Golden Ocean Group Key Executives
This section highlights Golden Ocean Group's key executives, including their titles and compensation details.
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Golden Ocean Group Earnings
This section highlights Golden Ocean Group's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Date:
May 30, 2025
Time:
Before Market
Est. EPS:
$-0.15
Status:
Unconfirmed
Last Earnings Results
Date:
February 28, 2025
EPS:
$0.20
Est. EPS:
$0.23
Revenue:
$1.99B
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-26 | N/A | N/A |
| Read Transcript | Q3 | 2024 | 2024-11-27 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-28 | $0.29 | $0.31 |
| Read Transcript | Q1 | 2024 | 2024-05-22 | $0.24 | $0.33 |
| Read Transcript | Q4 | 2023 | 2024-02-28 | $0.25 | $0.32 |
| Read Transcript | Q3 | 2023 | 2023-11-21 | $0.09 | $0.08 |
| Read Transcript | Q2 | 2023 | 2023-08-29 | $0.10 | $0.13 |
| Read Transcript | Q1 | 2023 | 2023-05-16 | $-0.02 | $-0.04 |
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.
Industrials
Marine Shipping
$83.56
Stock Price
$16.66B
Market Cap
-
Employees
Hamilton, None
Location
Financial Statements
Access annual & quarterly financial statements for Golden Ocean Group, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|
| Revenue | $885.77M | $1.11B | $1.20B | $607.94M | $705.80M |
| Cost of Revenue | $675.88M | $691.77M | $675.02M | $563.89M | $589.85M |
| Gross Profit | $209.88M | $421.69M | $528.16M | $44.05M | $115.95M |
| Gross Profit Ratio | 23.70% | 37.87% | 43.90% | 7.25% | 16.43% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $18.08M | $20.38M | $18.15M | $13.72M | $14.12M |
| Selling and Marketing Expenses | $600.00K | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $18.68M | $20.38M | $18.15M | $13.72M | $14.12M |
| Other Expenses | $2.59M | $413.00K | $2.01M | $-2.96M | $1.17M |
| Operating Expenses | $21.27M | $20.79M | $20.16M | $10.76M | $15.29M |
| Cost and Expenses | $697.15M | $712.55M | $695.17M | $574.65M | $605.14M |
| Interest Income | $9.66M | $2.35M | $484.00K | $1.19M | $4.43M |
| Interest Expense | $97.82M | $56.25M | $39.91M | $47.48M | $59.55M |
| Depreciation and Amortization | $135.55M | $129.84M | $123.70M | $111.30M | $93.84M |
| EBITDA | $346.18M | $530.74M | $655.15M | $131.08M | $214.05M |
| EBITDA Ratio | 39.08% | 51.57% | 54.45% | 21.56% | 28.45% |
| Operating Income | $188.61M | $435.09M | $513.61M | $19.77M | $100.66M |
| Operating Income Ratio | 21.29% | 39.08% | 42.69% | 3.25% | 14.26% |
| Total Other Income Expenses Net | $-75.80M | $27.14M | $14.00M | $-75.88M | $-63.23M |
| Income Before Tax | $112.81M | $462.23M | $527.61M | $-137.54M | $37.43M |
| Income Before Tax Ratio | 12.74% | 41.51% | 43.85% | -22.62% | 5.30% |
| Income Tax Expense | $541.00K | $379.00K | $389.00K | $131.00K | $237.00K |
| Net Income | $112.27M | $461.85M | $527.22M | $-137.67M | $37.19M |
| Net Income Ratio | 12.67% | 41.48% | 43.82% | -22.65% | 5.27% |
| EPS | $0.56 | $2.30 | $2.74 | $-0.96 | $0.26 |
| EPS Diluted | $0.56 | $2.29 | $2.73 | $-0.96 | $0.26 |
| Weighted Average Shares Outstanding | 200.48M | 200.69M | 192.35M | 143.28M | 143.50M |
| Weighted Average Shares Outstanding Diluted | 200.48M | 201.19M | 192.97M | 143.28M | 143.60M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $260.62M | $250.09M | $246.74M | $254.21M | $221.66M | $213.38M | $196.52M | $249.56M | $282.05M | $316.67M | $265.18M | $381.81M | $387.62M | $275.70M | $158.05M | $168.71M | $185.58M | $116.25M | $137.41M | $244.67M |
