Golar Long Term Debt vs Non Currrent Assets Other 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 Long Term Debt and its Non Currrent Assets Other 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.

Long Term Debt vs Non Currrent Assets Other

Long Term Debt vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golar LNG Limited Long Term Debt account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Golar LNG's Long Term Debt and Non Currrent Assets Other is 0.13. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Currrent Assets Other 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 Long Term Debt and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Golar LNG Limited are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Long Term Debt i.e., Golar LNG's Long Term Debt and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Golar LNG Limited has held for over one year. Long-term debt appears on Golar LNG Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Golar LNG Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 Expenses32.8M61.5M72.6M43.2M
Cost Of Revenue237.1M127.0M143.6M127.5M

Golar LNG fundamental ratios Correlations

0.730.730.22-0.090.210.930.930.840.610.850.930.970.520.710.910.530.780.530.480.30.660.310.540.460.04
0.730.170.380.070.40.770.710.250.680.280.470.630.590.250.540.20.250.250.230.160.320.460.250.420.33
0.730.17-0.4-0.53-0.420.490.610.93-0.010.920.850.81-0.080.780.780.560.850.460.330.40.71-0.250.250.260.11
0.220.38-0.40.640.990.460.28-0.090.78-0.040.070.090.820.040.04-0.15-0.130.130.23-0.27-0.160.690.530.06-0.44
-0.090.07-0.530.640.620.080.04-0.260.48-0.27-0.25-0.220.49-0.4-0.1-0.14-0.090.020.08-0.17-0.140.60.510.02-0.38
0.210.4-0.420.990.620.450.29-0.120.79-0.080.040.060.82-0.010.02-0.19-0.150.120.22-0.26-0.180.670.50.11-0.45
0.930.770.490.460.080.450.930.650.730.680.840.860.70.530.840.410.640.520.580.140.460.470.650.47-0.11
0.930.710.610.280.040.290.930.710.620.740.870.870.50.540.890.390.710.450.610.070.60.430.650.41-0.16
0.840.250.93-0.09-0.26-0.120.650.710.270.990.920.890.210.850.830.610.910.540.380.40.74-0.020.460.31-0.03
0.610.68-0.010.780.480.790.730.620.270.30.40.440.810.30.390.350.230.110.42-0.070.260.690.480.53-0.24
0.850.280.92-0.04-0.27-0.080.680.740.990.30.940.910.220.870.850.590.890.520.430.320.750.020.490.29-0.06
0.930.470.850.07-0.250.040.840.870.920.40.940.960.350.80.950.540.850.550.550.250.70.220.570.35-0.1
0.970.630.810.09-0.220.060.860.870.890.440.910.960.410.780.940.510.820.590.420.360.710.220.520.340.11
0.520.59-0.080.820.490.820.70.50.210.810.220.350.410.250.370.160.180.390.120.140.130.590.520.25-0.19
0.710.250.780.04-0.4-0.010.530.540.850.30.870.80.780.250.630.480.560.320.220.180.720.00.260.070.03
0.910.540.780.04-0.10.020.840.890.830.390.850.950.940.370.630.520.840.560.540.250.750.320.630.36-0.06
0.530.20.56-0.15-0.14-0.190.410.390.610.350.590.540.510.160.480.520.59-0.060.210.280.550.020.00.590.07
0.780.250.85-0.13-0.09-0.150.640.710.910.230.890.850.820.180.560.840.590.620.430.50.60.020.530.45-0.06
0.530.250.460.130.020.120.520.450.540.110.520.550.590.390.320.56-0.060.620.170.540.210.060.610.130.01
0.480.230.330.230.080.220.580.610.380.420.430.550.420.120.220.540.210.430.17-0.390.270.350.640.44-0.53
0.30.160.4-0.27-0.17-0.260.140.070.4-0.070.320.250.360.140.180.250.280.50.54-0.390.12-0.24-0.110.330.47
0.660.320.71-0.16-0.14-0.180.460.60.740.260.750.70.710.130.720.750.550.60.210.270.120.180.360.170.12
0.310.46-0.250.690.60.670.470.43-0.020.690.020.220.220.590.00.320.020.020.060.35-0.240.180.580.18-0.33
0.540.250.250.530.510.50.650.650.460.480.490.570.520.520.260.630.00.530.610.64-0.110.360.580.09-0.5
0.460.420.260.060.020.110.470.410.310.530.290.350.340.250.070.360.590.450.130.440.330.170.180.09-0.01
0.040.330.11-0.44-0.38-0.45-0.11-0.16-0.03-0.24-0.06-0.10.11-0.190.03-0.060.07-0.060.01-0.530.470.12-0.33-0.5-0.01
Click cells to compare fundamentals

Golar LNG Account Relationship Matchups

Golar LNG fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.7B4.3B4.9B4.3B4.1B3.1B
Total Stockholder Equity1.5B1.3B1.7B2.5B2.1B1.1B
Net Debt2.3B2.2B2.1B314.1M544.8M517.6M
Cash222.1M127.7M268.6M878.8M679.2M713.2M
Other Assets147.3M90.7M215.0M627.9M722.0M758.1M
Cash And Short Term Investments222.1M127.7M268.6M1.1B684.4M718.6M
Common Stock Shares Outstanding100.7M97.0M109.6M108.5M106.6M86.8M
Liabilities And Stockholders Equity4.7B4.3B4.9B4.3B4.1B3.1B
Other Stockholder Equity2.0B2.2B2.2B2.1B1.9B1.1B
Total Liab2.9B2.7B2.8B1.4B1.5B1.9B
Total Current Assets401.5M295.2M925.6M1.3B815.6M856.3M
Short Long Term Debt Total2.6B2.4B2.4B1.2B1.2B1.6B
Property Plant And Equipment Net3.6B3.6B3.8B2.3B2.6B2.2B
Non Current Assets Total4.3B4.0B4.0B3.0B3.3B2.8B
Non Currrent Assets Other157.2M90.7M215.0M622.2M566.6M374.5M
Non Current Liabilities Total1.6B1.5B1.5B965.0M935.8M1.4B
Property Plant And Equipment Gross3.6B3.6B3.8B2.3B3.1B2.2B
Other Current Liab152.5M169.1M478.4M35.8M176.8M154.0M
Total Current Liabilities1.3B1.2B1.3B414.4M545.8M540.6M
Other Liab136.2M137.7M104.9M120.4M138.5M103.8M
Current Deferred Revenue30.7M22.3M55.7M23.0M17.0M14.7M
Accounts Payable13.9M10.6M4.9M9.0M7.5M7.1M
Long Term Debt1.3B1.4B1.4B844.5M874.2M1.3B
Net Receivables1.7M38.1M35.0M50.8M57.6M60.5M
Inventory1.2M1.5M536K692K2M1.9M
Other Current Assets36.0M370.5M174.0M81.7M71.2M53.2M
Short Term Debt1.1B987.9M707.0M346.1M344.0M352.7M
Property Plant Equipment3.6B3.6B3.8B2.3B2.6B2.2B
Retained Earnings(605.1M)(929.6M)(540.8M)262.1M77.0M80.9M
Accumulated Other Comprehensive Income(34.9M)(56.9M)(10.8M)(5.8M)(5.1M)(5.3M)
Net Tangible Assets1.5B1.3B1.7B2.5B2.3B1.5B
Long Term Investments508.8M312.6M52.2M104.1M54.0M51.3M
Short Long Term Debt1.2B1.0B1.1B344.8M342.6M325.4M

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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.