Golar Good Will vs Current Deferred Revenue Analysis
GLNG Stock | USD 41.70 0.50 1.18% |
Golar LNG financial indicator trend analysis is much more than just examining Golar LNG Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Golar LNG Limited is a good investment. Please check the relationship between Golar LNG Good Will and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golar LNG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Good Will vs Current Deferred Revenue
Good Will vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golar LNG Limited Good Will account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Golar LNG's Good Will and Current Deferred Revenue is 0.64. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Golar LNG Limited, assuming nothing else is changed. The correlation between historical values of Golar LNG's Good Will and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Golar LNG Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Good Will i.e., Golar LNG's Good Will and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Golar LNG's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Golar LNG Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golar LNG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Golar LNG's Tax Provision is most likely to increase significantly in the upcoming years. The Golar LNG's current Sales General And Administrative To Revenue is estimated to increase to 0.22, while Selling General Administrative is projected to decrease to roughly 29.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 32.8M | 61.5M | 72.6M | 43.2M | Cost Of Revenue | 237.1M | 127.0M | 143.6M | 127.5M |
Golar LNG fundamental ratios Correlations
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Golar LNG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Golar LNG fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.7B | 4.3B | 4.9B | 4.3B | 4.1B | 3.1B | |
Total Stockholder Equity | 1.5B | 1.3B | 1.7B | 2.5B | 2.1B | 1.1B | |
Net Debt | 2.3B | 2.2B | 2.1B | 314.1M | 544.8M | 517.6M | |
Cash | 222.1M | 127.7M | 268.6M | 878.8M | 679.2M | 713.2M | |
Other Assets | 147.3M | 90.7M | 215.0M | 627.9M | 722.0M | 758.1M | |
Cash And Short Term Investments | 222.1M | 127.7M | 268.6M | 1.1B | 684.4M | 718.6M | |
Common Stock Shares Outstanding | 100.7M | 97.0M | 109.6M | 108.5M | 106.6M | 86.8M | |
Liabilities And Stockholders Equity | 4.7B | 4.3B | 4.9B | 4.3B | 4.1B | 3.1B | |
Other Stockholder Equity | 2.0B | 2.2B | 2.2B | 2.1B | 1.9B | 1.1B | |
Total Liab | 2.9B | 2.7B | 2.8B | 1.4B | 1.5B | 1.9B | |
Total Current Assets | 401.5M | 295.2M | 925.6M | 1.3B | 815.6M | 856.3M | |
Short Long Term Debt Total | 2.6B | 2.4B | 2.4B | 1.2B | 1.2B | 1.6B | |
Property Plant And Equipment Net | 3.6B | 3.6B | 3.8B | 2.3B | 2.6B | 2.2B | |
Non Current Assets Total | 4.3B | 4.0B | 4.0B | 3.0B | 3.3B | 2.8B | |
Non Currrent Assets Other | 157.2M | 90.7M | 215.0M | 622.2M | 566.6M | 374.5M | |
Non Current Liabilities Total | 1.6B | 1.5B | 1.5B | 965.0M | 935.8M | 1.4B | |
Property Plant And Equipment Gross | 3.6B | 3.6B | 3.8B | 2.3B | 3.1B | 2.2B | |
Other Current Liab | 152.5M | 169.1M | 478.4M | 35.8M | 176.8M | 154.0M | |
Total Current Liabilities | 1.3B | 1.2B | 1.3B | 414.4M | 545.8M | 540.6M | |
Other Liab | 136.2M | 137.7M | 104.9M | 120.4M | 138.5M | 103.8M | |
Current Deferred Revenue | 30.7M | 22.3M | 55.7M | 23.0M | 17.0M | 14.7M | |
Accounts Payable | 13.9M | 10.6M | 4.9M | 9.0M | 7.5M | 7.1M | |
Long Term Debt | 1.3B | 1.4B | 1.4B | 844.5M | 874.2M | 1.3B | |
Net Receivables | 1.7M | 38.1M | 35.0M | 50.8M | 57.6M | 60.5M | |
Inventory | 1.2M | 1.5M | 536K | 692K | 2M | 1.9M | |
Other Current Assets | 36.0M | 370.5M | 174.0M | 81.7M | 71.2M | 53.2M | |
Short Term Debt | 1.1B | 987.9M | 707.0M | 346.1M | 344.0M | 352.7M | |
Property Plant Equipment | 3.6B | 3.6B | 3.8B | 2.3B | 2.6B | 2.2B | |
Retained Earnings | (605.1M) | (929.6M) | (540.8M) | 262.1M | 77.0M | 80.9M | |
Accumulated Other Comprehensive Income | (34.9M) | (56.9M) | (10.8M) | (5.8M) | (5.1M) | (5.3M) | |
Net Tangible Assets | 1.5B | 1.3B | 1.7B | 2.5B | 2.3B | 1.5B | |
Long Term Investments | 508.8M | 312.6M | 52.2M | 104.1M | 54.0M | 51.3M | |
Short Long Term Debt | 1.2B | 1.0B | 1.1B | 344.8M | 342.6M | 325.4M |
Currently Active Assets on Macroaxis
When determining whether Golar LNG Limited is a strong investment it is important to analyze Golar LNG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golar LNG's future performance. For an informed investment choice regarding Golar Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golar LNG Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golar LNG. If investors know Golar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golar LNG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 1 | Earnings Share 0.13 | Revenue Per Share 2.626 | Quarterly Revenue Growth (0.04) |
The market value of Golar LNG Limited is measured differently than its book value, which is the value of Golar that is recorded on the company's balance sheet. Investors also form their own opinion of Golar LNG's value that differs from its market value or its book value, called intrinsic value, which is Golar LNG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golar LNG's market value can be influenced by many factors that don't directly affect Golar LNG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golar LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golar LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golar LNG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.