FLEX LNG Ltd.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $447.6M | $437.2M | $410.4M | $332.3M | $200.7M | $128.9M | $129.0M | $54.9M |
| Accounts Receivable | $392.0K | $1.4M | $447.0K | $4.9M | $5.3M | $4.1M | $5.4M | $0 |
| Inventory | $9.0M | $4.8M | $5.1M | $5.3M | $6.5M | $3.7M | $2.7M | $915.0K |
| Total Current Assets | $503.3M | $474.4M | $443.1M | $354.0M | $224.9M | $157.8M | $143.9M | $60.4M |
| Property, Plant & Equipment | $2.10B | $2.15B | $2.22B | $2.27B | $2.34B | $1.86B | $1.15B | $812.5M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $2.62B | $2.67B | $2.71B | $2.68B | $2.57B | $2.30B | $1.64B | $1.29B |
| Liabilities | ||||||||
| Accounts Payable | $10.5M | $2.0M | $3.5M | $1.8M | $2.0M | $3.4M | $582.0K | $592.0K |
| Total Current Liabilities | $165.8M | $158.8M | $153.3M | $153.2M | $131.6M | $131.8M | $57.7M | $35.5M |
| Long-Term Debt | $1.74B | $1.70B | $1.71B | $1.62B | $1.55B | $1.34B | $744.3M | $431.6M |
| Total Liabilities | $1.90B | $1.86B | $1.86B | $1.77B | $1.68B | $1.47B | $802.0M | $467.1M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-202.7M | $-277.5M | $-354.9M | $-293.7M | $-295.6M | $-358.9M | $356.2M | $-367.8M |
| Total Stockholders' Equity | $719.3M | $806.6M | $847.7M | $907.1M | $889.4M | $835.2M | $839.3M | $827.3M |