Golar LNG (Golar LNG) Equity-to-Asset

: 0.51 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Golar LNG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,067.7 Mil. Golar LNG's Total Assets for the quarter that ended in Dec. 2023 was $4,084.0 Mil. Therefore, Golar LNG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

The historical rank and industry rank for Golar LNG's Equity-to-Asset or its related term are showing as below:

GLNG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.4 Max: 0.58
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Golar LNG was 0.58. The lowest was 0.30. And the median was 0.40.

GLNG's Equity-to-Asset is ranked better than
51.65% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.505 vs GLNG: 0.51

Golar LNG Equity-to-Asset Historical Data

The historical data trend for Golar LNG's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Golar LNG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.32

0.30

0.35

0.58

0.51

Golar LNG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.58	0.54	0.53	0.53	0.51

Competitive Comparison

For the Oil & Gas Midstream subindustry, Golar LNG's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Golar LNG Equity-to-Asset Distribution

For the Oil & Gas industry and Energy sector, Golar LNG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Golar LNG's Equity-to-Asset falls into.

Golar LNG Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Golar LNG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2067.669	/	4083.987
	=	0.51

Golar LNG's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2067.669	/	4083.987
	=	0.51

Golar LNG (NAS:GLNG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Golar LNG Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Golar LNG's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Golar LNG (Golar LNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golar LNG Ltd (NAS:GLNG) » Definitions » Equity-to-Asset

Comparable Companies

INSW KNTK HESM NS TNK DHT VNOM LPG GLP PAGP TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

GLNG:Mexico G2O:Germany G20:Germany G2O:Germany

Address

9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.golarlng.com

Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), Power, and Corporate and other. It generates maximum revenue from the FLNG segment.