Valaris Ltd (VAL)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,238,500K
= 0.00
The debt-to-equity ratio for Valaris Ltd has consistently been 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 typically indicates that the company has no debt in relation to its equity, which could suggest a lower financial risk and a stronger financial position. However, it's important to note that a debt-to-equity ratio of 0.00 could also signal that the company has not utilized debt as a source of financing, which might limit its growth opportunities or indicate conservative financial management. Overall, based on the consistent 0.00 debt-to-equity ratio, Valaris Ltd appears to have a healthy balance between debt and equity in its capital structure.
Peer comparison
Dec 31, 2024