Last Price$8.5(2.3%)
Market Cap$1,118.7M
LTM Net Debt
$2,616.9M
YoY Growth
-8.8%
3Y CAGR
+5.2%
5Y CAGR
+2.2%
Stock quality & Intrinsic value
6/10
63.4% overvalued
SFL Corporation Ltd. Net Debt
Annual
Quarterly
LTM
Crunching data... Almost there!
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Debt | $1,449.7M | $1,760.8M | $1,850.6M | $2,191.7M | $2,375.0M | $1,911.9M | $1,835.9M | $1,815.5M | $1,715.0M | $1,601.3M | $1,608.0M | $1,396.7M | $1,494.4M | $1,496.8M | $2,362.2M | $2,447.0M | $1,979.5M | $2,247.3M | $2,480.7M | $2,374.9M |
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SFL Corporation Ltd. (SFL) Net Debt comparison analysis
General
LTM Net Debt
Growth
Company name
YoY growth
3Y CAGR
5Y CAGR
SFL Corporation Ltd.SFL
$2,616.9M
(8.8%)
5.2%
2.2%
Median Peer Set
$909.8M
(13.8%)
(9.3%)
(4.6%)
Capital Product Partners L.P.CPLP
$2,490.1M
64.1%
134.9%
63.0%
Navios Maritime Partners L.P.NMM
$1,750.4M
(10.3%)
(4.3%)
31.8%
Costamare Inc.CMRE
$1,380.2M
(26.4%)
(15.6%)
(0.6%)
Golden Ocean Group LimitedGOGL
$1,287.5M
(10.8%)
0.3%
0.5%
Kirby CorporationKEX
$984.4M
(17.2%)
(9.4%)
(8.6%)
Star Bulk Carriers Corp.SBLK
$835.3M
(16.9%)
(9.3%)
(10.6%)
Matson, Inc.MATX
$482.2M
(33.5%)
(14.7%)
(16.7%)
Global Ship Lease, Inc.GSL
$393.6M
(47.5%)
(26.6%)
(12.8%)
Danaos CorporationDAC
$220.5M
376.0%
(36.7%)
(30.8%)
ZIM Integrated Shipping Services Ltd.ZIM
N/A
N/A
N/A
N/A
SFL key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 492.1 0.0% | 437.5 (11.1%) | 424.7 (2.9%) | 398.8 (6.1%) | 475.7 19.3% | 369.9 (22.2%) | 336.2 (9.1%) | 295.1 (12.2%) | 319.7 8.3% | 270.9 (15.3%) | 327.5 20.9% | 406.7 24.2% | 413.0 1.5% | 380.9 (7.8%) | 418.7 9.9% | 458.8 9.6% | 471.0 2.7% | 513.4 9.0% | 670.4 30.6% | 744.3 11.0% |
| Cost of Goods Sold (COGS) | 106.5 | 113.8 | 119.7 | 107.2 | 100.4 | 91.5 | 81.0 | 81.1 | 150.5 | 164.0 | 186.9 | 198.9 | 230.3 | 219.9 | 232.6 | 250.8 | 266.9 | 295.1 | 393.0 | 507.8 |
% margin | 385.6 78.4% | 323.7 74.0% | 305.0 71.8% | 291.6 73.1% | 375.3 78.9% | 278.4 75.3% | 255.1 75.9% | 214.1 72.5% | 169.2 52.9% | 106.9 39.5% | 140.6 42.9% | 207.8 51.1% | 182.6 44.2% | 160.9 42.3% | 186.1 44.4% | 208.0 45.3% | 204.1 43.3% | 218.3 42.5% | 277.4 41.4% | 236.5 31.8% |
| Operating Expenses | 144.9 | 136.8 | 140.8 | 135.6 | 37.9 | 42.4 | 43.3 | 59.8 | 8.9 | 7.5 | 7.6 | 6.7 | 9.1 | 7.4 | 9.2 | 10.2 | 11.4 | 13.0 | 15.2 | 15.1 |
| Research & Development Expenses (R&D) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, General & Administrative Expenses (SG&A) | 3.8 | 2.4 | 6.6 | 7.8 | 9.8 | 12.2 | 9.1 | 9.9 | 8.9 | 7.5 | 7.6 | 6.7 | 9.1 | 7.4 | 9.2 | 10.2 | 11.4 | 13.0 | 15.2 | 15.6 |
