FLEX Historical Income Statement
| FLNG Stock | USD 22.37 0.57 2.48% |
Historical analysis of FLEX LNG income statement accounts such as Operating Income of 207.7 M or Ebit of 234.6 M can show how well FLEX LNG performed in making a profits. Evaluating FLEX LNG income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of FLEX LNG's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining FLEX LNG latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether FLEX LNG is a good buy for the upcoming year.
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About FLEX Income Statement Analysis
FLEX LNG Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to FLEX LNG shareholders. The income statement also shows FLEX investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
FLEX LNG Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Operating Income
Operating Income is the amount of profit realized from FLEX LNG operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of FLEX LNG is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from FLEX LNG's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into FLEX LNG current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FLEX LNG. 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. For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.At this time, FLEX LNG's EBIT is most likely to increase significantly in the upcoming years. The FLEX LNG's current EBITDA is estimated to increase to about 313.8 M, while Total Other Income Expense Net is forecasted to increase to (76 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Other Operating Expenses | 147.3M | 153.9M | 158.6M | 103.7M | Interest Expense | 76.6M | 108.7M | 105.6M | 110.9M |
FLEX LNG income statement Correlations
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FLEX LNG Account Relationship Matchups
High Positive Relationship
High Negative Relationship
FLEX LNG income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 41.8M | 56.2M | 76.6M | 108.7M | 105.6M | 110.9M | |
| Other Operating Expenses | 88.8M | 142.3M | 147.3M | 153.9M | 158.6M | 103.7M | |
| Operating Income | 75.6M | 201.2M | 200.6M | 217.2M | 197.8M | 207.7M | |
| Ebit | 75.6M | 201.2M | 264.7M | 228.8M | 223.4M | 234.6M | |
| Ebitda | 117.5M | 271.0M | 337.0M | 302.2M | 298.9M | 313.8M | |
| Total Operating Expenses | 6.3M | 7.9M | 9.1M | 10.5M | 9.8M | 19.0M | |
| Income Before Tax | 8.2M | 162.3M | 188.1M | 120.1M | 117.8M | 123.7M | |
| Total Other Income Expense Net | (67.4M) | (38.9M) | (12.5M) | (97.0M) | (80.0M) | (76.0M) | |
| Net Income | 8.1M | 162.2M | 188.0M | 120.0M | 117.7M | 123.6M | |
| Depreciation And Amortization | 41.8M | 69.8M | 72.2M | 73.4M | 75.5M | 79.3M | |
| Income Tax Expense | 84K | 99K | 98K | 78K | 132K | 138.6K | |
| Selling General Administrative | 6.3M | 7.9M | 9.1M | 10.5M | 9.8M | 7.4M | |
| Gross Profit | 81.9M | 209.0M | 209.8M | 227.6M | 207.6M | 218.0M | |
| Cost Of Revenue | 82.5M | 134.4M | 138.2M | 143.4M | 148.8M | 156.2M | |
| Tax Provision | 84K | 99K | 98K | 118K | 132K | 79.9K | |
| Interest Income | 327K | 41K | 2.0M | 5.0M | 4.5M | 4.7M | |
| Net Income From Continuing Ops | 8.1M | 162.2M | 188.0M | 142.1M | 117.7M | 69.5M | |
| Net Income Applicable To Common Shares | 17.0M | 8.1M | 162.2M | 188.0M | 216.2M | 227.1M | |
| Net Interest Income | (41.6M) | (56.4M) | (75.1M) | (102.4M) | (102.2M) | (97.1M) | |
| Total Revenue | 164.5M | 343.4M | 347.9M | 371.0M | 356.3M | 220.9M | |
| Reconciled Depreciation | 41.8M | 69.8M | 72.2M | 72.8M | 75.5M | 52.0M |
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When determining whether FLEX LNG is a strong investment it is important to analyze FLEX 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 FLEX LNG's future performance. For an informed investment choice regarding FLEX Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FLEX LNG. 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. For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Marine 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 FLEX LNG. If investors know FLEX 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 FLEX 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 1.39 | Dividend Share 3 | Earnings Share 2.18 | Revenue Per Share | Quarterly Revenue Growth (0.07) |
The market value of FLEX LNG is measured differently than its book value, which is the value of FLEX that is recorded on the company's balance sheet. Investors also form their own opinion of FLEX LNG's value that differs from its market value or its book value, called intrinsic value, which is FLEX 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 FLEX LNG's market value can be influenced by many factors that don't directly affect FLEX 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 FLEX LNG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLEX LNG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLEX 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.