SFL Financial Statements From 2010 to 2026

SFL Stock  USD 10.74  0.26  2.48%   
SFL's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing SFL's valuation are provided below:
Gross Profit
418 M
Profit Margin
(0.04)
Market Capitalization
1.4 B
Enterprise Value Revenue
5.2509
Revenue
719.8 M
There are over one hundred nineteen available fundamental trend indicators for SFL Corporation, which can be analyzed over time and compared to other ratios. We recommend to double-check SFL's current fundamental drivers against the all of the trends between 2010 and 2026. Market Cap is expected to rise to about 1.1 B this year, although Enterprise Value will most likely fall to about 2.6 B.

SFL Total Revenue

513.5 Million

Check SFL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SFL's main balance sheet or income statement drivers, such as Depreciation And Amortization of 255.6 M, Interest Expense of 96.2 M or Total Revenue of 513.5 M, as well as many indicators such as Price To Sales Ratio of 1.37, Dividend Yield of 0.08 or PTB Ratio of 1.66. SFL financial statements analysis is a perfect complement when working with SFL Valuation or Volatility modules.
  
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Check out the analysis of SFL Correlation against competitors.

SFL Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.4 B3.6 B3.3 B
Slightly volatile
Total Stockholder Equity983.8 M960.9 MB
Pretty Stable
Property Plant And Equipment NetB3.3 B2.4 B
Slightly volatile
Cash108.1 M150.8 M123.3 M
Slightly volatile
Non Current Assets TotalB3.4 BB
Slightly volatile
Cash And Short Term Investments157 M155 M173.1 M
Slightly volatile
Common Stock Shares Outstanding104 M133.1 M105.8 M
Slightly volatile
Liabilities And Stockholders Equity3.4 B3.6 B3.3 B
Slightly volatile
Other Stockholder Equity905.8 M960.9 M936.9 M
Slightly volatile
Total Liabilities2.4 B2.7 B2.3 B
Slightly volatile
Property Plant And Equipment Gross2.2 B3.3 B2.6 B
Slightly volatile
Total Current Assets298.7 M259.2 M290.9 M
Slightly volatile
Short and Long Term Debt Total2.3 B2.6 B2.2 B
Slightly volatile
Other Current Liabilities109.6 M104.4 M44.6 M
Slightly volatile
Total Current Liabilities456.3 M710.3 M486.4 M
Slightly volatile
Other Liabilities8.8 M9.3 M78.3 M
Slightly volatile
Current Deferred Revenue13.5 M21.3 M13.7 M
Slightly volatile
Accounts Payable41.4 M39.5 M10.4 M
Slightly volatile
Long Term Debt1.7 BB1.5 B
Slightly volatile
Net Receivables6.6 M6.9 M45.8 M
Slightly volatile
Non Current Liabilities Total1.9 BB1.8 B
Slightly volatile
Inventory9.5 M15.6 M9.4 M
Slightly volatile
Other Current Assets49.8 M97.3 M53.3 M
Very volatile
Short Term Debt400.4 M605.9 M430.4 M
Slightly volatile
Property Plant Equipment1.8 B3.3 B2.2 B
Slightly volatile
Short Term Investments3.9 M4.1 M85.3 M
Slightly volatile
Common StockB960.9 M191 M
Pretty Stable
Common Stock Total Equity1.1 M1.2 M31.3 M
Slightly volatile
Deferred Long Term Liabilities31.4 M33.3 M37.5 M
Slightly volatile
Long Term Investments15 M15.8 M187.8 M
Pretty Stable
Short and Long Term Debt408.4 M605.9 M731.9 M
Slightly volatile
Net Tangible Assets878.2 M982.1 M1.1 B
Slightly volatile
Long Term Debt TotalBB1.7 B
Slightly volatile
Capital Surpluse1.1 B1.3 BB
Slightly volatile
Non Current Liabilities Other7.9 M6.4 M4.7 M
Slightly volatile
Cash And Equivalents178.9 M150.8 M128.2 M
Slightly volatile
Net Invested CapitalB2.6 B2.7 B
Pretty Stable
Capital Stock1.5 M1.7 M1.3 M
Slightly volatile

SFL Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue513.5 M719.8 M481.7 M
Slightly volatile
Gross Profit216.8 M418 M232.1 M
Pretty Stable
Other Operating Expenses319 M583.1 M312.4 M
Slightly volatile
EBITDA342.4 M421.4 M310.7 M
Slightly volatile
Extraordinary Items19.6 M22 M24 M
Slightly volatile
Income Tax Expense1.8 M1.9 M58.6 M
Pretty Stable
Cost Of Revenue234.2 M301.8 M259.4 M
Slightly volatile
Selling General Administrative11.1 M18.3 M10.9 M
Slightly volatile
Non Recurring4.5 M4.8 M9.3 M
Slightly volatile
Interest Income23.9 M14.8 M37.5 M
Slightly volatile
Reconciled Depreciation179.3 M243.4 M133.1 M
Slightly volatile
Selling And Marketing Expenses366.4 K412.2 K449.9 K
Slightly volatile

