Sfl (SFL) Change in Working Capital (2018 - 2024)

Sfl's (SFL) quarterly Change in Working Capital came in at -$39.3 million in Q2 2024, up 53.06% year-on-year from -$25.7 million in Q3 2023, and down 189.56% on a QoQ basis from $43.9 million in Q1 2024.

Sfl (SFL) Change in Working Capital (2018 - 2024) Analysis & Trends

Sfl (SFL) has 5 years of Change in Working Capital data on file, last reported at -$39.3 million in Q2 2024.

  • On a quarterly basis, Change in Working Capital rose 53.06% year-over-year to -$39.3 million in Q2 2024; TTM through Jun 2024 was $67.5 million, a 170.27% increase from a year earlier, with the FY2023 full-year figure at $7.6 million, up 164.79% from the prior year.
  • Change in Working Capital for Q2 2024 stood at -$39.3 million, down from $43.9 million in the prior quarter.
  • Over the last five years, Change in Working Capital for SFL reached as high as $55.3 million in Q3 2023 and fell as low as -$83.7 million in Q2 2023.
  • Historically, Change in Working Capital has averaged -$797285.7 across 4 years, with a median of $2.7 million in 2021.
  • Across the five-year window, Change in Working Capital soared 2593.95% in 2022 and sank 1355.54% in 2023, its largest moves.
  • Year by year, Change in Working Capital stood at -$1.2 million in 2021, then slumped by 877.8% to -$11.7 million in 2022, then soared by 164.79% to $7.6 million in 2023, then tumbled by 617.58% to -$39.3 million in 2024.
  • Per Business Quant data, the three most recent Change in Working Capital figures were -$39.3 million in Q2 2024, $43.9 million in Q1 2024, and $7.6 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 ZIM Integrated Shipping Services 2,961,932.37 Bn 2,961,931.45 Bn 57.20 Mn 200,000.00
2 Danaos 2,534.83 Bn 2,533.96 Bn 203.71 Mn -
3 Sfl 1,566.09 Bn 1,565.94 Bn 66.27 Mn -
4 Capital Clean Energy Carriers 1,428.00 Bn 1,427.46 Bn 95.52 Mn -
5 Globus Maritime 60.08 Bn 60.05 Bn 8,083.00 -
6 Kirby 8.05 Bn 7.97 Bn 291.34 Mn -
7 Matson 6.27 Bn 6.17 Bn - -
8 Intercont (Cayman) 3.96 Bn 3.96 Bn - -
9 Hafnia 3.72 Bn 3.61 Bn 152.41 Mn -
10 Star Bulk Carriers 3.11 Bn 2.62 Bn 493.84 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 -39.28 Mn
Jun 30, 2024 -39.28 Mn
Mar 31, 2024 43.86 Mn
Mar 31, 2024 43.86 Mn
Dec 31, 2023 7.59 Mn
Dec 31, 2023 7.59 Mn
Sep 30, 2023 55.32 Mn
Sep 30, 2023 55.32 Mn
Jun 30, 2023 -83.68 Mn
Jun 30, 2023 -83.68 Mn
Mar 31, 2023 -12.66 Mn
Mar 31, 2023 -12.66 Mn
Dec 31, 2022 -11.71 Mn
Dec 31, 2022 -11.71 Mn
Sep 30, 2022 12.02 Mn
Sep 30, 2022 12.02 Mn
Jun 30, 2022 6.67 Mn
Jun 30, 2022 6.67 Mn
Mar 31, 2022 7.29 Mn
Mar 31, 2022 7.29 Mn