Sfl (SFL) Beginning Cash Balance (2018 - 2023)

Sfl (SFL) reported Beginning Cash Balance of $185.2 million for Q2 2023, up 18.57% year-over-year from $156.2 million in Q2 2022, and down 1.68% quarter-over-quarter from $188.4 million in Q1 2023.

Sfl (SFL) Beginning Cash Balance (2018 - 2023) Analysis & Trends

Sfl (SFL) has 6 years of Beginning Cash Balance data on file, last reported at $185.2 million in Q2 2023.

  • Beginning Cash Balance for Q2 2023 came in at $185.2 million, up 18.57% year-over-year; the trailing twelve-month figure through Jun 2023 was $781.8 million (down 17.2% YoY), and the FY2022 annual result was $154.0 million, down 31.39% from the prior year.
  • Beginning Cash Balance eased to $185.2 million in Q2 2023 per SFL's latest filing, from $188.4 million in the prior quarter.
  • Over five years, Beginning Cash Balance peaked at $377.7 million in Q3 2021 and troughed at $138.3 million in Q4 2019.
  • A 5-year average of $204.8 million and a median of $207.7 million in 2019 frame the typical range for Beginning Cash Balance.
  • The sharpest annual moves came in 2021 and 2022: Beginning Cash Balance surged 135.9% in 2021, then slumped 39.23% in 2022.
  • A 5-year view of Beginning Cash Balance shows it stood at $138.3 million in 2019, then soared by 55.02% to $214.4 million in 2020, then grew by 19.51% to $256.3 million in 2021, then sank by 30.28% to $178.7 million in 2022, then gained by 3.64% to $185.2 million in 2023.
  • Business Quant data shows SFL's Beginning Cash Balance at $185.2 million in Q2 2023, $188.4 million in Q1 2023, and $178.7 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn
3 Matson 5.69 Bn 5.59 Bn -
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn
7 Costamare 1.93 Bn 1.42 Bn -
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn -
10 Sfl 2,192.00 -127.56 Mn 106.91 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 185.19 Mn
Jun 30, 2023 185.19 Mn
Mar 31, 2023 188.36 Mn
Mar 31, 2023 188.36 Mn
Dec 31, 2022 178.68 Mn
Dec 31, 2022 178.68 Mn
Sep 30, 2022 229.53 Mn
Sep 30, 2022 229.53 Mn
Jun 30, 2022 156.19 Mn
Jun 30, 2022 156.19 Mn
Mar 31, 2022 153.96 Mn
Mar 31, 2022 153.96 Mn
Dec 31, 2021 256.27 Mn
Dec 31, 2021 256.27 Mn
Sep 30, 2021 377.72 Mn
Sep 30, 2021 377.72 Mn
Jun 30, 2021 224.01 Mn
Jun 30, 2021 224.01 Mn
Mar 31, 2021 224.40 Mn
Mar 31, 2021 224.40 Mn