Sfl (SFL) Rent Expense (2011 - 2014)
Sfl's (SFL) quarterly Rent Expense came in at $37.5 million in Q3 2014, down 10.13% year-over-year from $41.7 million in Q3 2013, and up 203.2% quarter-over-quarter from $12.4 million in Q1 2014.
Analysis
Sfl (SFL) Rent Expense (2011 - 2014) Analysis & Trends
Sfl (SFL) has reported Rent Expense for 4 consecutive years, with $37.5 million the latest figure, recorded in Q3 2014.
- On a quarterly basis, Rent Expense fell 10.13% year-over-year to $37.5 million in Q3 2014; TTM through Sep 2014 was $105.1 million, a 23.12% increase from a year earlier, with the FY2013 full-year figure at $54.9 million, down 17.36% from the prior year.
- Rent Expense was $37.5 million for Q3 2014 at Sfl, up from $12.4 million in the prior quarter.
- Over five years, Rent Expense peaked at $41.7 million in Q3 2013 and troughed at $12.4 million in Q1 2014.
- A 4-year average of $20.0 million and a median of $16.9 million in 2012 frame the typical range for Rent Expense.
- The widest YoY moves for Rent Expense: up 148.66% in 2013, down 19.54% in 2013.
- Over 4 years, Rent Expense stood at $17.2 million in 2011, then dropped by 7.83% to $15.8 million in 2012, then jumped by 162.95% to $41.7 million in 2013, then fell by 10.13% to $37.5 million in 2014.
- The last three Rent Expense figures came in at $37.5 million (Q3 2014), $12.4 million (Q1 2014), and $41.7 million (Q3 2013), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | - |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | - |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | - |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | - |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | -12.62 Mn |
| 10 | Sfl | 1.67 Bn | 1.67 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2014 | 37.45 Mn |
| Mar 31, 2014 | 12.35 Mn |
| Sep 30, 2013 | 41.68 Mn |
| Jun 30, 2013 | 13.65 Mn |
| Mar 31, 2013 | 14.22 Mn |
| Dec 31, 2012 | 15.85 Mn |
| Sep 30, 2012 | 16.76 Mn |
| Jun 30, 2012 | 16.97 Mn |
| Mar 31, 2012 | 16.88 Mn |
| Dec 31, 2011 | 17.20 Mn |
| Sep 30, 2011 | 17.47 Mn |