FLEX LNG Ltd (FLNG) — Working Capital to Net Assets Ratio
FLEX LNG Ltd (FLNG) has a Working Capital to Net Assets ratio of 39.9% as of June 2025. Working capital of Nkr304.21 Million (current assets of Nkr469.98 Million minus current liabilities of Nkr165.77 Million) is measured against net assets of Nkr762.02 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See FLNG net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
FLEX LNG Ltd Working Capital to Net Assets (2008–2024)
This chart shows how FLEX LNG Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at 39.9%, reflecting working capital of Nkr304.21 Million against net assets of Nkr762.02 Million NOK. Check FLNG intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for FLEX LNG Ltd (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for FLEX LNG Ltd from 2008 to 2024, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see FLEX LNG Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 39.1% | Nkr315.60 Million | Nkr806.63 Million | Nkr474.38 Million | Nkr158.78 Million | ▲ +4.9 pp |
| 2023 | 34.2% | Nkr289.79 Million | Nkr847.65 Million | Nkr443.06 Million | Nkr153.27 Million | ▲ +12.0 pp |
| 2022 | 22.1% | Nkr200.85 Million | Nkr907.09 Million | Nkr354.05 Million | Nkr153.20 Million | ▲ +11.7 pp |
| 2021 | 10.5% | Nkr93.30 Million | Nkr889.39 Million | Nkr224.89 Million | Nkr131.59 Million | ▲ +7.4 pp |
| 2020 | 3.1% | Nkr26.01 Million | Nkr835.17 Million | Nkr157.84 Million | Nkr131.83 Million | ▼ -7.2 pp |
| 2019 | 10.3% | Nkr86.16 Million | Nkr839.26 Million | Nkr143.89 Million | Nkr57.73 Million | ▲ +7.2 pp |
| 2018 | 3.0% | Nkr24.96 Million | Nkr827.32 Million | Nkr60.42 Million | Nkr35.46 Million | ▲ +0.5 pp |
| 2017 | 2.5% | Nkr13.16 Million | Nkr520.10 Million | Nkr17.57 Million | Nkr4.41 Million | ▲ +2.3 pp |
| 2016 | 0.2% | Nkr468.00K | Nkr205.94 Million | Nkr1.66 Million | Nkr1.19 Million | ▼ -1.4 pp |
| 2015 | 1.6% | Nkr3.36 Million | Nkr207.63 Million | Nkr3.97 Million | Nkr613.00K | ▼ -1.2 pp |
| 2014 | 2.8% | Nkr5.95 Million | Nkr210.02 Million | Nkr6.79 Million | Nkr841.00K | ▲ +2.2 pp |
| 2013 | 0.6% | Nkr1.26 Million | Nkr211.78 Million | Nkr1.67 Million | Nkr417.00K | ▼ -98.1 pp |
| 2012 | 98.6% | Nkr5.61 Million | Nkr5.68 Million | Nkr6.73 Million | Nkr1.12 Million | ▲ +97.7 pp |
| 2011 | 1.0% | Nkr3.05 Million | Nkr316.41 Million | Nkr15.80 Million | Nkr12.75 Million | ▼ -1.1 pp |
| 2010 | 2.1% | Nkr9.06 Million | Nkr430.50 Million | Nkr12.26 Million | Nkr3.20 Million | ▼ -2.0 pp |
| 2009 | 4.1% | Nkr23.18 Million | Nkr569.79 Million | Nkr26.60 Million | Nkr3.43 Million | ▼ -3.8 pp |
| 2008 | 7.9% | Nkr42.31 Million | Nkr536.29 Million | Nkr50.82 Million | Nkr8.51 Million | — |