Golar LNG Limited Current Ratio

Current Ratio of GLNG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.

Highlights and Quick Summary

  • Current Ratio for the quarter ending March 30, 2021 was 0.35 (a 53.32% increase compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 103.95%
  • Annual Current Ratio for 2020 was 0.23 (a -10.94% decrease from previous year)
  • Annual Current Ratio for 2019 was 0.26 (a -60.48% decrease from previous year)
  • Annual Current Ratio for 2018 was 0.65 (a 124.29% increase from previous year)
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Historical Current Ratio of Golar LNG Limited

Most recent Current Ratioof GLNG including historical data for past 10 years.

Interactive Chart of Current Ratio of Golar LNG Limited

Golar LNG Limited Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 0.35 – – – –
2020 0.23 0.15 0.17 0.18 0.23
2019 0.26 0.4 0.43 0.51 0.26
2018 0.65 0.62 0.62 0.28 0.65
2017 0.29 0.41 0.51 0.57 0.29
2016 0.55 0.48 0.65 0.43 0.55
2015 0.67 1.05 1.96 0.97 0.67
2014 2.04 3.19 2.42 1.33 2.04
2013 2.01 1.69 5.57 6.42 2.01
2012 5.05 0.76 0.52 0.73 5.05
2011 0.41 0.61 0.9 0.78 0.41
2010 0.83 0.73 – – 0.83

Business Profile of Golar LNG Limited

Sector: Energy
Industry: Oil & Gas Midstream
Golar LNG Limited provides infrastructure for the liquefaction, transportation, and regasification of LNG. It operates through Shipping, FLNG, and Power segments. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers, Floating Liquefaction Natural Gas Vessel (FLNG), and floating storage regasification units (FSRUs), as well as operates external vessels. As of April 16, 2021, it operated ten LNG carriers, one FSRU, and two FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
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