Golden Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Golden Ocean Group
GOGL Stock  USD 9.20  0.34  3.84%   
Golden Ocean financial statements provide useful quarterly and yearly information to potential Golden Ocean Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Golden Ocean financial statements helps investors assess Golden Ocean's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Golden Ocean's valuation are summarized below:
Gross Profit
463.2 M
Profit Margin
0.2201
Market Capitalization
1.8 B
Enterprise Value Revenue
3.0648
Revenue
972.7 M
There are over one hundred nineteen available fundamental trends for Golden Ocean Group, which can be analyzed over time and compared to other ratios. We recommend to confirm Golden Ocean's regular fundamental drivers against the all of the trends between 2010 and 2025. Market Cap is expected to rise to about 1.7 B this year. Enterprise Value is expected to rise to about 1.7 B this year

Golden Ocean Total Revenue

1.07 Billion

Check Golden Ocean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Ocean's main balance sheet or income statement drivers, such as Depreciation And Amortization of 163.7 M, Interest Expense of 125.2 M or Selling General Administrative of 21.8 M, as well as many indicators such as Price To Sales Ratio of 4.27, Dividend Yield of 0.056 or PTB Ratio of 1.22. Golden financial statements analysis is a perfect complement when working with Golden Ocean Valuation or Volatility modules.
  
Check out the analysis of Golden Ocean Correlation against competitors.

Golden Ocean Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.2 B4 B2.3 B
Slightly volatile
Short and Long Term Debt Total1.8 B1.7 B985.7 M
Slightly volatile
Other Current Liabilities101.1 M96.3 M46.9 M
Slightly volatile
Total Current Liabilities273.1 M260.1 M165.4 M
Slightly volatile
Total Stockholder Equity2.3 B2.2 B1.3 B
Slightly volatile
Property Plant And Equipment Net3.8 B3.6 B2 B
Slightly volatile
Cash88.5 M133.8 M131.8 M
Slightly volatile
Non Current Assets Total3.9 B3.7 B2.1 B
Slightly volatile
Non Currrent Assets Other27.8 M18 M44.5 M
Very volatile
Cash And Short Term Investments88.5 M133.8 M131.8 M
Slightly volatile
Net Receivables115.1 M109.6 M55.2 M
Slightly volatile
Common Stock Total Equity8.7 M8.3 M4.8 M
Slightly volatile
Common Stock Shares Outstanding242.1 M230.6 M111.3 M
Slightly volatile
Liabilities And Stockholders Equity4.2 B4 B2.3 B
Slightly volatile
Non Current Liabilities Total1.6 B1.5 B883.6 M
Slightly volatile
Other Current Assets40 M28.8 M61.5 M
Slightly volatile
Other Stockholder Equity1.9 B1.8 B1.3 B
Slightly volatile
Total Liabilities1.9 B1.8 B1 B
Slightly volatile
Property Plant And Equipment Gross4.6 B4.4 B2.2 B
Slightly volatile
Total Current Assets336.8 M320.8 M246.6 M
Slightly volatile
Short Term Debt159 M151.5 M105.8 M
Slightly volatile
Common Stock12.1 M11.6 M5.7 M
Slightly volatile
Inventory49.4 M47 M23.8 M
Slightly volatile
Long Term Debt1.5 B1.4 B903.4 M
Slightly volatile
Property Plant Equipment3.4 B3.3 B2.1 B
Slightly volatile
Other Liabilities6.2 M6.6 M6.3 M
Slightly volatile
Current Deferred Revenue742.9 K782 K12.8 M
Slightly volatile
Accounts Payable5.6 M11 M6.2 M
Slightly volatile
Intangible Assets4.4 M4.7 M27.8 M
Slightly volatile
Deferred Long Term Liabilities429.2 K451.8 K3.2 M
Slightly volatile
Long Term Investments70.7 M67.3 M24.1 M
Slightly volatile
Short and Long Term Debt107.3 M98.4 M173.4 M
Slightly volatile
Net Tangible Assets1.6 B2.2 B1.4 B
Slightly volatile
Long Term Debt Total1.2 B1.4 B1.1 B
Slightly volatile
Capital Surpluse611.3 K643.5 K117.1 M
Slightly volatile
Capital Lease Obligations115.1 M114.8 M73.2 M
Slightly volatile
Non Current Liabilities Other3.7 M2.3 M4.2 M
Slightly volatile
Net Invested Capital3.2 B3.8 B2.9 B
Slightly volatile
Capital Stock9.5 M11.6 M8.2 M
Slightly volatile

Golden Ocean Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization163.7 M155.9 M81.3 M
Slightly volatile
Interest Expense125.2 M119.2 M48.4 M
Slightly volatile
Selling General Administrative21.8 M20.8 M12.4 M
Slightly volatile
Total Revenue1.1 B1 B529.8 M
Slightly volatile
Other Operating Expenses841.8 M801.7 M415.5 M
Slightly volatile
Cost Of Revenue816.1 M777.3 M400 M
Slightly volatile
Total Operating Expenses17 M16.8 M14.2 M
Slightly volatile
Minority Interest652.8 K555.3 K640.3 K
Slightly volatile
Non Recurring911.4 K959.4 K59.8 M
Slightly volatile
Interest Income5.7 M4.3 M16.9 M
Slightly volatile
Reconciled Depreciation119.5 M151.5 M98.6 M
Slightly volatile
Selling And Marketing Expenses480 K540 K588.8 K
Slightly volatile

