Can Valaris cover its short-term obligations?

Its current ratio is 1.55 — current assets exceed current liabilities.

Where does Valaris's balance sheet data come from?

Every line is extracted from Valaris's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Valaris VAL Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$617.5M+62.3%	$380.5M-40.1%	$635.7M-15.1%	$748.5M+16.1%
Restricted cash	$7M-43.1%	$12.3M-19.1%	$15.2M-37.7%	$24.4M-32.0%
Accounts receivable, net	$474.8M-16.9%	$571.2M+24.4%	$459.3M+2.3%	$449.1M+1.1%
Prepaid expenses and other current assets	$144.7M+13.9%	$127M-28.3%	$177.2M+19.2%	$148.6M+26.1%
Income taxes receivable	$58.2M+20.0%	$48.5M-1.2%	$49.1M+10.1%	$44.6M+0.5%
Assets held for sale	$6.4M—	$0—	——	——
Contract assets	$4.3M+231%	$1.3M-13.3%	$1.5M-67.4%	$4.6M+1,433%
Total current assets	$1.23B+13.6%	$1.08B-15.2%	$1.27B-5.5%	$1.35B+11.6%
Property and equipment, net	$2.09B+8.1%	$1.93B+18.3%	$1.63B+67.2%	$977.2M+9.7%
Accumulated depreciation	$509.5M+35.3%	$376.5M+47.5%	$255.2M+62.2%	$157.3M+138%
Deferred tax assets	$29.7M-1.3%	$30.1M+0.7%	$29.9M+85.7%	$16.1M-73.0%
Other non-current assets	$20.8M-86.0%	$149.1M-3.4%	$154.4M+32.3%	$116.7M-31.3%
Equity method investments	$121.8M+7.4%	$113.4M-8.8%	$124.4M+12.0%	$111.1M+28.3%
Total assets	$5.3B+20.0%	$4.42B+2.3%	$4.32B+51.1%	$2.86B+9.9%
Accounts payable	$348.2M+6.0%	$328.5M-17.9%	$400.1M+56.0%	$256.5M+13.6%
Accrued expenses	$81.6M-76.8%	$351M+2.0%	$344.2M+38.8%	$247.9M+26.4%
Deferred revenue	$87.7M+0.6%	$87.2M-25.0%	$116.2M+49.0%	$78M+70.3%
Operating lease liabilities, current	$35.6M+27.1%	$28M+2.9%	$27.2M+189%	$9.4M-6.0%
Contract liabilities	$63.2M-11.5%	$71.4M+89.9%	$37.6M-8.3%	$41M+280%
Income taxes payable	$73.9M+29.2%	$57.2M+8.1%	$52.9M+27.8%	$41.4M-9.4%
Accrued interest	$15.4M+0.7%	$15.3M-0.6%	$15.4M+103%	$7.6M0.0%
Total current liabilities	$691.6M+1.8%	$679.5M-8.7%	$744.3M+47.6%	$504.4M+19.5%
Long-term debt	$1.09B+0.3%	$1.08B+0.3%	$1.08B+99.0%	$542.4M-0.5%
Operating lease liabilities, non-current	$37.3M-34.4%	$56.9M+16.4%	$48.9M—	——
Other non-current liabilities	$325.8M-15.0%	$383.2M-18.8%	$471.7M-5.6%	$499.5M-10.5%
Total liabilities	$2.13B-1.9%	$2.18B-6.4%	$2.33B+48.8%	$1.56B—
Preferred stock	$0—	$0—	$0—	$0—
Common stock	$800K0.0%	$800K0.0%	$800K0.0%	$800K0.0%
Additional paid-in capital	$1.13B+1.9%	$1.11B-0.6%	$1.12B+2.0%	$1.1B+1.4%
Retained earnings	$2.38B+70.3%	$1.4B+36.4%	$1.03B+541%	$160.1M+1,076%
Accumulated other comprehensive income (loss)	$60.9M+78.1%	$34.2M+35.7%	$25.2M+71.4%	$14.7M+262%
Treasury stock	$425.1M+30.8%	$325.1M+62.5%	$200.1M—	$0—
Noncontrolling interests	$2.1M-63.8%	$5.8M-38.3%	$9.4M+17.5%	$8M+196%
Total stockholders' equity	$3.17B+41.6%	$2.24B+12.6%	$1.99B+54.1%	$1.29B+20.0%
Total liabilities and stockholders' equity	$5.3B+20.0%	$4.42B+2.3%	$4.32B+51.1%	$2.86B+9.9%
