Valaris Ltd (VAL)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,244,300K
= 0.00
Valaris Ltd has consistently maintained a debt-to-equity ratio of 0.00 across all the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and growth, relying solely on equity financing. A debt-to-equity ratio of 0.00 suggests that the company has a conservative financial structure with no debt burden and a strong equity base. This financial position may be attractive to investors and creditors as it signifies a low level of financial risk and potential for stable returns. However, it is important to consider the context of the industry and business strategy when interpreting this ratio as excessively low debt levels could also indicate underutilization of debt as a source of capital.
Peer comparison
Dec 31, 2024