FLNG
Price:
$31.28
Market Cap:
$1.69B
Flex LNG Ltd., operating through its various subsidiaries, specializes in the global maritime transportation of liquefied natural gas (LNG). As of February 16, 2022, the company's operational fleet consisted of thirteen cutting-edge LNG carriers: nine M-type vessels equipped with electronically controlled gas injection systems, and four ships utilizing advanced Generation X dual-fuel propulsion technology. Beyond its core shipping activities, Flex LNG also provides professional chartering and vessel management services. The company was established in 2006 and maintains its principal office in Hamilton, Bermuda.
Industry
Oil & Gas Midstream
IPO Date
2019-06-17
Stock Exchange
NYSE
Ticker
FLNG
According to FLEX LNG Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.72. This represents a change of -6.85% compared to the average of 2.92 of the last 4 quarters.
The mean historical Current Ratio of FLEX LNG Ltd. over the last ten years is 2.37. The current 2.72 Current Ratio has changed 11.39% with respect to the historical average. Over the past ten years (40 quarters), FLNG's Current Ratio was at its highest in in the March 2018 quarter at 8.37. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
2.37
Median
2.40
Minimum
1.20
Maximum
3.99
Discovering the peaks and valleys of FLEX LNG Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 186.09%
Maximum Annual Current Ratio = 3.99
Minimum Annual Increase = -78.51%
Minimum Annual Current Ratio = 1.20
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.03 | 1.58% |
| 2024 | 2.99 | 3.35% |
| 2023 | 2.89 | 25.09% |
| 2022 | 2.31 | 35.22% |
| 2021 | 1.71 | 42.74% |
| 2020 | 1.20 | -51.96% |
| 2019 | 2.49 | 46.26% |
| 2018 | 1.70 | -57.24% |
| 2017 | 3.99 | 186.09% |
| 2016 | 1.39 | -78.51% |
The current Current Ratio of FLEX LNG Ltd. (FLNG) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.97
5-year avg
2.59
10-year avg
2.37
FLEX LNG Ltd.’s Current Ratio is greater than Global Partners LP (1.12), greater than Navigator Holdings Ltd. (1.15), less than Innovex International, Inc. (5.10), less than Flowco Holdings Inc. (3.09), greater than Dorian LPG Ltd. (2.67), greater than World Kinect Corporation (1.05), greater than National Energy Services Reunited Corp. (1.04), greater than Dnow Inc. (2.42), greater than Enerflex Ltd. (1.20), greater than Bristow Group Inc. (2.15),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.12 | $1.60B | |
| 1.15 | $1.42B | |
| 5.10 | $2.02B | |
| 3.09 | $2.21B | |
| 2.67 | $1.93B | |
| 1.05 | $1.63B | |
| 1.04 | $2.67B | |
| 2.42 | $1.65B | |
| 1.20 | $2.97B | |
| 2.15 | $1.30B |
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