Golar LNG Balance Sheet Health
Financial Health criteria checks 4/6
Golar LNG has a total shareholder equity of $2.6B and total debt of $1.1B, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are $4.3B and $1.7B respectively. Golar LNG's EBIT is $28.4M making its interest coverage ratio -0.7. It has cash and short-term investments of $732.1M.
Key information
41.7%
Debt to equity ratio
US$1.09b
Debt
| Interest coverage ratio | -0.7x |
| Cash | US$732.06m |
| Equity | US$2.62b |
| Total liabilities | US$1.72b |
| Total assets | US$4.33b |
Recent financial health updates
These 4 Measures Indicate That Golar LNG (NASDAQ:GLNG) Is Using Debt Reasonably Well
Sep 30
Is Golar LNG (NASDAQ:GLNG) A Risky Investment?
Feb 14Here's Why Golar LNG (NASDAQ:GLNG) Can Manage Its Debt Responsibly
Jul 28Recent updates
Golar LNG (NASDAQ:GLNG) Will Pay A Dividend Of $0.25
Nov 15Golar LNG Limited (NASDAQ:GLNG) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Nov 14Some Shareholders Feeling Restless Over Golar LNG Limited's (NASDAQ:GLNG) P/E Ratio
Nov 11These 4 Measures Indicate That Golar LNG (NASDAQ:GLNG) Is Using Debt Reasonably Well
Sep 30Golar LNG: Wait For A Better Entry Price
Aug 27Golar LNG Limited (NASDAQ:GLNG) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Jul 16Golar LNG (NASDAQ:GLNG) Is Due To Pay A Dividend Of $0.25
May 31Golar LNG: A LNG Stock With Significant Upside Potential (Upgrade)
Apr 18The Golar LNG Limited (NASDAQ:GLNG) Annual Results Are Out And Analysts Have Published New Forecasts
Mar 02Golar LNG: Bet On Rising Floating LNG Demand
Feb 21Is Golar LNG (NASDAQ:GLNG) A Risky Investment?
Feb 14A Look At The Intrinsic Value Of Golar LNG Limited (NASDAQ:GLNG)
Oct 05Golar LNG Limited's (NASDAQ:GLNG) Prospects Need A Boost To Lift Shares
Jul 14Golar LNG Limited (NASDAQ:GLNG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Jun 23Golar LNG's (NASDAQ:GLNG) Earnings Are Weaker Than They Seem
Nov 23Golar LNG reports Q2 results
Aug 11Here's Why Golar LNG (NASDAQ:GLNG) Can Manage Its Debt Responsibly
Jul 28An Intrinsic Calculation For Golar LNG Limited (NASDAQ:GLNG) Suggests It's 45% Undervalued
Jul 07RiverPark Advisors - Golar LNG Ltd: Rising Energy Prices, Changing Supply Lines
Jun 03Golar LNG: Changing Business Model Creates Opportunity For Investors
Apr 08Financial Position Analysis
Short Term Liabilities: GLNG's short term assets ($915.2M) exceed its short term liabilities ($591.9M).
Long Term Liabilities: GLNG's short term assets ($915.2M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: GLNG's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: GLNG's debt to equity ratio has reduced from 151.4% to 41.7% over the past 5 years.
Debt Coverage: GLNG's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: GLNG earns more interest than it pays, so coverage of interest payments is not a concern.