Golden Ocean Group Net Income
| GOGLDelisted Stock | USD 7.98 0.30 3.62% |
As of the 19th of February, Golden Ocean retains the Market Risk Adjusted Performance of 0.1205, risk adjusted performance of 0.018, and Downside Deviation of 2.24. Golden Ocean technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Golden Ocean Group information ratio, as well as the relationship between the value at risk and expected short fall to decide if Golden Ocean is priced fairly, providing market reflects its last-minute price of 7.98 per share. Given that Golden Ocean Group has jensen alpha of 0.0153, we strongly advise you to confirm Golden Ocean Group's regular market performance to make sure the company can sustain itself at a future point.
Golden Ocean's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Golden Ocean's valuation are provided below:Golden Ocean Group does not presently have any fundamental trends for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Golden |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Golden Ocean Group reported net income of 223.21 M. This is 13.96% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 60.91% higher than that of the company.
Golden Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Ocean's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Golden Ocean could also be used in its relative valuation, which is a method of valuing Golden Ocean by comparing valuation metrics of similar companies.Golden Ocean is currently under evaluation in net income category among its peers.
Golden Fundamentals
| Return On Equity | 0.0606 | |||
| Return On Asset | 0.0343 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | (0.14) % | |||
| Current Valuation | 2.93 B | |||
| Shares Outstanding | 199.4 M | |||
| Shares Owned By Insiders | 49.35 % | |||
| Shares Owned By Institutions | 30.00 % | |||
| Number Of Shares Shorted | 13.01 M | |||
| Price To Earning | 2.55 X | |||
| Price To Book | 0.87 X | |||
| Price To Sales | 1.84 X | |||
| Revenue | 968.42 M | |||
| Gross Profit | 349.98 M | |||
| EBITDA | 432.84 M | |||
| Net Income | 223.21 M | |||
| Cash And Equivalents | 163.98 M | |||
| Cash Per Share | 0.82 X | |||
| Total Debt | 1.38 B | |||
| Debt To Equity | 0.69 % | |||
| Current Ratio | 1.54 X | |||
| Book Value Per Share | 9.16 X | |||
| Cash Flow From Operations | 365.3 M | |||
| Short Ratio | 3.97 X | |||
| Earnings Per Share | 0.57 X | |||
| Price To Earnings To Growth | 131.35 X | |||
| Target Price | 10.0 | |||
| Number Of Employees | 44 | |||
| Beta | 1.13 | |||
| Market Capitalization | 1.59 B | |||
| Total Asset | 3.38 B | |||
| Retained Earnings | 320.85 M | |||
| Working Capital | 52.15 M | |||
| Current Asset | 203.66 M | |||
| Current Liabilities | 80.03 M | |||
| Annual Yield | 0.10 % | |||
| Net Asset | 3.38 B | |||
| Last Dividend Paid | 0.8 |
About Golden Ocean Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Golden Ocean Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Ocean using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Ocean Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Consideration for investing in Golden Stock
If you are still planning to invest in Golden Ocean Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Golden Ocean's history and understand the potential risks before investing.
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