Golden Ocean Group Ltd financial data

Symbol
GOGL on Nasdaq
Industry
Water Transportation
Location
Par La Ville Place, 4 Th Floor, 14 Par La Ville Road, Hamilton Hm 08, Bermuda
Fiscal year end
December 31
Former names
Knightsbridge Shipping Ltd (to 3/26/2015), KNIGHTSBRIDGE TANKERS LTD (to 9/16/2014)
Latest financial report
Q4 2023 - Mar 20, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Operating Margin 21.3 % -45.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 200 M shares -0.43%
Common Stock, Shares, Outstanding 200 M shares -0.43%
Common Stock, Value, Issued 10.1 M USD 0%
Weighted Average Number of Shares Outstanding, Basic 200 M shares -0.38%
Weighted Average Number of Shares Outstanding, Diluted 200 M shares -0.35%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 886 M USD -20.4%
Revenue from Contract with Customer, Excluding Assessed Tax 451 M USD -6.84%
General and Administrative Expense 18.7 M USD -8.32%
Operating Income (Loss) 189 M USD -56.7%
Nonoperating Income (Expense) -75.8 M USD -379%
Income Tax Expense (Benefit) 541 K USD +42.7%
Net Income (Loss) Attributable to Parent 112 M USD -75.7%
Earnings Per Share, Basic 0.56 USD/shares -75.7%
Earnings Per Share, Diluted 0.56 USD/shares -75.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 116 M USD -13.7%
Marketable Securities, Current 0 USD -100%
Accounts Receivable, after Allowance for Credit Loss, Current 29.8 M USD +99.4%
Inventory, Net 40.9 M USD -10%
Other Assets, Current 47.8 M USD -12.2%
Assets, Current 279 M USD -6.76%
Operating Lease, Right-of-Use Asset 9.54 M USD -39%
Other Assets, Noncurrent 416 K USD -73.8%
Assets 3.49 B USD +7.11%
Accounts Payable, Current 9.16 M USD -3.53%
Employee-related Liabilities, Current 680 K USD +4.14%
Accrued Liabilities, Current 46 M USD +6.12%
Contract with Customer, Liability, Current 30.9 M USD -4.48%
Liabilities, Current 226 M USD +6.88%
Operating Lease, Liability, Noncurrent 9.62 M USD -26.3%
Other Liabilities, Noncurrent 2.57 M USD
Liabilities 1.57 B USD +16.9%
Retained Earnings (Accumulated Deficit) 340 M USD +3.38%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.92 B USD +0.25%
Liabilities and Equity 3.49 B USD +7.11%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 266 M USD -47.1%
Net Cash Provided by (Used in) Financing Activities 96 M USD
Net Cash Provided by (Used in) Investing Activities -382 M USD -624%
Common Stock, Shares Authorized 300 M shares 0%
Common Stock, Shares, Issued 201 M shares 0%
Common Stock, Par or Stated Value Per Share 0.05 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -19.4 M USD +73%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 119 M USD -14.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 87.6 M USD +93.9%
Operating Lease, Liability 12.3 M USD -34.1%
Depreciation 136 M USD +4.4%
Payments to Acquire Property, Plant, and Equipment 300 M USD +5889%
Lessee, Operating Lease, Liability, to be Paid 14.3 M USD -34%
Operating Lease, Liability, Current 2.63 M USD -52.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.31 M USD -20.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 3.39 M USD -47.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +19.9%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.02 M USD -33.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.81 M USD -16.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.81 M USD 0%
Operating Lease, Payments 36.1 M USD -45.9%
Share-based Payment Arrangement, Expense 300 K USD -50%
Interest Expense 104 M USD +84.3%