Golden Financial Statements From 2010 to 2026
| GOGLDelisted Stock | USD 7.98 0.30 3.62% |
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 , as well as many indicators such as . Golden financial statements analysis is a perfect complement when working with Golden Ocean Valuation or Volatility modules.
Golden |
Golden Ocean Group Company Profit Margin Analysis
Golden Ocean's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Golden Ocean Profit Margin | 0.13 % |
Most of Golden Ocean's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Golden Ocean Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
CompetitionBased on the latest financial disclosure, Golden Ocean Group has a Profit Margin of 0.1316%. This is 86.43% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The profit margin for all United States stocks is 110.36% lower than that of the firm.
Golden Ocean Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Golden Ocean's current stock value. Our valuation model uses many indicators to compare Golden Ocean value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Golden Ocean competition to find correlations between indicators driving Golden Ocean's intrinsic value. More Info.Golden Ocean Group is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers reporting about 0.57 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Golden Ocean Group is roughly 1.77 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Golden Ocean by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.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.
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 37 people.
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Try AI Portfolio ProphetCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Golden Stock
If you are still planning to invest in Golden Ocean Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Golden Ocean's history and understand the potential risks before investing.
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