Valaris (VAL-WT) Interest Expenses (2012 - 2021)
Valaris (VAL-WT) recorded quarterly Interest Expenses of $31.0 million in Q4 2021, down 61.3% quarter-over-quarter from $80.1 million in Q4 2020, and down 61.3% on a YoY basis from $80.1 million in Q4 2020.
Valaris (VAL-WT) Interest Expenses (2012 - 2021) Analysis & Trends
Valaris' Interest Expenses history runs 4 years deep, the most recent figure standing at $31.0 million for Q4 2021.
- In Q4 2021, Interest Expenses fell 61.3% year-over-year to $31.0 million; the TTM figure through Sep 2022 stood at $31.0 million (down 61.3% YoY), while the FY2020 annual figure was $290.6 million, down 32.15% from the prior year.
- Interest Expenses was $31.0 million for Q4 2021 at Valaris, down from $80.1 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $80.1 million in Q4 2020 to a low of $31.0 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 9.01 Mn |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 40.56 Mn |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 276.00 Mn |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | 17.49 Mn |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | 25.81 Mn |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | 15.00 Mn |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | 34.67 Mn |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -63.20 Mn |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | 43.76 Mn |
| 10 | Valaris | - | - | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 31.00 Mn |
| Dec 31, 2021 | 31.00 Mn |
| Dec 31, 2020 | 80.10 Mn |
| Dec 31, 2020 | 80.10 Mn |
| Sep 30, 2020 | 73.10 Mn |
| Sep 30, 2020 | 73.10 Mn |
| Mar 31, 2013 | 39.20 Mn |
| Mar 31, 2013 | 39.20 Mn |
| Mar 31, 2012 | 34.60 Mn |
| Mar 31, 2012 | 34.60 Mn |