FLEX LNG Ltd (FLNG) — Tangible Net Worth Ratio
FLEX LNG Ltd (FLNG) has a Tangible Net Worth Ratio of 100.0% as of June 2025. This metric is calculated by deducting intangible assets (Nkr0.00) from net assets (Nkr762.02 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of FLEX LNG Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
FLEX LNG Ltd Tangible Net Worth Ratio (2007–2024)
This chart shows how FLEX LNG Ltd's Tangible Net Worth Ratio has changed across 18 annual periods from 2007 to 2024. As of June 2025, the ratio stands at 100.0%, reflecting net assets of Nkr762.02 Million with intangible assets of Nkr0.00 NOK. See FLEX LNG Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for FLEX LNG Ltd (2007–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for FLEX LNG Ltd from 2007 to 2024, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see FLEX LNG Ltd (FLNG) total market value.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | Nkr806.63 Million | Nkr0.00 | Nkr2.67 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | Nkr847.65 Million | Nkr0.00 | Nkr2.71 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | Nkr907.09 Million | Nkr0.00 | Nkr2.68 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | Nkr889.39 Million | Nkr0.00 | Nkr2.57 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | Nkr835.17 Million | Nkr0.00 | Nkr2.30 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | Nkr839.26 Million | Nkr0.00 | Nkr1.64 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | Nkr827.32 Million | Nkr0.00 | Nkr1.29 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | Nkr520.10 Million | Nkr0.00 | Nkr684.51 Million | ▲ +0.0 pp |
| 2016 | 100.0% | Nkr205.94 Million | Nkr0.00 | Nkr214.13 Million | ▲ +0.0 pp |
| 2015 | 100.0% | Nkr207.63 Million | Nkr0.00 | Nkr215.25 Million | ▲ +0.0 pp |
| 2014 | 100.0% | Nkr210.02 Million | Nkr0.00 | Nkr217.86 Million | ▲ +0.0 pp |
| 2013 | 100.0% | Nkr211.78 Million | Nkr0.00 | Nkr212.20 Million | ▲ +0.0 pp |
| 2012 | 100.0% | Nkr5.68 Million | Nkr0.00 | Nkr6.81 Million | ▲ +0.0 pp |
| 2011 | 100.0% | Nkr316.41 Million | Nkr0.00 | Nkr358.39 Million | ▲ +0.0 pp |
| 2010 | 100.0% | Nkr430.50 Million | Nkr0.00 | Nkr444.63 Million | ▲ +6.4 pp |
| 2009 | 93.6% | Nkr569.79 Million | Nkr36.25 Million | Nkr579.63 Million | ▼ -6.4 pp |
| 2008 | 100.0% | Nkr536.29 Million | Nkr0.00 | Nkr544.80 Million | ▲ +0.0 pp |
| 2007 | 100.0% | Nkr207.63 Million | Nkr0.00 | Nkr207.85 Million | — |