Valaris Limited (VAL) quarterly balance sheet — complete assets, liabilities & equity history
Valaris Limited (VAL) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 1.26B | 1.2B | 1.15B | 1.19B | 1.34B | 1.23B | 1.16B | 1.08B | 1.11B | 1.22B | 1.2B | 1.27B | 1.65B | 1.38B | 1.4B | 1.29B | 1.34B | 1.28B | 1.17B | 1.21B |
| Cash & Short-Term Investments | 525.1M | 541.2M | 584.4M | 606.4M | 662.7M | 503.4M | 441.4M | 368.2M | 379.3M | 398.3M | 494.1M | 620.5M | 1.06B | 805.3M | 822.5M | 748.5M | 626M | 553.5M | 578.2M | 608.7M |
| Cash Only | 525.1M | 541.2M | 584.4M | 606.4M | 662.7M | 503.4M | 441.4M | 368.2M | 379.3M | 398.3M | 494.1M | 620.5M | 1.06B | 805.3M | 822.5M | 748.5M | 406M | 553.5M | 578.2M | 608.7M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 220M | 0 | 0 | 0 |
| Accounts Receivable | 538.1M | 458.1M | 455M | 479.1M | 513.7M | 554.2M | 557.7M | 571.2M | 555.8M | 631.7M | 510.9M | 459.3M | 492.4M | 473.4M | 326.2M | 449.1M | 535.5M | 544.6M | 439.3M | 444.2M |
| Days Sales Outstanding | 77.2 | 77.05 | 90.32 | 84.98 | 82.46 | 82.24 | 81.84 | 88.71 | 84.94 | 85.21 | 84.08 | 90.49 | 97.62 | 87.62 | 81.12 | 104.45 | 113.64 | 108.32 | 124.87 | 135.52 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67.2M | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.03 | - | - | - | - | - |
| Other Current Assets | 112.1M | 99.7M | 31.7M | 30.6M | 78.4M | 76.4M | 86.9M | 77.8M | 94.1M | 116.2M | 123.3M | 119.7M | 27.5M | 30.6M | 114.7M | 27.4M | 107.4M | 108.3M | 91.5M | 86.2M |
| Total Non-Current Assets | 4.22B | 4.25B | 4.21B | 4.12B | 3.29B | 3.28B | 3.23B | 3.34B | 3.27B | 3.19B | 3.16B | 3.05B | 1.84B | 1.71B | 1.56B | 1.57B | 1.48B | 1.48B | 1.46B | 1.4B |
| Property, Plant & Equipment | 2.26B | 2.23B | 2.17B | 2.16B | 2.03B | 2.02B | 1.98B | 1.93B | 1.84B | 1.81B | 1.73B | 1.63B | 1.16B | 1.07B | 1.02B | 998.2M | 977.3M | 931.7M | 952.3M | 890.9M |
| Fixed Asset Turnover | 0.26x | 0.25x | 0.22x | 0.26x | 0.29x | 0.31x | 0.32x | 0.31x | 0.35x | 0.34x | 0.31x | 0.35x | 0.41x | 0.40x | 0.43x | 0.44x | 0.46x | 0.44x | 0.35x | 0.34x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 282.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 135.7M | 139.2M | 507.6M | 490.7M | 119.3M | 114.9M | 116M | 113.4M | 368.1M | 126.5M | 126.8M | 124.4M | 391.3M | 381.7M | 114.4M | 365.1M | 102.6M | 99.6M | 90.9M | 86.6M |
| Other Non-Current Assets | 530.3M | 531.4M | 185.1M | 104.2M | 466.8M | 463.9M | 456.9M | 445.3M | 219.1M | 414M | 442.9M | 154.4M | 284.2M | 251.4M | 425.8M | 209.9M | 347.4M | 396.4M | 360.5M | 359.3M |
| Total Assets | 5.48B | 5.45B | 5.36B | 5.3B | 4.64B | 4.5B | 4.39B | 4.42B | 4.33B | 4.42B | 4.35B | 4.32B | 3.48B | 3.09B | 2.95B | 2.86B | 2.82B | 2.76B | 2.64B | 2.6B |
