Golar LNG Limited Working Capital

Working Capital of GLNG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Working Capital growth rates and interactive chart. Working capital, also known as net working capital (NWC), is the difference between a company’s current assets, such as cash, accounts receivable (customers’ unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable. Net operating working capital is a measure of a company's liquidity and refers to the difference between operating current assets and operating current liabilities. In many cases these calculations are the same and are derived from company cash plus accounts receivable plus inventories, less accounts payable and less accrued expenses. Working capital is a measure of a company's liquidity, operational efficiency and its short-term financial health. If a company has substantial positive working capital, then it should have the potential to invest and grow. If a company's current assets do not exceed its current liabilities, then it may have trouble growing or paying back creditors, or even go bankrupt.

Highlights and Quick Summary

  • Working Capital for the quarter ending June 29, 2021 was $-595 Million (a -39.1% decrease compared to previous quarter)
  • Year-over-year quarterly Working Capital decreased by -50.75%
  • Annual Working Capital for 2020 was $-910 Million (a -15.19% decrease from previous year)
  • Annual Working Capital for 2019 was $-1.07 Billion (a 206.57% increase from previous year)
  • Annual Working Capital for 2018 was $-350 Million (a -69.8% decrease from previous year)
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Historical Working Capital of Golar LNG Limited

Most recent Working Capitalof GLNG including historical data for past 10 years.

Interactive Chart of Working Capital of Golar LNG Limited

Golar LNG Limited Working Capital for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-595.0 $-977.0
2020 $-910.0 $-1,208.0 $-1,165.0 $-1,191.07 $-910.0
2019 $-1,072.56 $-786.27 $-596.46 $-584.4 $-1,073.0
2018 $-350.2 $-413.16 $-445.02 $-1,135.95 $-350.0
2017 $-1,158.81 $-843.51 $-545.51 $-494.13 $-1,159.0
2016 $-342.91 $-697.14 $-540.79 $-706.05 $-343.0
2015 $-316.08 $18.09 $285.92 $-18.23 $-316.08
2014 $377.23 $306.84 $317.97 $77.11 $377.23
2013 $91.12 $54.24 $205.39 $331.68 $91.12
2012 $352.87 $-55.6 $-122.87 $-63.38 $352.87
2011 $-150.17 $-103.7 $-29.91 $-60.59 $-150.17
2010 $-42.82 $-75.13 $-42.82

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.