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. Check GOGL capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

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. See GOGL net asset quality index to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see GOGL market cap overview.

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
Vapores SN:VAPORES	Marine Shipping	0.02%
Wisdom Marine Lines Co Ltd TW:2637	Marine Shipping	0.40%
Nanjing Port Co Ltd SHE:002040	Marine Shipping	2.79%
Shang Hai Ya Tong Co Ltd SHG:600692	Marine Shipping	0.02%
MERCANTILE PORTS+LOGI.LTD F:9KS0	Marine Shipping	0.14%
Westshore Terminals Investment Corp TO:WTE	Marine Shipping	4.92%
Wellard Ltd AU:WLD	Marine Shipping	6.94%
Santos Brasil Participações S.A SA:STBP3	Marine Shipping	6.74%

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

#7145 Global

#2116 in USA

Share Price

$7.98

Change (1 day)

-2.68%

52-Week Range

$7.32 - $8.99

All Time High

$15.01