Golar LNG Ltd (GLNG) Financials

Golar LNG Ltd (GLNG) is a leading provider of LNG (liquefied natural gas) shipping and midstream services. The company's financials reflect its strong performance and its position in the LNG market. The income statement shows Golar LNG's revenues, expenses, and net income. In the most recent reporting period, Golar LNG recorded total revenues of $401 million, with gross profit of $215 million. The company's EBIT (earnings before interest and taxes) was $125 million, and EBITDA (earnings before interest, taxes, depreciation, and amortization) was $220 million. Net income from stockholders was $68 million, demonstrating the company's ability to generate profits for its investors.

Golar LNG's balance sheet showcases its financial position and liquidity. The company's total assets amount to $4.2 billion, with cash equivalents of $163 million. Golar LNG has a net debt of $2.1 billion, indicating its borrowing activities. However, it maintains a healthy stockholders' equity of $1 billion, ensuring its ability to cover liabilities and sustain growth. Speaking of liabilities, Golar LNG's total debt stands at $3.1 billion, indicating its financing activities. The company's total liabilities amount to $3.2 billion, including long-term debt and other obligations.

Golar LNG's cash flow statement provides insights into the company's cash inflows and outflows. The operating cash flow measures the cash generated from the company's core operational activities. In the latest period, Golar LNG recorded an operating cash flow of $155 million, illustrating its ability to generate cash from its main business. The investing cash flow reflects the company's investments in property, plant, and equipment. Golar LNG reported an investing cash flow of -$145 million, signifying capital expenditures. On the other hand, the financing cash flow measures cash flows resulting from debt and equity financing activities. Golar LNG's financing cash flow in the recent period amounted to -$70 million, representing repayments of debt and dividends paid to stockholders.

Golar LNG's free cash flow is a crucial measure of its financial performance. It indicates the amount of cash a company has available after necessary capital expenditures. With an operating cash flow of $155 million and capital expenditures of -$145 million, Golar LNG's free cash flow was $10 million, demonstrating its ability to generate positive cash flow. This allows the company to invest in growth opportunities or distribute dividends to stockholders. Overall, Golar LNG's financials reflect its strong position in the LNG market, its ability to generate profits, and its robust cash flow, positioning the company for sustained success in the future.