FLEX LNG Ltd (0QQA) - Total Assets
Based on the latest financial reports, FLEX LNG Ltd (0QQA) holds total assets worth €2.68 Billion EUR (≈ $3.13 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check FLEX LNG Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
FLEX LNG Ltd - Total Assets Trend (2016–2024)
This chart illustrates how FLEX LNG Ltd's total assets have evolved over time, based on quarterly financial data. Check 0QQA operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
FLEX LNG Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
FLEX LNG Ltd's total assets of €2.68 Billion consist of 17.8% current assets and 82.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 16.4% |
| Accounts Receivable | €1.40 Million | 0.1% |
| Inventory | €4.82 Million | 0.2% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how FLEX LNG Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see FLEX LNG Ltd market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: FLEX LNG Ltd's current assets represent 17.8% of total assets in 2024, an increase from 0.8% in 2016.
- Cash Position: Cash and equivalents constituted 16.4% of total assets in 2024, up from 0.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 0.2% of total assets.
FLEX LNG Ltd Competitors by Total Assets
Key competitors of FLEX LNG Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cheniere Energy Partners LP
NYSE:CQP
|
USA | $17.11 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Awilco LNG ASA
OL:ALNG
|
Norway | Nkr322.92 Million |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.30 Trillion |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
|
Fluxys Belgium
BR:FLUX
|
Belgium | €3.28 Billion |
|
TC Energy Corp
TO:TRP
|
Canada | CA$120.83 Billion |
|
Pembina Pipeline Corp
TO:PPL
|
Canada | CA$36.17 Billion |
FLEX LNG Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.10 | 2.21 | 1.20 |
| Quick Ratio | 3.05 | 2.18 | 1.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €365.97 Million | €182.37 Million | €26.01 Million |
FLEX LNG Ltd - Advanced Valuation Insights
This section examines the relationship between FLEX LNG Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.97 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | -1.5% |
| Total Assets | €2.67 Billion |
| Market Capitalization | $1.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values FLEX LNG Ltd's assets below their book value (0.47x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: FLEX LNG Ltd's assets decreased by 1.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for FLEX LNG Ltd (2016–2024)
The table below shows the annual total assets of FLEX LNG Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €2.67 Billion ≈ $3.12 Billion |
-1.49% |
| 2023-12-31 | €2.71 Billion ≈ $3.17 Billion |
+1.11% |
| 2022-12-31 | €2.68 Billion ≈ $3.13 Billion |
+4.14% |
| 2021-12-31 | €2.57 Billion ≈ $3.01 Billion |
+11.67% |
| 2020-12-31 | €2.30 Billion ≈ $2.69 Billion |
+40.38% |
| 2019-12-31 | €1.64 Billion ≈ $1.92 Billion |
+26.80% |
| 2018-12-31 | €1.29 Billion ≈ $1.51 Billion |
+89.10% |
| 2017-12-31 | €684.51 Million ≈ $800.26 Million |
+219.67% |
| 2016-12-31 | €214.13 Million ≈ $250.34 Million |
-- |
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.