Valaris Ltd (VAL)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,238,500 | 1,987,600 | 1,297,900 | 1,060,800 | 4,374,600 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,238,500K)
= 0.00
Valaris Ltd has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has financed its operations primarily through equity rather than debt during this period. A debt-to-capital ratio of 0.00 signifies that the company's total debt is negligible in relation to its total capital, reflecting a strong financial position in terms of leverage and solvency. Valaris Ltd's low debt levels suggest a lower risk of financial distress and a healthy balance sheet structure. Nevertheless, it is important to consider the company's overall capital structure and risk management strategies in light of this ratio.
Peer comparison
Dec 31, 2024