VALValaris Limited
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -64% · now 26% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can VAL take a bad year?
The deepest fall in VAL's price history on file is −64%; it is 26% below its high today.
Net debt · as at Q2 2026 · debt less the cash on hand
- Cash runway
- 5+ years
Cash runway · burning $6.0M a quarter at the current rate
- Annualised volatility
- 56%
Annualised volatility · roughly twice as jumpy as the market
- Worst drawdown on file
- −64%
Worst drawdown on file · −26% today
Details›
- Total debtQ2 2026
- $1.09B
- Cash and short-term investments
- $541M
- Net debt
- $546M
- Operating profit, trailing twelve months
- $241M
- Debt / equity
- 0.34×
- Annualised volatilitytwo years of daily moves
- 56%
- Worst drawdown on file
- −64%
- Below its 52-week high
- 26%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.