Valaris Ltd (VAL) — Defensive Interval Ratio

Latest as of March 2026: 214 days

Valaris Ltd (VAL) has a Defensive Interval Ratio of 214 days as of March 2026. Defensive assets of $455.00 Million (cash $-, short-term investments $-, receivables $455.00 Million) cover 214 days of daily cash needs of $2.13 Million/day. Check Valaris Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

214 days
Days of operational coverage

Defensive Assets

$455.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.13 Million
Current Liabilities ÷ 365

Current Liabilities

$777.70 Million
USD

Valaris Ltd Defensive Interval Ratio (1993–2025)

This chart shows how Valaris Ltd's Defensive Interval Ratio has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 214 days, meaning defensive assets of $455.00 Million can fund 214 days of operations without new revenue. Also explore VAL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Valaris Ltd (1993–2025)

The table below presents the year-by-year Defensive Interval Ratio for Valaris Ltd from 1993 to 2025, covering 33 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of Valaris Ltd.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 569 days $1.08 Billion $1.89 Million/day $599.40 Million $- ▲ +65 days
2024 505 days $939.40 Million $1.86 Million/day $368.20 Million $- ▼ -25 days
2023 530 days $1.08 Billion $2.04 Million/day $620.50 Million $- ▼ -319 days
2022 849 days $1.17 Billion $1.38 Million/day $724.10 Million $0.00 ▼ -62 days
2021 911 days $1.05 Billion $1.16 Million/day $608.70 Million $- ▲ +145 days
2020 765 days $895.00 Million $1.17 Million/day $325.80 Million $120.00 Million ▲ +494 days
2019 271 days $617.90 Million $2.28 Million/day $97.20 Million $- ▼ -384 days
2018 655 days $948.80 Million $1.45 Million/day $275.10 Million $329.00 Million ▲ +63 days
2017 592 days $1.23 Billion $2.08 Million/day $445.40 Million $440.00 Million ▼ -674 days
2016 1266 days $2.96 Billion $2.34 Million/day $1.16 Billion $1.44 Billion ▲ +437 days
2015 829 days $1.76 Billion $2.12 Million/day $- $1.18 Billion ▲ +291 days
2014 538 days $1.62 Billion $3.02 Million/day $- $757.30 Million ▲ +222 days
2013 316 days $905.70 Million $2.87 Million/day $- $50.00 Million ▼ -2 days
2012 318 days $861.40 Million $2.71 Million/day $- $50.00 Million ▲ +78 days
2011 240 days $870.00 Million $3.62 Million/day $- $32.00 Million ▼ -2 days
2010 242 days $231.60 Million $956.16K/day $- $- ▼ -2 days
2009 244 days $324.60 Million $1.33 Million/day $- $- ▼ -167 days
2008 412 days $482.70 Million $1.17 Million/day $- $- ▲ +130 days
2007 282 days $389.40 Million $1.38 Million/day $- $- ▼ -43 days
2006 325 days $342.70 Million $1.05 Million/day $- $- ▼ -100 days
2005 425 days $269.00 Million $632.88K/day $- $- ▲ +116 days
2004 309 days $183.00 Million $591.78K/day $- $- ▲ +18 days
2003 291 days $149.00 Million $512.33K/day $- $- ▼ -78 days
2002 369 days $200.00 Million $542.47K/day $- $38.00 Million ▲ +6 days
2001 363 days $148.00 Million $408.22K/day $- $32.00 Million ▼ -133 days
2000 496 days $159.00 Million $320.55K/day $- $- ▲ +209 days
1999 287 days $106.00 Million $369.86K/day $- $21.00 Million ▲ +16 days
1998 271 days $118.00 Million $435.62K/day $- $- ▼ -167 days
1997 437 days $157.00 Million $358.90K/day $- $- ▲ +48 days
1996 390 days $111.00 Million $284.93K/day $- $- ▲ +113 days
1995 277 days $66.00 Million $238.36K/day $- $5.00 Million ▲ +86 days
1994 191 days $46.00 Million $241.10K/day $- $6.00 Million ▼ -91 days
1993 282 days $51.00 Million $180.82K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)