| Cost of Revenue | $165.68M | $159.08M | $155.03M | $163.95M | $173.16M | $164.63M | $174.14M | $172.23M | $197.45M | $164.91M | $157.18M | $171.16M | $198.64M | $176.64M | $128.57M | $135.26M | $135.45M | $131.43M | $161.76M | $190.26M |
| Gross Profit | $94.94M | $91.01M | $91.70M | $90.25M | $48.50M | $48.76M | $22.38M | $77.33M | $84.60M | $151.75M | $108.01M | $210.64M | $188.97M | $99.06M | $29.48M | $33.45M | $50.13M | $-15.18M | $-24.35M | $54.41M |
| Gross Profit Ratio | 36.43% | 36.40% | 37.20% | 35.50% | 21.90% | 22.80% | 11.40% | 31.00% | 30.00% | 47.90% | 40.70% | 55.20% | 48.80% | 35.90% | 18.70% | 19.83% | 27.01% | -13.06% | -17.72% | 22.24% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $5.28M | $5.11M | $7.43M | $4.91M | $4.44M | $5.17M | $4.16M | $4.96M | $4.79M | $5.50M | $5.13M | $4.83M | $4.60M | $4.61M | $4.12M | $4.02M | $3.10M | $3.35M | $3.24M | $4.06M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $5.28M | $5.11M | $7.43M | $4.91M | $4.44M | $5.17M | $4.16M | $4.96M | $4.79M | $5.50M | $5.13M | $4.83M | $4.60M | $4.61M | $4.12M | $4.02M | $3.10M | $3.35M | $3.24M | $4.06M |
| Other Expenses | $-4.20M | $- | $- | $- | $- | $- | $- | $- | $- | $86.00K | $413.00K | $-990.00K | $-792.00K | $-2.91M | $-649.00K | $10.48M | $-366.00K | $-2.72M | $-8.21M | $976.00K |
| Operating Expenses | $1.08M | $5.11M | $7.43M | $4.91M | $4.44M | $5.17M | $4.16M | $4.96M | $4.79M | $5.50M | $5.54M | $11.19M | $3.81M | $1.70M | $3.47M | $4.73M | $1.79M | $4.97M | $-742.00K | $8.61M |
| Cost and Expenses | $166.76M | $164.19M | $162.46M | $168.86M | $177.61M | $169.79M | $178.30M | $177.19M | $202.24M | $170.41M | $162.72M | $182.35M | $202.45M | $178.33M | $132.03M | $139.99M | $137.25M | $136.40M | $161.02M | $198.86M |
| Interest Income | $1.47M | $1.66M | $1.96M | $1.29M | $740.00K | $1.17M | $1.51M | $1.33M | $725.00K | $240.00K | $54.00K | $154.00K | $76.00K | $79.00K | $175.00K | $298.00K | $110.00K | $112.00K | $674.00K | $812.00K |
| Interest Expense | $26.96M | $27.01M | $29.18M | $22.82M | $28.80M | $24.18M | $22.01M | $18.96M | $15.13M | $12.11M | $10.04M | $10.51M | $10.85M | $9.66M | $8.89M | $9.65M | $9.91M | $11.55M | $15.10M | $13.08M |
| Depreciation and Amortization | $35.81M | $34.76M | $35.08M | $36.19M | $35.27M | $32.59M | $31.50M | $32.39M | $32.48M | $32.53M | $32.43M | $33.35M | $33.30M | $30.25M | $26.80M | $27.59M | $27.63M | $27.02M | $29.06M | $23.67M |
| EBITDA | $119.16M | $120.66M | $116.55M | $116.93M | $79.36M | $75.64M | $49.71M | $104.76M | $112.29M | $178.79M | $134.90M | $241.85M | $239.50M | $127.55M | $59.29M | $58.10M | $76.65M | $-1.41M | $-116.62M | $71.53M |
| EBITDA Ratio | 45.72% | 48.25% | 47.24% | 46.86% | 35.80% | 38.73% | 28.50% | 45.81% | 42.18% | 60.56% | 56.22% | 63.34% | 59.09% | 47.08% | 34.45% | 34.44% | 39.54% | -1.92% | 0.42% | 29.24% |
| Operating Income | $93.86M | $85.90M | $85.41M | $91.12M | $44.89M | $43.59M | $24.50M | $75.18M | $101.67M | $155.77M | $102.47M | $204.39M | $190.02M | $97.37M | $21.83M | $28.00M | $48.34M | $-20.15M | $-117.84M | $45.81M |
| Operating Income Ratio | 36.01% | 34.35% | 34.61% | 35.84% | 20.25% | 20.43% | 12.47% | 30.12% | 36.05% | 49.19% | 38.64% | 53.53% | 49.02% | 35.32% | 13.81% | 16.60% | 26.05% | -17.34% | -85.76% | 18.72% |
| Total Other Income Expenses Net | $-37.48M | $-23.36M | $-19.97M | $-33.20M | $-16.12M | $-8.67M | $-17.81M | $-6.69M | $2.93M | $8.01M | $22.89M | $-259.00K | $5.33M | $7.16M | $1.77M | $-2.62M | $-9.23M | $-21.09M | $-42.94M | $-4.64M |
