Golden Ocean Group Ltd Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
-- |
About Golden Ocean Group Ltd
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