Golden Ocean Group Ltd - Asset Resilience Ratio

Latest as of December 2023: 0.00%

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.

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 Trend (2015–2023)

This chart shows how Golden Ocean Group Ltd's Asset Resilience Ratio has changed over time. Check GOGL strategic asset allocation to assess the company's strategic physical and investment asset allocation.

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 Golden Ocean Group Ltd market capitalisation.

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
HMM Co Ltd
KO:011200
Marine Shipping 38.98%
Vapores
SN:VAPORES
Marine Shipping 0.02%
Hainan Strait Shipping Co Ltd
SHE:002320
Marine Shipping 0.51%
Rizhao Port Co Ltd
SHG:600017
Marine Shipping 0.12%
Chongqing Gangjiu Co Ltd
SHG:600279
Marine Shipping 0.01%
MPC Container Ships ASA
OL:MPCC
Marine Shipping 27.09%
Grupo Empresas Navieras SA
SN:NAVIERA
Marine Shipping 0.29%
GTS Internasional Tbk PT
JK:GTSI
Marine Shipping 5.43%

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

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
#6536 Global
#50 in Norway
Share Price
Nkr83.25
Change (1 day)
+1.15%
52-Week Range
Nkr81.00 - Nkr91.25
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