SFL Corporation Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	150.83	134.55	165.49	188.36	145.62
Short-Term Investments	4.15	3.74	5.1	7.28	10.97
Trading Asset Securities	-	0.12	4.62	1.94	-
Cash & Short-Term Investments	154.98	138.41	175.21	197.58	156.59
Cash Growth	11.97%	-21.01%	-11.32%	26.17%	-33.43%
Accounts Receivable	6.94	45.21	48.66	34.5	21.65
Other Receivables	-	-	-	26.05	15.44
Receivables	6.94	45.21	48.66	60.55	37.09
Inventory	-	17.39	11.73	16.4	10.12
Finance Div. Loans and Leases	-	35.14	20.64	15.43	23.48
Prepaid Expenses	-	13.87	12.55	7.03	4.45
Restricted Cash	-	-	-	-	8.34
Other Current Assets	97.3	66.01	29.27	-	10.24
Total Current Assets	259.22	316.02	298.06	296.98	250.32
Property, Plant & Equipment	3,304	3,715	3,314	3,355	2,887
Long-Term Investments	15.83	31.91	30.08	43.26	18.8
Finance Div. Loans and Leases Long-Term	-	-	35.1	103.59	181.28
Other Long-Term Assets	14.39	0.29	8.91	17.61	77.24
Total Assets	3,638	4,108	3,731	3,861	3,459
Accounts Payable	-	34.31	30.26	7.89	1.77
Accrued Expenses	-	51.49	39.24	27.34	19.83
Current Portion of Long-Term Debt	605.94	589.05	432.92	923.53	303.51
Current Portion of Leases	-	100	419.34	53.66	51.2
Current Unearned Revenue	-	23.67	31.96	27.2	21.51
Other Current Liabilities	104.38	29.35	15.47	17	2.5
Total Current Liabilities	710.33	827.86	969.2	1,057	400.32
Long-Term Debt	1,961	1,548	1,140	889.29	1,594
Long-Term Leases	-	602.16	573.46	813.9	473
Other Long-Term Liabilities	6.42	0.97	8.97	10.31	10.05
Total Liabilities	2,677	2,979	2,692	2,770	2,477
Common Stock	960.86	1.47	1.39	1.39	1.39
Additional Paid-In Capital	-	1,134	1,043	1,041	1,083
Retained Earnings	-	-	0.96	40.02	-92.72
Treasury Stock	-	-10.17	-10.17	-	-
Comprehensive Income & Other	-	3.21	4.5	8.71	-9.19
Shareholders' Equity	960.86	1,128	1,039	1,091	982.33
Total Liabilities & Equity	3,638	4,108	3,731	3,861	3,459
Total Debt	2,566	2,840	2,566	2,680	2,421
Net Cash (Debt)	-2,412	-2,701	-2,391	-2,483	-2,265
Net Cash Per Share	-18.12	-20.78	-18.89	-18.07	-16.25
Filing Date Shares Outstanding	132.8	133.97	125.74	138.56	126.79
Total Common Shares Outstanding	132.8	133.94	125.7	138.56	126.79
Working Capital	-451.11	-511.84	-671.14	-759.63	-150
Book Value Per Share	7.24	8.42	8.27	7.88	7.75
Tangible Book Value	960.86	1,128	1,039	1,091	982.33
Tangible Book Value Per Share	7.24	8.42	8.27	7.88	7.75
Buildings	-	146.5	83.86	93.73	-
Machinery	-	4,528	3,454	3,345	2,783
Construction In Progress	-	15.76	2.19	-	-
Order Backlog	3,700	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.