Golden Ocean (Norway) Management Evaluation

GOGL Stock  NOK 122.45  0.05  0.04%   
Golden Ocean employs about 37 people. The company is managed by 4 executives with a total tenure of roughly 87 years, averaging almost 21.0 years of service per executive, having 9.25 employees per reported executive. Inspection of Golden Ocean's management performance can provide insight into the company performance.
LarsChristian Svensen  Insider
Chief AS
Peder Simonsen  Insider
Chief AS
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Ocean Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Golden Ocean Management Team Effectiveness

The company has return on total asset (ROA) of 0.096 % which means that it generated a profit of $0.096 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.313 %, meaning that it generated $0.313 on every $100 dollars invested by stockholders. Golden Ocean's management efficiency ratios could be used to measure how well Golden Ocean manages its routine affairs as well as how well it operates its assets and liabilities.

Golden Ocean Workforce Comparison

Golden Ocean Group is one of the top stocks in number of employees category among its peers. The total workforce of Shipping & Ports industry is currently estimated at about 183. Golden Ocean totals roughly 37.0 in number of employees claiming about 20% of equities listed under Shipping & Ports industry.
The company has Profit Margin (PM) of 0.48 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.43 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.43.

Golden Ocean Group Benchmark Summation

Operator
The output start index for this execution was zero with a total number of output elements of sixty-one. Golden Ocean Group Price Series Summation is a cross summation of Golden Ocean price series and its benchmark/peer.

Golden Ocean Notable Stakeholders

A Golden Ocean stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Golden Ocean often face trade-offs trying to please all of them. Golden Ocean's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Golden Ocean's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.

About Golden Ocean Management Performance

The success or failure of an entity such as Golden Ocean Group often depends on how effective the management is. Golden Ocean management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Golden management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Golden management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Golden Ocean Group Limited, a shipping company, engages in the transportation of bulk commodities worldwide. As of March 31, 2019, it owned a fleet of 77 vessels comprising 38 Capesize, 27 Panamax, and 2 Ultramax vessels 8 Capesize vessels under operating leases 1 Panamax vessel under a capital lease and 1 Supramax vessel under an operating lease. GOLDEN OCEAN operates under Shipping Ports classification in Norway and is traded on Oslo Stock Exchange. It employs 32 people.

Golden Ocean Workforce Analysis

Traditionally, organizations such as Golden Ocean use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Golden Ocean within its industry.

Golden Ocean Manpower Efficiency

Return on Golden Ocean Manpower

Revenue Per Employee32.5M
Revenue Per Executive300.8M
Net Income Per Employee14.2M
Net Income Per Executive131.8M
Working Capital Per Employee2.6M
Working Capital Per Executive24.2M

Additional Information and Resources on Investing in Golden Stock

When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Ocean Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Please note, there is a significant difference between Golden Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Ocean'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.