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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2023)
This chart shows how Golden Ocean Group Ltd's Asset Resilience Ratio has changed over time. For market capitalisation and broader financial context, see Golden Ocean Group Ltd market cap and net worth.
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. Also explore GOGL total asset value for the complete picture of this company's asset base.
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 |
|---|---|---|
|
Okeanis Eco Tankers Corp
OL:OET |
Marine Shipping | 6.70% |
|
HNA Technology Co Ltd A
SHG:600751 |
Marine Shipping | 0.13% |
|
Sejin Heavy Industries Co Ltd
KO:075580 |
Marine Shipping | 2.53% |
|
Algoma Central Corporation
TO:ALC |
Marine Shipping | 4.72% |
|
Shanghai Ace Invest&Dvlp Co
SHG:603329 |
Marine Shipping | 0.00% |
|
Jiangsu Wanlin Modern Logistic
SHG:603117 |
Marine Shipping | 0.06% |
|
Soechi Lines Tbk
JK:SOCI |
Marine Shipping | 0.12% |
|
Shih Wei Navigation Co Ltd
TW:5608 |
Marine Shipping | 0.36% |
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 |
-- |
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