FLNG.OL
Price:
$265
Market Cap:
$1.30B
Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.[Read more]
Industry
Oil & Gas Midstream
IPO Date
2009-10-30
Stock Exchange
OSL
Ticker
FLNG.OL
According to FLEX LNG Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.57. This represents a change of -7.92% compared to the average of 2.79 of the last 4 quarters.
The mean historical Current Ratio of FLEX LNG Ltd. over the last ten years is 3.22. The current 2.57 Current Ratio has changed 7.87% with respect to the historical average. Over the past ten years (40 quarters), FLNG.OL's Current Ratio was at its highest in in the March 2015 quarter at 16.33. The Current Ratio was at its lowest in in the March 2017 quarter at 0.
Average
3.22
Median
2.40
Minimum
1.20
Maximum
8.08
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 = 8.08
Minimum Annual Increase = -78.51%
Minimum Annual Current Ratio = 1.20
Year | Current Ratio | Change |
---|---|---|
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% |
2015 | 6.48 | -19.75% |
2014 | 8.08 | 101.36% |
The current Current Ratio of FLEX LNG Ltd. (FLNG.OL) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
2.30
5-year avg
2.12
10-year avg
3.22
FLEX LNG Ltd.’s Current Ratio is greater than BW LPG Limited (1.63), greater than Frontline Ltd. (1.38), greater than Golden Ocean Group Limited (1.17), less than Avance Gas Holding Ltd (5.40), greater than Awilco LNG ASA (1.42),
Company | Current Ratio | Market cap |
---|---|---|
1.63 | $18.73B | |
1.38 | $47.62B | |
1.17 | $25.46B | |
5.40 | $8.06B | |
1.42 | $804.57M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like FLEX LNG Ltd. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like FLEX LNG Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is FLEX LNG Ltd.'s Current Ratio?
How is the Current Ratio calculated for FLEX LNG Ltd. (FLNG.OL)?
What is the highest Current Ratio for FLEX LNG Ltd. (FLNG.OL)?
What is the 3-year average Current Ratio for FLEX LNG Ltd. (FLNG.OL)?
What is the 5-year average Current Ratio for FLEX LNG Ltd. (FLNG.OL)?
How does the current Current Ratio for FLEX LNG Ltd. (FLNG.OL) compare to its historical average?