Valaris Ltd (VAL)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,244,300 | 2,114,900 | 2,176,800 | 2,020,900 | 1,987,600 | 1,200,000 | 1,266,100 | 1,352,000 | 1,297,900 | 1,214,400 | 1,140,400 | 1,022,600 | 1,060,800 | 1,036,600 | 1,089,500 | 3,463,100 | 4,374,600 | 4,518,700 | 5,190,400 | 6,298,300 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 + $2,244,300K)
= 0.00
The debt-to-capital ratio of Valaris Ltd has been consistently reported as 0.00% for every quarter from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00% signifies that the company has not been using debt to finance its operations and investments, as its total debt is zero relative to its total capital (equity + debt). This could indicate that Valaris Ltd has been funding its operations primarily through equity or other non-debt sources, which may suggest a conservative financial strategy. However, it is important to consider other financial ratios and qualitative factors to gain a more holistic understanding of the company's financial health and risk profile.
Peer comparison
Dec 31, 2024