Golden Ocean Group Limited (KT31) — Capital Reinvestment Ratio

Latest as of December 2024: 0.32x

Golden Ocean Group Limited (KT31) has a Capital Reinvestment Ratio of 0.32x as of December 2024, meaning it reinvests 0% of its operating cash flow (€71.71 Million) in capital expenditures (€22.84 Million). Check tangible net worth ratio of Golden Ocean Group Limited to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.32x
Capex / Operating Cash Flow

Operating Cash Flow

€71.71 Million
EUR

Capital Expenditures

€22.84 Million
EUR

Data as of

Dec 2024
Most recent filing

Golden Ocean Group Limited Capital Reinvestment Ratio (2020–2024)

This chart tracks Golden Ocean Group Limited's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see Golden Ocean Group Limited cash flow conversion.

Annual Capital Reinvestment Ratio for Golden Ocean Group Limited (2020–2024)

Year-by-year Capital Reinvestment Ratio for Golden Ocean Group Limited from 2020 to 2024. See how much free cash does Golden Ocean Group Limited generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2024 0.28x €365.30 Million €101.45 Million ▼ -84.5%
2023 1.79x €266.34 Million €477.54 Million ▲ +1378.9%
2022 0.12x €503.39 Million €61.03 Million ▼ -84.7%
2021 0.79x €560.40 Million €445.00 Million ▲ +341.9%
2020 0.18x €140.64 Million €25.27 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow