Sfl (SFL) Current Leases (2016 - 2024)
Sfl (SFL) posted quarterly Current Leases of $222.7 million for Q3 2024, up 5.88% year-over-year from $210.3 million in Q4 2023, and down 43.13% quarter-over-quarter from $391.6 million in Q2 2024.
Sfl (SFL) Current Leases (2016 - 2024) Analysis & Trends
Sfl (SFL) has reported Current Leases for 9 consecutive years, with $222.7 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Current Leases rose 5.88% year-over-year to $222.7 million; the TTM figure through Sep 2024 stood at $222.7 million (up 5.88% YoY), while the FY2023 annual figure was $419.3 million, up 681.55% from the prior year.
- Current Leases eased to $222.7 million in Q3 2024 per SFL's latest filing, from $391.6 million in the prior quarter.
- Across five years, Current Leases topped out at $419.3 million in Q4 2023 and bottomed at $48.9 million in Q4 2020.
- Historically, Current Leases has averaged $128.7 million across 5 years, with a median of $54.3 million in 2023.
- Annual changes were most pronounced in 2021 — Current Leases tumbled 39.98% — and 2023, when it jumped 681.55%.
- Sfl's Current Leases stood at $48.9 million in 2020, then grew by 4.74% to $51.2 million in 2021, then rose by 4.79% to $53.7 million in 2022, then surged by 681.55% to $419.3 million in 2023, then slumped by 46.9% to $222.7 million in 2024.
- Business Quant data shows SFL's Current Leases at $222.7 million in Q3 2024, $391.6 million in Q2 2024, and $405.5 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 38.61 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 132.80 Mn |
| 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 | - | 28.42 Mn |
| 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 | 68.41 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 |
|---|---|
| Sep 30, 2024 | 222.66 Mn |
| Jun 30, 2024 | 391.55 Mn |
| Mar 31, 2024 | 405.49 Mn |
| Dec 31, 2023 | 419.34 Mn |
| Sep 30, 2023 | 210.30 Mn |
| Jun 30, 2023 | 54.87 Mn |
| Mar 31, 2023 | 54.28 Mn |
| Dec 31, 2022 | 53.66 Mn |
| Sep 30, 2022 | 53.04 Mn |
| Jun 30, 2022 | 52.40 Mn |
| Mar 31, 2022 | 51.80 Mn |
| Dec 31, 2021 | 51.20 Mn |
| Sep 30, 2021 | 50.61 Mn |
| Jun 30, 2021 | 50.03 Mn |
| Mar 31, 2021 | 49.45 Mn |
| Dec 31, 2020 | 48.89 Mn |
| Sep 30, 2020 | 72.14 Mn |
| Jun 30, 2020 | 70.94 Mn |
| Mar 31, 2020 | 82.40 Mn |
| Dec 31, 2019 | 68.87 Mn |