Golar Interest Expense from 2010 to 2024

GLNG Stock  USD 39.29  0.22  0.56%   
Golar LNG's Interest Expense is increasing over the last several years with stable swings. Interest Expense is predicted to flatten to about 1.9 M. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-12-31
Previous Quarter
0.0
Current Value
0.0
Quarterly Volatility
13 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Golar LNG Correlation against competitors.

Latest Golar LNG's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Golar LNG Limited over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Golar LNG's Interest Expense 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.
Interest Expense10 Years Trend
Pretty Stable
   Interest Expense   
       Timeline  

Golar Interest Expense Regression Statistics

Arithmetic Mean40,107,807
Geometric Mean0.00
Coefficient Of Variation82.08
Mean Deviation28,088,047
Median34,294,000
Standard Deviation32,920,264
Sample Variance1083.7T
Range101.9M
R-Value0.12
Mean Square Error1149.9T
R-Squared0.01
Significance0.67
Slope894,149
Total Sum of Squares15172.4T

Golar Interest Expense History

20241.9 M
2023M
202220.1 M
202156.3 M
202069.4 M
201991.2 M
2018101.9 M

About Golar LNG Financial Statements

Golar LNG stakeholders use historical fundamental indicators, such as Golar LNG's Interest Expense, 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 ReportedProjected for Next Year
Interest ExpenseM1.9 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.