Golden Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Golden Ocean Group
GOGL Stock  USD 11.19  0.64  5.41%   
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
551.1 M
Profit Margin
0.2201
Market Capitalization
2.4 B
Enterprise Value Revenue
3.8264
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 2024. 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

930.06 Million

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 142.3 M, Interest Expense of 108.8 M or Selling General Administrative of 19 M, as well as many indicators such as Price To Sales Ratio of 4.27, Dividend Yield of 0.0487 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 Assets3.7 B3.5 B2.2 B
Slightly volatile
Short and Long Term Debt Total1.5 B1.5 B923.3 M
Slightly volatile
Other Current Liabilities64.7 M61.6 M39.7 M
Slightly volatile
Total Current Liabilities237.5 M226.2 M156.7 M
Slightly volatile
Total Stockholder Equity2 B1.9 B1.2 B
Slightly volatile
Property Plant And Equipment Net3.3 B3.1 B1.9 B
Slightly volatile
Cash88.6 M118.6 M131.9 M
Slightly volatile
Non Current Assets Total3.4 B3.2 B2 B
Slightly volatile
Non Currrent Assets Other27.8 M15.7 M46.3 M
Very volatile
Cash And Short Term Investments88.6 M118.6 M131.9 M
Slightly volatile
Net Receivables31.2 M45.5 M42.7 M
Slightly volatile
Common Stock Total Equity8.7 M8.3 M4.6 M
Slightly volatile
Common Stock Shares Outstanding210.5 M200.5 M101.2 M
Slightly volatile
Liabilities And Stockholders Equity3.7 B3.5 B2.2 B
Slightly volatile
Non Current Liabilities Total1.4 B1.3 B825.6 M
Slightly volatile
Other Current Assets42.1 M76.2 M67.2 M
Slightly volatile
Other Stockholder Equity844.8 M1.6 B1.2 B
Slightly volatile
Total Liabilities1.6 B1.6 B982.3 M
Slightly volatile
Property Plant And Equipment Gross4 B3.8 B2 B
Slightly volatile
Total Current Assets156.5 M278.9 M229.6 M
Slightly volatile
Short Term Debt68.8 M131.7 M96.7 M
Slightly volatile
Common Stock12.1 M11.6 M5.4 M
Slightly volatile
Inventory42.9 M40.9 M21.8 M
Slightly volatile
Long Term Debt650.6 M1.3 B808.8 M
Slightly volatile
Property Plant Equipment3.4 B3.3 B2 B
Slightly volatile
Other Liabilities6.2 M6.6 M6.3 M
Slightly volatile
Current Deferred Revenue12.8 M22.8 M15.9 M
Slightly volatile
Accounts Payable5.6 M9.5 M5.9 M
Slightly volatile
Intangible Assets4.4 M4.7 M29.4 M
Slightly volatile
Deferred Long Term Liabilities429.2 K451.8 K3.3 M
Slightly volatile
Long Term Investments61.5 M58.5 M20.6 M
Slightly volatile
Short and Long Term Debt107.3 M109.3 M178.4 M
Slightly volatile
Net Tangible Assets1.6 B2.2 B1.3 B
Slightly volatile
Long Term Debt Total1.2 B1.4 B1.1 B
Slightly volatile
Capital Surpluse611.3 K643.5 K124.8 M
Slightly volatile
Capital Lease Obligations115.1 M99.8 M70.5 M
Slightly volatile
Non Current Liabilities Other3.7 M2.3 M4.3 M
Slightly volatile
Net Invested Capital3.2 B3.3 B2.9 B
Slightly volatile
Capital Stock9.5 M11.6 M8 M
Slightly volatile

Golden Ocean Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization142.3 M135.5 M74.9 M
Slightly volatile
Interest Expense108.8 M103.7 M42.6 M
Slightly volatile
Selling General Administrative19 M18.1 M11.6 M
Slightly volatile
Total Revenue930.1 M885.8 M487.9 M
Slightly volatile
Other Operating Expenses732 M697.2 M382.4 M
Slightly volatile
Cost Of Revenue709.7 M675.9 M367.8 M
Slightly volatile
Total Operating Expenses17 M18.7 M14.1 M
Slightly volatile
Minority Interest652.8 K555.3 K641.8 K
Slightly volatile
Non Recurring911.4 K959.4 K63.7 M
Slightly volatile
Interest Income5.7 M4.8 M17.8 M
Slightly volatile
Reconciled Depreciation119.5 M131.8 M95.1 M
Slightly volatile
Selling And Marketing Expenses480 K540 K588 K
Slightly volatile

