FLEX LNG Financials
| FLNG Stock | NOK 249.20 3.60 1.42% |
FLEX |
Understanding current and past FLEX LNG Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of FLEX LNG's financial statements are interrelated, with each one affecting the others. For example, an increase in FLEX LNG's assets may result in an increase in income on the income statement.
FLEX LNG Stock Summary
FLEX LNG competes with BW LPG, Frontline, Golden Ocean, Avance Gas, and Awilco LNG. Flex LNG Ltd., through its subsidiaries, engages in the seaborne transportation of liquefied natural gas worldwide. Flex LNG Ltd. was incorporated in 2006 and is based in Hamilton, Bermuda. FLEX LNG operates under Oil Gas Midstream classification in Norway and is traded on Oslo Stock Exchange. It employs 9 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | BMG359472021 |
| Business Address | Par-La-Ville Place, Hamilton, |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.flexlng.com |
| Phone | 441 295 6935 |
| Currency | NOK - Kroner |
You should never invest in FLEX LNG without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of FLEX Stock, because this is throwing your money away. Analyzing the key information contained in FLEX LNG's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
FLEX LNG Key Financial Ratios
There are many critical financial ratios that FLEX LNG's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that FLEX LNG reports annually and quarterly.| Return On Equity | 0.25 | |||
| Return On Asset | 0.0525 | |||
| Target Price | 353.04 | |||
| Beta | 0.28 | |||
| Z Score | 7.2 |
FLEX Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining FLEX LNG's current stock value. Our valuation model uses many indicators to compare FLEX LNG value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FLEX LNG competition to find correlations between indicators driving FLEX LNG's intrinsic value. More Info.FLEX LNG is one of the top stocks in return on equity category among its peers. It is rated # 4 in return on asset category among its peers reporting about 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for FLEX LNG is roughly 4.70 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the FLEX LNG's earnings, one of the primary drivers of an investment's value.FLEX LNG Systematic Risk
FLEX LNG's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FLEX LNG volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on FLEX LNG correlated with the market. If Beta is less than 0 FLEX LNG generally moves in the opposite direction as compared to the market. If FLEX LNG Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FLEX LNG is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FLEX LNG is generally in the same direction as the market. If Beta > 1 FLEX LNG moves generally in the same direction as, but more than the movement of the benchmark.
FLEX LNG December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of FLEX LNG help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FLEX LNG. We use our internally-developed statistical techniques to arrive at the intrinsic value of FLEX LNG based on widely used predictive technical indicators. In general, we focus on analyzing FLEX Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FLEX LNG's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.92 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 2.35 |
Additional Information and Resources on Investing in FLEX Stock
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 information on how to buy FLEX Stock please use our How to buy in FLEX Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.