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Sfl Corporation Ltd   (SFL)
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Sfl Ltd 's Working Capital Ratio

SFL's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 0.31 below Sfl Ltd 's average Working Capital Ratio.

Within Marine Transportation industry 23 other companies have achieved higher Working Capital Ratio than Sfl Ltd in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 2762, from total ranking in the third quarter 2023 at 4505.

Explain Working Capital Ratio
How much in Current Assets SFL´s has?
What is the value of SFL´s Current Liabilities?


SFL Working Capital Ratio (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -8.27 % -8.27 % -8.27 % -8.27 % 163.94 %
Y / Y Current Assets Change 0.36 % 0.36 % 0.36 % 0.36 % 18.64 %
Working Capital Ratio MRQ 0.31 0.31 0.31 0.31 0.28
SFL's Total Ranking # 2762 # 4505 # 4752 # 5005 # 5592
Seq. Current Liabilities Change 0 % 0 % 0 % -8.27 % 0 %
Seq. Current Assets Change 0 % 0 % 0 % 0.36 % 0 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Marine Transportation Industry # 24
Transportation Sector # 60
Overall Market # 2760


Working Capital Ratio Statistics
High Average Low
2.44 0.93 0.28
(Jun 30 2016)   (Dec 31 2022)




Financial Statements
Sfl Ltd 's Current Liabilities $ 969 Millions Visit SFL's Balance sheet
Sfl Ltd 's Current Assets $ 298 Millions Visit SFL's Balance sheet
Source of SFL's Sales Visit SFL's Sales by Geography


Cumulative Sfl Ltd 's Working Capital Ratio

SFL's Working Capital Ratio for the trailling 12 Months

SFL Working Capital Ratio

(Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -8.27 % -8.27 % -8.27 % -8.27 % 163.94 %
Y / Y Current Assets TTM Growth 0.36 % 0.36 % 0.36 % 0.36 % 18.64 %
Working Capital Ratio TTM 0.31 0.3 0.29 0.29 0.28
Total Ranking TTM # 2005 # 0 # 0 # 0 # 4971
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % -8.27 % 0 %
Seq. Current Assets TTM Growth 0 % 0 % 0 % 0.36 % 0 %


On the trailing twelve months basis SFL Current Assets improved by 0.36 % in IV Quarter 2023 year on year, while Current Liabilities remained unchanged to $969 millions, this led to increase in in Sfl Ltd 's Working Capital Ratio to 0.31, Working Capital Ratio remained below SFL average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Marine Transportation industry 12 other companies have achieved higher Working Capital Ratio than Sfl Ltd . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 0 to 2005.

Explain Working Capital Ratio
How much in Current Assets SFL´s has?
What is the value of SFL´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Marine Transportation Industry # 13
Transportation Sector # 45
Within the Market # 2005


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.57 0.77 0.28
(Dec 31 2015)   (Dec 31 2022)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Marine Transportation Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Torm Plc  0.78 $ 691.290  Millions$ 886.897  Millions
Overseas Shipholding Group Inc   0.68 $ 114.588  Millions$ 169.488  Millions
Atlas Corp   0.63 $ 682.400  Millions$ 1,083.800  Millions
Scorpio Tankers Inc   0.61 $ 577.080  Millions$ 939.188  Millions
Dht Holdings Inc   0.50 $ 200.498  Millions$ 398.425  Millions
Sfl Corporation Ltd   0.31 $ 298.059  Millions$ 969.195  Millions

Date modified: 2024-03-15T06:24:53+00:00



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