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Flex LNG (OSTO:FLNGO) Tax Rate % : 0.10% (As of Sep. 2024)


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What is Flex LNG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Flex LNG's Tax Expense for the three months ended in Sep. 2024 was kr0 Mil. Flex LNG's Pre-Tax Income for the three months ended in Sep. 2024 was kr185 Mil. Therefore, Flex LNG's Tax Rate % for the quarter that ended in Sep. 2024 was 0.10%.

Flex LNG Tax Rate % Historical Data

The historical data trend for Flex LNG's Tax Rate % 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.

Flex LNG Tax Rate % Chart

Flex LNG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.03 0.06 0.05 0.06

Flex LNG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.02 -0.06 0.33 0.10

Flex LNG Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Flex LNG's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0.823/1267.162
=0.06 %

Flex LNG's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.191/185.109
=0.10 %

* 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 Tax Rate % Related Terms

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Flex LNG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flex LNG Ltd (OSTO:FLNGo) » Definitions » Tax Rate %
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Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08
Website
https://www.flexlng.com
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.

Flex LNG Headlines

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