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Flex LNG (FLNG)

(Delayed Data from NYSE)

$26.60 USD

26.60
186,248

+0.09 (0.34%)

Updated May 3, 2024 04:00 PM ET

After-Market: $26.60 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

D Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 27% (69 out of 251)

Industry: Transportation - Shipping

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Better trading starts here.

Balance Sheet

Research for FLNG

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Flex LNG Ltd falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 411 332 201 129 129
Receivables 1 0 0 0 0
Notes Receivable 0 0 0 0 0
Inventories 5 5 6 4 3
Other Current Assets 27 16 17 25 12
Total Current Assets 443 354 225 158 144
Net Property & Equipment 2,217 2,270 2,342 1,856 1,147
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 49 56 6 0 1
Deferred Charges 0 0 0 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 0 0 0 290 349
Total Assets 2,709 2,680 2,573 2,304 1,641
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 4 2 2 3 1
Current Portion Long-Term Debt 104 96 81 64 35
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 46 56 48 64 23
Total Current Liabilities 153 153 132 132 58
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,708 1,619 1,552 1,337 744
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 1,862 1,772 1,684 1,469 802
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 5 5 5 5 5
Capital Surplus 1,205 1,203 1,189 1,190 1,190
Retained Earnings -355 -294 -296 -359 -356
Other Equity 0 0 0 0 0
Treasury Stock 8 8 9 2 0
Total Shareholder's Equity 848 907 889 835 839
Total Liabilities & Shareholder's Equity 2,709 2,680 2,573 2,304 1,641
Total Common Equity 848 907 889 835 839
Shares Outstanding NA 53.20 53.20 54.10 54.10
Book Value Per Share -0.01 17.05 16.72 15.44 15.51

Fiscal Year End for Flex LNG Ltd falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 411 430 450 475
Receivables NA 1 1 1 1
Notes Receivable NA 0 0 0 0
Inventories NA 5 5 6 5
Other Current Assets NA 27 29 26 29
Total Current Assets NA 443 464 483 510
Net Property & Equipment NA 2,217 2,236 2,255 2,257
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 49 69 59 49
Deferred Charges NA 0 0 0 0
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 0 0 0 0
Total Assets NA 2,709 2,769 2,796 2,816
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 4 4 5 4
Current Portion Long-Term Debt NA 104 104 103 102
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 46 53 57 52
Total Current Liabilities NA 153 160 166 158
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,708 1,734 1,760 1,787
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 0 0 0
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 1,862 1,894 1,926 1,945
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 5 5 5 5
Capital Surplus NA 1,205 1,204 1,204 1,204
Retained Earnings NA -355 -327 -332 -331
Other Equity NA 0 0 0 0
Treasury Stock NA 8 8 8 8
Total Shareholder's Equity NA 848 875 870 871
Total Liabilities & Shareholder's Equity NA 2,709 2,769 2,796 2,816
Total Common Equity 0 848 875 870 871
Shares Outstanding NA NA NA NA 53.20
Book Value Per Share 0.00 -0.01 -0.01 -0.01 16.37