Financial Snapshot

Revenue
$533.4M
TTM
Gross Margin
78.04%
TTM
Net Earnings
$250.1M
TTM
Current Assets
$125.1M
Q1 2024
Current Liabilities
$280.3M
Q1 2024
Current Ratio
44.63%
Q1 2024
Total Assets
$2.046B
Q1 2024
Total Liabilities
$1.295B
Q1 2024
Book Value
$751.2M
Q1 2024
Cash
$105.8M
Q1 2024
P/E
25.92
Nov 29, 2024 EST
Free Cash Flow
-$40.13M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $379.0M $190.7M $171.9M $172.6M
YoY Change 98.75% 10.92% -0.37%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $379.0M $190.7M $171.9M $172.6M
Cost Of Revenue $77.32M $42.10M $48.80M $56.50M
Gross Profit $284.1M $148.6M $123.2M $116.0M
Gross Profit Margin 74.95% 77.92% 71.66% 67.22%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $24.17M $14.00M $17.70M $14.40M
YoY Change 72.66% -20.9% 22.92%
% of Gross Profit 8.51% 9.42% 14.37% 12.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $74.10M $45.90M $43.40M $44.30M
YoY Change 61.44% 5.76% -2.03%
% of Gross Profit 26.09% 30.89% 35.23% 38.19%
Operating Expenses $83.17M $37.70M $56.10M $55.50M
YoY Change 120.62% -32.8% 1.08%
Operating Profit $200.9M $110.9M $67.05M $60.52M
YoY Change 81.15% 65.4% 10.8%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $80.19M -$21.00M $18.09M $26.95M
YoY Change -481.86% -216.11% -32.89%
% of Operating Profit 39.92% -18.94% 26.98% 44.54%
Other Income/Expense, Net $42.55M -$2.300M -$300.0K -$900.0K
YoY Change -1949.96% 666.67% -66.67%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income $176.9M $87.60M $48.59M $32.74M
YoY Change 101.96% 80.28% 48.43%
Income Tax $556.0K $100.0K $222.0K $353.0K
% Of Pretax Income 0.31% 0.11% 0.46% 1.08%
Net Earnings $174.7M $85.70M $15.87M -$1.410M
YoY Change 103.88% 440.15% -1225.25%
Net Earnings / Revenue 46.1% 44.94% 9.23% -0.82%
Basic Earnings Per Share $3.25 $15.71 -$1.40
Diluted Earnings Per Share $3.25 $1.60 $15.71 -$1.40

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $133.5M $129.1M $33.80M
YoY Change 3.41% 281.95%
Cash & Equivalents $133.5M $129.1M $33.80M
Short-Term Investments
Other Short-Term Assets $5.692M $3.900M $44.00M
YoY Change 45.95% -91.14%
Inventory $3.659M $1.000M $0.00
Prepaid Expenses
Receivables $8.000M $800.0K
Other Receivables $3.300M $700.0K
Total Short-Term Assets $154.3M $145.3M $79.30M
YoY Change 6.16% 83.23%
Property, Plant & Equipment $1.886B $1.894B $1.386B
YoY Change -0.44% 36.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $884.0K
YoY Change
Other Assets $6.483M $10.10M $800.0K
YoY Change -35.81% 1162.5%
Total Long-Term Assets $1.903B $1.913B $1.387B
YoY Change -0.53% 37.89%
Total Assets $2.057B $2.058B $1.467B
YoY Change
Accounts Payable $12.23M $2.600M $2.400M
YoY Change 370.42% 8.33%
Accrued Expenses $43.39M $51.80M $59.90M
YoY Change -16.24% -13.52%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $194.4M $180.1M $338.5M
YoY Change 7.95% -46.79%
Total Short-Term Liabilities $293.3M $278.6M $417.5M
YoY Change 5.29% -33.27%
Long-Term Debt $866.7M $958.2M $292.3M
YoY Change -9.55% 227.81%
Other Long-Term Liabilities $90.36M $105.7M $13.70M
YoY Change -14.51% 671.53%
Total Long-Term Liabilities $957.0M $1.064B $306.0M
YoY Change -10.04% 247.68%
Total Liabilities $1.321B $1.412B $898.0M
YoY Change -6.41% 57.18%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 53.69M shares 1.010M shares 1.010M shares
Diluted Shares Outstanding 53.69M shares 1.010M shares 1.010M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $6.4819 Billion

About Cool Co Ltd.

Cool Co. Ltd. engages in the business of acquisition, ownership, operation, and chartering of liquefied natural gas carriers; and the operation of third-party fleets under management agreements. The firm is the commercial and technical manager of not only its fleet, which includes the original vessels and the acquisition vessels, but also eight additional LNGCs and nine floating storage and regasification units (FSRUs) owned by third parties. Its fleet consists of eight modern TFDE LNGCs, namely the Golar Bear, Golar Crystal, Kool Frost, Golar Glacier, Golar Ice, Golar Kelvin, Golar Seal and Golar Snow, and four modern two-stroke and tri-fuel diesel electric (TFDE) vessels, namely the Kool Orca, Kool Firn, Kool Boreas and Kool Baltic. The vessels use fuel efficient propulsion and low boil-off technology and are compatible with LNG loading and receiving terminals worldwide. Its integrated, in-house vessel management platform provides its charterers with commercial and technical management services.

Industry: Water Transportation Peers: Ardmore Shipping Corp DHT Holdings, Inc. GOLAR LNG LTD NORDIC AMERICAN TANKERS Ltd SFL Corp Ltd. TEEKAY CORP LTD