Golar LNG Financials

GLNG Stock  USD 41.24  4.32  11.70%   
Based on the key indicators obtained from Golar LNG's historical financial statements, Golar LNG Limited is not in a good financial situation at this time. It has a very high risk of going through financial distress in December. At this time, Golar LNG's Cash And Short Term Investments are most likely to increase significantly in the upcoming years. The Golar LNG's current Total Liabilities is estimated to increase to about 1.9 B, while Total Stockholder Equity is projected to decrease to roughly 1.1 B. Key indicators impacting Golar LNG's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.420.4436
Notably Down
Very volatile
Current Ratio0.91.4943
Way Down
Very volatile
The financial analysis of Golar LNG is a critical element in measuring its lifeblood. Investors should not minimize Golar LNG's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(44.48 Million)

  
Understanding current and past Golar LNG Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Golar LNG's financial statements are interrelated, with each one affecting the others. For example, an increase in Golar LNG's assets may result in an increase in income on the income statement.

Golar LNG Earnings Geography

Golar LNG Stock Summary

Golar LNG competes with Teekay Tankers, International Seaways, Frontline, DHT Holdings, and Dorian LPG. Golar LNG Limited designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of LNG. The company was founded in 1946 and is headquartered in Hamilton, Bermuda. Golar Lng is traded on NASDAQ Exchange in the United States.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINBMG9456A1009
CUSIPG9456A100
LocationBermuda
Business AddressSE Pearman Building,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.golarlng.com
Phone441 295 4705
CurrencyUSD - US Dollar

Golar LNG Key Financial Ratios

Golar LNG Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.3B4.9B4.3B4.1B3.1B
Net Debt2.3B2.2B2.1B314.1M526.7M500.4M
Cash222.1M127.7M268.6M878.8M697.3M732.2M
Other Assets147.3M90.7M215.0M627.9M722.0M758.1M
Total Liab2.9B2.7B2.8B1.4B1.5B1.9B
Total Current Assets401.5M295.2M925.6M1.3B815.6M856.3M
Other Current Liab152.5M169.1M478.4M35.8M942.5M989.6M
Other Liab136.2M137.7M104.9M120.4M138.5M103.8M
Accounts Payable13.9M10.6M4.9M9.0M7.5M7.1M
Long Term Debt1.3B1.4B1.4B844.5M874.2M1.3B
Net Receivables1.7M38.1M35.0M50.8M57.6M60.5M
Inventory1.2M1.5M536K692K(7.6M)(7.2M)
Other Current Assets36.0M370.5M174.0M81.7M60.6M52.7M
Short Term Debt1.1B987.9M707.0M346.1M44.5M42.2M
Retained Earnings(605.1M)(929.6M)(540.8M)262.1M77.0M80.9M
Net Tangible Assets1.5B1.3B1.7B2.5B2.3B1.5B
Short Long Term Debt1.2B1.0B1.1B344.8M342.6M325.4M

Golar LNG Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense91.2M69.4M56.3M20.1M2.0M1.9M
Total Revenue448.8M438.6M451.8M267.7M298.4M248.0M
Gross Profit175.6M209.2M214.7M140.8M154.8M120.5M
Operating Income133.7M173.9M181.9M91.6M20.8M19.8M
Ebit133.7M85.1M(25.8M)1.0B2.9M2.8M
Ebitda246.7M193.1M29.5M1.1B53.2M50.5M
Cost Of Revenue273.2M229.5M237.1M127.0M143.6M127.5M
Income Before Tax(63.7M)9.6M(7.9M)996.0M1.2M1.2M
Net Income(64.7M)8.6M(9.7M)787.8M(46.8M)(44.5M)
Income Tax Expense1.0M981K1.7M(438K)1.9M2.0M
Minority Interest252.6M338.1M(146.8M)(151.3M)(43.9M)(41.7M)
Tax Provision1.0M981K1.7M(438K)818K858.9K
Interest Income11.7M1.6M139K14.9M56.4M59.3M
Net Interest Income(97.3M)(69.3M)(56.9M)(14.8M)54.5M57.2M
Research Development5.0M8.9M2.5M8.0M39.1M41.1M

Golar LNG Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory5.8M(305K)998K(157K)(180.6K)(189.6K)
Change In Cash(263.7M)(94.4M)127.9M675.0M(241.4M)(229.3M)
Free Cash Flow(294.1M)(156.4M)15.6M31.5M(190.0M)(199.5M)
Depreciation113.0M107.9M106.0M51.7M50.3M71.7M
Other Non Cash Items6.5M3.9M(565.0M)(626.0M)404.5M424.7M
Capital Expenditures400.7M302.2M214.4M267.4M325.2M344.5M
Net Income(110.5M)(166.6M)559.4M939.1M(47.1M)(44.7M)
End Period Cash Flow440.6M316.1M418.8M1.0B771.5M810.0M
Dividends Paid65.0M26.1M33.1M55.2M79.4M73.1M
Investments(11.3M)(103.0M)(8.6M)1.1B(131.7M)(125.1M)
Net Borrowings(27.9M)(179.6M)46.9M(415.4M)(373.8M)(355.1M)
Change To Netincome253.8M359.7M(357.0M)(482.2M)(434.0M)(412.3M)

Golar Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Golar LNG's current stock value. Our valuation model uses many indicators to compare Golar LNG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Golar LNG competition to find correlations between indicators driving Golar LNG's intrinsic value. More Info.
Golar LNG Limited is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.33  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Golar LNG Limited is roughly  2.99 . At this time, Golar LNG's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Golar LNG by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Golar LNG Limited Systematic Risk

Golar LNG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Golar LNG volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Golar LNG Limited correlated with the market. If Beta is less than 0 Golar LNG generally moves in the opposite direction as compared to the market. If Golar LNG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Golar LNG Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Golar LNG is generally in the same direction as the market. If Beta > 1 Golar LNG moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Golar LNG Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Golar LNG's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Golar LNG growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.46

At this time, Golar LNG's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Golar LNG November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Golar LNG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Golar LNG Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Golar LNG Limited based on widely used predictive technical indicators. In general, we focus on analyzing Golar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Golar LNG's daily price indicators and compare them against related drivers.

Complementary Tools for Golar Stock analysis

When running Golar LNG's price analysis, check to measure Golar LNG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golar LNG is operating at the current time. Most of Golar LNG's value examination focuses on studying past and present price action to predict the probability of Golar LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golar LNG's price. Additionally, you may evaluate how the addition of Golar LNG to your portfolios can decrease your overall portfolio volatility.
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