Golar Historical Income Statement
| GLNG Stock | USD 36.92 0.06 0.16% |
Historical analysis of Golar LNG income statement accounts such as Total Revenue of 248 M or Gross Profit of 120.5 M can show how well Golar LNG Limited performed in making a profits. Evaluating Golar LNG income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Golar LNG's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Golar LNG Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Golar LNG Limited is a good buy for the upcoming year.
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About Golar Income Statement Analysis
Golar LNG Limited Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Golar LNG shareholders. The income statement also shows Golar investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Golar LNG Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Golar LNG Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Golar LNG Limited minus its cost of goods sold. It is profit before Golar LNG operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Golar LNG Limited. It is also known as Golar LNG overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Golar LNG Limited income statement and represents the costs associated with goods and services Golar LNG provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Golar LNG's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Golar LNG Limited current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golar LNG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Golar LNG's Net Income Applicable To Common Shares is most likely to increase significantly in the upcoming years. The Golar LNG's current Net Income From Continuing Ops is estimated to increase to about 97 M, while Total Revenue is projected to decrease to roughly 248 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 32.8M | 61.5M | 72.6M | 43.2M | Cost Of Revenue | 237.1M | 127.0M | 143.6M | 127.5M |
Golar LNG income statement Correlations
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Golar LNG Account Relationship Matchups
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Golar LNG income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 113.0M | 107.9M | 55.4M | 51.7M | 50.3M | 66.5M | |
| Interest Expense | 91.2M | 69.4M | 56.3M | 20.1M | 2.0M | 1.9M | |
| Total Revenue | 448.8M | 438.6M | 451.8M | 267.7M | 298.4M | 248.0M | |
| Gross Profit | 175.6M | 209.2M | 214.7M | 140.8M | 154.8M | 120.5M | |
| Other Operating Expenses | 320.0M | 270.4M | 269.8M | 188.5M | 216.2M | 183.7M | |
| Operating Income | 133.7M | 173.9M | 181.9M | 91.6M | 20.8M | 19.8M | |
| Ebit | 133.7M | 85.1M | (25.8M) | 1.0B | 2.9M | 2.8M | |
| Ebitda | 246.7M | 193.1M | 29.5M | 1.1B | 53.2M | 50.5M | |
| Cost Of Revenue | 273.2M | 229.5M | 237.1M | 127.0M | 143.6M | 127.5M | |
| Total Operating Expenses | 46.8M | 40.9M | 32.8M | 61.5M | 72.6M | 43.2M | |
| Income Before Tax | (63.7M) | 9.6M | (7.9M) | 996.0M | 1.2M | 1.2M | |
| Total Other Income Expense Net | (197.4M) | (51.5M) | (371.1M) | 471.9M | (19.6M) | (18.6M) | |
| Net Income | (64.7M) | 8.6M | (9.7M) | 787.8M | (46.8M) | (44.5M) | |
| Income Tax Expense | 1.0M | 981K | 1.7M | (438K) | 1.9M | 2.0M | |
| Selling General Administrative | 57.2M | 44.2M | 37.8M | 38.1M | 33.5M | 29.9M | |
| Minority Interest | 252.6M | 338.1M | (146.8M) | (151.3M) | (43.9M) | (41.7M) | |
| Net Income Applicable To Common Shares | (212.0M) | (272.2M) | 412.7M | 787.8M | 905.9M | 951.2M | |
| Net Income From Continuing Ops | (122.4M) | (166.6M) | (8.6M) | 1.0B | 92.3M | 97.0M | |
| Tax Provision | 1.0M | 981K | 1.7M | (438K) | 818K | 858.9K | |
| Interest Income | 11.7M | 1.6M | 139K | 14.9M | 56.4M | 59.3M | |
| Net Interest Income | (97.3M) | (69.3M) | (56.9M) | (14.8M) | 54.5M | 57.2M | |
| Reconciled Depreciation | 113.0M | 107.9M | 106.0M | 51.7M | 49.9M | 68.4M | |
| Research Development | 5.0M | 8.9M | 2.5M | 8.0M | 39.1M | 41.1M |
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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golar LNG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.