Golden Ocean Group Limited Cash Flow Conversion Efficiency
Golden Ocean Group Limited 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.
Cash Flow Conversion Efficiency of Golden Ocean Group Limited (2020–2024)
Cash flow conversion efficiency of Golden Ocean Group Limited from 2020 to 2024. This chart illustrates how Golden Ocean Group Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Golden Ocean Group Limited stock price today for real-time trading data and today's change.
Golden Ocean Group Limited Cash Flow Conversion Ratio Explained
Golden Ocean Group Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market cap of Golden Ocean Group Limited for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jinan Acetate Chemical Co Ltd
TW:4763
|
0.043x |
|
Liontown Resources Ltd
AU:LTR
|
-0.071x |
|
Faes Farma SA
MC:FAE
|
0.056x |
|
The Jammu & Kashmir Bank Limited
NSE:J&KBANK
|
-0.278x |
|
Schrodinger Inc
NASDAQ:SDGR
|
0.194x |
|
Hangzhou Kelin Electric Co. Ltd. A
SHG:688611
|
0.018x |
|
Shanghai Qiangsheng Holding Co Ltd
SHG:600662
|
0.122x |
|
Kernel Holding SA
F:0KE
|
-0.080x |
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. Review KT31 FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| 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