Golden Ocean Group Ltd (GOGL) — Capital Reinvestment Ratio
Golden Ocean Group Ltd (GOGL) has a Capital Reinvestment Ratio of 0.32x as of December 2024, meaning it reinvests 0% of its operating cash flow (Nkr71.71 Million) in capital expenditures (Nkr22.84 Million). Check Golden Ocean Group Ltd (GOGL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Golden Ocean Group Ltd Capital Reinvestment Ratio (1997–2024)
This chart tracks Golden Ocean Group Ltd's Capital Reinvestment Ratio across 15 annual periods. For the full cash flow conversion analysis, see GOGL cash flow conversion.
Annual Capital Reinvestment Ratio for Golden Ocean Group Ltd (1997–2024)
Year-by-year Capital Reinvestment Ratio for Golden Ocean Group Ltd from 1997 to 2024. See Golden Ocean Group Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (NOK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.28x | Nkr365.30 Million | Nkr101.45 Million | ▼ -84.5% |
| 2023 | 1.79x | Nkr266.34 Million | Nkr477.54 Million | ▲ +1378.9% |
| 2022 | 0.12x | Nkr503.39 Million | Nkr61.03 Million | ▼ -84.7% |
| 2021 | 0.79x | Nkr560.40 Million | Nkr445.00 Million | ▲ +341.9% |
| 2020 | 0.18x | Nkr140.64 Million | Nkr25.27 Million | ▼ -35.5% |
| 2019 | 0.28x | Nkr158.43 Million | Nkr44.12 Million | ▼ -67.2% |
| 2018 | 0.85x | Nkr186.55 Million | Nkr158.24 Million | ▼ -50.3% |
| 2017 | 1.71x | Nkr93.54 Million | Nkr159.55 Million | ▼ -88.9% |
| 2014 | 15.34x | Nkr24.86 Million | Nkr381.49 Million | ▲ +607.4% |
| 2013 | 2.17x | Nkr12.31 Million | Nkr26.71 Million | ▲ +38.8% |
| 2010 | 1.56x | Nkr62.47 Million | Nkr97.60 Million | ▼ -53.6% |
| 2009 | 3.37x | Nkr34.56 Million | Nkr116.47 Million | ▲ +1215.9% |
| 2008 | 0.26x | Nkr69.69 Million | Nkr17.85 Million | ▼ -63.1% |
| 2007 | 0.69x | Nkr48.19 Million | Nkr33.46 Million | ▼ -96.6% |
| 1997 | 20.40x | Nkr21.56 Million | Nkr439.82 Million | — |