Golar LNG Limited Debt/Equity

Debt/Equity of GLNG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Debt/Equity growth rates and interactive chart. The debt-to-equity (D/E) ratio is calculated by dividing a company's total interest-bearing liabilities by its shareholder equity. These numbers are available on the balance sheet of a company's financial statements. The ratio is used to evaluate a company's financial leverage. The debt/equity ratio can be compared to a company's historical average or to peers. A ratio above 1 indicates the company has more debt than equity and a ratio above 3 is considered high. Below 0.5 means the company has little debt and significant capacity to expand it.


Highlights and Quick Summary

  • Debt/Equity for the quarter ending September 29, 2020 was 1.69 (a -1.16% decrease compared to previous quarter)
  • Year-over-year quarterly Debt/Equity increased by 16.95%
  • Annual Debt/Equity for 2020 was 1.46 (a 0.57% increase from previous year)
  • Annual Debt/Equity for 2019 was 1.45 (a 3.08% increase from previous year)
  • Annual Debt/Equity for 2018 was 1.41 (a 4.69% increase from previous year)
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Historical Debt/Equity of Golar LNG Limited

Most recent Debt/Equityof GLNG including historical data for past 10 years.

Interactive Chart of Debt/Equity of Golar LNG Limited

Golar LNG Limited Debt/Equity for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 1.69 1.71 1.58 1.46
2019 1.45 1.51 1.4 1.4 1.45
2018 1.41 1.22 1.48 1.39 1.41
2017 1.34 1.39 1.33 1.2 1.34
2016 1.04 0.62 1.01 1.06 1.04
2015 0.96 0.91 0.82 0.82 0.96
2014 0.61 0.45 0.32 0.44 0.61
2013 0.4 0.22 0.21 0.22 0.4
2012 0.29 1.29 1.74 1.81 0.29
2011 1.55 1.58 1.53 1.97 1.55
2010 2.01 2.62 2.57 2.01

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.