Golar Cash And Short Term Investments from 2010 to 2024
GLNG Stock | USD 41.24 4.32 11.70% |
Cash And Short Term Investments | First Reported 2002-12-31 | Previous Quarter 565.8 M | Current Value 547.1 M | Quarterly Volatility 264.3 M |
Check Golar LNG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golar LNG's main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.5 M, Interest Expense of 1.9 M or Total Revenue of 248 M, as well as many indicators such as Price To Sales Ratio of 6.91, Dividend Yield of 0.0457 or PTB Ratio of 1.91. Golar financial statements analysis is a perfect complement when working with Golar LNG Valuation or Volatility modules.
Golar | Cash And Short Term Investments |
Latest Golar LNG's Cash And Short Term Investments Growth Pattern
Below is the plot of the Cash And Short Term Investments of Golar LNG Limited over the last few years. Short Term Investments is an account in the current assets section of Golar LNG Limited balance sheet. This account contains Golar LNG investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Golar LNG Limited fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Golar LNG's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golar LNG's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments | 10 Years Trend |
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Cash And Short Term Investments |
Timeline |
Golar Cash And Short Term Investments Regression Statistics
Arithmetic Mean | 322,663,867 | |
Geometric Mean | 184,490,666 | |
Coefficient Of Variation | 95.25 | |
Mean Deviation | 234,033,538 | |
Median | 217,835,000 | |
Standard Deviation | 307,329,024 | |
Sample Variance | 94451.1T | |
Range | 1.1B | |
R-Value | 0.65 | |
Mean Square Error | 58735.3T | |
R-Squared | 0.42 | |
Significance | 0.01 | |
Slope | 44,671,682 | |
Total Sum of Squares | 1322315.8T |
Golar Cash And Short Term Investments History
About Golar LNG Financial Statements
Golar LNG stakeholders use historical fundamental indicators, such as Golar LNG's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Golar LNG investors may analyze each financial statement separately, they are all interrelated. For example, changes in Golar LNG's assets and liabilities are reflected in the revenues and expenses on Golar 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 Golar LNG Limited. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Cash And Short Term Investments | 697.3 M | 732.2 M |
Currently Active Assets on Macroaxis
When determining whether Golar LNG Limited is a strong investment it is important to analyze Golar 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 Golar LNG's future performance. For an informed investment choice regarding Golar Stock, refer to the following important reports:Check out the analysis of Golar LNG Correlation against competitors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Oil & Gas Storage & 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 Golar LNG. If investors know Golar 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 Golar 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 (0.33) | Earnings Share 1.32 | Revenue Per Share 2.632 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0237 |
The market value of Golar LNG Limited is measured differently than its book value, which is the value of Golar that is recorded on the company's balance sheet. Investors also form their own opinion of Golar LNG's value that differs from its market value or its book value, called intrinsic value, which is Golar 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 Golar LNG's market value can be influenced by many factors that don't directly affect Golar 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 Golar LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golar LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golar 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.