Golar Current Ratio from 2010 to 2024

GLNG Stock  USD 25.18  0.36  1.41%   
Golar LNG's Current Ratio is decreasing over the last several years with very volatile swings. Current Ratio is predicted to flatten to 0.90. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.49430906
Current Value
0.9
Quarterly Volatility
0.99279574
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golar LNG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golar main balance sheet or income statement drivers, such as Depreciation And Amortization of 38.6 M, Interest Expense of 855 K or Total Revenue of 249.2 M, as well as many exotic indicators such as Price To Sales Ratio of 6.91, Dividend Yield of 0.0468 or PTB Ratio of 1.91. Golar financial statements analysis is a perfect complement when working with Golar LNG Valuation or Volatility modules.
  
This module can also supplement Golar LNG's financial leverage analysis and stock options assessment as well as various Golar LNG Technical models . Check out the analysis of Golar LNG Correlation against competitors.

Latest Golar LNG's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Golar LNG Limited over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Golar LNG's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golar LNG's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.51 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Golar Current Ratio Regression Statistics

Arithmetic Mean1.21
Geometric Mean0.88
Coefficient Of Variation82.06
Mean Deviation0.80
Median0.72
Standard Deviation0.99
Sample Variance0.99
Range3.039
R-Value(0.10)
Mean Square Error1.05
R-Squared0.01
Significance0.72
Slope(0.02)
Total Sum of Squares13.80

Golar Current Ratio History

2024 0.9
2023 1.49
2022 3.04
2021 0.71
2020 0.25
2019 0.32
2018 0.65

About Golar LNG Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Golar LNG income statement, its balance sheet, and the statement of cash flows. Golar LNG investors use historical funamental indicators, such as Golar LNG's Current Ratio, to determine how well the company is positioned to perform in the future. Although Golar LNG investors may use each financial statement separately, they are all related. The changes in Golar LNG's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Golar LNG's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Golar LNG Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Golar LNG. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.49  0.90 

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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 the analysis of Golar LNG Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Golar LNG's price analysis, check to measure Golar LNG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golar LNG is operating at the current time. Most of Golar LNG's value examination focuses on studying past and present price action to predict the probability of Golar LNG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golar LNG's price. Additionally, you may evaluate how the addition of Golar LNG to your portfolios can decrease your overall portfolio volatility.
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Is Golar LNG's industry 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
(0.44)
Revenue Per Share
2.799
Quarterly Revenue Growth
0.347
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.