FLEX LNG Ltd. (FLNG)

FLEX LNG Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	437.15	410.43	332.33	200.65	128.88
Cash & Short-Term Investments	437.15	410.43	332.33	200.65	128.88
Cash Growth	6.51%	23.50%	65.63%	55.69%	-0.10%
Accounts Receivable	1.4	0.45	4.86	5.27	4.05
Other Receivables	24.21	19.48	5.59	9.51	9.83
Receivables	25.61	19.93	10.45	14.78	13.88
Inventory	4.82	5.09	5.26	6.45	3.66
Prepaid Expenses	6.74	7.5	5.94	2.49	11.34
Restricted Cash	0.05	0.12	0.07	0.52	0.08
Total Current Assets	474.38	443.06	354.05	224.89	157.85
Property, Plant & Equipment	2,154	2,217	2,270	2,342	1,856
Long-Term Investments	40.09	48.83	55.52	5.86	0.11
Other Long-Term Assets	-	-	-	-	289.6
Total Assets	2,669	2,709	2,680	2,573	2,304
Accounts Payable	2	3.51	1.79	2.02	3.37
Accrued Expenses	0.47	0.36	21.01	12.92	14.31
Current Portion of Long-Term Debt	106.71	103.87	95.51	86.24	87.9
Current Unearned Revenue	-	-	32.96	26.87	25.34
Other Current Liabilities	49.6	45.53	1.93	3.54	0.91
Total Current Liabilities	158.78	153.27	153.2	131.59	131.83
Long-Term Debt	676.89	788.05	1,021	841.5	757.19
Long-Term Leases	1,027	920.22	597.8	710.45	579.82
Total Liabilities	1,862	1,862	1,772	1,684	1,469
Common Stock	0.55	5.45	5.45	5.41	5.41
Additional Paid-In Capital	1,088	1,205	1,203	1,189	1,190
Retained Earnings	-277.49	-354.87	-293.69	-295.64	-358.91
Treasury Stock	-4.22	-7.56	-8.08	-9.45	-1.66
Shareholders' Equity	806.63	847.65	907.09	889.39	835.18
Total Liabilities & Equity	2,669	2,709	2,680	2,573	2,304
Total Debt	1,810	1,812	1,715	1,638	1,425
Net Cash (Debt)	-1,373	-1,402	-1,382	-1,438	-1,296
Net Cash Per Share	-25.41	-25.96	-25.83	-26.95	-23.88
Filing Date Shares Outstanding	54.09	53.74	53.68	53.13	53.44
Total Common Shares Outstanding	54.09	53.74	53.68	53.13	53.91
Working Capital	315.6	289.79	200.85	93.3	26.01
Book Value Per Share	14.91	15.77	16.90	16.74	15.49
Tangible Book Value	806.63	847.65	907.09	889.39	835.18
Tangible Book Value Per Share	14.91	15.77	16.90	16.74	15.49
Machinery	2,518	2,511	2,500	2,500	1,944

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q