Flex LNG Ltd (FLNG)
26.15
-0.03
(-0.11%)
USD |
NYSE |
Nov 22, 14:23
Flex LNG Debt to Equity Ratio: 0.9977 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
September 30, 2024 | 0.9977 |
June 30, 2024 | 1.062 |
March 31, 2024 | 1.056 |
December 31, 2023 | 2.138 |
September 30, 2023 | 2.101 |
June 30, 2023 | 2.143 |
March 31, 2023 | 2.170 |
December 31, 2022 | 1.890 |
September 30, 2022 | 1.901 |
June 30, 2022 | 1.878 |
March 31, 2022 | 1.773 |
December 31, 2021 | 1.837 |
September 30, 2021 | 1.866 |
June 30, 2021 | 1.917 |
March 31, 2021 | 1.771 |
Date | Value |
---|---|
December 31, 2020 | 1.678 |
September 30, 2020 | 1.388 |
June 30, 2020 | 0.9381 |
March 31, 2020 | 0.9414 |
December 31, 2019 | 0.928 |
September 30, 2019 | 0.8981 |
June 30, 2019 | 0.691 |
March 31, 2019 | 0.5451 |
December 31, 2018 | 0.5499 |
September 30, 2018 | 0.8917 |
June 30, 2018 | 0.9359 |
March 31, 2018 | 0.5209 |
December 31, 2017 | 0.3076 |
September 30, 2017 | 0.3084 |
June 30, 2017 | 0.306 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.928
Minimum
Dec 2019
2.170
Maximum
Mar 2023
1.619
Average
1.805
Median
Debt to Equity Ratio Benchmarks
Cool Co Ltd | 1.326 |
DHT Holdings Inc | 0.3955 |
Golar LNG Ltd | 0.5626 |
Nabors Industries Ltd | 13.08 |
Borr Drilling Ltd | 2.022 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 2.530B |
Total Liabilities (Quarterly) | 1.728B |
Shareholders Equity (Quarterly) | 801.93M |
Current Ratio | 2.215 |
Net Debt Paydown Yield | 15.46% |