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Year on year FLEX LNG Ltd had net income fall -36.16% from 188.04m to 120.04m despite a 6.64% increase in revenues from 347.92m to 371.02m.
Gross margin | 80.49% |
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Net profit margin | 25.33% |
Operating margin | 56.53% |
Return on assets | 3.47% |
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Return on equity | 10.96% |
Return on investment | 3.68% |
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Cash flow in USDView more
In 2023, FLEX LNG Ltd increased its cash reserves by 23.51%, or 78.14m. The company earned 175.03m from its operations for a Cash Flow Margin of 47.18%. In addition the company used 2.00k on investing activities and also paid 96.54m in financing cash flows.
Cash flow per share | 34.26 |
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Price/Cash flow per share | 8.56 |
Book value per share | 164.12 |
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Tangible book value per share | 164.12 |
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Balance sheet in USDView more
Current ratio | 2.21 |
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Quick ratio | 2.18 |
Total debt/total equity | 2.09 |
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Total debt/total capital | 0.676 |
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Growth rates in USD
Year on year, both dividends per share and earnings per share excluding extraordinary items growth dropped -7.14% and -36.71%, respectively. Additionally, five year annualized earnings per share growth ranks above the industry average relative to its peers.
Div yield(5 year avg) | 9.34% |
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Div growth rate (5 year) | -- |
Payout ratio (TTM) | 190.52% |
EPS growth(5 years) | 50.27 |
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EPS (TTM) vs TTM 1 year ago | -35.49 |
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