| Asset Turnover | 0.11x | 0.10x | 0.09x | 0.11x | 0.13x | 0.14x | 0.14x | 0.13x | 0.15x | 0.14x | 0.12x | 0.12x | 0.14x | 0.14x | 0.15x | 0.15x | 0.16x | 0.15x | 0.12x | 0.12x |
| Asset Growth % | 18.21% | 20.99% | 22.27% | 20.02% | 7.03% | 1.99% | 0.74% | 2.26% | 24.35% | 42.97% | 47.55% | 51.11% | 23.53% | 11.87% | 11.89% | 9.88% | 8.4% | 6.12% | -77.92% | -79.78% |
| Total Current Liabilities | 768.8M | 774.8M | 777.7M | 691.6M | 718M | 678.7M | 694.6M | 679.5M | 692.3M | 707.6M | 760.7M | 744.3M | 723M | 658.9M | 591.8M | 504.4M | 519.1M | 547.1M | 523.3M | 422M |
| Accounts Payable | 393.7M | 416M | 398.5M | 348.2M | 327.1M | 332.3M | 329.3M | 328.5M | 303.7M | 347M | 394.2M | 400.1M | 376.4M | 364.2M | 324.1M | 256.5M | 256.6M | 287M | 311.2M | 225.8M |
| Days Payables Outstanding | 89.26 | -3.5K | 80.75 | 68.42 | 74.78 | 76.07 | 71.33 | 70.02 | 64.77 | 76.87 | 81.25 | 88.85 | 87.15 | 83.85 | 69.27 | 66.79 | 74.27 | 75.23 | 72.94 | 70.22 |
| Short-Term Debt | 0 | 0 | 37.6M | 35.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17M | 11.3M | 0 | 9.4M | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 129.9M | 117.5M | 98.9M | 87.7M | 79M | 73.7M | 78M | 87.2M | 107.6M | 117.3M | 122.3M | 116.2M | 103.4M | 96.2M | 65.8M | 78M | 84.8M | 63.5M | 56.3M | 45.8M |
| Other Current Liabilities | 102.3M | 98.7M | 81M | 117.2M | 117.3M | 109.7M | 101M | 123.8M | 145.5M | 115.2M | 99.6M | 103.8M | 136.4M | 104.5M | 95.1M | 77.5M | 95.8M | 93.7M | 87.9M | 69.8M |
| Current Ratio | 1.64x | 1.55x | 1.48x | 1.72x | 1.87x | 1.81x | 1.67x | 1.59x | 1.61x | 1.73x | 1.57x | 1.71x | 2.28x | 2.10x | 2.36x | 2.55x | 2.59x | 2.34x | 2.24x | 2.86x |
| Quick Ratio | 1.64x | 1.55x | 1.48x | 1.72x | 1.87x | 1.81x | 1.67x | 1.59x | 1.61x | 1.73x | 1.57x | 1.71x | 2.28x | 2.10x | 2.24x | 2.55x | 2.59x | 2.34x | 2.24x | 2.86x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.89 | - | - | - | - | - |
| Total Non-Current Liabilities | 1.45B | 1.46B | 1.42B | 1.44B | 1.47B | 1.49B | 1.48B | 1.5B | 1.52B | 1.52B | 1.56B | 1.58B | 1.56B | 1.16B | 1.01B | 1.06B | 1.08B | 1.07B | 1.09B | 1.1B |
| Long-Term Debt | 1.09B | 1.09B | 1.09B | 1.12B | 1.09B | 1.08B | 1.08B | 1.08B | 1.08B | 1.08B | 1.08B | 1.08B | 1.08B | 681.9M | 542.8M | 542.4M | 541.8M | 545.7M | 545.5M | 545.3M |
| Capital Lease Obligations | 41.3M | 47.2M | 30.2M | 37.3M | 43.5M | 50.9M | 51.9M | 56.9M | 62M | 42.5M | 49.8M | 48.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 30.9M | 31.5M | 165.2M | 165.9M | 27M | 29.4M | 29.4M | 30.1M | 31.1M | 31.2M | 31.6M | 29.9M | 234.5M | 234.2M | 0 | 275M | 271M | 274.2M | 285.2M | 0 |
| Other Non-Current Liabilities | 206.2M | 215.5M | 86.1M | 51.8M | 255.9M | 258.6M | 254.7M | 254.9M | 143.5M | 302.9M | 365.7M | 385.2M | 204.7M | 205.6M | 464.6M | 240.6M | 539.8M | 527.6M | 544.8M | 558.4M |
