Flex LNG (FLNG) Current Debt (2019 - 2021)
Flex LNG (FLNG) recorded Current Debt of $556.67 million in the quarter ended Mar 31, 2023, up 777.7% from $63.42 million a year earlier and up 147.4% from the prior quarter.
Flex LNG (FLNG) Current Debt (2019 - 2021) Analysis & Trends
On a TTM basis, Flex LNG's Current Debt came in at $1.1 billion as of Mar 31, 2023, up 250.3% year-over-year; for the year ended Dec 31, 2022, it came in at $663.42 million, up 95.0% from the prior year.
- Across earlier years, Current Debt came in at $340.27 million in the year ended Dec 31, 2021 (+598.9%) and $48.68 million in the year ended Dec 31, 2020.
- The figure for the quarter ended Mar 31, 2023 is the highest quarterly Current Debt in data going back to the quarter ended Mar 31, 2021.
- On a year-over-year basis, Current Debt rose in three of the last four quarters, with growth averaging 269.1%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.50 Bn | 165.03 Bn | - | - |
| 2 | Csx | 88.86 Bn | 85.07 Bn | - | - |
| 3 | United Parcel Service | 82.91 Bn | 59.81 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 76.79 Bn | 75.81 Bn | - | 562.44 Mn |
| 5 | Norfolk Southern | 72.78 Bn | 67.42 Bn | - | - |
| 6 | Fedex | 69.54 Bn | 35.48 Bn | - | - |
| 7 | Delta Air Lines | 48.82 Bn | 31.01 Bn | - | 75.00 Mn |
| 8 | Old Dominion Freight Line | 38.83 Bn | 38.10 Bn | - | - |
| 9 | United Airlines Holdings | 31.02 Bn | -25.36 Bn | - | - |
| 10 | Flex LNG | 1.50 Bn | -193.08 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 181.45 Mn |
| Dec 31, 2020 | -98.68 Mn |
| Sep 30, 2020 | 98.68 Mn |
| Jun 30, 2020 | -98.68 Mn |
| Mar 31, 2020 | 98.03 Mn |
| Dec 31, 2019 | -50.00 Mn |
| Sep 30, 2019 | 50.00 Mn |
Flex LNG Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-debt&ticker=FLNG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-debt", "ticker": "FLNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-debt&ticker=FLNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();