Skip to content
To the full analysis

Golar LNG stock: balance sheet and debt

GLNG
$42.97Closing price of 12 Nov 2026MEQIRI Score 48 out of 100

Golar LNG has a debt to equity ratio of 1.33 and an interest coverage of 4.5x.

Daily figure as of 13 Nov 2026

Debt / Equity
1.33
Interest coverage
4.5x
Current ratio
2.55
Cash & equivalents
$1.18B
Total assets
$5.33B
Equity ratio
38.8%
Goodwill
$2.07M
Net debt
$1.58B

Total assets and equity ratio

How large the balance sheet of Golar LNG Limited is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$2.57Bnot reported separatelynot reported separately21.0%$1.83B
2007$2.57Bnot reported separatelynot reported separately22.9%$1.62B
2008$2.36Bnot reported separatelynot reported separately20.9%$1.48B
2009$2.49Bnot reported separatelynot reported separately26.4%$1.47B
2010$2.08Bnot reported separatelynot reported separately28.8%$1.02B
2011$2.23Bnot reported separatelynot reported separately33.9%$1.08B
2012$2.97Bnot reported separatelynot reported separately36.2%$1.13B
2013$2.66Bnot reported separatelynot reported separately67.8%$591.68M
2014$3.83Bnot reported separatelynot reported separately59.6%$1.19B
2015$4.34Bnot reported separatelynot reported separately43.7%$1.8B
2016$4.26Bnot reported separatelynot reported separately44.2%$1.58B
2017$4.76Bnot reported separatelynot reported separately37.7%$2.2B
2018$4.81Bnot reported separatelynot reported separately38.0%$2.35B
2019$4.63Bnot reported separatelynot reported separately37.8%$2.32B
2020$4.31Bnot reported separatelynot reported separately37.8%$2.24B
2021$4.95Bnot reported separatelynot reported separately44.0%$918.18M
2022$4.28Bnot reported separatelynot reported separately67.8%$90.61M
2023$4.08Bnot reported separatelynot reported separately63.7%$544.85M
2024$4.37B$2.35Mnot split out54.2%$892.58M
2025$5.33B$2.07M$2.07M38.8%$1.58B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$56.62M$507.04M$1.89B3.51
2007$226.68M$552.53M$1.85B3.13
2008$116.47M$452.15M$1.6B3.24
2009$162.88M$495.51M$1.64B2.48
2010$186.53M$410.59M$1.21B2.02
2011$94.93M$677.77M$1.18B1.56
2012$491.04M$896.76M$1.62B1.51
2013$125.35M$1.8B$717.03M0.4
2014$191.41M$2.28B$1.38B0.6
2015$105.24M$1.87B$1.91B1.01
2016$224.19M$1.84B$1.8B0.96
2017$214.86M$1.72B$2.41B1.34
2018$217.84M$1.75B$2.57B1.41
2019$222.12M$1.5B$2.55B1.45
2020$127.69M$1.29B$2.37B1.45
2021$716.1M$1.73B$1.63B0.75
2022$1.1B$2.5B$1.19B0.41
2023$679.23M$2.07B$1.22B0.47
2024$566.38M$2.01B$1.46B0.62
2025$1.18B$1.84B$2.76B1.33

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Weak, published since 7 Nov 2026 (in the score history since 3 Nov 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

MEQIRI counts visits without cookies. With your consent we remember for 90 days where you came from, also in your account, count page changes and time on page, recognise your next visit and load the Meta Pixel, which measures our advertising. You can withdraw your consent at any time under Cookie settings. Privacy