| Income Before Tax | $56.38M | $62.54M | $65.44M | $57.92M | $28.76M | $34.92M | $-8.79M | $68.49M | $104.60M | $163.78M | $125.36M | $204.13M | $195.36M | $104.53M | $23.60M | $25.38M | $39.10M | $-41.24M | $-160.78M | $41.17M |
| Income Before Tax Ratio | 21.63% | 25.01% | 26.52% | 22.79% | 12.98% | 16.36% | -4.47% | 27.44% | 37.09% | 51.72% | 47.27% | 53.46% | 50.40% | 37.91% | 14.93% | 15.04% | 21.07% | -35.48% | -117.01% | 16.83% |
| Income Tax Expense | $50.00K | $50.00K | $50.00K | $451.00K | $30.00K | $30.00K | $30.00K | $279.00K | $35.00K | $30.00K | $35.00K | $309.00K | $30.00K | $30.00K | $20.00K | $11.00K | $40.00K | $40.00K | $40.00K | $124.00K |
| Net Income | $56.33M | $62.49M | $65.39M | $57.47M | $28.73M | $34.89M | $-8.82M | $68.21M | $104.56M | $163.75M | $125.32M | $203.82M | $195.33M | $104.50M | $23.58M | $25.37M | $39.06M | $-41.28M | $-160.82M | $41.04M |
| Net Income Ratio | 21.61% | 24.99% | 26.50% | 22.61% | 12.96% | 16.35% | -4.49% | 27.33% | 37.07% | 51.71% | 47.26% | 53.38% | 50.39% | 37.90% | 14.92% | 15.04% | 21.05% | -35.51% | -117.04% | 16.77% |
| EPS | $0.00 | $0.31 | $0.33 | $2.93 | $0.14 | $0.17 | $-0.04 | $0.34 | $0.52 | $0.82 | $0.63 | $1.02 | $0.97 | $0.52 | $0.14 | $0.18 | $0.27 | $-0.29 | $-1.12 | $0.29 |
| EPS Diluted | $0.00 | $0.31 | $0.33 | $2.93 | $0.14 | $0.17 | $-0.04 | $0.34 | $0.52 | $0.81 | $0.62 | $1.01 | $0.97 | $0.52 | $0.14 | $0.18 | $0.27 | $-0.29 | $-1.12 | $0.29 |
| Weighted Average Shares Outstanding | - | 201.59M | 199.67M | 199.63M | 199.41M | 200.25M | 200.43M | 200.77M | 200.89M | 199.69M | 198.93M | 199.82M | 200.42M | 199.40M | 168.42M | 140.94M | 144.67M | 142.35M | 143.59M | 141.53M |
| Weighted Average Shares Outstanding Diluted | - | 200.03M | 199.67M | 199.63M | 199.41M | 200.77M | 200.43M | 200.77M | 200.89M | 202.16M | 202.13M | 201.80M | 201.37M | 200.95M | 168.42M | 140.94M | 144.67M | 142.35M | 143.59M | 141.53M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $116.38M | $134.78M | $197.03M | $153.09M | $88.93M |
| Short Term Investments | $- | $2.19M | $1.68M | $3.68M | $13.86M |
| Cash and Short Term Investments | $116.38M | $134.78M | $197.03M | $153.09M | $88.93M |
| Net Receivables | $95.35M | $81.77M | $98.00M | $64.96M | $109.36M |
| Inventory | $40.89M | $45.43M | $43.38M | $25.16M | $28.23M |
| Other Current Assets | $26.30M | $87.10M | $81.37M | $66.78M | $71.61M |
| Total Current Assets | $278.92M | $299.15M | $369.39M | $284.53M | $273.08M |
| Property Plant Equipment Net | $3.12B | $2.86B | $3.03B | $2.40B | $2.59B |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $58.54M | $65.40M | $41.34M | $16.40M | $21.48M |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $31.25M | $35.83M | $8.95M | $16.23M | $81.90M |
| Total Non-Current Assets | $3.21B | $2.96B | $3.08B | $2.44B | $2.69B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $3.49B | $3.26B | $3.45B | $2.72B | $2.97B |
| Account Payables | $9.52M | $7.14M | $6.46M | $18.40M | $12.40M |
| Short Term Debt | $131.71M | $118.11M | $151.84M | $155.65M | $128.93M |
| Tax Payables | $1.20M | $381.00K | $394.00K | $171.00K | $117.00K |
| Deferred Revenue | $- | $32.80M | $36.15M | $25.94M | $29.77M |
| Other Current Liabilities | $83.75M | $85.99M | $89.37M | $67.45M | $91.92M |
| Total Current Liabilities | $226.19M | $211.63M | $248.07M | $241.68M | $233.37M |
