Golden Gross Profit from 2010 to 2024

GOGL Stock

USD 11.19 0.64 5.41%

Golden Ocean Gross Profit yearly trend continues to be quite stable with very little volatility. Gross Profit may rise above about 220.4 M this year. Gross Profit is the profit Golden Ocean Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1997-03-31

Previous Quarter

91.7 M

Current Value

91 M

Quarterly Volatility

39.2 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

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 Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Golden Ocean Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Golden Ocean Group minus its cost of goods sold. It is profit before Golden Ocean operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Golden Ocean's Gross Profit 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.

View

Last Reported 551.12 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Golden Gross Profit Regression Statistics

	Arithmetic Mean	120,071,289
	Geometric Mean	76,459,316
	Coefficient Of Variation	139.05
	Mean Deviation	124,973,961
	Median	60,130,000
	Standard Deviation	166,963,414
	Sample Variance	27876.8T
	Range	586.7M
	R-Value	0.65
	Mean Square Error	17149.2T
	R-Squared	0.43
	Significance	0.01
	Slope	24,446,392
	Total Sum of Squares	390274.9T

Golden Gross Profit History

	2024	220.4 M
	2023	209.9 M
	2022	421.7 M
	2021	528.2 M
	2020	44 M
	2019	115.9 M
	2018	157.5 M

Other Fundumenentals of Golden Ocean Group

Gross Profit Margin

Golden Ocean Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Accounts Payable	Short Term Investments	Intangible Assets	Treasury Stock	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Good Will	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.99	0.01	0.6	0.99	0.76	0.55	0.95	0.82	0.97	0.81	0.62	-0.59	-0.53	-0.72	-0.36	0.65	-0.55	0.89	0.76	-0.53	0.77	0.45	-0.71	0.61
Total Stockholder Equity	0.99		0.97	0.11	0.52	0.97	0.71	0.51	0.96	0.79	0.96	0.8	0.58	-0.63	-0.52	-0.74	-0.42	0.72	-0.56	0.9	0.76	-0.55	0.77	0.52	-0.69	0.68
Net Debt	0.99	0.97		-0.02	0.65	0.99	0.72	0.52	0.93	0.81	0.96	0.79	0.65	-0.57	-0.55	-0.74	-0.31	0.63	-0.56	0.86	0.77	-0.56	0.78	0.39	-0.73	0.57
Retained Earnings	0.01	0.11	-0.02		-0.51	-0.09	-0.42	-0.24	0.21	-0.28	0.11	-0.02	-0.26	-0.3	-0.33	-0.3	-0.58	0.69	0.12	0.29	0.18	-0.34	0.17	0.73	-0.06	0.7
Net Receivables	0.6	0.52	0.65	-0.51		0.67	0.73	0.58	0.43	0.64	0.51	0.54	0.42	-0.02	-0.27	-0.2	0.49	-0.05	-0.24	0.41	0.32	-0.12	0.4	-0.1	-0.47	-0.07
Total Liab	0.99	0.97	0.99	-0.09	0.67		0.79	0.58	0.93	0.84	0.96	0.81	0.65	-0.54	-0.53	-0.69	-0.28	0.57	-0.52	0.85	0.75	-0.51	0.76	0.36	-0.72	0.53
Total Current Assets	0.76	0.71	0.72	-0.42	0.73	0.79		0.74	0.66	0.85	0.7	0.77	0.49	-0.23	-0.32	-0.32	-0.03	0.15	-0.21	0.67	0.48	-0.19	0.55	0.15	-0.56	0.23
Short Term Debt	0.55	0.51	0.52	-0.24	0.58	0.58	0.74		0.48	0.43	0.49	0.54	0.48	-0.17	-0.38	-0.21	-0.03	0.07	0.23	0.49	0.09	-0.46	0.65	0.11	-0.8	0.12
Common Stock	0.95	0.96	0.93	0.21	0.43	0.93	0.66	0.48		0.73	0.97	0.81	0.59	-0.61	-0.64	-0.79	-0.51	0.79	-0.41	0.93	0.83	-0.6	0.82	0.56	-0.74	0.74
Long Term Debt	0.82	0.79	0.81	-0.28	0.64	0.84	0.85	0.43	0.73		0.81	0.79	0.55	-0.3	-0.34	-0.52	-0.15	0.39	-0.55	0.79	0.74	-0.26	0.54	0.26	-0.45	0.46
