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
DateValue
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