FLNG - NYSE

FLEX LNG Ltd.

FLNG·NYSE

$29.72

-2.0%

EnergyOil & Gas Midstream

Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas (LNG) worldwide. As of February 16, 2022, it owned and operated nine M-type electronically controlled gas injection LNG carriers; and four vessels with generation X dual fuel propulsion systems. It also provides chartering and management services. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.61B

EPS1.3800

P/E Ratio21.54

Earnings Date08/28/2026

2.62B

Assets

-2%

3Y-2.0%

5Y+14.0%

10Y+1125.0%

1.90B

Total Liabilities

3Y+7.0%

5Y+30.0%

10Y+23152.0%

719.26M

Total Equity

-11%

3Y-21.0%

5Y-14.0%

10Y+249.0%

FLEX LNG Ltd. Funding & Solvency Profile

FLNG · NYSE

Current Assets

Cash & Cash Equivalents447.70M

Net Receivables340.00K

Inventory9.00M

Other Current Assets46.23M

Total Current Assets503 M

Non-Current Assets

Property, Plant & Equipment2.10B

Goodwill & Intangible Assets0.00

Long-Term Investments18.05M

Other Non-Current Assets0.00

Total Non-Current Assets2 B

Total Assets

2.62B

Financial Health Analysis

Current Ratio

3.03x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

2.65x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

337 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

19% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

FLEX LNG Ltd. Balance Sheet

FLNG • NYSE

FLEX LNG Ltd. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	447.7M	437.2M	410.4M	332.3M	200.7M	128.9M	129M	54.9M	10M	1.4M	3.7M	6.7M	1.5M	6.2M	14.8M	9.9M	25.7M	49.5M
Cash & Short-Term Investments	447.7M	437.2M	410.4M	332.3M	200.7M	128.9M	129M	54.9M	10M	1.4M	3.7M	6.7M	1.5M	6.2M	14.8M	9.9M	25.7M	49.5M
Net Receivables	340K	1.4M	19.9M	4.9M	5.3M	4.1M	5.4M	3.9M	486K	46K	250K	46K	98K	275K	792K	2M	677K	1.3M
Accounts Receivables	0.0	1.4M	447K	4.9M	5.3M	4.1M	5.4M	0.0	486K	46K	250K	11K	49K	89K	490K	179K	0.0	0.0
Other Receivables	340K	0.0	19.5M	0.0	0.0	0.0	0.0	3.9M	0.0	0.0	0.0	35K	49K	186K	302K	1.5M	677K	1.3M
Inventory	9M	4.8M	5.1M	5.3M	6.5M	3.7M	2.7M	915K	1M	0.0	0.0	0.0	-98K	0.0	0.0	0.0	0.0	0.0
Prepaids	0.0	6.7M	7.5M	5.9M	2.5M	11.3M	2.8M	518K	6.1M	174K	2K	17K	51K	208K	257K	381K	248K	65K
Other Current Assets	46.2M	24.3M	119K	5.7M	10M	9.9M	4M	165K	486K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	503.3M	474.4M	443.1M	354M	224.9M	157.8M	143.9M	60.4M	17.6M	1.7M	4M	6.8M	1.7M	6.7M	15.8M	12.3M	26.6M	50.8M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	2.1B	2.2B	2.2B	2.3B	2.3B	1.9B	1.1B	1.2B	666.9M	212.5M	211.3M	211.1M	210.5M	77K	342.6M	267K	516.8M	494M
Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	677K	0.0
Goodwill & Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	36.3M	0.0
Long-Term Investments	18.1M	40.1M	48.8M	55.5M	5.9M	109K	636K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	0.0	0.0	0.0	0.0	0.0	289.6M	349.5M	0.0	0.0	0.0	0.0	0.0	0.0	-77K	0.0	432.1M	0.0	0.0
Total Non-Current Assets	2.1B	2.2B	2.3B	2.3B	2.3B	2.1B	1.5B	1.2B	666.9M	212.5M	211.3M	211.1M	210.5M	77K	342.6M	432.4M	553M	494M
Total Assets	2.6B	2.7B	2.7B	2.7B	2.6B	2.3B	1.6B	1.3B	684.5M	214.1M	215.2M	217.9M	212.2M	6.8M	358.4M	444.6M	579.6M	544.8M
LIABILITIES
CURRENT LIABILITIES
Total Payables	10.5M	2M	3.9M	1.8M	2M	3.4M	582K	798K	886K	46K	15K	409K	47K	86K	198K	567K	443K	7.7M
Accounts Payable	10.5M	2M	3.5M	1.8M	2M	3.4M	582K	592K	76K	46K	15K	409K	47K	86K	198K	567K	443K	7.7M
Other Payables	0.0	0.0	384K	0.0	0.0	0.0	0.0	206K	810K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	471K	12.6M	21M	12.9M	14.3M	6.9M	6.4M	862K	1.1M	598K	432K	370K	1M	12.6M	0.0	0.0	0.0
