FLEX LNG Ltd (FLNG) — Defensive Interval Ratio
FLEX LNG Ltd (FLNG) has a Defensive Interval Ratio of 11 days as of June 2025. Defensive assets of Nkr5.18 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr5.18 Million) cover 11 days of daily cash needs of Nkr454.16K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
FLEX LNG Ltd Defensive Interval Ratio (2007–2024)
This chart shows how FLEX LNG Ltd's Defensive Interval Ratio has evolved across 18 annual periods from 2007 to 2024. As of June 2025, the ratio stands at 11 days, meaning defensive assets of Nkr5.18 Million can fund 11 days of operations without new revenue. For the complete balance sheet picture, see how large is FLEX LNG Ltd's balance sheet.
Annual Defensive Interval Ratio for FLEX LNG Ltd (2007–2024)
The table below presents the year-by-year Defensive Interval Ratio for FLEX LNG Ltd from 2007 to 2024, covering 18 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of FLEX LNG Ltd to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 1008 days | Nkr438.56 Million | Nkr435.01K/day | Nkr437.15 Million | Nkr- | ▼ -17 days |
| 2023 | 1025 days | Nkr430.35 Million | Nkr419.91K/day | Nkr410.43 Million | Nkr- | ▲ +208 days |
| 2022 | 817 days | Nkr342.78 Million | Nkr419.72K/day | Nkr332.33 Million | Nkr- | ▲ +219 days |
| 2021 | 598 days | Nkr215.43 Million | Nkr360.51K/day | Nkr200.65 Million | Nkr- | ▲ +202 days |
| 2020 | 395 days | Nkr142.76 Million | Nkr361.18K/day | Nkr128.88 Million | Nkr- | ▼ -479 days |
| 2019 | 875 days | Nkr138.32 Million | Nkr158.17K/day | Nkr129.00 Million | Nkr- | ▲ +269 days |
| 2018 | 606 days | Nkr58.83 Million | Nkr97.15K/day | Nkr54.93 Million | Nkr- | ▼ -259 days |
| 2017 | 865 days | Nkr10.45 Million | Nkr12.08K/day | Nkr9.96 Million | Nkr- | ▲ +410 days |
| 2016 | 455 days | Nkr1.49 Million | Nkr3.26K/day | Nkr1.44 Million | Nkr- | ▲ +306 days |
| 2015 | 149 days | Nkr250.00K | Nkr1.68K/day | Nkr- | Nkr- | ▲ +129 days |
| 2014 | 20 days | Nkr46.00K | Nkr2.30K/day | Nkr- | Nkr- | ▼ -66 days |
| 2013 | 86 days | Nkr98.00K | Nkr1.14K/day | Nkr- | Nkr- | ▼ -4 days |
| 2012 | 90 days | Nkr275.00K | Nkr3.07K/day | Nkr- | Nkr- | ▲ +67 days |
| 2011 | 23 days | Nkr792.00K | Nkr34.93K/day | Nkr- | Nkr- | ▼ -204 days |
| 2010 | 227 days | Nkr1.99 Million | Nkr8.76K/day | Nkr- | Nkr- | ▲ +155 days |
| 2009 | 72 days | Nkr677.00K | Nkr9.39K/day | Nkr- | Nkr- | ▲ +18 days |
| 2008 | 54 days | Nkr1.26 Million | Nkr23.32K/day | Nkr- | Nkr- | ▼ -247 days |
| 2007 | 301 days | Nkr178.00K | Nkr591.78/day | Nkr- | Nkr- | — |