Golden Capital Lease Obligations from 2010 to 2024

GOGL Stock  USD 11.19  0.64  5.41%   
Golden Ocean Capital Lease Obligations yearly trend continues to be quite stable with very little volatility. Capital Lease Obligations may rise above about 115.1 M this year. Capital Lease Obligations is the total obligations of Golden Ocean Group under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2019-03-31
Previous Quarter
94.2 M
Current Value
88.7 M
Quarterly Volatility
43.4 M
 
Covid
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.

Latest Golden Ocean's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Golden Ocean Group over the last few years. Golden Ocean Group capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Golden Ocean asset purchases. For example, Golden Ocean can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Golden Ocean control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Golden Ocean's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Ocean's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Golden Capital Lease Obligations Regression Statistics

Arithmetic Mean70,476,331
Geometric Mean37,841,434
Coefficient Of Variation106.65
Mean Deviation65,528,130
Median17,531,000
Standard Deviation75,163,189
Sample Variance5649.5T
Range217.7M
R-Value0.68
Mean Square Error3271.1T
R-Squared0.46
Significance0.01
Slope11,428,146
Total Sum of Squares79093.1T

Golden Capital Lease Obligations History

2024115.1 M
202399.8 M
2022124.6 M
2021156.5 M
2020193.2 M
2019225.1 M
20187.4 M

About Golden Ocean Financial Statements

Golden Ocean investors utilize fundamental indicators, such as Capital Lease Obligations, 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
Capital Lease Obligations99.8 M115.1 M

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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:
Check out the analysis of Golden Ocean Correlation against competitors.
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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.
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.