LarsChristian Svensen - Golden Ocean Chief Officer

GOGL Stock  USD 11.14  0.05  0.45%   

Executive

LarsChristian Svensen is Chief Officer of Golden Ocean Group
Age 38
Address 14 Par-la-Ville Road, Hamilton, Bermuda, HM 08
Phone441 295 6935
Webhttps://www.goldenocean.bm

Golden Ocean Management Efficiency

The company has return on total asset (ROA) of 0.0541 % which means that it generated a profit of $0.0541 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1125 %, meaning that it created $0.1125 on every $100 dollars invested by stockholders. Golden Ocean's management efficiency ratios could be used to measure how well Golden Ocean manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Golden Ocean's Return On Capital Employed is quite stable compared to the past year. Return On Equity is expected to rise to 0.11 this year, although the value of Return On Tangible Assets will most likely fall to 0.03. At this time, Golden Ocean's Total Assets are quite stable compared to the past year. Non Current Assets Total is expected to rise to about 3.4 B this year, although the value of Total Current Assets will most likely fall to about 156.5 M.
Golden Ocean Group currently holds 1.47 B in liabilities with Debt to Equity (D/E) ratio of 0.69, which is about average as compared to similar companies. Golden Ocean Group has a current ratio of 1.51, which is within standard range for the sector. Note, when we think about Golden Ocean's use of debt, we should always consider it together with its cash and equity.

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Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 37 people. Golden Ocean Group (GOGL) is traded on NASDAQ Exchange in USA. It is located in 14 Par-la-Ville Road, Hamilton, Bermuda, HM 08 and employs 38 people. Golden Ocean is listed under Marine Transportation category by Fama And French industry classification.

Management Performance

Golden Ocean Group Leadership Team

Elected by the shareholders, the Golden Ocean's board of directors comprises two types of representatives: Golden Ocean inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Golden. The board's role is to monitor Golden Ocean's management team and ensure that shareholders' interests are well served. Golden Ocean's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Golden Ocean's outside directors are responsible for providing unbiased perspectives on the board's policies.
LarsChristian Svensen, Chief Officer
Peder Simonsen, Interim AS
Ulrik Andersen, Chief AS
Tord Brath, Head Operations

Golden Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Golden Ocean a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Ocean Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.