Golden Ocean Group Limited

As of March 31, 2025, Golden Ocean Group Limited has 199.40M shares outstanding.

As of March 31, 2025, 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.

As of March 31, 2025, Golden Ocean Group Limited trades at an EV/EBITDA multiple of 8.96 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.40 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 15.51 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Golden Ocean Group Limited trades at an EV/FCF ratio of 7.14, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

As of March 31, 2025, 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.

Over the twelve months ended March 31, 2025, Golden Ocean Group Limited posted a return on equity (ROE) of 37.28, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 5.65 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.30, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 11.68, useful for judging operating efficiency across full business cycles.

These figures cover the twelve months ended March 31, 2025. That works out to an effective tax rate of 0.65, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

Over the twelve months ended March 31, 2025, Golden Ocean Group Limited posted 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.

These figures cover the twelve months ended March 31, 2025. The dividend payout ratio of 184.66 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 20.01, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 17.83, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Golden Ocean Group Limited shareholders.

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

As of March 31, 2025, Golden Ocean Group Limited has an Altman Z-Score of 1.13, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.