Allowance for Doubtful Accounts	$14.9M-10.2%	$16.6M+8.5%	$15.3M+3.4%	$14.8M-9.8%
Allowance for Doubtful Accounts Receivable (Current)	$14.9M-10.2%	$16.6M+8.5%	$15.3M+3.4%	$14.8M-9.8%
Other current assets	$144.7M+3.9%	$139.3M-21.4%	$177.2M+19.2%	$148.6M+26.1%
Capitalized Contract Costs, Net	——	——	——	——
Contract Assets, Non-Current	$12.8M+133%	$5.5M+22.2%	$4.5M+543%	$700K—
Deferred Tax Assets and Other Non-Current Assets	$159.7M+7.1%	$149.1M-3.4%	$154.4M+32.3%	$116.7M-31.3%
Deferred tax assets	$1.36B+60.6%	$849.5M-0.7%	$855.1M+1,452%	$55.1M-7.7%
Investments	$121.8M+7.4%	$113.4M-8.8%	$124.4M+12.0%	$111.1M+28.3%
Other non-current assets	$159.7M+7.1%	$149.1M-3.4%	$154.4M+32.3%	$116.7M-31.3%
Property, plant and equipment at cost	$2.6B+12.5%	$2.31B+22.3%	$1.89B+66.5%	$1.13B+18.5%
Software and Technology Licenses, Net	$159.7M+7.1%	$149.1M-3.4%	$154.4M+32.3%	$116.7M-31.3%
Accrued Manufacturing Costs	$81.6M-8.5%	$89.2M+16.4%	$76.6M+37.3%	$55.8M+18.0%
Accrued Progress Collections and Price Adjustments	$63.2M-11.5%	$71.4M+89.9%	$37.6M-8.3%	$41M+280%
Commercial Paper Outstanding	——	——	——	——
Deferred income	$87.7M+0.6%	$87.2M-25.0%	$116.2M+49.0%	$78M+70.3%
Compensation and benefits	$81.6M-8.5%	$89.2M+16.4%	$76.6M+37.3%	$55.8M+18.0%
Other accrued liabilities	$343.4M-2.2%	$351M+2.0%	$344.2M+38.8%	$247.9M+26.4%
Customer Advances (Current)	$37.7M-2.3%	$38.6M-48.7%	$75.3M+27.4%	$59.1M+120%
Accrued Employee Benefits (Non-Current)	$68.3M-35.9%	$106.5M-24.8%	$141.6M-11.4%	$159.8M-21.7%
Contract Liabilities, Non-Current	$63.2M-11.5%	$71.4M+89.9%	$37.6M-8.3%	$41M+280%
Deferred revenue, net of current portion	$63.2M-11.5%	$71.4M+89.9%	$37.6M-8.3%	$41M+280%
Liability, Pension and Other Postretirement and Postemployment Benefits, Noncurrent	$68.3M-35.9%	$106.5M-24.8%	$141.6M-11.4%	$159.8M-21.7%
Total debt	$1.16B-0.7%	$1.17B+1.1%	$1.16B+104%	$565.6M-0.4%
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	$136.2M+6.2%	$128.3M-42.7%	$224M-18.5%	$275M-14.1%
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	76.4M+0.3%	76.2M+1.1%	75.4M+0.3%	75.2M+0.3%
Convertible Preferred Stock Authorized Shares	150M0.0%	150M0.0%	150M0.0%	150M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Share Repurchase Authorization Limit	——	——	——	——
Share Repurchase Program - Amount Remaining	——	——	——	——
Warrants and Rights Outstanding	——	——	——	——
Cumulative Cost Basis	$2.6B+12.5%	$2.31B+22.3%	$1.89B+66.5%	$1.13B+18.5%
Accrued Claims	$21.3M—	——	——	——
Allowance for doubtful accounts	$14.9M-10.2%	$16.6M+8.5%	$15.3M+3.4%	$14.8M-9.8%
Capitalized Contract Cost, Amortization Expense, Remainder Of Fiscal Year	——	——	——	——
Capitalized Contract Cost, Amortization Expense, Year Four and Thereafter	——	——	——	——
Capitalized Contract Cost, Amortization Expense, Year Three	——	——	——	——
