EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Flex LNG's Enterprise Value is $2,802.4 Mil.
Flex LNG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $228.8 Mil. Therefore, Flex LNG's EV-to-EBIT for today is 12.25.
The historical rank and industry rank for Flex LNG's EV-to-EBIT or its related term are showing as below:
FLNG'
s EV-to-EBIT Range Over the Past 10 Years
Min: -515.91 Med: 13.59 Max: 125.6
Current: 12.25
During the past 13 years, the highest EV-to-EBIT of Flex LNG was 125.60. The lowest was -515.91. And the median was 13.59.
FLNG's EV-to-EBIT is ranked worse than 69.02% of 736
companies
in the Oil & Gas industry
Industry Median: 8.475
vs FLNG: 12.25
The historical data trend for Flex LNG's EV-to-EBIT 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.
For the Oil & Gas Midstream subindustry, Flex LNG's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Flex LNG's EV-to-EBIT Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Flex LNG's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Flex LNG's EV-to-EBIT falls into.
Flex LNG's current Enterprise Value is $2,802.4 Mil.
Flex LNG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $228.8 Mil.
* 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.
Flex LNG (NYSE:FLNG) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Flex LNG's Enterprise Value for the quarter that ended in Dec. 2023 was $2,963.3 Mil.
Flex LNG's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $228.8 Mil.
* 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.
Flex LNG EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Flex LNG's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with state-of-the-art tonnage offering significant advantages in form of reduced fuel consumption and lowered boil-off rates.
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