What is the Return on Assets (ROA) of Golar LNG this year?
The Return on Assets (ROA) of Golar LNG is -0.01 undefined this year.
Golar LNG ROA 2024
Golar LNG ROA
-0.01
Ticker
GLNG
ISIN
BMG9456A1009
WKN
677102
In 2024, Golar LNG's return on assets (ROA) was -0.01, a -106.22% increase from the 0.18 ROA in the previous year.
Golar LNG Aktienanalyse
What does Golar LNG do?
The company Golar LNG Ltd is a Bermuda-based company specializing in the transport and liquefaction of natural gas. The company was founded in 1949 under the name Gotaas-Larsen Shipping Corporation. Since 2001, the company has focused exclusively on the liquefied natural gas (LNG) sector. Golar LNG has built an impressive fleet of LNG tankers over the years, allowing the company to transport natural gas over long distances by sea. The fleet consists of 16 modern LNG carriers that typically have long-term charter contracts with gas industry customers. In addition to transporting liquefied natural gas, Golar LNG also has a subsidiary specializing in the liquefaction of natural gas. The subsidiary, Golar LNG Partners, operates LNG production facilities. Golar LNG's business model is focused on long-term contracts and stable cash flows. The company works closely with its customers to ensure their transportation needs are met. The company also aims to focus on providing turnkey solutions for customers in need of secure transportation of liquefied natural gas. In recent years, Golar LNG has been focusing on developing alternative LNG delivery options for customers. For example, the company has introduced a conversion service for oil tankers, allowing customers to convert their existing tankers into LNG carriers. This solution is cost-effective for customers who do not have their own LNG transportation. Another strategy for diversification is collaborating with other fleet operators for joint operation of LNG tankers. This model aims to reduce customer obligations by sharing running times and costs. Golar LNG has also entered into a joint venture in the LNG fuel industry with Total and other partners, intending to promote renewable liquefied natural gas as a fuel for maritime transport. For this purpose, 20 LNG tankers fueled by liquefied biogas will be deployed. Overall, Golar LNG is a leading company in the LNG industry with a strong focus on customer service and long-term relationships. The company has an impressive fleet of LNG tankers, a liquefaction facility, and is continuously developing new solutions for business diversification. Answer: Golar LNG Ltd specializes in LNG transport and liquefaction, operating a fleet of LNG tankers and a liquefaction subsidiary. The company focuses on long-term contracts and customer satisfaction, offering turnkey solutions for secure LNG transportation. They also diversify their business through alternative delivery options and joint operations with other fleet operators. Golar LNG has entered a joint venture for renewable LNG fuel and plans to deploy 20 LNG tankers fueled by liquefied biogas in the maritime sector. Golar LNG ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Golar LNG's Return on Assets (ROA)
Golar LNG's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Golar LNG's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Golar LNG's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Golar LNG’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Golar LNG stock
What was the ROA of Golar LNG compared to the previous year?
The ROA of Golar LNG has increased by -106.22% compared to the previous year.
What consequences do high ROA have for investors of Golar LNG?
A high ROA is advantageous for investors of Golar LNG, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Golar LNG?
A low ROA can be unfavorable for investors of Golar LNG as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Golar LNG affect the company?
An increase in ROA of Golar LNG can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Golar LNG impact the company?
A reduction in the ROA of Golar LNG can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Golar LNG?
Some factors that can influence the ROA of Golar LNG include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Golar LNG important for investors?
The ROA of Golar LNG is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Golar LNG take to improve ROA?
To improve ROA, Golar LNG can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Golar LNG pay?
Over the past 12 months, Golar LNG paid a dividend of 0.75 USD . This corresponds to a dividend yield of about 2.32 %. For the coming 12 months, Golar LNG is expected to pay a dividend of 0.79 USD.
What is the dividend yield of Golar LNG?
The current dividend yield of Golar LNG is 2.32 %.
When does Golar LNG pay dividends?
Golar LNG pays a quarterly dividend. This is distributed in the months of September, December, April, July.
How secure is the dividend of Golar LNG?
Golar LNG paid dividends every year for the past 4 years.
What is the dividend of Golar LNG?
For the upcoming 12 months, dividends amounting to 0.79 USD are expected. This corresponds to a dividend yield of 2.45 %.
In which sector is Golar LNG located?
Golar LNG is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Golar LNG kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Golar LNG from 6/17/2024 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 6/10/2024.
When did Golar LNG pay the last dividend?
The last dividend was paid out on 6/17/2024.
What was the dividend of Golar LNG in the year 2023?
In the year 2023, Golar LNG distributed 0 USD as dividends.
In which currency does Golar LNG pay out the dividend?
The dividends of Golar LNG are distributed in USD.
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Andere Kennzahlen von Golar LNG
Our stock analysis for Golar LNG Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Golar LNG Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