| Long Term Debt | $1.34B | $1.13B | $1.28B | $1.11B | $1.22B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $2.57M | $- | $- | $- | $- |
| Total Non-Current Liabilities | $1.34B | $1.13B | $1.28B | $1.11B | $1.22B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $1.57B | $1.34B | $1.53B | $1.35B | $1.45B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $10.06M | $10.06M | $10.06M | $7.21M | $7.21M |
| Retained Earnings | $339.98M | $328.88M | $160.06M | $-366.72M | $-228.70M |
| Accumulated Other Comprehensive Income Loss | $0 | $- | $- | $- | $- |
| Other Total Stockholders Equity | $1.57B | $1.58B | $1.76B | $1.73B | $1.73B |
| Total Stockholders Equity | $1.92B | $1.92B | $1.93B | $1.37B | $1.51B |
| Total Equity | $1.92B | $1.92B | $1.93B | $1.37B | $1.51B |
| Total Liabilities and Stockholders Equity | $3.49B | $3.26B | $3.45B | $2.72B | $2.97B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $3.49B | $3.26B | $3.45B | $2.72B | $2.97B |
| Total Investments | $58.54M | $67.59M | $43.03M | $20.08M | $35.34M |
| Total Debt | $1.47B | $1.25B | $1.42B | $1.24B | $1.34B |
| Net Debt | $1.35B | $1.11B | $1.22B | $1.09B | $1.25B |
Balance Sheet Charts
| Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $116.20M | $99.45M | $144.66M | $116.38M | $97.52M | $103.90M | $118.42M | $134.78M | $129.27M | $163.98M | $107.36M | $197.03M | $242.37M | $154.66M | $309.11M | $153.09M | $102.68M | $70.33M | $36.50M | $88.93M |
| Short Term Investments | $- | $- | $- | $- | $- | $2.63M | $- | $2.19M | $- | $1.34M | $- | $1.68M | $- | $4.06M | $- | $3.68M | $- | $3.33M | $- | $13.86M |
| Cash and Short Term Investments | $116.20M | $99.45M | $144.66M | $116.38M | $97.52M | $103.90M | $118.42M | $134.78M | $129.27M | $163.98M | $107.36M | $197.03M | $242.37M | $158.71M | $309.11M | $153.09M | $102.68M | $73.66M | $36.50M | $88.93M |
| Net Receivables | $- | $40.78M | $- | $95.35M | $- | $83.58M | $- | $81.77M | $- | $121.23M | $- | $98.00M | $- | $118.42M | $- | $64.96M | $- | $42.10M | $- | $109.36M |
| Inventory | $- | $40.92M | $- | $40.89M | $- | $51.68M | $- | $45.43M | $- | $47.88M | $- | $43.38M | $- | $48.82M | $- | $25.16M | $- | $27.04M | $- | $28.23M |
| Other Current Assets | $190.76M | $104.68M | $169.88M | $76.19M | $183.53M | $73.22M | $161.32M | $87.10M | $195.07M | $191.12M | $191.21M | $81.37M | $206.15M | $84.12M | $175.85M | $66.78M | $148.84M | $147.35M | $192.60M | $71.61M |
| Total Current Assets | $306.96M | $284.48M | $314.54M | $278.92M | $281.05M | $272.78M | $279.74M | $299.15M | $324.35M | $355.11M | $298.57M | $369.39M | $448.52M | $365.16M | $484.96M | $284.53M | $251.52M | $217.69M | $229.10M | $273.08M |
| Property Plant Equipment Net | $3.03B | $3.09B | $3.11B | $3.12B | $3.18B | $3.10B | $2.90B | $2.86B | $2.91B | $2.91B | $2.97B | $3.03B | $3.04B | $3.09B | $2.41B | $2.40B | $2.44B | $2.47B | $2.48B | $2.59B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $1.73M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $1.73M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $52.58M | $- | $58.54M | $- | $58.40M | $- | $65.40M | $- | $60.50M | $- | $41.34M | $- | $19.93M | $- | $16.40M | $- | $18.47M | $- | $21.48M |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $105.33M | $37.68M | $75.25M | $31.25M | $85.44M | $28.65M | $136.12M | $35.83M | $93.47M | $60.53M | $91.87M | $8.95M | $56.38M | $7.29M | $96.26M | $16.23M | $23.80M | $8.41M | $93.26M | $81.90M |
