Cool Company Ltd. (CLCO) 10-Year Financial Performance & Capital Metrics

CLCO • • Industrial / General

IndustrialsMarine ShippingSpecialized Gas CarriersLNG Carriers

AboutCool Company Ltd. engages in the ownership, operation, and management of liquefied natural gas carriers (LNGCs) that provides supply chain support solutions for energy industry. The company owns and operates a fleet of LNGCs, including tri-fuel diesel electric vessels; and floating storage and regasification units for third parties. Cool Company Ltd. was incorporated in 2018 and is headquartered in Hamilton, Bermuda.Show more

Revenue $323M -10.8%
EBITDA $223M -14.1%
Net Income $98M -43.8%
EPS (Diluted) 1.82 -44.0%
Gross Margin 76.02% +22.1%
EBITDA Margin 69.22% -3.7%
Operating Margin 50.53% -9.1%
Net Margin 30.43% -37.1%
ROE 12.52% -45.5%
ROIC 6.71% -22.9%
Debt/Equity 1.72 +30.1%
Interest Coverage 2.07 -17.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Good 3Y average ROE of 15.7%
✓Healthy 5Y average net margin of 32.6%
✓Trading near 52-week high
✓Trading at only 0.7x book value

✗Weaknesses

✗Negative free cash flow
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y25.81%

TTM-1.71%

Profit (Net Income) CAGR

10Y-

5Y-

3Y64.99%

TTM-36.32%

EPS CAGR

10Y-

5Y-

3Y-50.82%

TTM-48.28%

ROCE

10Y Avg8.68%

5Y Avg8.68%

3Y Avg9.24%

Latest8.66%

Peer Comparison

LNG Carriers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CCECCapital Clean Energy Carriers Corp.	1.24B	20.93	8.05	2.45%	36.59%	19.55%		1.92
CLCOCool Company Ltd.	511.23M	9.67	5.31	-10.76%	17.84%	7.48%		1.72

Profit & Loss

	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	161.96M	220.32M	361.38M	322.51M
Revenue Growth %	-	0.36%	0.64%	-0.11%
Cost of Goods Sold+	93.54M	97.77M	136.32M	77.33M
COGS % of Revenue	0.58%	0.44%	0.38%	0.24%
Gross Profit+	68.41M	122.54M	225.07M	245.18M
Gross Margin %	0.42%	0.56%	0.62%	0.76%
Gross Profit Growth %	-	0.79%	0.84%	0.09%
Operating Expenses+	566K	13.74M	24.17M	82.23M
OpEx % of Revenue	0%	0.06%	0.07%	0.25%
Selling, General & Admin	586K	13.74M	24.17M	21.94M
SG&A % of Revenue	0%	0.06%	0.07%	0.07%
Research & Development	0	0	0	0
R&D % of Revenue	-	-	-	-
Other Operating Expenses	0	0	0	60.3M
Operating Income+	72.85M	108.81M	200.89M	162.95M
Operating Margin %	0.45%	0.49%	0.56%	0.51%
Operating Income Growth %	-	0.49%	0.85%	-0.19%
EBITDA+	116.33M	167.78M	259.89M	223.24M
EBITDA Margin %	0.72%	0.76%	0.72%	0.69%
EBITDA Growth %	-	0.44%	0.55%	-0.14%
D&A (Non-Cash Add-back)	43.48M	58.97M	59M	60.3M
EBIT	72.44M	116.01M	257.11M	162.95M
Net Interest Income+	-17.61M	-28.83M	-73.23M	-75.71M
Interest Income	6.82K	1.25M	6.96M	2.95M
Interest Expense	17.61M	30.08M	80.19M	78.66M
Other Income/Expense	-18.5M	-22.88M	-23.97M	-61.87M
Pretax Income+	54.35M	85.93M	176.92M	101.08M
Pretax Margin %	0.34%	0.39%	0.49%	0.31%
Income Tax+	0	108.87K	556K	277K
Effective Tax Rate %	0.4%	0.98%	0.99%	0.97%
Net Income+	21.85M	84.1M	174.73M	98.14M
Net Margin %	0.13%	0.38%	0.48%	0.3%
Net Income Growth %	-	2.85%	1.08%	-0.44%
Net Income (Continuing)	54.35M	85.82M	176.36M	100.8M
Discontinued Operations	0	0	0	0
Minority Interest	174.5M	68.96M	70.38M	0
EPS (Diluted)+	15.30	1.57	3.25	1.82
EPS Growth %	-	-0.9%	1.07%	-0.44%
EPS (Basic)	15.30	1.57	3.25	1.83
Diluted Shares Outstanding	1.01M	53.69M	53.69M	53.83M
Basic Shares Outstanding	1.01M	53.69M	53.7M	53.73M
Dividend Payout Ratio	-	-	0.5%	0.76%

