High LeverageA debt-to-equity ratio of 1.58 denotes material financial leverage that raises refinancing, covenant and interest-rate vulnerability. For a capital-intensive LNG business, elevated leverage reduces liquidity buffers and constrains capital allocation flexibility over the medium term.
Weak Cash ConversionNegative operating cash flow shows earnings are not converting to cash, impairing the company's ability to service debt, fund capex, or build reserves. Even with FCF growth, persistent negative OCF signals structural working-capital or operational cash issues that threaten sustainability.
Earnings Quality ConcernsProfitability driven by one-off items undermines reliability of earnings and prospects for sustained margins. Volatile reported profits complicate forecasting, weaken lender and investor confidence, and can increase cost of capital, all of which impede long-term investment planning.