Capitalized Contract Cost, Amortization Expense, Year Two	——	——	——	——
Capitalized Contract Cost, Net	——	——	——	——
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1	——	——	——	——
Class of Warrant or Right, Outstanding	——	——	——	——
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$700M0.0%	$700M0.0%	$700M0.0%	$700M0.0%
Common stock, shares issued (in shares)	$76.4M+0.3%	$76.2M+1.1%	$75.4M+0.3%	$75.2M+0.3%
Common Stock, Shares, Outstanding	$69.2M-2.5%	$71M-1.9%	$72.4M-3.7%	$75.2M—
Contract with Customer, Asset, after Allowance for Credit Loss	$17.1M+151%	$6.8M+13.3%	$6M+13.2%	$5.3M+1,667%
Contract with Customer, Liability	$150.9M-4.9%	$158.6M+3.1%	$153.8M+29.2%	$119M+110%
Reduced Contingent Contributions To Joint Venture	——	——	——	——
Deferred income taxes	$29.7M-1.3%	$30.1M+0.7%	$29.9M+85.7%	$16.1M—
Deposit Liabilities, Collateral Issued, Financial Instruments	$16.3M+50.9%	$10.8M-14.3%	$12.6M-39.1%	$20.7M-33.4%
Down Payment made for ARO Newbuild 4	——	——	——	——
Income taxes receivable	$49.8M-34.6%	$76.2M-8.4%	$83.2M-11.1%	$93.6M—
Letters of Credit Outstanding, Amount	——	——	——	——
Maximum Contingent Contributions To Joint Venture	——	——	——	——
Noncontrolling interests in subsidiaries	$2.1M-63.8%	$5.8M-38.3%	$9.4M+17.5%	$8M+196%
Number of ARO newbuild rigs ordered	——	——	——	——
Number of ARO Rigs ordered	——	——	——	——
Number of Drilling Management Contracts	——	——	——	——
Number of Newbuild Jackup Rigs	——	——	——	——
Other accrued liabilities	$27.9M-19.4%	$34.6M-2.5%	$35.5M+24.6%	$28.5M—
Other	$35.5M+32.0%	$26.9M-7.9%	$29.2M+6.6%	$27.4M—
Other Deferred Costs Net	$37.7M-2.3%	$38.6M-48.7%	$75.3M+27.4%	$59.1M+120%
Notes and other receivables	$345M+16.5%	$296.2M+4.9%	$282.3M+11.1%	$254M—
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$150M0.0%	$150M0.0%	$150M0.0%	$150M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Prepaid expenses	$13.3M+2.3%	$13M-44.9%	$23.6M+34.9%	$17.5M-24.2%
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——
Semisubmersible Rigs, Retired	——	——	——	——
Share Repurchase Program, Authorized, Amount	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	——	——	——	——
Total Number Of Contract Drilling Rigs	——	——	——	——
Treasury stock, shares (in shares)	$7.2M+38.5%	$5.2M+73.3%	$3M—	——
Penalties and interest accrued on unrecognized tax benefits	$136.2M+6.2%	$128.3M-42.7%	$224M-18.5%	$275M-14.1%
Warrants And Rights Outstanding	$16.4M0.0%	$16.4M0.0%	$16.4M0.0%	$16.4M0.0%

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Questions, answered.

Can Valaris cover its short-term obligations?: Its current ratio is 1.55 — current assets exceed current liabilities.
Where does Valaris's balance sheet data come from?: Every line is extracted from Valaris's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.