FLEX Change To Netincome from 2010 to 2024

FLNG Stock  USD 26.34  0.16  0.61%   
FLEX LNG's Change To Netincome is decreasing over the last several years with slightly volatile swings. Change To Netincome is estimated to finish at about -50.3 M this year. During the period from 2010 to 2024 FLEX LNG Change To Netincome regressed destribution of quarterly values had mean deviationof  19,762,767 and mean square error of 393.8 T. View All Fundamentals
 
Change To Netincome  
First Reported
2018-06-30
Previous Quarter
-26.6 M
Current Value
-8.6 M
Quarterly Volatility
13.3 M
 
Covid
Check FLEX LNG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FLEX LNG's main balance sheet or income statement drivers, such as Interest Expense of 114.2 M, Other Operating Expenses of 99.3 M or Operating Income of 228 M, as well as many indicators such as Price To Sales Ratio of 7.32, Dividend Yield of 0.12 or PTB Ratio of 2.57. FLEX financial statements analysis is a perfect complement when working with FLEX LNG Valuation or Volatility modules.
  
Check out the analysis of FLEX LNG Correlation against competitors.
For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.

Latest FLEX LNG's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of FLEX LNG over the last few years. It is FLEX LNG's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FLEX LNG's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

FLEX Change To Netincome Regression Statistics

Arithmetic Mean(10,964,887)
Coefficient Of Variation(227.14)
Mean Deviation19,762,767
Median91,000
Standard Deviation24,905,787
Sample Variance620.3T
Range86.8M
R-Value(0.64)
Mean Square Error393.8T
R-Squared0.41
Significance0.01
Slope(3,568,272)
Total Sum of Squares8684.2T

FLEX Change To Netincome History

2024-50.3 M
2023-53 M
2022-58.9 M
2021-29.9 M
202027.9 M
2019M
2018-435 K

About FLEX LNG Financial Statements

FLEX LNG stakeholders use historical fundamental indicators, such as FLEX LNG's Change To Netincome, to determine how well the company is positioned to perform in the future. Although FLEX LNG investors may analyze each financial statement separately, they are all interrelated. For example, changes in FLEX LNG's assets and liabilities are reflected in the revenues and expenses on FLEX LNG's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in FLEX LNG. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome-53 M-50.3 M

Currently Active Assets on Macroaxis

When determining whether FLEX LNG is a strong investment it is important to analyze FLEX LNG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FLEX LNG's future performance. For an informed investment choice regarding FLEX Stock, refer to the following important reports:
Check out the analysis of FLEX LNG Correlation against competitors.
For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FLEX LNG. If investors know FLEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FLEX LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
3
Earnings Share
1.69
Revenue Per Share
6.741
Quarterly Revenue Growth
(0.04)
The market value of FLEX LNG is measured differently than its book value, which is the value of FLEX that is recorded on the company's balance sheet. Investors also form their own opinion of FLEX LNG's value that differs from its market value or its book value, called intrinsic value, which is FLEX LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FLEX LNG's market value can be influenced by many factors that don't directly affect FLEX LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FLEX LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLEX LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLEX LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.