Golden Ocean Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow93.6 M158.8 M145.1 M
Slightly volatile
Depreciation163.7 M155.9 M80.9 M
Slightly volatile
Capital Expenditures576.6 M549.2 M268.2 M
Slightly volatile
End Period Cash Flow95.9 M136.4 M143.8 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.272.532.9035
Slightly volatile
Dividend Yield0.0560.05890.0976
Very volatile
PTB Ratio1.221.170.7428
Slightly volatile
Days Sales Outstanding62.1745.1850.7139
Slightly volatile
Book Value Per Share10.511.0632.3455
Slightly volatile
Capex To Depreciation6.124.055.6574
Slightly volatile
PB Ratio1.221.170.7428
Slightly volatile
EV To Sales6.234.294.8442
Slightly volatile
Inventory Turnover10.9214.8814.9418
Slightly volatile
Days Of Inventory On Hand42.3925.3932.1263
Slightly volatile
Payables Turnover36.0163.8757.0244
Slightly volatile
Sales General And Administrative To Revenue0.02230.02350.0469
Slightly volatile
Average Inventory783.4 K746 K772.7 K
Slightly volatile
Capex To Revenue0.590.621.497
Slightly volatile
Cash Per Share0.50.523.8328
Slightly volatile
Days Payables Outstanding5.625.919.9177
Slightly volatile
Current Ratio1.351.423.4916
Slightly volatile
Tangible Book Value Per Share10.511.0632.1565
Slightly volatile
Receivables Turnover9.548.3613.0359
Slightly volatile
Graham Number12.0412.6740.2735
Slightly volatile
Shareholders Equity Per Share10.511.0632.3455
Slightly volatile
Debt To Equity0.480.690.6606
Slightly volatile
Capex Per Share2.612.7515.8935
Slightly volatile
Average Receivables18.7 M16.6 M15.1 M
Very volatile
Revenue Per Share4.845.16.7895
Slightly volatile
Interest Debt Per Share8.69.0517.4597
Slightly volatile
Debt To Assets0.290.380.3754
Slightly volatile
Operating Cycle96.4270.5875.8006
Slightly volatile
Price Book Value Ratio1.221.170.7428
Slightly volatile
Days Of Payables Outstanding5.625.919.9177
Slightly volatile
Company Equity Multiplier1.311.631.6833
Slightly volatile
Long Term Debt To Capitalization0.270.360.3537
Slightly volatile
Total Debt To Capitalization0.30.390.3852
Slightly volatile
Debt Equity Ratio0.480.690.6606
Slightly volatile
Quick Ratio1.151.213.304
Slightly volatile
Cash Ratio0.440.462.3491
Slightly volatile
Cash Conversion Cycle75.3764.6665.3579
Slightly volatile
Days Of Inventory Outstanding42.3925.3932.1263
Slightly volatile
Days Of Sales Outstanding62.1745.1850.7139
Slightly volatile
Price To Book Ratio1.221.170.7428
Slightly volatile
Fixed Asset Turnover0.180.260.2129
Slightly volatile
Debt Ratio0.290.380.3754
Slightly volatile
Price Sales Ratio4.272.532.9035
Slightly volatile
Asset Turnover0.160.230.1819
Slightly volatile
Price Fair Value1.221.170.7428
Slightly volatile

Golden Ocean Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.6 B975.5 M
Slightly volatile
Enterprise Value1.7 B1.6 B1.4 B
Slightly volatile

Golden Fundamental Market Drivers

Forward Price Earnings7.1023
Cash And Short Term Investments116.4 M

Golden Upcoming Events

15th of February 2024
Upcoming Quarterly Report
View
21st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Golden Ocean Financial Statements

Golden Ocean investors utilize fundamental indicators, such as revenue or net income, to predict how Golden Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue782 K742.9 K
Total Revenue1 B1.1 B
Cost Of Revenue777.3 M816.1 M
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.62  0.59 
Revenue Per Share 5.10  4.84 
Ebit Per Revenue 0.24  0.40 

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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:
How To Invest In Golden
Details
Is Golden Stock a good investment?
Details
What is Golden Ocean's Net Worth?
Details
Largest Marine Transportation Companies
View
Largest Marine Shipping Companies
View
Check out the analysis of Golden Ocean Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Marine Transportation space 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 Golden Ocean. If investors know Golden 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 Golden Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.822
Earnings Share
1.21
Revenue Per Share
4.871
Quarterly Revenue Growth
0.172
Return On Assets
0.0541
The market value of Golden Ocean Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Ocean's value that differs from its market value or its book value, called intrinsic value, which is Golden Ocean'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 Golden Ocean's market value can be influenced by many factors that don't directly affect Golden Ocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
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Piotroski
F Score
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Beneish
M Score
Details
Financial
Analysis
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Buy or Sell
Advice
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Earnings
Projections
Details
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.
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