SFL Financials
| SFL Stock | USD 13.41 0.17 1.28% |
With this module, you can analyze SFL financials for your investing period. You should be able to track the changes in SFL individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
SFL |
Understanding current and past SFL Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SFL's financial statements are interrelated, with each one affecting the others. For example, an increase in SFL's assets may result in an increase in income on the income statement.
The data published in SFL's official financial statements usually reflect SFL's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of SFL Corporation. For example, before you start analyzing numbers published by SFL accountants, it's critical to develop an understanding of what SFL's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of SFL's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SFL's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in SFL's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SFL Corporation. Please utilize our Beneish M Score to check the likelihood of SFL's management manipulating its earnings.
SFL Stock Summary
SFL competes with Danaos, Global Ship, Capital Product, Euroseas, and Navios Maritime. SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. SFL Corporation Ltd. was incorporated in 2003 and is based in Hamilton, Bermuda. Ship Finance operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 18 people.Specialization | Industrials, Marine Shipping |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | BMG7738W1064 |
| CUSIP | G81075106 G7738W106 |
| Location | Bermuda |
| Business Address | Par-la-Ville Place, Hamilton, |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | NYSE Composite |
| Website | www.sflcorp.com |
| Phone | 441 295 9500 |
| Currency | USD - US Dollar |
You should never invest in SFL without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SFL Stock, because this is throwing your money away. Analyzing the key information contained in SFL's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
SFL Key Financial Ratios
Generally speaking, SFL's financial ratios allow both analysts and investors to convert raw data from SFL's financial statements into concise, actionable information that can be used to evaluate the performance of SFL over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that SFL Corporation reports annually and quarterly.| Return On Equity | 0.0788 | ||||
| Return On Asset | 0.0377 | ||||
| Target Price | 12.83 |
SFL Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SFL's current stock value. Our valuation model uses many indicators to compare SFL value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SFL competition to find correlations between indicators driving SFL's intrinsic value. More Info.SFL Corporation is rated second in return on equity category among related companies. It is rated fourth in return on asset category among related companies reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SFL Corporation is roughly 2.09 . Comparative valuation analysis is a catch-all model that can be used if you cannot value SFL by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SFL's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SFL's earnings, one of the primary drivers of an investment's value.SFL Corporation Systematic Risk
SFL's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SFL volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifteen with a total number of output elements of fourty-six. The Beta measures systematic risk based on how returns on SFL Corporation correlated with the market. If Beta is less than 0 SFL generally moves in the opposite direction as compared to the market. If SFL Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SFL Corporation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SFL is generally in the same direction as the market. If Beta > 1 SFL moves generally in the same direction as, but more than the movement of the benchmark.
About SFL Financials
What exactly are SFL Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include SFL's income statement, its balance sheet, and the statement of cash flows. Potential SFL investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although SFL investors may use each financial statement separately, they are all related. The changes in SFL's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SFL's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze SFL Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as SFL is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of SFL has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if SFL's financials are consistent with your investment objective using the following steps:- Review SFL's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand SFL's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare SFL's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if SFL's stock is overvalued or undervalued.
SFL Thematic Clasifications
SFL Corporation is part of several thematic ideas from Heavy Metals to Aluminum. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasSFL April 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SFL help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SFL Corporation. We use our internally-developed statistical techniques to arrive at the intrinsic value of SFL Corporation based on widely used predictive technical indicators. In general, we focus on analyzing SFL Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SFL's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.0994 | |||
| Maximum Drawdown | 9.43 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.99 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the SFL Corporation information on this page should be used as a complementary analysis to other SFL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for SFL Stock analysis
When running SFL's price analysis, check to measure SFL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SFL is operating at the current time. Most of SFL's value examination focuses on studying past and present price action to predict the probability of SFL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SFL's price. Additionally, you may evaluate how the addition of SFL to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is SFL's industry 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. All the valuation information about SFL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SFL's market value can be influenced by many factors that don't directly affect SFL's underlying business (such as a pandemic or basic market pessimism), market value can vary widely 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. However, SFL's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.