SFL Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Cash From Operating Activities253.1 M290.1 M242.8 M
Slightly volatile
End Period Cash Flow108.4 M150.8 M123.7 M
Slightly volatile
Begin Period Cash Flow106.7 M134.6 M120.7 M
Slightly volatile
Depreciation255.6 M243.4 M135.1 M
Slightly volatile
Stock Based Compensation983 K1.8 M909 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.371.44392.7593
Slightly volatile
Dividend Yield0.080.12040.1061
Very volatile
PTB Ratio1.661.08161.2246
Pretty Stable
Days Sales Outstanding3.343.519933.9653
Pretty Stable
Book Value Per Share7.727.221110.021
Slightly volatile
Operating Cash Flow Per Share2.752.18052.3434
Pretty Stable
Stock Based Compensation To Revenue0.0010.00110.0014
Slightly volatile
Capex To Depreciation0.280.28953.0669
Slightly volatile
PB Ratio1.661.08161.2246
Pretty Stable
EV To Sales8.04.80017.1913
Slightly volatile
Inventory Turnover36.638.5334.71
Pretty Stable
Days Of Inventory On Hand11.912.5312.4113
Very volatile
Payables Turnover18.5519.53114
Pretty Stable
Sales General And Administrative To Revenue0.02590.02550.0242
Pretty Stable
Capex To Revenue0.0930.09790.7461
Pretty Stable
Cash Per Share1.21.16471.6502
Very volatile
POCF Ratio7.073.58186.0676
Slightly volatile
Capex To Operating Cash Flow0.230.24291.5705
Slightly volatile
Days Payables Outstanding20.3119.358.0791
Slightly volatile
EV To Operating Cash Flow17.4411.907515.1307
Slightly volatile
Current Ratio0.350.36490.7906
Slightly volatile
Tangible Book Value Per Share7.727.221110.021
Slightly volatile
Receivables Turnover10910425.1554
Slightly volatile
Shareholders Equity Per Share7.727.221110.021
Slightly volatile
Debt To Equity2.682.6712.1832
Slightly volatile
Capex Per Share0.50.52973.2219
Pretty Stable
Revenue Per Share5.585.40914.611
Slightly volatile
Interest Debt Per Share25.6419.287621.8231
Pretty Stable
Debt To Assets0.740.70540.6524
Slightly volatile
Enterprise Value Over EBITDA11.748.198716.9587
Very volatile
Graham Number21.4216.1917.8782
Slightly volatile
Short Term Coverage Ratios0.960.47880.7257
Very volatile
Operating Cycle3.343.519943.4263
Pretty Stable
Price Book Value Ratio1.661.08161.2246
Pretty Stable
Days Of Payables Outstanding20.3119.358.0791
Slightly volatile
Price To Operating Cash Flows Ratio7.073.58186.0676
Slightly volatile
Company Equity Multiplier3.943.78633.2954
Slightly volatile
Long Term Debt To Capitalization0.690.67110.5945
Pretty Stable
Total Debt To Capitalization0.760.72760.6764
Slightly volatile
Debt Equity Ratio2.682.6712.1832
Slightly volatile
Quick Ratio0.350.36490.7736
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.561.48340.6542
Slightly volatile
Net Income Per E B T0.711.07670.9112
Slightly volatile
Cash Ratio0.230.21230.295
Very volatile
Cash Conversion Cycle3.343.519938.1145
Pretty Stable
Operating Cash Flow Sales Ratio0.390.40310.5037
Pretty Stable
Days Of Inventory Outstanding11.912.5312.4113
Very volatile
Days Of Sales Outstanding3.343.519933.9653
Pretty Stable
Cash Flow Coverage Ratios0.120.11310.1069
Slightly volatile
Price To Book Ratio1.661.08161.2246
Pretty Stable
Fixed Asset Turnover0.210.21790.1983
Very volatile
Capital Expenditure Coverage Ratio2.194.11661.1646
Slightly volatile
Price Cash Flow Ratio7.073.58186.0676
Slightly volatile
Enterprise Value Multiple11.748.198716.9587
Very volatile
Debt Ratio0.740.70540.6524
Slightly volatile
Cash Flow To Debt Ratio0.120.11310.1069
Slightly volatile
Price Sales Ratio1.371.44392.7593
Slightly volatile
Asset Turnover0.180.19780.148
Slightly volatile
Gross Profit Margin0.620.58070.4864
Slightly volatile
Price Fair Value1.661.08161.2246
Pretty Stable

SFL Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.1 B935.3 M1.3 B
Pretty Stable
Enterprise Value2.6 B3.1 B3.3 B
Slightly volatile

SFL Fundamental Market Drivers

Forward Price Earnings147.0588
Cash And Short Term Investments155 M

SFL Upcoming Events

21st of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About SFL Financial Statements

SFL investors utilize fundamental indicators, such as revenue or net income, to predict how SFL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue21.3 M13.5 M
Total Revenue719.8 M513.5 M
Cost Of Revenue301.8 M234.2 M
Sales General And Administrative To Revenue 0.03  0.03 
Capex To Revenue 0.10  0.09 
Revenue Per Share 5.41  5.58 
Ebit Per Revenue 0.19  0.18 

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When determining whether SFL Corporation is a strong investment it is important to analyze SFL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SFL's future performance. For an informed investment choice regarding SFL Stock, refer to the following important reports:
Check out the analysis of SFL Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SFL. If investors know SFL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive SFL assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.81)
Dividend Share
0.87
Earnings Share
(0.20)
Revenue Per Share
5.409
Quarterly Revenue Growth
(0.24)
Investors evaluate SFL Corporation using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating SFL's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause SFL's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, SFL's market price signifies the transaction level at which participants voluntarily complete trades.