Golden Ocean Group Limited - Asset Resilience Ratio

Latest as of December 2023: 0.00%

Golden Ocean Group Limited (KT31) has an Asset Resilience Ratio of 0.00% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See working capital position of Golden Ocean Group Limited to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

€0.00
≈ $0.00 USD Cash + Short-term Investments

Total Assets

€3.49 Billion
≈ $4.08 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2023)

This chart shows how Golden Ocean Group Limited's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Golden Ocean Group Limited.

Liquid Assets Composition Over Time

This chart breaks down Golden Ocean Group Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore KT31 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents €0.00 0%
Short-term Investments €0.00 0%
Total Liquid Assets €0.00 0.00%

Asset Resilience Insights

  • Limited Liquidity: Golden Ocean Group Limited maintains only 0.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company maintains a balanced mix of cash and short-term investments.

Golden Ocean Group Limited Industry Peers by Asset Resilience Ratio

Compare Golden Ocean Group Limited's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Hafnia Limited
NYSE:HAFN
Marine Shipping 2.73%
ZIM Integrated Shipping Services Ltd.
F:2SV
Marine Shipping 6.68%
Hainan Strait Shipping Co Ltd
SHE:002320
Marine Shipping 0.51%
Dampskibsselskabet Norden AS
CO:DNORD
Marine Shipping 8.63%
BW LPG Limited
F:BW9
Marine Shipping 0.05%
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
Marine Shipping 5.06%
Himalaya Shipping Ltd
OL:HSHP
Marine Shipping 0.01%
Precious Shipping Public Company Limited
BK:PSL
Marine Shipping 0.33%

Annual Asset Resilience Ratio for Golden Ocean Group Limited (2020–2023)

The table below shows the annual Asset Resilience Ratio data for Golden Ocean Group Limited.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% €0.00
≈ $0.00
€3.49 Billion
≈ $4.08 Billion
--
2022-12-31 0.07% €2.19 Million
≈ $2.56 Million
€3.26 Billion
≈ $3.81 Billion
+0.02pp
2021-12-31 0.05% €1.68 Million
≈ $1.97 Million
€3.45 Billion
≈ $4.04 Billion
-0.09pp
2020-12-31 0.14% €3.68 Million
≈ $4.31 Million
€2.72 Billion
≈ $3.18 Billion
--
pp = percentage points

About Golden Ocean Group Limited

F:KT31 Germany Marine Shipping
Market Cap
$1.58 Billion
€1.35 Billion EUR
Market Cap Rank
#7512 Global
#1032 in Germany
Share Price
€6.79
Change (1 day)
+0.00%
52-Week Range
€6.79 - €6.79
All Time High
€13.74
About

Golden Ocean Group Limited owns and operates a fleet of dry bulk vessels. The company also transports bulk commodities, including ores, coal, grains, and fertilizers. Golden Ocean Group Limited was formerly knowns as Knightsbridge Shipping Limited and changed its name to Golden Ocean Group Limited in March 2015. The company incorporated in 1996 and is headquartered in Hamilton, Bermuda. As of Aug… Read more