Flex LNG (FLNG) Interest Coverage Ratio (2018 - 2026)
Flex LNG (FLNG) reported Interest Coverage Ratio of 1.7 for Q1 2026, up 20.37% year-over-year from 1.41 in Q1 2025, and up 8.58% sequentially from 1.86 in Q4 2025.
Flex LNG (FLNG) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Flex LNG's Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 1.7 for Q1 2026.
- Quarterly Interest Coverage Ratio rose 20.37% year-over-year to 1.7 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.8 (up 6.03% YoY) and the FY2025 annual result came in at 1.9, up 1.32% from the prior year.
- Interest Coverage Ratio was 1.7 for Q1 2026 at Flex LNG, up from 1.86 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 1.64 in Q2 2024 to a low of 3.06 in Q2 2022.
- Median Interest Coverage Ratio over the past 5 years was 1.96 (2024), compared with a mean of 2.08.
- On a YoY basis, Interest Coverage Ratio climbed as much as 53.79% in 2022 and fell as far as 43.9% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 2.49 in 2022, then rose by 16.05% to 2.09 in 2023, then advanced by 6.17% to 1.96 in 2024, then climbed by 5.03% to 1.86 in 2025, then gained by 8.58% to 1.7 in 2026.
- Business Quant data shows FLNG's Interest Coverage Ratio at 1.7 in Q1 2026, 1.86 in Q4 2025, and 1.8 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.64 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 4.92 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 3.15 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 4.17 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 3.25 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 1.99 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 2.59 |
| 10 | Flex LNG | - | - | 61.79 Mn | -4.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.16 |
| Dec 31, 2025 | -3.89 |
| Sep 30, 2025 | -3.79 |
| Jun 30, 2025 | -3.65 |
| Mar 31, 2025 | -4.13 |
| Dec 31, 2024 | -3.73 |
| Sep 30, 2024 | -3.55 |
| Jun 30, 2024 | -3.26 |
| Mar 31, 2024 | -3.55 |
| Dec 31, 2023 | -3.60 |
| Sep 30, 2023 | -3.58 |
| Jun 30, 2023 | -3.30 |
| Mar 31, 2023 | -3.73 |
| Dec 31, 2022 | -4.17 |
| Sep 30, 2022 | -4.37 |
| Jun 30, 2022 | -5.59 |
| Mar 31, 2022 | -5.51 |
| Dec 31, 2021 | -8.27 |
| Sep 30, 2021 | -6.01 |
| Jun 30, 2021 | -5.00 |