FLEX LNG Ltd. (OSL: FLNG)

FLEX LNG Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	370.2	410.43	332.33	200.65	128.88	129.01
Cash & Short-Term Investments	370.2	410.43	332.33	200.65	128.88	129.01
Cash Growth	-17.70%	23.50%	65.62%	55.69%	-0.10%	134.84%
Accounts Receivable	6.23	0.45	4.86	5.27	4.05	5.43
Other Receivables	25.7	19.48	5.59	9.51	9.83	3.89
Receivables	31.92	19.93	10.45	14.78	13.88	9.32
Inventory	4.95	5.09	5.26	6.45	3.66	2.69
Prepaid Expenses	8.12	7.5	5.94	2.49	11.34	2.79
Restricted Cash	0.05	0.12	0.07	0.52	0.08	0.09
Total Current Assets	415.25	443.06	354.05	224.89	157.85	143.89
Property, Plant & Equipment	2,190	2,217	2,270	2,342	1,856	1,147
Long-Term Investments	36.3	48.83	55.52	5.86	0.11	0.64
Other Long-Term Assets	-	-	-	-	289.6	349.47
Total Assets	2,642	2,709	2,680	2,573	2,304	1,641
Accounts Payable	2.76	3.51	1.79	2.02	3.37	0.58
Accrued Expenses	19.57	12.94	21.01	12.92	14.31	6.93
Current Portion of Long-Term Debt	53.51	103.87	95.51	86.24	87.9	36.94
Current Unearned Revenue	34.07	32.44	32.96	26.87	25.34	12.58
Other Current Liabilities	0.65	0.51	1.93	3.54	0.91	0.71
Total Current Liabilities	161.6	153.27	153.2	131.59	131.83	57.73
Long-Term Debt	821.61	788.05	1,021	841.5	757.19	302.36
Long-Term Leases	834.69	920.22	597.8	710.45	579.82	441.92
Other Long-Term Liabilities	-	-	-	-	-	0
Total Liabilities	1,818	1,862	1,772	1,684	1,469	802.02
Common Stock	0.55	5.45	5.45	5.41	5.41	5.41
Additional Paid-In Capital	1,169	1,205	1,203	1,189	1,190	1,190
Retained Earnings	-340.12	-354.87	-293.69	-295.64	-358.91	-356.2
Treasury Stock	-6.26	-7.56	-8.08	-9.45	-1.66	-
Shareholders' Equity	823.61	847.65	907.09	889.39	835.18	839.27
Total Liabilities & Equity	2,642	2,709	2,680	2,573	2,304	1,641
Total Debt	1,761	1,812	1,715	1,638	1,425	781.22
Net Cash (Debt)	-1,391	-1,402	-1,382	-1,438	-1,296	-652.22
Net Cash Per Share	-25.74	-25.96	-25.83	-26.95	-23.88	-12.02
Filing Date Shares Outstanding	53.87	53.74	53.68	53.13	53.44	54.11
Total Common Shares Outstanding	53.87	53.74	53.68	53.13	53.91	54.11
Working Capital	253.65	289.79	200.85	93.3	26.01	86.16
Book Value Per Share	15.29	15.77	16.90	16.74	15.49	15.51
Tangible Book Value	823.61	847.65	907.09	889.39	835.18	839.27
Tangible Book Value Per Share	15.29	15.77	16.90	16.74	15.49	15.51
Machinery	2,516	2,511	2,500	2,500	1,944	1,193

Source: S&P Capital IQ. Standard template. Financial Sources.