Golar Retained Earnings vs Net Debt Analysis
GLNG Stock | USD 25.89 0.08 0.31% |
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 Retained Earnings and its Net Debt 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Retained Earnings vs Net Debt
Retained Earnings vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Golar LNG Limited Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Golar LNG's Retained Earnings and Net Debt is -0.62. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt 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 Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Golar LNG Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Golar LNG's Retained Earnings and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.62 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Golar LNG's Selling General Administrative is most likely to increase significantly in the upcoming years. The Golar LNG's current Tax Provision is estimated to increase to about 858.9 K, while Discontinued Operations is forecasted to increase to (72.4 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 32.8M | 61.5M | 72.6M | 42.8M | Cost Of Revenue | 237.1M | 127.0M | 143.6M | 126.9M |
Golar LNG fundamental ratios Correlations
Click cells to compare fundamentals
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 | 526.7M | 500.4M | |
Cash | 222.1M | 127.7M | 268.6M | 878.8M | 697.3M | 732.2M | |
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 | 697.3M | 732.2M | |
Common Stock Shares Outstanding | 100.7M | 97.0M | 109.6M | 108.5M | 106.6M | 86.9M | |
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 | 296.1M | 262.4M | |
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 | 162.2M | 188.7M | 37.6M | 177.3M | 140.9M | |
Total Current Liabilities | 1.3B | 1.2B | 1.3B | 414.4M | 545.8M | 542.6M | |
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 | 17.1M | |
Accounts Payable | 13.9M | 10.6M | 12.4M | 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 | 2.1M | 3.5M | 55.4M | 57.6M | 60.5M | |
Inventory | 1.2M | 1.5M | 536K | 692K | 2M | 1.9M | |
Other Current Assets | 36.0M | 39.9M | 576.1M | 337.4M | 60.6M | 66.9M | |
Short Term Debt | 1.1B | 1.0B | 1.1B | 344.8M | 344.0M | 368.7M | |
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Golar LNG in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Golar LNG's short interest history, or implied volatility extrapolated from Golar LNG options trading.
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Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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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.