| Total Non-Current Assets | $3.14B | $3.18B | $3.19B | $3.21B | $3.26B | $3.19B | $3.03B | $2.96B | $3.00B | $3.03B | $3.06B | $3.08B | $3.10B | $3.12B | $2.50B | $2.44B | $2.47B | $2.50B | $2.57B | $2.69B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $3.45B | $3.46B | $3.50B | $3.49B | $3.54B | $3.46B | $3.31B | $3.26B | $3.32B | $3.39B | $3.36B | $3.45B | $3.55B | $3.48B | $2.99B | $2.72B | $2.72B | $2.72B | $2.80B | $2.97B |
| Account Payables | $- | $9.42M | $- | $9.52M | $- | $11.22M | $- | $7.14M | $- | $5.24M | $- | $6.46M | $- | $7.18M | $- | $18.40M | $- | $15.87M | $- | $12.40M |
| Short Term Debt | $137.78M | $138.21M | $136.74M | $131.71M | $145.48M | $130.44M | $121.77M | $118.11M | $127.32M | $126.28M | $143.74M | $151.84M | $145.97M | $170.44M | $125.92M | $155.65M | $121.13M | $416.75M | $428.46M | $128.93M |
| Tax Payables | $- | $- | $- | $1.20M | $- | $- | $- | $381.00K | $- | $- | $- | $394.00K | $- | $- | $- | $171.00K | $- | $- | $- | $117.00K |
| Deferred Revenue | $- | $- | $- | $29.07M | $- | $33.45M | $- | $32.80M | $- | $32.40M | $- | $36.15M | $- | $45.34M | $- | $25.94M | $- | $24.31M | $- | $29.77M |
| Other Current Liabilities | $114.65M | $95.76M | $113.92M | $83.75M | $115.12M | $101.67M | $123.07M | $85.99M | $103.19M | $98.70M | $102.64M | $89.37M | $136.36M | $126.63M | $113.10M | $67.45M | $107.15M | $96.99M | $120.88M | $91.92M |
| Total Current Liabilities | $252.43M | $243.38M | $250.66M | $226.19M | $260.60M | $243.33M | $244.84M | $211.63M | $230.51M | $230.22M | $246.38M | $248.07M | $282.33M | $304.25M | $239.03M | $241.68M | $228.28M | $529.61M | $549.34M | $233.37M |
| Long Term Debt | $1.27B | $1.29B | $1.32B | $1.34B | $1.40B | $1.34B | $1.20B | $1.13B | $1.17B | $1.22B | $1.24B | $1.28B | $1.37B | $1.38B | $1.02B | $1.11B | $1.15B | $882.42M | $908.50M | $1.22B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $708.00K | $2.04M | $1.96M | $2.57M | $3.20M | $3.83M | $3.39M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $1.27B | $1.29B | $1.32B | $1.34B | $1.40B | $1.35B | $1.20B | $1.13B | $1.17B | $1.22B | $1.24B | $1.28B | $1.37B | $1.38B | $1.02B | $1.11B | $1.15B | $882.42M | $908.50M | $1.22B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $1.52B | $1.53B | $1.57B | $1.57B | $1.66B | $1.59B | $1.45B | $1.34B | $1.40B | $1.45B | $1.49B | $1.53B | $1.65B | $1.68B | $1.26B | $1.35B | $1.37B | $1.41B | $1.46B | $1.45B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $10.06M | $10.06M | $10.06M | $10.06M | $10.06M | $10.06M | $10.06M | $10.06M | $- | $10.06M | $10.06M | $10.06M | $10.06M | $10.06M | $9.93M | $7.21M | $7.21M | $7.21M | $- | $7.21M |
| Retained Earnings | $341.85M | $345.53M | $343.05M | $339.98M | $302.47M | $294.83M | $279.97M | $328.88M | $- | $346.94M | $285.38M | $160.06M | $-43.76M | $-239.04M | $-343.53M | $-366.72M | $-391.98M | $-431.04M | $- | $-228.70M |
| Accumulated Other Comprehensive Income Loss | $- | $-0 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-458.42M | $- | $- | $- | $-366.04M |
| Other Total Stockholders Equity | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.57B | $1.58B | $1.58B | $1.58B | $1.58B | $1.58B | $1.76B | $1.93B | $2.03B | $2.06B | $1.73B | $1.73B | $1.73B | $1.73B | $1.73B |
| Total Stockholders Equity | $1.93B | $1.93B | $1.93B | $1.92B | $1.88B | $1.88B | $1.87B | $1.92B | $1.92B | $1.94B | $1.87B | $1.93B | $1.90B | $1.80B | $1.73B | $1.37B | $1.34B | $1.30B | $1.35B | $1.51B |
| Total Equity | $1.93B | $1.93B | $1.93B | $1.92B | $1.88B | $1.88B | $1.87B | $1.92B | $1.92B | $1.94B | $1.87B | $1.93B | $1.90B | $1.80B | $1.73B | $1.37B | $1.34B | $1.30B | $1.35B | $1.51B |
