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Golden Ocean Group Limited

Golden Ocean Group Limited

GOGL.OL
Golden Ocean Group LimitedNO flagOslo Stock Exchange
83.25
NOK
- -
- -
16.60BMarket Cap

Total Valuation

Golden Ocean Group Limited carries a market capitalization of 16.60B, placing it among publicly traded companies globally. Its enterprise value stands at 2.94B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap16.60B
Enterprise Value2.94B

Share Statistics

Golden Ocean Group Limited currently has 199.40M shares outstanding.

Shares Outstanding199.40M
Owned by Insiders (%)N/A
Owned by Institutions (%)N/A

Valuation Ratios

Golden Ocean Group Limited trades at a trailing price-to-earnings ratio of 14.05. The price-to-sales ratio is 1.85, and the price-to-book ratio stands at 6.22.

PE Ratio14.05
PS Ratio1.85
PB Ratio6.22
P/TBV Ratio0.88
P/FCF Ratio5.00
P/OCF Ratio6.49

Enterprise Valuation

On an enterprise value basis, Golden Ocean Group Limited trades at an EV/EBITDA multiple of 8.96 and an EV/FCF ratio of 7.14. The EV/Sales ratio of 3.40 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 15.51 provides insight into valuation relative to core operating earnings.

EV / Sales3.40
EV / EBITDA8.96
EV / EBIT15.51
EV / FCF7.14

Financial Position

Golden Ocean Group Limited maintains a current ratio of 0.81, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 79.13, indicating elevated leverage, while an interest coverage ratio of 3.56 demonstrates adequate ability to service its debt obligations.

Current Ratio0.81
Quick Ratio0.30
Debt / Equity79.13
Debt / EBITDA4.41
Interest Coverage3.56

Financial Efficiency

Golden Ocean Group Limited posts a return on equity of 37.28 and a return on invested capital of 5.65.

Return on Equity (ROE)37.28
Return on Assets (ROA)3.30
Return on Invested Capital (ROIC)5.65
Return on Capital Employed (ROCE)11.68
Revenue Per EmployeeN/A
Employee CountN/A
Inventory TurnoverN/A

Taxes

Over the trailing twelve months, Golden Ocean Group Limited has paid 743,000.00 in income taxes, reflecting an effective tax rate of 0.65.

Income Tax743,000.00
Effective Tax Rate0.65

Stock Price Statistics

Golden Ocean Group Limited's stock has declined approximately -34.44882% over the past 52 weeks. The 50-day moving average sits at 82.37, while the 200-day moving average is 92.71.

Beta (5Y)N/A
52-Week Price Change-34.44882%
50-Day Moving Average82.37
200-Day Moving Average92.71
Average Volume (20 Days)N/A

Income Statement

Over the trailing twelve months, Golden Ocean Group Limited generated 863.61M in revenue and converted that into 113.69M in net income, yielding earnings per share of 0.57. EBITDA reached 327.76M, while operating income came in at 189.29M.

Revenue863.61M
Gross Profit211.52M
Operating Income189.29M
Pretax Income114.43M
Net Income113.69M
EBITDA327.76M
EBIT189.29M
Earnings Per Share (EPS)0.57

Balance Sheet

Golden Ocean Group Limited holds 106.71M in cash and equivalents against 1.44B in total debt, resulting in a net debt position of 1.22B. Total book value stands at 256.86M, with working capital of -66.11M providing operational flexibility.

Cash & Cash Equivalents106.71M
Total Debt1.44B
Net Debt1.22B
Equity (Book Value)256.86M
Book Value Per Share1.29
Working Capital-66.11M

Cash Flow

Golden Ocean Group Limited produced 246.16M in operating cash flow over the past twelve months. After subtracting -73.56M in capital expenditures, free cash flow totaled 172.61M - equivalent to 0.86 per share.

Operating Cash Flow246.16M
Capital Expenditures-73.56M
Free Cash Flow172.61M
FCF Per Share0.86

Margins

Golden Ocean Group Limited operates with a gross margin of 24.49, reflecting its pricing power and cost economics. The operating margin of 21.92 and net profit margin of 13.16 provide insight into operational efficiency.

Gross Margin24.49
Operating Margin21.92
Pretax Margin13.25
Profit Margin13.16
EBITDA Margin37.95

Dividends & Yields

The company's payout ratio of 184.66 indicates the proportion of earnings distributed to shareholders.

Dividend Per Share1.05
Dividend YieldN/A
Payout Ratio184.66
Shareholder Yield17.83
FCF Yield20.01

Stock Splits

Golden Ocean Group Limited's most recent stock split took place on August 1, 2016 with a 5:1 split ratio.

Last Split Date8/1/2016
Split Ratio5:1

Scores

Golden Ocean Group Limited posts an Altman Z-Score of 1.13, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.13