| Total Liabilities | 2.21B | 2.23B | 2.2B | 2.13B | 2.19B | 2.17B | 2.18B | 2.18B | 2.21B | 2.23B | 2.32B | 2.33B | 2.28B | 1.82B | 1.6B | 1.56B | 1.6B | 1.62B | 1.61B | 1.53B |
| Total Debt | 1.16B | 1.17B | 1.15B | 1.2B | 1.16B | 1.17B | 1.16B | 1.17B | 1.17B | 1.15B | 1.16B | 1.16B | 1.1B | 693.2M | 551.6M | 551.8M | 551.5M | 554.2M | 555.2M | 555.3M |
| Net Debt | 632.6M | 624.3M | 570.2M | 589.8M | 501M | 666.4M | 721.3M | 799.4M | 792.5M | 754.5M | 665.3M | 534.9M | 39.1M | -112.1M | -270.9M | -196.7M | 145.5M | 700K | -23M | -53.4M |
| Debt / Equity | 0.35x | 0.36x | 0.37x | 0.38x | 0.47x | 0.50x | 0.53x | 0.52x | 0.55x | 0.53x | 0.57x | 0.58x | 0.91x | 0.55x | 0.41x | 0.43x | 0.45x | 0.48x | 0.54x | 0.52x |
| Debt / EBITDA | 9.00x | 12.18x | 17.31x | 12.33x | 7.13x | 5.86x | 6.60x | 7.63x | 9.26x | 8.32x | 20.67x | 17.56x | 25.86x | 47.48x | 17.35x | 9.38x | 6.39x | 60.90x | - | - |
| Net Debt / EBITDA | 4.92x | 6.52x | 8.55x | 6.08x | 3.07x | 3.34x | 4.10x | 5.22x | 6.26x | 5.44x | 11.86x | 8.13x | 0.92x | -7.68x | -8.52x | -3.35x | 1.69x | 0.08x | - | - |
| Interest Coverage | 5.07x | 4.36x | 1.43x | 2.47x | 9.67x | 6.65x | 6.09x | 4.93x | 5.33x | 4.86x | 1.56x | 1.41x | 0.74x | -0.54x | 0.48x | 3.50x | 5.36x | 1.23x | -4.37x | -1.38x |
| Total Equity | 3.27B | 3.22B | 3.16B | 3.17B | 2.45B | 2.33B | 2.21B | 2.24B | 2.12B | 2.19B | 2.03B | 2B | 1.2B | 1.27B | 1.35B | 1.3B | 1.22B | 1.14B | 1.02B | 1.08B |
| Equity Growth % | 33.38% | 37.91% | 42.97% | 41.32% | 15.39% | 6.67% | 8.92% | 12.38% | 76.98% | 72.77% | 50.17% | 53.86% | -1.68% | 10.76% | 32.02% | 20.47% | 17.43% | 4.82% | -70.41% | -75.35% |
| Book Value per Share | 46.50 | 45.71 | 45.69 | 45.37 | 34.52 | 32.73 | 31.15 | 31.52 | 29.01 | 29.68 | 27.59 | 27.02 | 16.04 | 16.93 | 17.70 | 17.08 | 16.14 | 15.12 | 13.65 | 14.37 |
| Total Shareholders' Equity | 3.27B | 3.22B | 3.16B | 3.17B | 2.45B | 2.33B | 2.21B | 2.24B | 2.11B | 2.18B | 2.02B | 1.99B | 1.18B | 1.25B | 1.34B | 1.29B | 1.21B | 1.14B | 1.02B | 1.07B |
| Common Stock | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K |
| Retained Earnings | 2.46B | 2.42B | 2.37B | 2.38B | 1.66B | 1.48B | 1.36B | 1.4B | 1.27B | 1.2B | 1.05B | 1.03B | 190.3M | 177.4M | 206.8M | 160.1M | 114.3M | 40M | -71.6M | -16.4M |
| Treasury Stock | -425.1M | -425.1M | -425.1M | -425.1M | -400.1M | -325.1M | -325.1M | -325.1M | -300.1M | -200.1M | -200.1M | -200.1M | -150M | -65M | 0 | 0 | 0 | -200K | 0 | 0 |
| Accumulated OCI | 63.5M | 63.9M | 63.9M | 60.9M | 37.9M | 36.9M | 35.3M | 34.2M | 24.4M | 24.3M | 25.1M | 25.2M | 30.6M | 30.6M | 14.5M | 31.1M | -9.1M | -9.2M | -9.4M | -9.1M |
| Minority Interest | -2.3M | -2.9M | 500K | 2.1M | 2.8M | 3.6M | 4.5M | 5.8M | 8.9M | 10.6M | 9.4M | 9.4M | 16.1M | 12M | 9.9M | 8M | 6.1M | 2.7M | 1.5M | 2.7M |