Valaris Total Revenue vs Income Tax Expense Analysis
VAL Stock | USD 69.20 1.42 2.10% |
Valaris financial indicator trend analysis is much more than just breaking down Valaris prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Valaris is a good investment. Please check the relationship between Valaris Total Revenue and its Income Tax Expense accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valaris. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Valaris Stock please use our How to buy in Valaris Stock guide.
Total Revenue vs Income Tax Expense
Total Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Valaris Total Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have weak relationship.
The correlation between Valaris' Total Revenue and Income Tax Expense is 0.35. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Valaris, assuming nothing else is changed. The correlation between historical values of Valaris' Total Revenue and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Valaris are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Revenue i.e., Valaris' Total Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Valaris generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Income Tax Expense
Most indicators from Valaris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Valaris current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valaris. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Valaris Stock please use our How to buy in Valaris Stock guide.At this time, Valaris' Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 23.20 this year, although the value of Discontinued Operations is projected to rise to (6.9 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 88M | 80.9M | 99.3M | 94.3M | Cost Of Revenue | 1.3B | 1.5B | 1.6B | 1.1B |
Valaris fundamental ratios Correlations
Click cells to compare fundamentals
Valaris Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Valaris fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.9B | 12.9B | 2.6B | 2.9B | 4.3B | 8.0B | |
Short Long Term Debt Total | 6.1B | 15.7M | 545.3M | 551.8M | 1.2B | 2.0B | |
Other Current Liab | 366.6M | 177.1M | 140.4M | 160.5M | 200.8M | 113.0M | |
Total Current Liabilities | 830.7M | 426.8M | 422M | 504.4M | 744.3M | 508.3M | |
Total Stockholder Equity | 9.3B | 4.4B | 1.1B | 1.3B | 2.0B | 1.9B | |
Property Plant And Equipment Net | 15.2B | 11.0B | 890.9M | 977.2M | 1.6B | 1.6B | |
Net Debt | 6.0B | (310.1M) | (63.4M) | (172.3M) | 534.9M | 508.2M | |
Retained Earnings | 671.7M | (4.2B) | (33M) | 160.1M | 1.0B | 1.8B | |
Accounts Payable | 288.2M | 176.4M | 225.8M | 256.5M | 400.1M | 420.1M | |
Cash | 97.2M | 325.8M | 608.7M | 724.1M | 620.5M | 457.6M | |
Non Current Assets Total | 15.9B | 11.7B | 1.4B | 1.5B | 3.1B | 2.9B | |
Non Currrent Assets Other | 115.0M | 51.7M | 176M | 425.8M | 154.4M | 162.1M | |
Cash And Short Term Investments | 97.2M | 325.8M | 608.7M | 724.1M | 620.5M | 613.2M | |
Net Receivables | 520.7M | 449.2M | 444.2M | 449.1M | 459.3M | 379.8M | |
Common Stock Shares Outstanding | 173.4M | 198.9M | 75M | 75.6M | 75.2M | 96.3M | |
Liabilities And Stockholders Equity | 16.9B | 12.9B | 2.6B | 2.9B | 4.3B | 8.0B | |
Non Current Liabilities Total | 6.8B | 8.1B | 1.1B | 1.1B | 1.6B | 2.7B | |
Inventory | 340.1M | 279.4M | 35.9M | 24.4M | 163.2M | 170.6M | |
Other Current Assets | 83.1M | 13.4M | 117.8M | 148.6M | 29.2M | 27.7M | |
Other Stockholder Equity | 8.6B | 8.6B | 1.1B | 1.1B | 936.1M | 889.3M | |
Total Liab | 7.6B | 8.5B | 1.5B | 1.6B | 2.3B | 3.2B | |
Property Plant And Equipment Gross | 15.2B | 11.0B | 977.5M | 1.1B | 1.9B | 1.8B | |
Total Current Assets | 1.0B | 1.2B | 1.2B | 1.3B | 1.3B | 1.2B | |
Accumulated Other Comprehensive Income | 6.2M | (87.9M) | (9.1M) | 14.7M | 25.2M | 26.5M | |
Common Stock | 46.2M | 82.5M | 82.6M | 800K | 920K | 874K | |
Current Deferred Revenue | 30M | 57.6M | 45.8M | 78M | 116.2M | 173.6M | |
Short Term Debt | 145.9M | 15.7M | 10M | 9.4M | 27.2M | 25.8M | |
Intangible Assets | 15.7M | 2.5M | 11.9M | 2.4M | 2.2M | 2.1M | |
Other Assets | 571.2M | 580.7M | 404.6M | 171.8M | 197.6M | 330.3M | |
Long Term Debt | 5.0B | 5.9B | 545.3M | 542.4M | 1.1B | 1.0B | |
Long Term Debt Total | 5.9B | 0.0 | 545.3M | 542.4M | 488.2M | 463.8M | |
Capital Surpluse | 8.6B | 8.6B | 1.1B | 1.1B | 988.1M | 938.7M | |
Treasury Stock | (69M) | (72.2M) | (77.3M) | (76.2M) | (68.6M) | (72.0M) | |
Cash And Equivalents | 97.2M | 325.8M | 608.7M | 724.1M | 651.7M | 415.5M | |
Property Plant Equipment | 15.2B | 11.0B | 911.4M | 977.2M | 879.5M | 835.5M | |
Other Liab | 815.6M | 740.8M | 581.1M | 515.6M | 592.9M | 629.9M | |
Net Tangible Assets | 9.3B | 4.4B | 1.1B | 1.3B | 1.2B | 1.1B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Valaris is a strong investment it is important to analyze Valaris' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Valaris' future performance. For an informed investment choice regarding Valaris Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Valaris. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Valaris Stock please use our How to buy in Valaris Stock guide.Note that the Valaris information on this page should be used as a complementary analysis to other Valaris' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Valaris Stock analysis
When running Valaris' price analysis, check to measure Valaris' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Valaris is operating at the current time. Most of Valaris' value examination focuses on studying past and present price action to predict the probability of Valaris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Valaris' price. Additionally, you may evaluate how the addition of Valaris to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |
Is Valaris' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Valaris. If investors know Valaris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Valaris listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 28.7 | Earnings Share 11.51 | Revenue Per Share 24.078 | Quarterly Revenue Growth 0.116 | Return On Assets 0.0072 |
The market value of Valaris is measured differently than its book value, which is the value of Valaris that is recorded on the company's balance sheet. Investors also form their own opinion of Valaris' value that differs from its market value or its book value, called intrinsic value, which is Valaris' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Valaris' market value can be influenced by many factors that don't directly affect Valaris' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Valaris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Valaris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valaris' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.