% margin | 347.2 70.6% | 300.7 68.7% | 293.7 69.2% | 304.9 76.5% | 337.4 70.9% | 209.3 56.6% | 211.8 63.0% | 162.7 55.1% | 207.6 64.9% | 117.4 43.3% | 145.1 44.3% | 166.0 40.8% | 168.1 40.7% | 154.6 40.6% | 117.6 28.1% | 226.9 49.4% | 201.4 42.7% | 242.8 47.3% | 275.5 41.1% | 240.2 32.3% |
| Interest Income | 0.0 | 0.0 | 0.0 | 6.8 | 3.5 | 0.2 | 21.1 | 1.6 | 27.2 | 30.1 | 40.5 | 39.1 | 21.7 | 19.3 | 18.0 | 20.1 | 13.4 | 7.5 | 24.8 | 19.2 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 130.4 | 127.2 | 117.1 | 101.4 | 96.2 | 89.0 | 75.9 | 74.8 | 59.0 | 60.9 | 81.4 | 103.7 | 137.0 | 126.4 | 90.4 | 110.1 | 164.9 |
| Pre-tax Income | 240.7 | 186.8 | 164.5 | 157.0 | 282.5 | 309.4 | 165.7 | 131.2 | 185.8 | 89.2 | 122.8 | 200.8 | 146.4 | 101.2 | 73.6 | 89.2 | (224.4) | 164.3 | 202.8 | 87.3 |
% effective tax rate | (30.9) (12.8%) | (40.2) (21.5%) | (22.6) (13.7%) | (37.9) (24.2%) | 155.8 55.1% | 43.4 14.0% | 46.1 27.8% | 101.4 77.3% | 37.3 20.1% | 53.8 60.3% | 71.5 58.3% | 59.8 29.8% | 21.7 14.8% | 53.4 52.8% | 133.1 180.8% | 145.9 163.7% | 121.6 (54.2%) | 87.9 53.5% | 72.7 35.9% | 3.3 3.8% |
% margin | 262.7 53.4% | 209.5 47.9% | 180.8 42.6% | 167.7 42.1% | 181.6 38.2% | 192.6 52.1% | 165.7 49.3% | 131.2 44.4% | 185.8 58.1% | 89.2 32.9% | 122.8 37.5% | 200.8 49.4% | 146.4 35.5% | 101.2 26.6% | 73.6 17.6% | (56.8) (12.4%) | (346.1) (73.5%) | 76.5 14.9% | 130.1 19.4% | 83.9 11.3% |
| EPS | 3.52 | 2.84 | 2.48 | 2.31 | 2.50 | 2.59 | 2.10 | 1.66 | 2.31 | 1.00 | 1.32 | 2.15 | 1.57 | 1.06 | 0.70 | (0.53) | (3.18) | 0.63 | 1.03 | 0.66 |
| Diluted EPS | 3.52 | 2.84 | 2.48 | 2.30 | 2.50 | 2.59 | 2.10 | 1.66 | 2.31 | 0.99 | 1.32 | 2.15 | 1.57 | 1.06 | 0.70 | (0.53) | (3.18) | 0.55 | 0.95 | 0.66 |
% margin | 381.8 77.6% | 341.4 78.0% | 308.9 72.7% | 328.9 82.5% | 369.2 77.6% | 339.9 91.9% | 270.3 80.4% | 259.5 87.9% | 312.1 97.6% | 157.8 58.3% | 244.0 74.5% | 279.2 68.6% | 267.9 64.9% | 241.7 63.4% | 281.0 67.1% | 314.2 68.5% | 18.0 3.8% | 343.7 66.9% | 507.9 75.8% | 468.3 62.9% |
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FAQ
1) What is SFL Corporation Ltd.'s Net Debt?
As of today, SFL Corporation Ltd.'s last 12-month Net Debt is $2,616.9M, based on the financial report for Sep 30, 2024 (Q3’2024).
2) What is SFL Corporation Ltd.'s Net Debt growth rate?
Over the last year, SFL Corporation Ltd.'s Net Debt growth was (8.8%). The average annual Net Debt growth rates for SFL Corporation Ltd. have been 11.1% over the past three years, 2.2% over the past five years.
3) Is SFL Corporation Ltd.'s Net Debt growth rate Good?
Over the last year, SFL Corporation Ltd.'s Net Debt growth was (8.8%), which is lower than industry growth of 0.2%. It indicates that SFL Corporation Ltd.'s Net Debt growth is Good.