SFL Corporation Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has SFL Corporation Ltd.'s balance sheet done over the years? Its assets were worth $3,731,389,000 last year, which is less than in the previous period. 72% of SFL Corporation Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $2,691,992,000, which means an decrease by -3% compared compared to last year.
Debt to Assets
| 2014 | 3041554000 | 1.88B | 62.08% |
|---|---|---|---|
| 2015 | 3064825000 | 1.82B | 59.48% |
| 2016 | 2937377000 | 1.80B | 61.39% |
| 2017 | 3012082000 | 1.81B | 60.33% |
| 2018 | 3877845000 | 2.69B | 69.57% |
| 2019 | 3885370000 | 2.77B | 71.52% |
| 2020 | 3093211000 | 2.29B | 74.28% |
| 2021 | 3459297000 | 2.47B | 71.6% |
| 2022 | 3861330000 | 2.77B | 71.74% |
| 2023 | 3731389000 | 2.69B | 72.14% |
SFL Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 165.49M | 188.36M | 145.62M | 215.44M | 199.52M | 211.39M | 153.05M | 62.38M | 70.17M | 50.81M |
Short term investments | 25.74M | 7.28M | 21.21M | 28.80M | 74.07M | 87.17M | 93.80M | 118.48M | 199.59M | 73.65M |
Net receivables | 73.98M | 19.82M | 32.04M | 63.13M | 78.58M | 41.77M | 9.62M | 17.51M | 47.71M | 155.74M |
Inventory | 11.72M | 16.39M | 10.12M | 8.80M | 7.93M | 8.54M | 5.12M | 5.08M | 5.05M | 6.92M |
Other current assets | 17.16M | 81.51M | 43.10M | 40.09M | 34.80M | 72.24M | 43.39M | 80.03M | 53.37M | 53.08M |
Total current assets | 298.05M | 296.98M | 250.31M | 356.43M | 390.48M | 413.57M | 317.69M | 278.42M | 375.91M | 340.22M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 3.23B | 3.35B | 2.94B | 1.93B | 2.11B | 3.07B | 2.34B | 2.29B | 2.15B | 2.17B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 110.18M | 16.54M | 16.63M | 27.29M | 42.16M | 25.10M | 10.67M | 130K | 84.61M | 53.45M |
Other non-current assets | 92.76M | 188.78M | 248.59M | 771.4M | 1.33B | 367.20M | 335.13M | 364.38M | 448.52M | 474.15M |
Total non-current assets | 3.43B | 3.56B | 3.20B | 2.73B | 3.49B | 3.46B | 2.69B | 2.65B | 2.68B | 2.70B |
Total assets | 3.73B | 3.86B | 3.45B | 3.09B | 3.88B | 3.87B | 3.01B | 2.93B | 3.06B | 3.04B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 57K | 27.19M | 21.50M | 15.15M | 10M | 7.56M | 3.93M | 4.32M | 5.54M | 7.98M |
Short term debt | 852.25M | 974.92M | 353.97M | 533.84M | 321.93M | 334.94M | 322.85M | 174.9M | 208.03M | 182.41M |
Total current liabilities | 969.19M | 1.05B | 400.31M | 576.53M | 365.83M | 404.12M | 343.74M | 238.97M | 238.96M | 213.75M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.71B | 1.69B | 2.05B | 1.68B | 2.39B | 2.27B | 1.42B | 1.37B | 1.45B | 1.55B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 8.96M | 14.36M | 17.21M | 32.71M | 20.58M | 1.94B | 52.58M | 186.33M | 93.33M | 124.26M |
Total non-current liabilities | 1.72B | 1.71B | 2.07B | 1.72B | 2.41B | 2.29B | 1.47B | 1.56B | 1.58B | 1.67B |
Total liabilities | 2.69B | 2.77B | 2.47B | 2.29B | 2.77B | 2.69B | 1.81B | 1.80B | 1.82B | 1.88B |
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