Balance Sheet

	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	72.13M	145.34M	154.25M	177.21M
Cash & Short-Term Investments	26.91M	129.13M	133.5M	165.27M
Cash Only	26.91M	129.13M	133.5M	165.27M
Short-Term Investments	0	0	0	0
Accounts Receivable	770K	5.76M	11.41M	5.88M
Days Sales Outstanding	1.74	9.54	11.52	6.65
Inventory	43.05M	991K	3.66M	3.67M
Days Inventory Outstanding	167.99	3.7	9.8	17.3
Other Current Assets	44.45M	12.28M	4.17M	633.59K
Total Non-Current Assets+	1.38B	1.91B	1.9B	2.07B
Property, Plant & Equipment	1.38B	1.89B	1.89B	2.05B
Fixed Asset Turnover	0.12x	0.12x	0.19x	0.16x
Goodwill	0	0	0	0
Intangible Assets	0	8.31M	9.44M	7.47M
Long-Term Investments	779.02K	9.28M	7.33M	1.58M
Other Non-Current Assets	-779.02K	11M	34.8K	8.14M
Total Assets+	1.46B	2.06B	2.06B	2.24B
Asset Turnover	0.11x	0.11x	0.18x	0.14x
Asset Growth %	-	0.41%	-0%	0.09%
Total Current Liabilities+	414.38M	278.59M	292.46M	243.73M
Accounts Payable	2.37M	2.58M	12.23M	19.61M
Days Payables Outstanding	9.24	9.62	32.75	92.55
Short-Term Debt	338.5M	180.45M	195.35M	142M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K
Other Current Liabilities	15.67M	44.17M	24.59M	28.74M
Current Ratio	0.17x	0.52x	0.53x	0.73x
Quick Ratio	0.07x	0.52x	0.51x	0.71x
Cash Conversion Cycle	160.48	3.63	-11.43	-68.6
Total Non-Current Liabilities+	303.82M	1.06B	957.03M	1.24B
Long-Term Debt	292.32M	958.24M	866.67M	1.16B
Capital Lease Obligations	2.18M	510K	2.91M	2.35M
Deferred Tax Liabilities	0	-104.9M	0	0
Other Non-Current Liabilities	9.32M	105.21M	262.21K	0
Total Liabilities	718.2M	1.34B	1.25B	1.48B
Total Debt+	630.82M	1.14B	1.07B	1.31B
Net Debt	603.92M	1.01B	931.61M	1.14B
Debt / Equity	0.86x	1.59x	1.32x	1.72x
Debt / EBITDA	5.42x	6.79x	4.10x	5.86x
Net Debt / EBITDA	5.19x	6.02x	3.58x	5.12x
Interest Coverage	4.14x	3.62x	2.51x	2.07x
Total Equity+	737.26M	715.51M	806.37M	761.5M
Equity Growth %	-	-0.03%	0.13%	-0.06%
Book Value per Share	729.96	13.33	15.02	14.15
Total Shareholders' Equity	562.76M	646.56M	735.99M	761.5M
Common Stock	1.01M	53.69M	53.7M	53.73M
Retained Earnings	-212.04M	85.74M	172.96M	196.99M
Treasury Stock	0	0	0	0
Accumulated OCI	0	0	0	0
Minority Interest	174.5M	68.96M	70.38M	0

