Valaris (VAL) Interest Coverage Ratio (2012 - 2021)
Valaris (VAL) recorded quarterly Interest Coverage Ratio of 0.24 in Q4 2021, up 88.85% quarter-over-quarter from 2.11 in Q4 2020, and up 88.85% on a YoY basis from 0.12 in Q4 2020.
Valaris (VAL) Interest Coverage Ratio (2012 - 2021) Analysis & Trends
Valaris' Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 0.24 for Q4 2021.
- In Q4 2021, Interest Coverage Ratio rose 88.85% year-over-year to 0.24; the TTM figure through Sep 2022 stood at 0.36 (up 97.12% YoY), while the FY2020 annual figure was 14.92, down 853.78% from the prior year.
- Interest Coverage Ratio was 0.24 for Q4 2021 at Valaris, up from 2.11 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.24 in Q4 2021 to a low of 2.11 in Q4 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 10.03 |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 5.56 |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 1.04 |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | -0.82 |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | -1.43 |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | 1.60 |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | -3.43 |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -0.73 |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | -10.86 |
| 10 | Valaris | 478.59 Mn | -99.21 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | -0.24 |
| Dec 31, 2020 | -2.11 |
| Sep 30, 2020 | -1.29 |
| Mar 31, 2013 | 9.70 |
| Mar 31, 2012 | 9.95 |