Flex LNG (FLNG) Change in Taxes (2020 - 2023)
Flex LNG's (FLNG) quarterly Change in Taxes came in at $109000.0 in Q4 2023, down 25.34% year-over-year from $146000.0 in Q4 2022, and up 1190.0% quarter-over-quarter from -$10000.0 in Q2 2023.
Analysis
Flex LNG (FLNG) Change in Taxes (2020 - 2023) Analysis & Trends
Flex LNG has disclosed Change in Taxes across 4 years of filings, most recently posting $109000.0 for Q4 2023.
- In Q4 2023, Change in Taxes fell 25.34% year-over-year to $109000.0; the TTM figure through Dec 2023 stood at $227000.0 (up 94.02% YoY), while the FY2025 annual figure was $100000.0, down 24.24% from the prior year.
- Change in Taxes came in at $109000.0 for Q4 2023 at Flex LNG, up from -$10000.0 in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $237000.0 in Q4 2020 to a low of -$61000.0 in Q3 2020.
- Average Change in Taxes over 4 years is $49000.0, with a median of -$2000.0 recorded in 2021.
- The largest YoY upside for Change in Taxes was 7400.0% in 2022 against a maximum downside of 134.62% in 2022.
- Over 4 years, Change in Taxes stood at $237000.0 in 2020, then tumbled by 100.84% to -$2000.0 in 2021, then jumped by 7400.0% to $146000.0 in 2022, then dropped by 25.34% to $109000.0 in 2023.
- Per Business Quant data, the three most recent Change in Taxes figures were $109000.0 in Q4 2023, -$10000.0 in Q2 2023, and $146000.0 in Q4 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -2.87 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | - |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | - |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | - |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 109,000.00 |
| Jun 30, 2023 | -10,000.00 |
| Dec 31, 2022 | 146,000.00 |
| Sep 30, 2022 | -18,000.00 |
| Jun 30, 2022 | -9,000.00 |
| Dec 31, 2021 | -2,000.00 |
| Sep 30, 2021 | 52,000.00 |
| Jun 30, 2021 | 136,000.00 |
| Mar 31, 2021 | -41,000.00 |
| Dec 31, 2020 | 237,000.00 |
| Sep 30, 2020 | -61,000.00 |