Golden Net Income from 2010 to 2024

GOGL Stock  USD 11.19  0.64  5.41%   
Golden Ocean Net Income yearly trend continues to be quite stable with very little volatility. Net Income may rise above about 117.9 M this year. From the period between 2010 and 2024, Golden Ocean, Net Income regression line of its data series had standard deviation of  200,931,750 and standard deviation of  200,931,750. View All Fundamentals
 
Net Income  
First Reported
1997-03-31
Previous Quarter
65.4 M
Current Value
62.5 M
Quarterly Volatility
46.7 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 Net Income Growth Pattern

Below is the plot of the Net Income of Golden Ocean Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Golden Ocean Group financial statement analysis. It represents the amount of money remaining after all of Golden Ocean Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Golden Ocean's Net Income 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.
ViewLast Reported 112.27 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Golden Net Income Regression Statistics

Arithmetic Mean57,544,313
Geometric Mean56,598,873
Coefficient Of Variation349.18
Mean Deviation135,470,245
Median19,479,297
Standard Deviation200,931,750
Sample Variance40373.6T
Range748.1M
R-Value0.49
Mean Square Error33140.1T
R-Squared0.24
Significance0.07
Slope21,909,585
Total Sum of Squares565230T

Golden Net Income History

2024117.9 M
2023112.3 M
2022461.8 M
2021527.2 M
2020-137.7 M
201937.2 M
201884.5 M

Other Fundumenentals of Golden Ocean Group

Golden Ocean Net Income component correlations

About Golden Ocean Financial Statements

Golden Ocean investors utilize fundamental indicators, such as 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
Net Income112.3 M117.9 M
Net Income Applicable To Common Shares531.1 M557.7 M
Net Income From Continuing Ops123 M76.5 M
Net Income Per Share 0.56  0.53 
Net Income Per E B T 1.00  0.90 

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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.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.