| Total Liabilities and Stockholders Equity | $3.45B | $3.46B | $3.50B | $3.49B | $3.54B | $3.46B | $3.31B | $3.26B | $3.32B | $3.39B | $3.36B | $3.45B | $3.55B | $3.48B | $2.99B | $2.72B | $2.72B | $2.72B | $2.80B | $2.97B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $3.45B | $3.46B | $3.50B | $3.49B | $3.54B | $3.46B | $3.31B | $3.26B | $3.32B | $3.39B | $3.36B | $3.45B | $3.55B | $3.48B | $2.99B | $2.72B | $2.72B | $2.72B | $2.80B | $2.97B |
| Total Investments | $- | $52.58M | $- | $58.54M | $- | $61.03M | $- | $67.59M | $- | $61.84M | $- | $43.03M | $- | $23.99M | $- | $20.08M | $- | $21.80M | $- | $35.34M |
| Total Debt | $1.40B | $1.42B | $1.46B | $1.47B | $1.54B | $1.47B | $1.32B | $1.25B | $1.30B | $1.35B | $1.38B | $1.42B | $1.52B | $1.53B | $1.15B | $1.24B | $1.27B | $1.30B | $1.34B | $1.34B |
| Net Debt | $1.29B | $1.32B | $1.31B | $1.35B | $1.44B | $1.37B | $1.20B | $1.11B | $1.17B | $1.18B | $1.28B | $1.22B | $1.27B | $1.38B | $838.66M | $1.09B | $1.16B | $1.23B | $1.30B | $1.25B |
Annual Cash Flow
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|
| Net Income | $112.27M | $461.85M | $527.22M | $-137.67M | $37.19M |
| Depreciation and Amortization | $135.55M | $129.84M | $123.70M | $111.30M | $93.84M |
| Deferred Income Tax | $- | $- | $-50.14M | $119.39M | $-837.00K |
| Stock Based Compensation | $273.00K | $566.00K | $620.00K | $264.00K | $482.00K |
| Change in Working Capital | $3.14M | $12.59M | $-37.43M | $31.19M | $-1.24M |
| Accounts Receivables | $-14.86M | $13.89M | $-6.13M | $22.90M | $-18.24M |
| Inventory | $4.55M | $-2.05M | $-18.22M | $3.07M | $-81.00K |
| Accounts Payables | $-1.22M | $681.00K | $-11.94M | $6.00M | $4.65M |
| Other Working Capital | $14.67M | $70.00K | $-1.13M | $-776.00K | $12.43M |
| Other Non Cash Items | $15.11M | $-101.45M | $-3.58M | $16.16M | $28.99M |
| Net Cash Provided by Operating Activities | $266.34M | $503.39M | $560.40M | $140.64M | $158.43M |
| Investments in Property Plant and Equipment | $-477.54M | $-61.03M | $-445.00M | $-25.27M | $-44.12M |
| Acquisitions Net | $- | $937.00K | $937.00K | $1.69M | $-19.47M |
| Purchases of Investments | $- | $- | $- | $- | $-1.06M |
| Sales Maturities of Investments | $- | $- | $- | $- | $1.06M |
| Other Investing Activities | $95.77M | $132.91M | $54.04M | $4.43M | $-9.46M |
| Net Cash Used for Investing Activities | $-381.77M | $72.82M | $-390.02M | $-19.15M | $-73.05M |
| Debt Repayment | $208.60M | $-171.28M | $-163.16M | $-117.10M | $-236.99M |
| Common Stock Issued | $- | $- | $352.23M | $- | $- |
| Common Stock Repurchased | $-8.36M | $-3.27M | $- | $- | $-5.50M |
| Dividends Paid | $-100.02M | $-471.68M | $-320.69M | $-7.16M | $-46.62M |
| Other Financing Activities | $-4.22M | $-1.92M | $-3.83M | $14.63M | $-5.63M |
| Net Cash Used Provided by Financing Activities | $96.00M | $-648.15M | $-135.46M | $-109.63M | $-294.74M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $-19.44M | $-71.94M | $34.91M | $11.86M | $-209.36M |
| Cash at End of Period | $118.64M | $138.07M | $210.02M | $175.10M | $163.24M |
| Cash at Beginning of Period | $138.07M | $210.02M | $175.10M | $163.24M | $372.60M |
| Operating Cash Flow | $266.34M | $503.39M | $560.40M | $140.64M | $158.43M |
| Capital Expenditure | $-477.54M | $-61.03M | $-445.00M | $-25.27M | $-44.12M |
| Free Cash Flow | $-211.21M | $442.36M | $115.40M | $115.37M | $114.31M |
Cash Flow Charts
