Golar LNG Limited Accrued Expenses

Accrued Expenses of GLNG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Accrued Expenses growth rates and interactive chart. Accrued expense is expense which has been incurred but not yet paid. Expense must be recorded in the accounting period in which it is incurred. Therefore, accrued expense must be recognized in the accounting period in which it occurs rather than in the following period in which it will be paid.

Highlights and Quick Summary

  • Accrued Expenses for the quarter ending September 29, 2020 was $85.9 Million (a 6.0% increase compared to previous quarter)
  • Year-over-year quarterly Accrued Expenses decreased by -18.88%
  • Annual Accrued Expenses for 2019 was $81 Million (a -39.17% decrease from previous year)
  • Annual Accrued Expenses for 2018 was $133 Million (a 25.82% increase from previous year)
  • Annual Accrued Expenses for 2017 was $106 Million (a 34.96% increase from previous year)
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Historical Accrued Expenses of Golar LNG Limited

Most recent Accrued Expensesof GLNG including historical data for past 10 years.

Interactive Chart of Accrued Expenses of Golar LNG Limited

Golar LNG Limited Accrued Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $85.91
2019 $81.04 $81.04
2018 $133.23 $133.23
2017 $105.9 $105.9
2016 $78.46 $78.46
2015 $53.33 $53.33
2014 $31.12 $31.12
2013 $22.79 $22.79
2012 $20.41 $20.41
2011 $30.64 $30.64
2010 $22.59 $22.59

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.