Golden Ocean Group Limited (KT31) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Golden Ocean Group Limited (KT31) has a cash flow conversion efficiency ratio of -0.002x as of March 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-3.33 Million ≈ $-3.89 Million USD) by net assets (€1.83 Billion ≈ $2.13 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Golden Ocean Group Limited (KT31) total market value for the company's overall valuation and market capitalisation.
Golden Ocean Group Limited - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Golden Ocean Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Golden Ocean Group Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Ocean Group Limited ranked by their cash flow conversion efficiency. Explore Golden Ocean Group Limited (KT31) cash flow quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Visionox Technology Inc
SHE:002387
|
0.139x |
|
Eaglerise Electric & Electronic China Co Ltd Class A
SHE:002922
|
0.038x |
|
Ennostar Inc
TW:3714
|
0.016x |
|
REX American Resources Corporation
NYSE:REX
|
-0.003x |
|
Schrodinger Inc
NASDAQ:SDGR
|
0.194x |
|
United Fire Group Inc
NASDAQ:UFCS
|
0.035x |
|
Kernel Holding SA
F:0KE
|
-0.080x |
|
CLEARWAY ENERGY A NDL-01
F:NY4B
|
0.072x |
Annual Cash Flow Conversion Efficiency for Golden Ocean Group Limited (2020–2024)
The table below shows the annual cash flow conversion efficiency of Golden Ocean Group Limited from 2020 to 2024. View latest Golden Ocean Group Limited stock price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €1.90 Billion ≈ $2.22 Billion |
€365.30 Million ≈ $427.07 Million |
0.192x | +38.74% |
| 2023-12-31 | €1.92 Billion ≈ $2.25 Billion |
€266.34 Million ≈ $311.38 Million |
0.139x | -47.22% |
| 2022-12-31 | €1.92 Billion ≈ $2.24 Billion |
€503.39 Million ≈ $588.51 Million |
0.263x | -9.62% |
| 2021-12-31 | €1.93 Billion ≈ $2.25 Billion |
€560.40 Million ≈ $655.16 Million |
0.291x | +182.77% |
| 2020-12-31 | €1.37 Billion ≈ $1.60 Billion |
€140.64 Million ≈ $164.42 Million |
0.103x | -- |
About Golden Ocean Group Limited
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