| Breakdown | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 | December 31, 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $56.33M | $62.49M | $65.39M | $57.47M | $28.73M | $34.89M | $-8.82M | $68.21M | $104.56M | $163.75M | $125.32M | $203.82M | $195.33M | $104.50M | $23.58M | $25.37M | $39.06M | $-41.28M | $-160.82M | $41.04M |
| Depreciation and Amortization | $35.81M | $35.18M | $35.08M | $36.19M | $35.27M | $32.59M | $31.50M | $32.39M | $32.48M | $32.53M | $32.43M | $33.35M | $33.30M | $30.25M | $26.80M | $27.59M | $27.63M | $27.02M | $29.06M | $23.67M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-2.94M | $-23.48M | $15.42M | $-3.58M | $-11.08M | $-8.86M | $26.64M | $37.12M | $-4.96M | $-13.30M | $-6.27M | $3.33M | $-8.56M | $3.12M | $-35.32M | $25.65M | $-9.92M | $18.06M | $-2.60M | $22.88M |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $-2.94M | $-23.48M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non Cash Items | $11.63M | $2.75M | $1.54M | $6.79M | $-5.53M | $-13.07M | $27.20M | $-12.12M | $-33.40M | $-27.51M | $-27.86M | $-21.34M | $-19.58M | $-3.69M | $-8.48M | $-7.25M | $1.30M | $12.24M | $129.53M | $-3.50M |
| Net Cash Provided by Operating Activities | $100.83M | $76.95M | $115.81M | $96.87M | $47.40M | $45.55M | $76.52M | $125.61M | $98.68M | $155.48M | $123.62M | $219.16M | $200.49M | $134.18M | $6.58M | $71.36M | $58.08M | $16.04M | $-4.83M | $84.10M |
| Investments in Property Plant and Equipment | $-25.19M | $-25.53M | $-27.89M | $-6.47M | $-103.33M | $-228.17M | $-139.57M | $-19.87M | $-25.19M | $-14.57M | $-1.39M | $-38.81M | $-802.00K | $-296.49M | $-108.90M | $-1.11M | $-354.00K | $-7.19M | $-16.62M | $-23.28M |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.69M | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $1.06M |
| Other Investing Activities | $20.79M | $- | $- | $21.17M | $14.80M | $43.56M | $16.24M | $14.34M | $61.74M | $52.42M | $5.35M | $36.36M | $939.00K | $8.16M | $9.52M | $10.00K | $11.00K | $5.36M | $-955.00K | $44.00K |
| Net Cash Used for Investing Activities | $-4.40M | $-25.53M | $-12.19M | $14.70M | $-88.53M | $-184.61M | $-123.33M | $-5.54M | $36.55M | $37.84M | $3.96M | $-2.45M | $137.00K | $-288.33M | $-99.39M | $596.00K | $-343.00K | $-1.83M | $-17.58M | $-22.17M |
| Debt Repayment | $-21.52M | $-33.88M | $-11.69M | $-72.71M | $54.09M | $151.05M | $76.17M | $-40.67M | $-50.77M | $-313.35M | $-41.49M | $-98.75M | $-8.39M | $33.64M | $-89.66M | $-42.30M | $-30.99M | $-38.58M | $-22.73M | $-13.66M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $16.89M | $335.34M | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $-1.00K | $-904.00K | $-6.94M | $-509.00K | $-3.27M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-2.15M |
| Dividends Paid | $-60.01M | $-60.01M | $-59.89M | $-19.96M | $-19.94M | $-20.04M | $-40.09M | $-70.31M | $-120.53M | $-100.44M | $-180.39M | $-170.37M | $-100.22M | $-50.10M | $- | $- | $- | $- | $-7.16M | $-21.49M |
| Other Financing Activities | $-309.00K | $-1.88M | $-3.28M | $- | $291.00K | $-924.00K | $-3.59M | $- | $- | $273.08M | $- | $-34.00K | $-4.37M | $16.89M | $574.00K | $14.63M | $- | $- | $17.50M | $-641.00K |
| Net Cash Used Provided by Financing Activities | $-81.84M | $-95.77M | $-74.85M | $-92.68M | $33.54M | $123.15M | $31.98M | $-114.25M | $-171.30M | $-140.72M | $-221.88M | $-269.15M | $-112.98M | $419.00K | $246.25M | $-27.68M | $-30.99M | $-38.58M | $-12.39M | $-37.95M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $14.59M | $-44.35M | $28.77M | $18.90M | $-7.58M | $-15.92M | $-14.83M | $5.82M | $-36.07M | $52.60M | $-94.30M | $-52.45M | $87.64M | $-153.73M | $153.44M | $44.28M | $26.74M | $-24.36M | $-34.80M | $23.98M |
