Golden Ocean Group Ltd - Asset Resilience Ratio

Latest as of June 2024: -0.57%

Golden Ocean Group Ltd (GOGL) has an Asset Resilience Ratio of -0.57% as of June 2024. 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 Golden Ocean Group Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$-19.61 Million

Cash + Short-term Investments

Total Assets

$3.46 Billion

All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2004–2023)

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

Liquid Assets Composition Over Time

This chart breaks down Golden Ocean Group Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore how much of Golden Ocean Group Ltd's assets are long-term investments 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	$-19.61 Million	-0.57%
Total Liquid Assets	$-19.61 Million	-0.57%

Asset Resilience Insights

Limited Liquidity: Golden Ocean Group Ltd maintains only -0.57% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Golden Ocean Group Ltd Industry Peers by Asset Resilience Ratio

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

Company	Industry	Asset Resilience Ratio
Okeanis Eco Tankers Corp. NYSE:ECO	Marine Shipping	9.71%
Santos Brasil Participações S.A SA:STBP3	Marine Shipping	6.74%
Safe Bulkers Inc NYSE:SB	Marine Shipping	6.35%
Precious Shipping Public Company Limited BK:PSL-R	Marine Shipping	0.33%
Puerto Ventana SN:VENTANAS	Marine Shipping	0.16%
Jinzhou Port Co Ltd A SHG:600190	Marine Shipping	0.03%
Jasa Armada Indonesia Tbk PT JK:IPCM	Marine Shipping	14.91%
MERCANTILE PORTS+LOGI.LTD F:9KS0	Marine Shipping	0.14%

Annual Asset Resilience Ratio for Golden Ocean Group Ltd (2004–2023)

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

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	0.00%	$0.00	$3.49 Billion	--
2022-12-31	0.07%	$2.19 Million	$3.26 Billion	+0.02pp
2021-12-31	0.05%	$1.68 Million	$3.45 Billion	-0.09pp
2020-12-31	0.14%	$3.68 Million	$2.72 Billion	-0.33pp
2019-12-31	0.47%	$13.86 Million	$2.97 Billion	+0.06pp
2018-12-31	0.41%	$12.03 Million	$2.95 Billion	-0.16pp
2017-12-31	0.57%	$16.30 Million	$2.87 Billion	+0.29pp
2016-12-31	0.28%	$6.52 Million	$2.36 Billion	-0.39pp
2015-12-31	0.67%	$14.62 Million	$2.18 Billion	+0.39pp
2014-12-31	0.28%	$3.53 Million	$1.26 Billion	-5.73pp
2013-12-31	6.00%	$24.61 Million	$409.86 Million	+3.95pp
2012-12-31	2.06%	$8.18 Million	$397.42 Million	-4.34pp
2011-12-31	6.39%	$33.33 Million	$521.22 Million	-3.62pp
2010-12-31	10.02%	$54.30 Million	$541.95 Million	+7.35pp
2009-12-31	2.67%	$10.00 Million	$374.95 Million	-2.36pp
2008-12-31	5.03%	$16.67 Million	$331.69 Million	+2.10pp
2007-12-31	2.92%	$10.00 Million	$342.17 Million	+2.42pp
2006-12-31	0.50%	$1.52 Million	$301.50 Million	+0.28pp
2005-12-31	0.22%	$711.00K	$323.16 Million	-2.52pp
2004-12-31	2.74%	$10.00 Million	$365.55 Million	--

pp = percentage points

About Golden Ocean Group Ltd

NASDAQ:GOGL USA Marine Shipping

Market Cap

$1.59 Billion

Market Cap Rank

#7025 Global

#2177 in USA

Share Price

$7.98

Change (1 day)

+0.00%

52-Week Range

$7.98 - $7.98

All Time High

$15.01