Cash Flow

	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	115.42M	116.2M	207.74M	146.11M
Operating CF Margin %	0.71%	0.53%	0.57%	0.45%
Operating CF Growth %	-	0.01%	0.79%	-0.3%
Net Income	54.35M	84.1M	176.36M	98.14M
Depreciation & Amortization	43.39M	58.97M	61.23M	64.42M
Stock-Based Compensation	0	349.09K	2.21M	2.01M
Deferred Taxes	0	-118.08M	0	0
Other Non-Cash Items	1.26M	78.01M	-34.42M	-24.44M
Working Capital Changes	16.42M	12.86M	2.35M	5.97M
Change in Receivables	3.58M	-418.81K	-7.31M	7.67M
Change in Inventory	915K	0	-2.77M	-7K
Change in Payables	672.93K	627.73K	19.18M	-940K
Cash from Investing+	-39.93K	-346.73M	-12.13M	-187.62M
Capital Expenditures	-39.93K	-346.73M	-195.09M	-187.49M
CapEx % of Revenue	0%	1.57%	0.54%	0.58%
Acquisitions	-	-	-	-
Investments	-	-	-	-
Other Investing	0	0	182.96M	-132K
Cash from Financing+	-100.47M	311.14M	-182.53M	69.89M
Debt Issued (Net)	-	-	-	-
Equity Issued (Net)	-	-	-	-
Dividends Paid	0	0	-87.51M	-74.11M
Share Repurchases	-	-	-	-
Other Financing	45.49M	-577.17M	-1.89M	-9.96M
Net Change in Cash	-	-	-	-
Free Cash Flow+	115.38M	-230.53M	2.49M	-41.38M
FCF Margin %	0.71%	-1.05%	0.01%	-0.13%
FCF Growth %	-	-3%	1.01%	-17.59%
FCF per Share	114.24	-4.29	0.05	-0.77
FCF Conversion (FCF/Net Income)	5.28x	1.38x	1.19x	1.49x
Interest Paid	0	0	85.08M	96.96M
Taxes Paid	0	0	512K	812K

Key Ratios

Metric	2021	2022	2023	2024
Return on Equity (ROE)	2.96%	11.58%	22.96%	12.52%
Return on Invested Capital (ROIC)	-	5.32%	8.7%	6.71%
Gross Margin	42.24%	55.62%	62.28%	76.02%
Net Margin	13.49%	38.17%	48.35%	30.43%
Debt / Equity	0.86x	1.59x	1.32x	1.72x
Interest Coverage	4.14x	3.62x	2.51x	2.07x
FCF Conversion	5.28x	1.38x	1.19x	1.49x
Revenue Growth	-	36.03%	64.03%	-10.76%

Revenue by Segment

	2022	2023	2024
Time And Voyage Charter	183.57M	347.08M	313.62M
Time And Voyage Charter Growth	-	89.08%	-9.64%

Frequently Asked Questions

Valuation & Price

Cool Company Ltd. (CLCO) has a price-to-earnings (P/E) ratio of 5.3x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Cool Company Ltd. (CLCO) reported $331.5M in revenue for fiscal year 2024. This represents a 105% increase from $162.0M in 2021.

Cool Company Ltd. (CLCO) saw revenue decline by 10.8% over the past year.

Yes, Cool Company Ltd. (CLCO) is profitable, generating $59.1M in net income for fiscal year 2024 (30.4% net margin).

Dividend & Returns

Yes, Cool Company Ltd. (CLCO) pays a dividend with a yield of 14.24%. This makes it attractive for income-focused investors.

Cool Company Ltd. (CLCO) has a return on equity (ROE) of 12.5%. This is reasonable for most industries.

Cool Company Ltd. (CLCO) had negative free cash flow of $348.1M in fiscal year 2024, likely due to heavy capital investments.

← Back to Screener