FLEX LNG Ltd - Asset Resilience Ratio

Latest as of December 2024: 16.38%

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. Read how much debt does FLEX LNG Ltd carry for a breakdown of total debt and financial obligations.

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 Trend (2016–2024)

This chart shows how FLEX LNG Ltd's Asset Resilience Ratio has changed over time. See what is FLEX LNG Ltd's book value for net asset value and shareholders' equity analysis.

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 market capitalisation and broader financial context, see FLNG market cap overview.

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
Excelerate Energy Inc
NYSE:EE
Oil & Gas Midstream 12.36%
Teekay Corporation
NYSE:TK
Oil & Gas Midstream 41.30%
Transportadora de Gas del Norte SA Class C
BA:TGNO4
Oil & Gas Midstream 11.26%
CMB.TECH NV
BR:CMBT
Oil & Gas Midstream -0.05%
Fluxys Belgium
BR:FLUX
Oil & Gas Midstream 1.79%
Enbridge Inc
TO:ENB
Oil & Gas Midstream 0.50%
TC Energy Corp
TO:TRP
Oil & Gas Midstream 1.55%
Pembina Pipeline Corp
TO:PPL
Oil & Gas Midstream 0.42%

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
--
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
#7531 Global
#60 in Norway
Share Price
Nkr254.00
Change (1 day)
+1.60%
52-Week Range
Nkr220.50 - Nkr277.00
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.