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. See Golden Ocean Group Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

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. 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	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
Hafnia Limited NYSE:HAFN	Marine Shipping	2.73%
ZIM Integrated Shipping Services Ltd. F:2SV	Marine Shipping	6.68%
Hainan Strait Shipping Co Ltd SHE:002320	Marine Shipping	0.51%
Dampskibsselskabet Norden AS CO:DNORD	Marine Shipping	8.63%
BW LPG Limited F:BW9	Marine Shipping	0.05%
Chang Jiang Shipping Group Phoenix Co Ltd SHE:000520	Marine Shipping	5.06%
Himalaya Shipping Ltd OL:HSHP	Marine Shipping	0.01%
Precious Shipping Public Company Limited BK:PSL	Marine Shipping	0.33%

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

#6660 Global

#52 in Norway

Share Price

Nkr83.25

Change (1 day)

+0.00%

52-Week Range

Nkr83.25 - Nkr83.25

All Time High

Nkr159.03