Valaris Limited (VAL)

Valaris Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	503.4	368.2	620.5	724.1	608.7	325.8
Cash & Short-Term Investments	503.4	368.2	620.5	724.1	608.7	325.8
Cash Growth	26.39%	-40.66%	-14.31%	18.96%	86.83%	235.19%
Accounts Receivable	472.7	487.1	361.4	335.5	280.7	245.3
Other Receivables	81.5	85.4	99.4	118.2	163.8	205.3
Receivables	554.2	572.5	460.8	453.7	444.5	450.6
Inventory	-	-	-	-	-	279.4
Prepaid Expenses	93.4	61.5	72.7	62.1	67.5	76.3
Restricted Cash	12.8	12.3	15.2	24.4	35.9	11.4
Other Current Assets	63.6	64.2	103	81.9	50	29.4
Total Current Assets	1,227	1,079	1,272	1,346	1,207	1,173
Property, Plant & Equipment	2,022	2,017	1,708	977.2	890.9	10,996
Long-Term Investments	114.9	113.4	124.4	111.1	86.6	120.9
Long-Term Accounts Receivable	4.5	5.5	4.5	0.7	-	0.4
Long-Term Deferred Tax Assets	675.5	849.5	855.1	55.1	-	21.9
Other Long-Term Assets	150.9	59.1	75.3	116	169.9	118.1
Total Assets	4,503	4,420	4,322	2,860	2,603	12,873
Accounts Payable	332.3	328.5	400.1	256.5	225.8	176.4
Accrued Expenses	96.5	104.5	92	63.4	54.9	95.6
Current Portion of Leases	34.6	28	27.2	9.4	10	15.7
Current Income Taxes Payable	90.8	57.2	52.9	41.4	45.7	50.8
Current Unearned Revenue	73.7	87.2	116.2	78	45.8	57.6
Other Current Liabilities	50.8	74.1	55.9	55.7	39.8	7,344
Total Current Liabilities	678.7	679.5	744.3	504.4	422	7,741
Long-Term Debt	1,084	1,083	1,079	542.4	545.3	-
Long-Term Leases	50.9	56.9	48.9	13.8	-	-
Long-Term Unearned Revenue	68.1	71.4	37.6	41	-	14.3
Long-Term Deferred Tax Liabilities	29.4	30.1	29.9	16.1	-	-
Other Long-Term Liabilities	157.8	148.4	243.6	284.9	354.4	451.5
Total Liabilities	2,170	2,176	2,325	1,562	1,526	8,503
Common Stock	0.8	0.8	0.8	0.8	0.8	82.6
Additional Paid-In Capital	1,125	1,113	1,120	1,098	1,083	8,640
Retained Earnings	1,476	1,399	1,026	160.1	-16.4	-4,184
Treasury Stock	-325.1	-325.1	-200.1	-	-	-76.2
Comprehensive Income & Other	53.3	50.6	41.6	31.1	7.3	-87.9
Total Common Equity	2,330	2,239	1,988	1,290	1,075	4,375
Minority Interest	3.6	5.8	9.4	8	2.7	-4.3
Shareholders' Equity	2,333	2,244	1,997	1,298	1,077	4,370
Total Liabilities & Equity	4,503	4,420	4,322	2,860	2,603	12,873
Total Debt	1,170	1,168	1,155	565.6	555.3	15.7
Net Cash (Debt)	-666.4	-799.4	-534.9	158.5	53.4	310.1
Net Cash Growth	-	-	-	196.82%	-82.78%	-
Net Cash Per Share	-9.29	-10.97	-7.11	2.10	0.46	1.56
Filing Date Shares Outstanding	71.21	71.03	72.41	75.18	75	199.66
Total Common Shares Outstanding	71.1	71	72.4	75.2	75	199.55
Working Capital	548.7	399.2	527.9	841.8	784.6	-6,568
Book Value Per Share	32.77	31.53	27.45	17.15	14.33	21.92
Tangible Book Value	2,330	2,239	1,988	1,290	1,075	4,375
Tangible Book Value Per Share	32.77	31.53	27.45	17.15	14.33	21.92
Machinery	1,829	1,661	1,313	1,037	886.9	12,584
Construction In Progress	583.6	607.6	537	59.8	35.6	446.1
Order Backlog	-	3,609	3,921	-	-	-

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q