FLEX LNG Ltd - Asset Resilience Ratio
FLEX LNG Ltd (FLNG) has an Asset Resilience Ratio of 16.38% as of December 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See how liquid is FLEX LNG Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how FLEX LNG Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see FLNG current and non-current assets.
Liquid Assets Composition Over Time
This chart breaks down FLEX LNG Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore FLEX LNG Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr437.15 Million | 16.38% |
| Short-term Investments | Nkr0.00 | 0% |
| Total Liquid Assets | Nkr437.15 Million | 16.38% |
Asset Resilience Insights
- Good Liquidity Position: FLEX LNG Ltd maintains a healthy 16.38% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
FLEX LNG Ltd Industry Peers by Asset Resilience Ratio
Compare FLEX LNG Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
AltaGas Ltd
TO:ALA |
Oil & Gas Midstream | 0.37% |
|
Scorpio Tankers Inc
NYSE:STNG |
Oil & Gas Midstream | 0.00% |
|
Nanjing Tanker Corp
SHG:601975 |
Oil & Gas Midstream | 0.05% |
|
Golar LNG Limited
F:G2O |
Oil & Gas Midstream | 0.00% |
|
Dorian LPG Ltd
NYSE:LPG |
Oil & Gas Midstream | 15.07% |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617 |
Oil & Gas Midstream | 0.11% |
|
Permian Basin Royalty Trust
NYSE:PBT |
Oil & Gas Midstream | 91.34% |
|
Hunter Group ASA
OL:HUNT |
Oil & Gas Midstream | 19.14% |
Annual Asset Resilience Ratio for FLEX LNG Ltd (2016–2024)
The table below shows the annual Asset Resilience Ratio data for FLEX LNG Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 16.38% | Nkr437.15 Million ≈ $46.00 Million |
Nkr2.67 Billion ≈ $280.85 Million |
+1.23pp |
| 2023-12-31 | 15.15% | Nkr410.43 Million ≈ $43.19 Million |
Nkr2.71 Billion ≈ $285.09 Million |
+2.75pp |
| 2022-12-31 | 12.40% | Nkr332.33 Million ≈ $34.97 Million |
Nkr2.68 Billion ≈ $281.96 Million |
+4.60pp |
| 2021-12-31 | 7.80% | Nkr200.65 Million ≈ $21.11 Million |
Nkr2.57 Billion ≈ $270.75 Million |
+2.20pp |
| 2020-12-31 | 5.59% | Nkr128.88 Million ≈ $13.56 Million |
Nkr2.30 Billion ≈ $242.45 Million |
-2.27pp |
| 2019-12-31 | 7.86% | Nkr129.00 Million ≈ $13.58 Million |
Nkr1.64 Billion ≈ $172.71 Million |
+3.62pp |
| 2018-12-31 | 4.24% | Nkr54.93 Million ≈ $5.78 Million |
Nkr1.29 Billion ≈ $136.21 Million |
+2.79pp |
| 2017-12-31 | 1.46% | Nkr9.96 Million ≈ $1.05 Million |
Nkr684.51 Million ≈ $72.03 Million |
+0.78pp |
| 2016-12-31 | 0.67% | Nkr1.44 Million ≈ $151.42K |
Nkr214.13 Million ≈ $22.53 Million |
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About FLEX LNG Ltd
FLEX LNG Ltd., together with its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. It owns and operates vessels with M-type electronically controlled gas injection LNG carriers, and vessels with generation X dual fuel propulsion systems. The company was incorporated in 2006 and is based in Hamilton, Bermuda.