Golden Ocean Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow93.6 M138.1 M144.2 M
Slightly volatile
Depreciation142.3 M135.5 M74.4 M
Slightly volatile
Capital Expenditures501.4 M477.5 M244.4 M
Pretty Stable
End Period Cash Flow95.9 M118.6 M144.3 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.272.20292.9284
Slightly volatile
Dividend Yield0.04870.05130.0997
Very volatile
PTB Ratio1.221.01530.7143
Pretty Stable
Days Sales Outstanding17.818.732846.7543
Slightly volatile
Book Value Per Share9.139.613133.6732
Slightly volatile
Capex To Depreciation6.123.52315.7646
Slightly volatile
PB Ratio1.221.01530.7143
Pretty Stable
EV To Sales6.233.72844.8809
Slightly volatile
Inventory Turnover10.9216.530514.9459
Slightly volatile
Days Of Inventory On Hand42.3922.080332.5754
Slightly volatile
Payables Turnover36.0170.966456.5681
Slightly volatile
Sales General And Administrative To Revenue0.01940.02040.0483
Slightly volatile
Average Inventory783.4 K746 K768.9 K
Slightly volatile
Capex To Revenue0.510.53911.5502
Slightly volatile
Cash Per Share0.560.59344.0584
Slightly volatile
Days Payables Outstanding4.895.143310.1362
Slightly volatile
Current Ratio1.171.23313.6177
Slightly volatile
Tangible Book Value Per Share9.139.613133.4716
Slightly volatile
Receivables Turnover9.8419.484514.0473
Slightly volatile
Graham Number10.4711.020942.0091
Slightly volatile
Shareholders Equity Per Share9.139.613133.6732
Slightly volatile
Debt To Equity0.460.7130.6232
Slightly volatile
Capex Per Share2.272.388616.747
Slightly volatile
Average Receivables18.7 M16.6 M15.2 M
Very volatile
Revenue Per Share4.214.43056.8602
Slightly volatile
Interest Debt Per Share7.07.372317.5096
Slightly volatile
Debt To Assets0.280.39270.3563
Slightly volatile
Operating Cycle38.7740.813270.9348
Slightly volatile
Price Book Value Ratio1.221.01530.7143
Pretty Stable
Days Of Payables Outstanding4.895.143310.1362
Slightly volatile
Company Equity Multiplier1.311.81541.6868
Slightly volatile
Long Term Debt To Capitalization0.270.39610.3533
Slightly volatile
Total Debt To Capitalization0.290.41620.3733
Slightly volatile
Debt Equity Ratio0.460.7130.6232
Slightly volatile
Quick Ratio1.01.05233.4337
Slightly volatile
Cash Ratio0.50.52452.4797
Slightly volatile
Cash Conversion Cycle68.8735.669963.6006
Slightly volatile
Days Of Inventory Outstanding42.3922.080332.5754
Slightly volatile
Days Of Sales Outstanding17.818.732846.7543
Slightly volatile
Price To Book Ratio1.221.01530.7143
Pretty Stable
Fixed Asset Turnover0.180.28390.2097
Slightly volatile
Debt Ratio0.280.39270.3563
Slightly volatile
Price Sales Ratio4.272.20292.9284
Slightly volatile
Asset Turnover0.160.25390.1786
Slightly volatile
Price Fair Value1.221.01530.7143
Pretty Stable

Golden Ocean Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.6 B921.3 M
Slightly volatile
Enterprise Value1.7 B1.6 B1.4 B
Slightly volatile

Golden Fundamental Market Drivers

Forward Price Earnings7.326
Cash And Short Term Investments118.6 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 Revenue22.8 M12.8 M
Total Revenue885.8 M930.1 M
Cost Of Revenue675.9 M709.7 M
Sales General And Administrative To Revenue 0.02  0.02 
Capex To Revenue 0.54  0.51 
Revenue Per Share 4.43  4.21 
Ebit Per Revenue 0.21  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
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Largest Marine Shipping Companies
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Check out the analysis of Golden Ocean Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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
Dividend Share
1
Earnings Share
1.07
Revenue Per Share
4.871
Quarterly Revenue Growth
0.172
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
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Financial
Analysis
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Buy or Sell
Advice
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Earnings
Projections
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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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