GLNG
Price:
$49.6
Market Cap:
$5.05B
Golar LNG Limited specializes in providing marine-based infrastructure for the liquefaction and regasification of liquefied natural gas (LNG). The company's core business encompasses the design, construction, ownership, and operation of these specialized assets. Its operations are organized into two key segments: Shipping and Floating Liquefied Natural Gas (FLNG). Golar LNG's activities involve both the management and chartering of LNG carriers, FLNG vessels, and floating storage regasification units (FSRUs), in addition to operating third-party owned vessels. As of December 31, 2021, its fleet comprised nine LNG carriers, one FSRU, and three FLNGs. Established in 1946, the company maintains...[Read more]
Industry
Oil & Gas Midstream
IPO Date
2003-07-15
Stock Exchange
NASDAQ
Ticker
GLNG
According to Golar LNG Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.57. This represents a change of 30.02% compared to the average of 1.98 of the last 4 quarters.
The mean historical Current Ratio of Golar LNG Limited over the last ten years is 1.10. The current 2.57 Current Ratio has changed 23.17% with respect to the historical average. Over the past ten years (40 quarters), GLNG's Current Ratio was at its highest in in the December 2022 quarter at 3.04. The Current Ratio was at its lowest in in the September 2020 quarter at 0.15.
Average
1.10
Median
0.72
Minimum
0.26
Maximum
3.04
Discovering the peaks and valleys of Golar LNG Limited 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 = 328.89%
Maximum Annual Current Ratio = 3.04
Minimum Annual Increase = -60.42%
Minimum Annual Current Ratio = 0.26
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.55 | 189.50% |
| 2024 | 0.88 | -41.16% |
| 2023 | 1.49 | -50.79% |
| 2022 | 3.04 | 328.89% |
| 2021 | 0.71 | 55.39% |
| 2020 | 0.46 | 77.17% |
| 2019 | 0.26 | -60.42% |
| 2018 | 0.65 | 124.04% |
| 2017 | 0.29 | -59.85% |
| 2016 | 0.72 | 5.80% |
The current Current Ratio of Golar LNG Limited (GLNG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.64
5-year avg
1.73
10-year avg
1.10
Golar LNG Limited’s Current Ratio is greater than Ultrapar Participações S.A. (1.67), greater than Magnolia Oil & Gas Corporation (1.10), greater than Archrock, Inc. (1.41), less than Transportadora de Gas del Sur S.A. (5.11), greater than PBF Energy Inc. (1.31), greater than Valaris Limited (1.48), greater than Valvoline Inc. (0.73), greater than Noble Corporation Plc (1.99), greater than Plains GP Holdings, L.P. (0.94), greater than Frontline Ltd. (2.03),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.67 | $5.14B | |
| 1.10 | $4.88B | |
| 1.41 | $6.48B | |
| 5.11 | $4.76B | |
| 1.31 | $4.41B | |
| 1.48 | $5.44B | |
| 0.73 | $4.86B | |
| 1.99 | $6.65B | |
| 0.94 | $4.60B | |
| 2.03 | $9.11B |
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