Golden Total Current Liabilities from 2010 to 2024

GOGL Stock  USD 11.19  0.64  5.41%   
Golden Ocean Total Current Liabilities yearly trend continues to be quite stable with very little volatility. Total Current Liabilities may rise above about 237.5 M this year. Total Current Liabilities is the total amount of liabilities that Golden Ocean Group is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
1997-12-31
Previous Quarter
250.7 M
Current Value
243.4 M
Quarterly Volatility
124.3 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 Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Golden Ocean Group over the last few years. Total Current Liabilities is an item on Golden Ocean balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Golden Ocean Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Golden Ocean's Total Current Liabilities 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.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Golden Total Current Liabilities Regression Statistics

Arithmetic Mean156,720,162
Geometric Mean77,464,222
Coefficient Of Variation93.56
Mean Deviation115,720,033
Median181,726,000
Standard Deviation146,619,886
Sample Variance21497.4T
Range534.1M
R-Value0.68
Mean Square Error12532.4T
R-Squared0.46
Significance0.01
Slope22,203,767
Total Sum of Squares300963.5T

Golden Total Current Liabilities History

2024237.5 M
2023226.2 M
2022211.6 M
2021248.1 M
2020241.7 M
2019233.4 M
2018541.5 M

About Golden Ocean Financial Statements

Golden Ocean investors utilize fundamental indicators, such as Total Current Liabilities, 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
Total Current Liabilities226.2 M237.5 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.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.