Flex LNG (FLNG) Debt Ratio (2017 - 2026)
Flex LNG's (FLNG) quarterly Debt Ratio came in at 0.71 in Q2 2026, down 0.51% quarter-over-quarter from 0.71 in Q1 2026.
Analysis
Flex LNG (FLNG) Debt Ratio (2017 - 2026) Analysis & Trends
Flex LNG has disclosed Debt Ratio across 9 years of filings, most recently posting 0.71 for Q2 2026.
- In Q2 2026, Debt Ratio changed N/A year-over-year to 0.71; the TTM figure through Jun 2026 stood at 0.71 (changed N/A YoY), while the FY2025 annual figure was 0.71, up 2.6% from the prior year.
- Debt Ratio came in at 0.71 for Q2 2026 at Flex LNG, down from 0.71 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.71 in Q1 2026 to a low of 0.66 in Q2 2022.
- Average Debt Ratio over 5 years is 0.69, with a median of 0.69 recorded in 2023.
- Year-over-year, Debt Ratio declined 2.51% in 2024 and rose 5.3% in 2025.
- Over 5 years, Debt Ratio stood at 0.66 in 2022, then grew by 3.97% to 0.69 in 2023, then grew by 0.93% to 0.69 in 2024, then grew by 2.6% to 0.71 in 2025, then retreated by 0.36% to 0.71 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.71 in Q2 2026, 0.71 in Q1 2026, and 0.71 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 0.42 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 0.17 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 0.08 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.23 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 0.31 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 0.16 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 0.28 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 0.28 |
| 10 | Flex LNG | 1.70 Bn | 1.31 Bn | - | 0.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.71 |
| Mar 31, 2026 | 0.71 |
| Dec 31, 2025 | 0.71 |
| Sep 30, 2025 | 0.71 |
| Mar 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.67 |
| Mar 31, 2024 | 0.68 |
| Dec 31, 2023 | 0.69 |
| Sep 30, 2023 | 0.69 |
| Jun 30, 2023 | 0.69 |
| Mar 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.66 |
| Sep 30, 2022 | 0.67 |
| Jun 30, 2022 | 0.66 |
| Dec 31, 2021 | 0.64 |
| Sep 30, 2021 | 0.64 |
| Jun 30, 2021 | 0.64 |
| Mar 31, 2021 | -0.63 |
| Dec 31, 2020 | 0.61 |