Golden Ocean Group Limited - Asset Resilience Ratio
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. Check strategic asset allocation of Golden Ocean Group Limited to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Golden Ocean Group Limited's Asset Resilience Ratio has changed over time. See debt-free asset ratio of Golden Ocean Group Limited to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see KT31 market cap overview.
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 |
|---|---|---|
|
Hyundai Mipo Dockyard
KO:010620 |
Marine Shipping | 0.82% |
|
ZIM Integrated Shipping Services Ltd
NYSE:ZIM |
Marine Shipping | 6.67% |
|
Vapores
SN:VAPORES |
Marine Shipping | 0.02% |
|
Rizhao Port Co Ltd
SHG:600017 |
Marine Shipping | 0.12% |
|
Nanjing Port Co Ltd
SHE:002040 |
Marine Shipping | 2.79% |
|
Sejin Heavy Industries Co Ltd
KO:075580 |
Marine Shipping | 2.53% |
|
Puerto Ventana
SN:VENTANAS |
Marine Shipping | 0.16% |
|
Jasa Armada Indonesia Tbk PT
JK:IPCM |
Marine Shipping | 14.91% |
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 |
-- |
About Golden Ocean Group Limited
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