Golden Ocean Group Limited

GOGL

GOGLGolden Ocean Group Limited US flag

NASDAQ Global Select

12.39

USD

+0.17

(+1.39%)

1.07EPS

11.58P/E

2.48BMarket Cap

Nov 29Next Earn

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CIK

0001029145

ISIN

BMG396372051

CUSIP

G39637205

Return %

Stock

S&P500

54.49

32.58

21.23

32.54

99.20

96.47

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	10.46	7.04	6.64	5.43	5.79	2.7	3.68	4.55	4.92	4.24	6.26	5.55	4.43	4.87
Basic EPS, GAAP	6.16	-10.08	-0.69	0.9	-6.72	-1.34	-0.02	0.59	0.26	-0.96	2.74	2.3	0.56	1.07
Free Cash Flow per Basic Share	8.03	6.95	-2.55	-20.03	-16.25	-3.05	-0.53	0.2	0.8	0.8	0.6	2.2	-1.06	0.87
Dividend per Share	9.21	5.53	3.22	1.63	- -	- -	- -	0.45	0.32	0.05	1.67	2.35	0.5	0.8
Book Value per Share	9.36	-0.71	-1.35	-0.01	-6.7	-3.61	-2.76	-1.81	-1.54	-2.51	0.88	1.69	1.75	1.78
Tangible Book Value per Share	67.85	52.41	54.4	49.68	35.27	13.01	11.95	10.57	10.55	9.54	10.03	9.55	9.61	9.67
Basic Weighted Avg Shares	5	5	6	18	33	95	125	144	144	143	192	201	200	200
Sales/Revenue/Turnover	55	37	38	97	190	257	460	656	706	608	1,203	1,113	886	973
Operating Margin (%)	55.93	26.82	18.18	20.15	-37.6	-27.09	11.18	22.23	14.26	5.48	42.22	36.01	21.59	30.8
Depreciation Expense	23	20	11	20	53	63	78	92	94	111	124	130	136	142
Net Income, GAAP	33	-53	-4	16	-221	-128	-2	85	37	-138	527	462	112	214
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	0.27	0.63	- -	0.07	0.08	0.48	0.27
Profit Margin (%)	58.84	-143.18	-10.4	16.54	-116.09	-49.72	-0.51	12.89	5.27	-22.65	43.82	41.48	12.67	22.01
Working Capital	55	74	97	30	124	256	263	-80	99	43	121	88	53	41
LT Debt	150	107	95	344	926	1,071	1,186	879	1,219	1,111	1,277	1,129	1,338	1,286
Total Equity	360	278	307	884	1,159	1,239	1,494	1,524	1,513	1,369	1,929	1,917	1,922	1,930
Return on Invested Capital (%)	5.94	2.25	1.77	2.39	- -	- -	- -	5.13	3.49	- -	17.04	12.3	5.81	8.92
Return on Capital (%)	16.96	-31.91	-1.1	8.22	- -	- -	- -	15.54	8.71	- -	45.95	32.28	12.32	18.09
Return on Common Equity (%)	56.53	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	181.45	32.59	64.83

Capital Structure

•

in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	47.47%	12.74%	-20.45%
Net Income, GAAP	-692.84%	-219.45%	-75.69%
Free Cash Flow	260.17%	88.06%	-147.75%
Total Cash Common Dividend	- -	846.38%	-78.79%
Total Equity	27.85%	6.07%	0.25%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

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in mil. unless spec.

Quarterly Earnings Per Share

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in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Mr. Peder Carl Gram Simonsen
Full Time Employees: 38
Sector: Industrials
Industry: Marine Shipping
Address: Par-la-Ville Place Hamilton Bermuda HM 08
IPO Date: Feb 7, 1997
CIK: 0001029145
Website: goldenocean.bm
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Business: Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Company News

seekingalpha.com
7 days ago
Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business
globenewswire.com
8 days ago
GOGL – Renewal of share buy-back program
globenewswire.com
a month ago
GOGL - Company Presentation September 2024
benzinga.com
a month ago
Top 3 Industrials Stocks That May Rocket Higher In Q3
seekingalpha.com
a month ago
Golden Ocean Group Limited (GOGL) Q2 2024 Earnings Call Transcript
zacks.com
a month ago
Golden Ocean Group (GOGL) Tops Q2 Earnings and Revenue Estimates
globenewswire.com
a month ago
GOGL – Q2 2024 Presentation
globenewswire.com
a month ago
GOGL – Second Quarter 2024 Results
globenewswire.com
2 months ago
GOGL – Invitation to presentation of Q2 2024 Results
globenewswire.com
2 months ago
GOGL – 2023 Environmental, Social and Governance (ESG) Report
benzinga.com
2 months ago
Wall Street's Most Accurate Analysts Weigh In On 3 Industrials Stocks With Over 4% Dividend Yields
seekingalpha.com
3 months ago
Golden Ocean Group Has Potential For Long-Term Growth
investorplace.com
4 months ago
Portfolio Boosters: 3 Standout Stocks Set to Double This Year
247wallst.com
4 months ago
Want $10,000 In Passive Income? Invest $12,500 Into These 7 Dividend Stocks
zacks.com
4 months ago
Golden Ocean (GOGL) CEO Steps Down, Interim Head Announced
investorplace.com
4 months ago
3 Unnoticed Stocks That Could Make You a Millionaire by 2027
globenewswire.com
4 months ago
GOGL - Transition of Chief Executive Officer
seekingalpha.com
5 months ago
Golden Ocean Group Limited (GOGL) Q1 2024 Earnings Call Transcript
globenewswire.com
5 months ago
GOGL – Q1 2024 Presentation
globenewswire.com
5 months ago
GOGL – First Quarter 2024 Results

