FLEX LNG Ltd Asset Resilience Ratio

Latest as of December 2024: 16.38%

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 FLEX LNG Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Liquid Assets

Nkr437.15 Million
≈ $46.00 Million USD Cash + Short-term Investments

Total Assets

Nkr2.67 Billion
≈ $280.85 Million USD All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio of FLEX LNG Ltd (2016–2024)

Asset resilience ratio of FLEX LNG Ltd from 2016 to 2024. This chart shows how FLEX LNG Ltd's Asset Resilience Ratio has changed over time. Read FLEX LNG Ltd debt and liabilities for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see FLEX LNG Ltd assets under control.

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
FLEX LNG Ltd
NYSE:FLNG
Oil & Gas Midstream 0.33%
Golar LNG Limited
NASDAQ:GLNG
Oil & Gas Midstream 2.73%
Golar LNG Limited
F:G2O
Oil & Gas Midstream 0.00%
Kinetik Holdings Inc
NYSE:KNTK
Oil & Gas Midstream 0.12%
Jiangxi Jovo Energy Co. Ltd
SHG:605090
Oil & Gas Midstream 4.55%
Nordic American Tankers Limited
NYSE:NAT
Oil & Gas Midstream 5.08%
Hunter Group ASA
OL:HUNT
Oil & Gas Midstream 19.14%
Marine Petroleum Trust
NASDAQ:MARPS
Oil & Gas Midstream 11894.36%

FLEX LNG Ltd Asset Resilience Ratio by Year (2016–2024)

FLEX LNG Ltd asset resilience ratio by year from 2016 to 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
--
pp = percentage points

About FLEX LNG Ltd

OL:FLNG Norway Oil & Gas Midstream
Market Cap
$1.45 Billion
Nkr13.74 Billion NOK
Market Cap Rank
#7093 Global
#56 in Norway
Share Price
Nkr254.00
Change (1 day)
+0.00%
52-Week Range
Nkr254.00 - Nkr254.00
All Time High
Nkr359.63
About

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.