Flex LNG Ltd (FLNG)
25.74
+0.09
(+0.35%)
USD |
NYSE |
Nov 14, 12:32
Flex LNG Debt to Equity Ratio: 1.062 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| December 31, 2020 | 1.678 |
| Date | Value |
|---|---|
| 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
1.651
Average
1.837
Median
Dec 2021
Debt to Equity Ratio Benchmarks
| Cool Co Ltd | 1.326 |
| DHT Holdings Inc | 0.3994 |
| Golar LNG Ltd | 0.5626 |
| Nabors Industries Ltd | 13.08 |
| Borr Drilling Ltd | 2.022 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.642B |
| Total Liabilities (Quarterly) | 1.818B |
| Shareholders Equity (Quarterly) | 823.61M |
| Current Ratio | 2.570 |
| Net Debt Paydown Yield | 13.93% |