| Cash at End of Period | $117.65M | $103.06M | $147.41M | $118.64M | $99.74M | $107.32M | $123.24M | $138.07M | $132.25M | $168.32M | $115.72M | $210.02M | $262.46M | $174.82M | $328.55M | $175.10M | $130.83M | $104.08M | $128.45M | $163.24M |
| Cash at Beginning of Period | $103.06M | $147.41M | $118.64M | $99.74M | $107.32M | $123.24M | $138.07M | $132.25M | $168.32M | $115.72M | $210.02M | $262.46M | $174.82M | $328.55M | $175.10M | $130.83M | $104.08M | $128.45M | $163.24M | $139.27M |
| Operating Cash Flow | $100.83M | $76.95M | $115.81M | $96.87M | $47.40M | $45.55M | $76.52M | $125.61M | $98.68M | $155.48M | $123.62M | $219.16M | $200.49M | $134.18M | $6.58M | $71.36M | $58.08M | $16.04M | $-4.83M | $84.10M |
| Capital Expenditure | $-25.19M | $-25.53M | $-27.89M | $-6.47M | $-103.33M | $-228.17M | $-139.57M | $-19.87M | $-25.19M | $-14.57M | $-1.39M | $-38.81M | $-802.00K | $-296.49M | $-108.90M | $-1.11M | $-354.00K | $-7.19M | $-16.62M | $-23.28M |
| Free Cash Flow | $75.64M | $51.42M | $87.92M | $90.41M | $-55.93M | $-182.62M | $-63.06M | $105.73M | $73.49M | $140.90M | $122.23M | $180.35M | $199.68M | $-162.31M | $-102.32M | $70.25M | $57.72M | $8.85M | $-21.45M | $60.82M |
Golden Ocean Group Dividends
Explore Golden Ocean Group's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
13.39%
Dividend Payout Ratio
107.48%
Dividend Paid & Capex Coverage Ratio
1.07x
Golden Ocean Group Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $16.74908 | $16.74908 | March 11, 2025 | March 11, 2025 | March 21, 2025 | |
| $3.34384 | $3.34384 | December 09, 2024 | December 09, 2024 | December 18, 2024 | |
| $3.18565 | $3.18565 | September 11, 2024 | September 11, 2024 | September 20, 2024 | |
| $3.20912 | $3.20912 | June 07, 2024 | June 07, 2024 | June 17, 2024 | |
| $3.19074 | $3.19074 | March 12, 2024 | March 13, 2024 | March 25, 2024 | |
| $1.09005 | $1.09005 | December 05, 2023 | December 06, 2023 | December 13, 2023 | |
| $1.06911 | $1.06911 | September 08, 2023 | September 11, 2023 | September 19, 2023 | |
| $1.1022 | $1.1022 | May 25, 2023 | May 26, 2023 | June 06, 2023 | |
| $2.07911 | $2.07911 | February 27, 2023 | February 28, 2023 | March 13, 2023 | |
| $3.48511 | $3.48511 | November 25, 2022 | November 28, 2022 | December 05, 2022 | November 16, 2022 |
| $5.97224 | $5.97224 | September 06, 2022 | September 07, 2022 | September 14, 2022 | August 25, 2022 |
| $4.70477 | $4.70477 | May 31, 2022 | June 01, 2022 | June 08, 2022 | |
| $8.00055 | $8.00055 | March 02, 2022 | March 03, 2022 | March 10, 2022 | |
| $7.61933 | $7.61933 | December 08, 2021 | December 09, 2021 | December 16, 2021 | |
| $4.33434 | $4.33434 | September 09, 2021 | September 10, 2021 | September 20, 2021 | |
| $2.07939 | $2.07939 | June 02, 2021 | June 03, 2021 | June 10, 2021 | |
| $0.4658 | $0.4658 | March 05, 2020 | March 06, 2020 | March 19, 2020 | February 18, 2020 |
| $1.37205 | $1.37205 | December 02, 2019 | December 03, 2019 | December 18, 2019 | November 21, 2019 |
| $0.90713 | $0.90713 | August 29, 2019 | August 30, 2019 | September 12, 2019 | August 15, 2019 |
| $0.21734 | $0.21734 | June 05, 2019 | June 06, 2019 | June 20, 2019 | May 22, 2019 |
Golden Ocean Group News
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