FLEX LNG Ltd. (FLNG)
FLEX LNG Statistics
Share Statistics
FLEX LNG has 54.09M shares outstanding. The number of shares has increased by 0.65% in one year.
| Shares Outstanding | 54.09M |
| Shares Change (YoY) | 0.65% |
| Shares Change (QoQ) | 0.4% |
| Owned by Institutions (%) | 20.41% |
| Shares Floating | 30.5M |
| Failed to Deliver (FTD) Shares | 2.9K |
| FTD / Avg. Volume | 0.53% |
Short Selling Information
The latest short interest is 2.42M, so 4.47% of the outstanding shares have been sold short.
| Short Interest | 2.42M |
| Short % of Shares Out | 4.47% |
| Short % of Float | 7.83% |
| Short Ratio (days to cover) | 7.15 |
Valuation Ratios
The PE ratio is 10.5 and the forward PE ratio is 10.84. FLEX LNG's PEG ratio is -4.7.
| PE Ratio | 10.5 |
| Forward PE | 10.84 |
| PS Ratio | 3.47 |
| Forward PS | 1.4 |
| PB Ratio | 1.53 |
| P/FCF Ratio | 6.76 |
| PEG Ratio | -4.7 |
Enterprise Valuation
FLEX LNG has an Enterprise Value (EV) of 2.61B.
| EV / Sales | 7.32 |
| EV / EBITDA | 8.73 |
| EV / EBIT | 14.27 |
| EV / FCF | 14.27 |
Financial Position
The company has a current ratio of 2.99, with a Debt / Equity ratio of 2.24.
| Current Ratio | 2.99 |
| Quick Ratio | 2.96 |
| Debt / Equity | 2.24 |
| Debt / EBITDA | 6.06 |
| Debt / FCF | 9.9 |
| Interest Coverage | 1.87 |
Financial Efficiency
Return on Equity is 14.59% and Return on Invested Capital is 7.55%.
| Return on Equity | 14.59% |
| Return on Assets | 4.41% |
| Return on Invested Capital | 7.55% |
| Revenue Per Employee | $39.59M |
| Profits Per Employee | $13.08M |
| Employee Count | 9 |
| Asset Turnover | 0.13 |
| Inventory Turnover | 30.84 |
Taxes
| Income Tax | 132K |
| Effective Tax Rate | 0.11% |
Stock Price Statistics
The stock price has increased by -8.2% in the last 52 weeks. The beta is 0.42, so FLEX LNG's price volatility has been higher than the market average.
| Beta | 0.42 |
| 52-Week Price Change | -8.2% |
| 50-Day Moving Average | 22.68 |
| 200-Day Moving Average | 24.67 |
| Relative Strength Index (RSI) | 59.01 |
| Average Volume (20 Days) | 550.37K |
Income Statement
In the last 12 months, FLEX LNG had revenue of 356.35M and earned 117.68M in profits. Earnings per share was 2.19.
| Revenue | 356.35M |
| Gross Profit | 207.58M |
| Operating Income | 197.79M |
| Net Income | 117.68M |
| EBITDA | 298.89M |
| EBIT | 223.4M |
| Earnings Per Share (EPS) | 2.19 |
Balance Sheet
The company has 437.15M in cash and 1.81B in debt, giving a net cash position of -1.37B.
| Cash & Cash Equivalents | 437.15M |
| Total Debt | 1.81B |
| Net Cash | -1.37B |
| Retained Earnings | -277.49M |
| Total Assets | 2.67B |
| Working Capital | 315.6M |
Cash Flow
In the last 12 months, operating cash flow was 182.8M and capital expenditures -4K, giving a free cash flow of 182.79M.
| Operating Cash Flow | 182.8M |
| Capital Expenditures | -4K |
| Free Cash Flow | 182.79M |
| FCF Per Share | 3.39 |
Margins
Gross margin is 58.25%, with operating and profit margins of 55.51% and 33.02%.
| Gross Margin | 58.25% |
| Operating Margin | 55.51% |
| Pretax Margin | 33.06% |
| Profit Margin | 33.02% |
| EBITDA Margin | 83.87% |
| EBIT Margin | 55.51% |
| FCF Margin | 51.3% |
Dividends & Yields
FLNG pays an annual dividend of $3.75, which amounts to a dividend yield of 13.09%.
| Dividend Per Share | $3.75 |
| Dividend Yield | 13.09% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 172.02% |
| Earnings Yield | 9.53% |
| FCF Yield | 14.8% |
Analyst Forecast
The average price target for FLNG is $23, which is -1.3% lower than the current price. The consensus rating is "Hold".
| Price Target | $23 |
| Price Target Difference | -1.3% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Mar 15, 2019. It was a backward split with a ratio of 1:10.
| Last Split Date | Mar 15, 2019 |
| Split Type | backward |
| Split Ratio | 1:10 |
Scores
| Altman Z-Score | 0.78 |
| Piotroski F-Score | 7 |