Sfl (SFL) Capital Leases (2017 - 2024)
Sfl (SFL) posted quarterly Capital Leases of -$27.8 million for Q2 2024, down 107.1% year-over-year from $391.6 million in Q3 2023, and down 100.56% quarter-over-quarter from -$13.9 million in Q1 2024.
Sfl (SFL) Capital Leases (2017 - 2024) Analysis & Trends
Sfl (SFL) has reported Capital Leases for 8 consecutive years, with -$27.8 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Capital Leases fell 107.1% year-over-year to -$27.8 million; the TTM figure through Jun 2024 stood at -$27.8 million (down 107.1% YoY), while the FY2022 annual figure was $419.3 million, down 11.34% from the prior year.
- Capital Leases declined to -$27.8 million in Q2 2024 per SFL's latest filing, from -$13.9 million in the prior quarter.
- Across five years, Capital Leases topped out at $1.0 billion in Q1 2020 and bottomed at -$27.8 million in Q2 2024.
- Historically, Capital Leases has averaged $484.6 million across 5 years, with a median of $459.8 million in 2022.
- Annual changes were most pronounced in 2020 — Capital Leases climbed 25.17% — and 2024, when it plunged 107.1%.
- Sfl's Capital Leases stood at $524.2 million in 2020, then decreased by 9.77% to $473.0 million in 2021, then decreased by 11.34% to $419.3 million in 2022, then slumped by 46.9% to $222.7 million in 2023, then slumped by 112.48% to -$27.8 million in 2024.
- Business Quant data shows SFL's Capital Leases at -$27.8 million in Q2 2024, -$13.9 million in Q1 2024, and $222.7 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -27.79 Mn |
| Mar 31, 2024 | -13.86 Mn |
| Sep 30, 2023 | 222.66 Mn |
| Jun 30, 2023 | 391.55 Mn |
| Mar 31, 2023 | 405.49 Mn |
| Dec 31, 2022 | 419.34 Mn |
| Sep 30, 2022 | 432.96 Mn |
| Jun 30, 2022 | 446.43 Mn |
| Mar 31, 2022 | 459.77 Mn |
| Dec 31, 2021 | 473.00 Mn |
| Sep 30, 2021 | 486.00 Mn |
| Jun 30, 2021 | 498.82 Mn |
| Mar 31, 2021 | 511.57 Mn |
| Dec 31, 2020 | 524.20 Mn |
| Sep 30, 2020 | 984.72 Mn |
| Jun 30, 2020 | 1.00 Bn |
| Mar 31, 2020 | 1.02 Bn |
| Dec 31, 2019 | 1.04 Bn |
| Sep 30, 2019 | 1.05 Bn |
| Jun 30, 2019 | 800.96 Mn |