Valaris Limited (VAL)

Valaris Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	379.3	620.5	724.1	608.7	325.8	97.2
Cash & Short-Term Investments	379.3	620.5	724.1	608.7	325.8	97.2
Cash Growth	-63.57%	-14.31%	18.96%	86.83%	235.19%	-83.91%
Accounts Receivable	502	361.4	335.5	280.7	245.3	463.9
Other Receivables	60.3	99.4	118.2	163.8	205.3	60.3
Receivables	562.3	460.8	453.7	444.5	450.6	524.2
Inventory	-	-	-	-	279.4	340.1
Prepaid Expenses	82.3	72.7	62.1	67.5	76.3	49.7
Restricted Cash	12.9	15.2	24.4	35.9	11.4	-
Other Current Assets	74.7	103	81.9	50	29.4	53.2
Total Current Assets	1,112	1,272	1,346	1,207	1,173	1,064
Property, Plant & Equipment	1,843	1,634	977.2	890.9	10,996	15,155
Long-Term Investments	102.7	124.4	111.1	86.6	120.9	128.7
Other Intangible Assets	-	-	-	-	-	11.9
Long-Term Accounts Receivable	7.5	4.5	0.7	-	0.4	-
Long-Term Deferred Tax Assets	837	855.1	55.1	-	21.9	26.6
Other Long-Term Assets	166.6	149.9	116	169.9	118.1	91.7
Total Assets	4,333	4,322	2,860	2,603	12,873	16,931
Accounts Payable	303.7	400.1	256.5	225.8	176.4	288.2
Accrued Expenses	145.9	112.4	90.6	72.2	95.6	249.6
Current Portion of Long-Term Debt	-	-	-	-	-	124.8
Current Portion of Leases	28	27.2	9.4	10	15.7	21.1
Current Income Taxes Payable	66.2	52.9	41.4	45.7	50.8	61.2
Current Unearned Revenue	107.6	116.2	78	45.8	57.6	30
Other Current Liabilities	40.9	35.5	28.5	22.5	7,344	55.8
Total Current Liabilities	692.3	744.3	504.4	422	7,741	830.7
Long-Term Debt	1,082	1,079	542.4	545.3	-	5,924
Long-Term Leases	62	48.9	13.8	-	-	51.8
Long-Term Unearned Revenue	49	37.6	41	-	14.3	9.7
Long-Term Deferred Tax Liabilities	31.1	29.9	16.1	-	-	99
Other Long-Term Liabilities	172.1	243.6	284.9	354.4	451.5	433.5
Total Liabilities	2,210	2,325	1,562	1,526	8,503	7,622
Common Stock	0.8	0.8	0.8	0.8	82.6	82.5
Additional Paid-In Capital	1,108	1,120	1,098	1,083	8,640	8,628
Retained Earnings	1,265	1,026	160.1	-16.4	-4,184	671.7
Treasury Stock	-300.1	-200.1	-	-	-76.2	-77.3
Comprehensive Income & Other	40.8	41.6	31.1	7.3	-87.9	6.2
Total Common Equity	2,115	1,988	1,290	1,075	4,375	9,311
Minority Interest	8.9	9.4	8	2.7	-4.3	-1.3
Shareholders' Equity	2,124	1,997	1,298	1,077	4,370	9,310
Total Liabilities & Equity	4,333	4,322	2,860	2,603	12,873	16,931
Total Debt	1,172	1,155	565.6	555.3	15.7	6,121
Net Cash (Debt)	-792.5	-534.9	158.5	53.4	310.1	-6,024
Net Cash Growth	-	-	196.82%	-82.78%	-	-
Net Cash Per Share	-10.77	-7.11	2.10	0.46	1.56	-34.74
Filing Date Shares Outstanding	71.12	72.41	75.18	75	199.66	197.33
Total Common Shares Outstanding	71.4	72.4	75.2	75	199.55	198.05
Working Capital	419.2	527.9	841.8	784.6	-6,568	233.7
Book Value Per Share	29.62	27.45	17.15	14.33	21.92	47.01
Tangible Book Value	2,115	1,988	1,290	1,075	4,375	9,299
Tangible Book Value Per Share	29.62	27.45	17.15	14.33	21.92	46.95
Machinery	1,548	1,313	1,037	886.9	12,584	17,714
Construction In Progress	596.3	537	59.8	35.6	446.1	473.6
Order Backlog	-	3,921	2,463	-	-	-

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