On August 31 2023, SFL CORPORATION ($NYSE:SFL) released their FY2023 Q2 earnings results, with total revenue of USD 164.6 million – a 7.3% year-over-year increase – and net income of USD 16.9 million – a 70.5% decrease compared to the same period last year.
The company opened the day at a stock price of $11.3 and closed the day at the same price, up by 0.1% from the previous closing price. Additionally, the company increased its dividend payout to shareholders by 5%, which was met with appreciation from investors. This is expected to result in further investor confidence in the company and its stock price. Live Quote…
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Sfl Corporation. More…
Income Statement Reports (Yearly/ Quarterly/ LTM)
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sfl Corporation. More…
Cash Flow Statement (Yearly/ Quarterly/ LTM)
Cash Flow Supplement
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sfl Corporation. More…
Balance Sheet (Yearly/ Quarterly)
Balance Sheet Supplement
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Key Ratios Snapshot
Some of the financial key ratios for Sfl Corporation are shown below. More…
Income Statement Ratios
Balance Sheet Ratios
Cash Flow Ratios
Other Supplementary Items
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At GoodWhale, we have conducted an analysis of SFL CORPORATION‘s fundamentals. Based on our Star Chart, SFL CORPORATION is classified as ‘rhino’, which we conclude indicates a company that has achieved moderate revenue or earnings growth. Therefore, investors that are seeking a moderate amount of risk and do not expect to receive high yields may be interested in SFL CORPORATION. Our analysis also reveals that SFL CORPORATION has an intermediate health score of 5/10 with regard to its cashflows and debt, indicating that it might be able to safely ride out any crisis without the risk of bankruptcy. Additionally, SFL CORPORATION is strong in medium dividend, growth, profitability and weak in asset. As such, investors should consider the risks associated with investing in a company with lower assets. More…
Risk Rating Analysis
Star Chart Analysis
SFL Corp Ltd has a strong presence in the market, with a large fleet of vessels and a strong financial position. The company has a good reputation in the industry and is known for its high-quality vessels and reliable operations.
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Investors interested in SFL CORPORATION should take note of the company’s FY2023 Q2 earnings results, released on August 31 2023. Total revenue increased by 7.3% year over year to USD 164.6 million, while net income decreased by 70.5% to USD 16.9 million. This could point to a change in the company’s business strategies, and investors should monitor the firm’s financial performance going forward to ensure they are making a sound investment decision.