.4	37.6	41	-	14.3
Long-Term Deferred Tax Liabilities	30.1	29.9	16.1	-	-
Other Long-Term Liabilities	148.4	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	1,168	1,155	565.6	555.3	15.7
Net Cash (Debt)	-799.4	-534.9	158.5	53.4	310.1
Net Cash Growth	-	-	196.82%	-82.78%	-
Net Cash Per Share	-10.97	-7.11	2.10	0.46	1.56
Filing Date Shares Outstanding	71.03	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	1,661	1,313	1,037	886.9	12,584
Construction In Progress	607.6	537	59.8	35.6	446.1
Order Backlog	3,609	3,921	-	-	-

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q