Property Plant Equipment	0.97	0.96	0.96	0.11	0.51	0.96	0.7	0.49	0.97	0.81		0.8	0.6	-0.53	-0.58	-0.78	-0.43	0.74	-0.46	0.91	0.8	-0.59	0.8	0.52	-0.73	0.69
Current Deferred Revenue	0.81	0.8	0.79	-0.02	0.54	0.81	0.77	0.54	0.81	0.79	0.8		0.7	-0.41	-0.65	-0.79	-0.3	0.55	-0.34	0.85	0.74	-0.54	0.84	0.25	-0.69	0.52
Accounts Payable	0.62	0.58	0.65	-0.26	0.42	0.65	0.49	0.48	0.59	0.55	0.6	0.7		-0.39	-0.52	-0.73	-0.24	0.32	-0.35	0.54	0.61	-0.59	0.77	-0.2	-0.73	0.21
Short Term Investments	-0.59	-0.63	-0.57	-0.3	-0.02	-0.54	-0.23	-0.17	-0.61	-0.3	-0.53	-0.41	-0.39		0.18	0.57	0.57	-0.6	0.51	-0.57	-0.52	0.5	-0.51	-0.41	0.41	-0.58
Intangible Assets	-0.53	-0.52	-0.55	-0.33	-0.27	-0.53	-0.32	-0.38	-0.64	-0.34	-0.58	-0.65	-0.52	0.18		0.65	0.36	-0.55	-0.03	-0.62	-0.56	0.58	-0.72	-0.27	0.65	-0.48
Treasury Stock	-0.72	-0.74	-0.74	-0.3	-0.2	-0.69	-0.32	-0.21	-0.79	-0.52	-0.78	-0.79	-0.73	0.57	0.65		0.53	-0.81	0.44	-0.77	-0.79	0.77	-0.86	-0.31	0.67	-0.66
Deferred Long Term Liab	-0.36	-0.42	-0.31	-0.58	0.49	-0.28	-0.03	-0.03	-0.51	-0.15	-0.43	-0.3	-0.24	0.57	0.36	0.53		-0.71	0.19	-0.5	-0.45	0.44	-0.42	-0.54	0.27	-0.73
Long Term Investments	0.65	0.72	0.63	0.69	-0.05	0.57	0.15	0.07	0.79	0.39	0.74	0.55	0.32	-0.6	-0.55	-0.81	-0.71		-0.35	0.79	0.71	-0.65	0.67	0.73	-0.5	0.92
Short Long Term Debt	-0.55	-0.56	-0.56	0.12	-0.24	-0.52	-0.21	0.23	-0.41	-0.55	-0.46	-0.34	-0.35	0.51	-0.03	0.44	0.19	-0.35		-0.36	-0.58	0.07	-0.15	-0.08	-0.02	-0.28
Net Tangible Assets	0.89	0.9	0.86	0.29	0.41	0.85	0.67	0.49	0.93	0.79	0.91	0.85	0.54	-0.57	-0.62	-0.77	-0.5	0.79	-0.36		0.84	-0.59	0.8	0.64	-0.7	0.84
Long Term Debt Total	0.76	0.76	0.77	0.18	0.32	0.75	0.48	0.09	0.83	0.74	0.8	0.74	0.61	-0.52	-0.56	-0.79	-0.45	0.71	-0.58	0.84		-0.37	0.6	0.39	-0.43	0.71
Capital Surpluse	-0.53	-0.55	-0.56	-0.34	-0.12	-0.51	-0.19	-0.46	-0.6	-0.26	-0.59	-0.54	-0.59	0.5	0.58	0.77	0.44	-0.65	0.07	-0.59	-0.37		-0.88	-0.32	0.83	-0.55
Good Will	0.77	0.77	0.78	0.17	0.4	0.76	0.55	0.65	0.82	0.54	0.8	0.84	0.77	-0.51	-0.72	-0.86	-0.42	0.67	-0.15	0.8	0.6	-0.88		0.31	-0.94	0.57
Net Invested Capital	0.45	0.52	0.39	0.73	-0.1	0.36	0.15	0.11	0.56	0.26	0.52	0.25	-0.2	-0.41	-0.27	-0.31	-0.54	0.73	-0.08	0.64	0.39	-0.32	0.31		-0.24	0.87
Net Working Capital	-0.71	-0.69	-0.73	-0.06	-0.47	-0.72	-0.56	-0.8	-0.74	-0.45	-0.73	-0.69	-0.73	0.41	0.65	0.67	0.27	-0.5	-0.02	-0.7	-0.43	0.83	-0.94	-0.24		-0.42
Capital Stock	0.61	0.68	0.57	0.7	-0.07	0.53	0.23	0.12	0.74	0.46	0.69	0.52	0.21	-0.58	-0.48	-0.66	-0.73	0.92	-0.28	0.84	0.71	-0.55	0.57	0.87	-0.42

Click cells to compare fundamentals

About Golden Ocean Financial Statements

Golden Ocean investors utilize fundamental indicators, such as Gross Profit, 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 Reported	Projected for Next Year
Gross Profit	209.9 M	220.4 M
Gross Profit Margin	0.24	0.23

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Golden Gross Profit from 2010 to 2024

Latest Golden Ocean's Gross Profit Growth Pattern

Golden Gross Profit Regression Statistics

Golden Gross Profit History

Other Fundumenentals of Golden Ocean Group

Golden Ocean Gross Profit component correlations

About Golden Ocean Financial Statements

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY