FLEX Other Operating Expenses from 2010 to 2024

FLNG Stock  USD 24.14  0.13  0.54%   
FLEX LNG's Other Operating Expenses is increasing over the last several years with very volatile swings. Other Operating Expenses is predicted to flatten to about 99.3 M. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2008-06-30
Previous Quarter
40.2 M
Current Value
39 M
Quarterly Volatility
45.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check FLEX LNG financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FLEX LNG's main balance sheet or income statement drivers, such as Interest Expense of 114.2 M, Other Operating Expenses of 99.3 M or Operating Income of 228 M, as well as many indicators such as Price To Sales Ratio of 7.32, Dividend Yield of 0.12 or PTB Ratio of 2.57. FLEX financial statements analysis is a perfect complement when working with FLEX LNG Valuation or Volatility modules.
  
Check out the analysis of FLEX LNG Correlation against competitors.
For more detail on how to invest in FLEX Stock please use our How to Invest in FLEX LNG guide.

Latest FLEX LNG's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of FLEX LNG over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of FLEX LNG. It is also known as FLEX LNG overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. FLEX LNG's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FLEX LNG's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Very volatile
   Other Operating Expenses   
       Timeline  

FLEX Other Operating Expenses Regression Statistics

Arithmetic Mean94,897,123
Geometric Mean42,865,100
Coefficient Of Variation87.65
Mean Deviation66,183,464
Median88,844,000
Standard Deviation83,174,732
Sample Variance6918T
Range285M
R-Value0.05
Mean Square Error7434.1T
R-Squared0
Significance0.87
Slope865,214
Total Sum of Squares96852.5T

FLEX Other Operating Expenses History

202499.3 M
2023153.9 M
2022147.3 M
2021142.3 M
202088.8 M
201965 M
201848.2 M

About FLEX LNG Financial Statements

FLEX LNG stakeholders use historical fundamental indicators, such as FLEX LNG's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although FLEX LNG investors may analyze each financial statement separately, they are all interrelated. For example, changes in FLEX LNG's assets and liabilities are reflected in the revenues and expenses on FLEX LNG's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in FLEX LNG. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Operating Expenses153.9 M99.3 M

Currently Active Assets on Macroaxis

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 the analysis of FLEX LNG Correlation against competitors.
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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
(0.62)
Dividend Share
3
Earnings Share
1.69
Revenue Per Share
6.741
Quarterly Revenue Growth
(0.04)
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.