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 September 29, 2020 was 0.15 (a -11.58% decrease compared to previous quarter)
  • Year-over-year quarterly Current Ratio decreased by -40.9%
  • Annual Current Ratio for 2020 was 0.25 (a -4.59% decrease from previous year)
  • Annual Current Ratio for 2019 was 0.26 (a -60.42% decrease from previous year)
  • Annual Current Ratio for 2018 was 0.65 (a 123.99% increase from previous year)
Visit stockrow.com/GLNG for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

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
2020 – 0.15 0.17 0.18 0.25
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 0.77 – 0.83

Business Profile of Golar LNG Limited

Sector: Energy
Industry: Oil & Gas Midstream
Golar LNG Limited provides infrastructure for the liquefaction, transportation, regasification, and downstream distribution of LNG. It operates through three segments: Vessel Operations, Floating Liquefaction Natural Gas Vessel (FLNG), and Power. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers, FLNG, and floating storage regasification units (FSRUs); and the development of gas to power projects, as well as LNG distribution operations. As of April 16, 2020, it operated twelve LNG carriers, one FSRU, and two FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
© stockrow.com