FLEX LNG Ltd. (FLNG)

FLEX LNG Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	409.62	437.15	410.43	332.33	200.65	128.88
Cash & Short-Term Investments	409.62	437.15	410.43	332.33	200.65	128.88
Cash Growth	6.90%	6.51%	23.50%	65.63%	55.69%	-0.10%
Accounts Receivable	4.03	1.4	0.45	4.86	5.27	4.05
Other Receivables	29.99	24.21	19.48	5.59	9.51	9.83
Receivables	34.01	25.61	19.93	10.45	14.78	13.88
Inventory	5.03	4.82	5.09	5.26	6.45	3.66
Prepaid Expenses	11.16	6.74	7.5	5.94	2.49	11.34
Restricted Cash	0.43	0.05	0.12	0.07	0.52	0.08
Total Current Assets	460.26	474.38	443.06	354.05	224.89	157.85
Property, Plant & Equipment	2,139	2,154	2,217	2,270	2,342	1,856
Long-Term Investments	29.08	40.09	48.83	55.52	5.86	0.11
Other Long-Term Assets	-	-	-	-	-	289.6
Total Assets	2,628	2,669	2,709	2,680	2,573	2,304
Accounts Payable	3.72	2	3.51	1.79	2.02	3.37
Accrued Expenses	22.96	0.47	0.36	21.01	12.92	14.31
Current Portion of Long-Term Debt	47.61	106.71	103.87	95.51	86.24	87.9
Current Unearned Revenue	32.36	-	-	32.96	26.87	25.34
Other Current Liabilities	0.19	49.6	45.53	1.93	3.54	0.91
Total Current Liabilities	166.09	158.78	153.27	153.2	131.59	131.83
Long-Term Debt	733.61	676.89	788.05	1,021	841.5	757.19
Long-Term Leases	943.32	1,027	920.22	597.8	710.45	579.82
Total Liabilities	1,843	1,862	1,862	1,772	1,684	1,469
Common Stock	0.55	0.55	5.45	5.45	5.41	5.41
Additional Paid-In Capital	1,047	1,088	1,205	1,203	1,189	1,190
Retained Earnings	-258.76	-277.49	-354.87	-293.69	-295.64	-358.91
Treasury Stock	-4.22	-4.22	-7.56	-8.08	-9.45	-1.66
Shareholders' Equity	784.85	806.63	847.65	907.09	889.39	835.18
Total Liabilities & Equity	2,628	2,669	2,709	2,680	2,573	2,304
Total Debt	1,784	1,810	1,812	1,715	1,638	1,425
Net Cash (Debt)	-1,374	-1,373	-1,402	-1,382	-1,438	-1,296
Net Cash Per Share	-25.42	-25.41	-25.96	-25.83	-26.95	-23.88
Filing Date Shares Outstanding	54.09	54.09	53.74	53.68	53.13	53.44
Total Common Shares Outstanding	54.09	54.09	53.74	53.68	53.13	53.91
Working Capital	294.17	315.6	289.79	200.85	93.3	26.01
Book Value Per Share	14.51	14.91	15.77	16.90	16.74	15.49
Tangible Book Value	784.85	806.63	847.65	907.09	889.39	835.18
Tangible Book Value Per Share	14.51	14.91	15.77	16.90	16.74	15.49
Machinery	2,521	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