Short Term Debt	109.6M	106.7M	103.9M	95.5M	86.2M	87.9M	36.9M	23.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	32.4M	0.0	0.0	0.0	0.0	2.6M	2.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	45.7M	49.6M	482K	34.9M	30.4M	26.2M	13.3M	2.3M	58K	0.0	0.0	0.0	0.0	0.0	0.0	2.6M	3M	788K
Total Current Liabilities	165.8M	158.8M	153.3M	153.2M	131.6M	131.8M	57.7M	35.5M	4.4M	1.2M	613K	841K	417K	1.1M	12.7M	3.2M	3.4M	8.5M
NON-CURRENT LIABILITIES
Long Term Debt	1.7B	676.9M	1.7B	1B	841.5M	757.2M	302.4M	431.6M	160M	7M	7M	7M	0.0	0.0	29.2M	0.0	0.0	0.0
Other Non-Current Liabilities	163K	0.0	0.0	0.0	1.0	0.0	2K	-155.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Liabilities	1.7B	1.7B	1.7B	1.6B	1.6B	1.3B	744.3M	431.6M	160M	7M	7M	7M	0.0	0.0	29.2M	10.9M	6.4M	0.0
Capital Lease Obligations	0.0	1B	0.0	597.8M	710.4M	579.8M	441.9M	155.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	1.9B	1.9B	1.9B	1.8B	1.7B	1.5B	802M	467.1M	164.4M	8.2M	7.6M	7.8M	417K	1.1M	42M	14.1M	9.8M	8.5M
SHAREHOLDERS' EQUITY
Treasury Stock	-4.2M	-4.2M	-7.6M	-8.1M	-9.4M	-1.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	545K	545K	5.5M	5.5M	5.4M	5.4M	5.4M	5.4M	3.7M	1.3M	1.3M	1.3M	1.3M	1.3M	1.2M	1.1M	1.1M	1M
Additional Paid-In Capital	704.3M	1.1B	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B	896M	563.2M	563.1M	562.9M	562.7M	562.3M	561.9M	552.5M	552.2M	543.4M
Retained Earnings	-202.7M	-277.5M	-354.9M	-293.7M	-295.6M	-358.9M	-356.2M	-367.8M	-379.5M	-369.1M	-367.3M	-364.8M	-362.2M	-567.7M	0.0	0.0	0.0	0.0
Accumulated Other Comprehensive Income/Loss	221.3M	0.0	0.0	0.0	0.0	0.0	0.0	-17.4M	-5K	-3K	-4K	-109K	-120K	-720K	-112.9M	0.0	-370K	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	9.8M	0.0	9.8M	0.0	-8.2M
Total Stockholders' Equity	719.3M	806.6M	847.7M	907.1M	889.4M	835.2M	839.3M	827.3M	520.1M	205.9M	207.6M	210M	211.8M	5.7M	316.4M	430.5M	536.6M	536.3M
Total Equity	719.3M	806.6M	847.7M	907.1M	889.4M	835.2M	839.3M	827.3M	520.1M	205.9M	207.6M	210M	211.8M	5.7M	316.4M	430.5M	569.8M	536.3M
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	33.1M	0.0
SUMMARY
Total Liabilities & Equity	2.6B	2.7B	2.7B	2.7B	2.6B	2.3B	1.6B	1.3B	684.5M	214.1M	215.2M	217.9M	212.2M	6.8M	358.4M	444.6M	579.6M	544.8M
Total Investments	18.1M	40.1M	48.8M	55.5M	5.9M	109K	636K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	875K	0.0	0.0
Total Debt	1.8B	1.8B	1.8B	1.7B	1.6B	1.4B	781.2M	455M	160M	7M	7M	7M	0.0	0.0	0.0	0.0	0.0	0.0
Net Debt	1.4B	1.4B	1.4B	1.4B	1.4B	1.3B	652.2M	400M	150M	5.6M	3.3M	269K	-1.5M	-6.2M	-14.8M	-9.9M	-25.7M	-49.5M
Shares Outstanding	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376	54,092,376

SEC Filings

FLNG - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
6-K 6-K 2026 Q1 Q1	May 13, 2026	March 31, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	March 25, 2026	March 25, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	March 18, 2026	March 18, 2026	2026	View Filing
20-F 20-F 2025 FY FY	February 27, 2026	December 31, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	February 11, 2026	December 31, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	December 05, 2025	December 05, 2025	2025	View Filing
6-K 6-K 2025 Q3 Q3	November 12, 2025	September 30, 2025	2025	View Filing
6-K 6-K 2025 Q3 Q3	August 20, 2025	August 20, 2025	2025	View Filing
6-K 6-K 2025 Q2 Q2	August 20, 2025	June 30, 2025	2025	View Filing
6-K 6-K 2025 Q2 Q2	August 20, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 72 filings

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