Golden Ocean Group Ltd Asset Resilience Ratio

Latest as of December 2023: 0.00%

Golden Ocean Group Ltd asset resilience ratio. Golden Ocean Group Ltd (GOGL) 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 GOGL defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Liquid Assets

Nkr0.00
≈ $0.00 USD Cash + Short-term Investments

Total Assets

Nkr3.49 Billion
≈ $367.15 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Golden Ocean Group Ltd (2015–2023)

Asset resilience ratio of Golden Ocean Group Ltd from 2015 to 2023. This chart shows how Golden Ocean Group Ltd's Asset Resilience Ratio has changed over time. Read GOGL liabilities breakdown for a breakdown of total debt and financial obligations.

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 the complete balance sheet picture, see total assets of Golden Ocean Group Ltd.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Nkr0.00 0%
Short-term Investments Nkr0.00 0%
Total Liquid Assets Nkr0.00 0.00%

Asset Resilience Insights

  • Limited Liquidity: Golden Ocean Group Ltd 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 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
HAPAG-LLOYD UNSP.ADR 1/2
F:HLAA
Marine Shipping 6.77%
Hainan Strait Shipping Co Ltd
SHE:002320
Marine Shipping 0.51%
Vapores
SN:VAPORES
Marine Shipping 0.02%
Attica Holdings S.A.
AT:ATTICA
Marine Shipping 0.11%
StealthGas Inc
F:S6W
Marine Shipping 0.00%
HNA Technology Co Ltd B
SHG:900938
Marine Shipping 0.03%
Buana Listya Tama Tbk PT
JK:BULL
Marine Shipping 0.17%
Habco Trans Maritima
JK:HATM
Marine Shipping 4.15%

Golden Ocean Group Ltd Asset Resilience Ratio by Year (2015–2023)

Golden Ocean Group Ltd asset resilience ratio by year from 2015 to 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% Nkr0.00
≈ $0.00
Nkr3.49 Billion
≈ $367.15 Million
--
2022-12-31 0.07% Nkr2.19 Million
≈ $230.14K
Nkr3.26 Billion
≈ $342.76 Million
+0.02pp
2021-12-31 0.05% Nkr1.68 Million
≈ $177.21K
Nkr3.45 Billion
≈ $363.48 Million
-0.09pp
2020-12-31 0.14% Nkr3.68 Million
≈ $387.66K
Nkr2.72 Billion
≈ $286.33 Million
-0.33pp
2019-12-31 0.47% Nkr13.86 Million
≈ $1.46 Million
Nkr2.97 Billion
≈ $312.11 Million
+0.06pp
2018-12-31 0.41% Nkr12.03 Million
≈ $1.27 Million
Nkr2.95 Billion
≈ $310.57 Million
-0.16pp
2017-12-31 0.57% Nkr16.30 Million
≈ $1.72 Million
Nkr2.87 Billion
≈ $302.01 Million
+0.29pp
2016-12-31 0.28% Nkr6.52 Million
≈ $686.51K
Nkr2.36 Billion
≈ $248.51 Million
-0.39pp
2015-12-31 0.67% Nkr14.62 Million
≈ $1.54 Million
Nkr2.18 Billion
≈ $229.26 Million
--
pp = percentage points

About Golden Ocean Group Ltd

OL:GOGL Norway Marine Shipping
Market Cap
$1.75 Billion
Nkr16.60 Billion NOK
Market Cap Rank
#6369 Global
#51 in Norway
Share Price
Nkr83.25
Change (1 day)
+0.00%
52-Week Range
Nkr83.25 - Nkr83.25
All Time High
Nkr159.03
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