Year	Q1	Q2	Q3	Q4	FY
2022	265	317	282	250	1,113
2023	197	213	222	254	886
2024	247	250	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	0.91	0.5	0.6	0.35	2.35
2023	0.18	0.1	0.1	0.1	0.5
2024	0.3	0.3	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	0.63	0.82	0.52	0.34	2.3
2023	-0.04	0.17	0.14	0.29	0.56
2024	0.33	0.31	- -	- -	- -

	Dec'23	Mar'24	Jun'24
Total Current Assets	279	315	284
Accounts Receivable, Net	30	- -	- -
Cash, Cash Equivalents & STI	116	145	99
Inventories	41	- -	- -
Total Current Liabilities	226	251	243
Payables & Accruals	66	- -	- -
ST Debt	132	137	138
Deferred Revenue	29	- -	- -

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	10.46	7.04	6.64	5.43	5.79	2.7	3.68	4.55	4.92	4.24	6.26	5.55	4.43	4.87
Basic EPS, GAAP	6.16	-10.08	-0.69	0.9	-6.72	-1.34	-0.02	0.59	0.26	-0.96	2.74	2.3	0.56	1.07
Free Cash Flow per Basic Share	8.03	6.95	-2.55	-20.03	-16.25	-3.05	-0.53	0.2	0.8	0.8	0.6	2.2	-1.06	0.87
Dividend per Share	9.21	5.53	3.22	1.63	- -	- -	- -	0.45	0.32	0.05	1.67	2.35	0.5	0.8
Book Value per Share	9.36	-0.71	-1.35	-0.01	-6.7	-3.61	-2.76	-1.81	-1.54	-2.51	0.88	1.69	1.75	1.78
Tangible Book Value per Share	67.85	52.41	54.4	49.68	35.27	13.01	11.95	10.57	10.55	9.54	10.03	9.55	9.61	9.67
Basic Weighted Avg Shares	5	5	6	18	33	95	125	144	144	143	192	201	200	200
Sales/Revenue/Turnover	55	37	38	97	190	257	460	656	706	608	1,203	1,113	886	973
Operating Margin (%)	55.93	26.82	18.18	20.15	-37.6	-27.09	11.18	22.23	14.26	5.48	42.22	36.01	21.59	30.8
Depreciation Expense	23	20	11	20	53	63	78	92	94	111	124	130	136	142
Net Income, GAAP	33	-53	-4	16	-221	-128	-2	85	37	-138	527	462	112	214
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	0.27	0.63	- -	0.07	0.08	0.48	0.27
Profit Margin (%)	58.84	-143.18	-10.4	16.54	-116.09	-49.72	-0.51	12.89	5.27	-22.65	43.82	41.48	12.67	22.01
Working Capital	55	74	97	30	124	256	263	-80	99	43	121	88	53	41
LT Debt	150	107	95	344	926	1,071	1,186	879	1,219	1,111	1,277	1,129	1,338	1,286
Total Equity	360	278	307	884	1,159	1,239	1,494	1,524	1,513	1,369	1,929	1,917	1,922	1,930
Return on Invested Capital (%)	5.94	2.25	1.77	2.39	- -	- -	- -	5.13	3.49	- -	17.04	12.3	5.81	8.92
Return on Capital (%)	16.96	-31.91	-1.1	8.22	- -	- -	- -	15.54	8.71	- -	45.95	32.28	12.32	18.09
Return on Common Equity (%)	56.53	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	181.45	32.59	64.83

	Dec'23	Mar'24	Jun'24
ST Debt	132	137	138
LT Borrowings	1,261	1,250	1,220
LT Finance Leases	78	72	66
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	200	200	200
Market Capitalization	1,861	2,463	2,682

Golden Ocean Group Limited

Growth Rates

(avg. rate of change)

Company Description

Company News

Growth Rates

(avg. rate of change)

Quarterly Revenue

Year

Quarterly Dividends Per Share

Year

Quarterly Earnings Per Share

Year

Working Capital

Capital Structure