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
Golden Ocean Group Ltd (GOGL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: -0.002x
Based on the latest financial reports, Golden Ocean Group Ltd (GOGL) 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) by net assets ($1.83 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Golden Ocean Group Ltd - Cash Flow Conversion Efficiency Trend (1997–2024)
This chart illustrates how Golden Ocean Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Golden Ocean Group Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Golden Ocean Group Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
KMDHF
PINK:KMDHF
|
0.091x |
|
Zhejiang Supor Co Ltd
SHE:002032
|
0.153x |
|
Ufuk Yatirim Yonetim Ve Gayrimenkul AS
IS:UFUK
|
-0.002x |
|
Palvella Therapeutics, Inc
NASDAQ:PVLA
|
-0.204x |
|
Sungho Electronics Corp
KQ:043260
|
0.063x |
|
Com7 PCL
BK:COM7
|
0.200x |
|
Wuxi Hyatech Co. Ltd. A
SHG:688510
|
0.071x |
|
Jiangsu Yinhe Electronics Co Ltd
SHE:002519
|
-0.009x |
Annual Cash Flow Conversion Efficiency for Golden Ocean Group Ltd (1997–2024)
The table below shows the annual cash flow conversion efficiency of Golden Ocean Group Ltd from 1997 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $1.90 Billion | $365.30 Million | 0.192x | +38.74% |
| 2023-12-31 | $1.92 Billion | $266.34 Million | 0.139x | -47.22% |
| 2022-12-31 | $1.92 Billion | $503.39 Million | 0.263x | -9.62% |
| 2021-12-31 | $1.93 Billion | $560.40 Million | 0.291x | +182.77% |
| 2020-12-31 | $1.37 Billion | $140.64 Million | 0.103x | -1.85% |
| 2019-12-31 | $1.51 Billion | $158.43 Million | 0.105x | -14.50% |
| 2018-12-31 | $1.52 Billion | $186.54 Million | 0.122x | +93.34% |
| 2017-12-31 | $1.49 Billion | $94.62 Million | 0.063x | +440.29% |
| 2016-12-31 | $1.24 Billion | $-23.05 Million | -0.019x | -45.44% |
| 2015-12-31 | $1.16 Billion | $-14.83 Million | -0.013x | -145.51% |
| 2014-12-31 | $884.27 Million | $24.86 Million | 0.028x | -29.79% |
| 2013-12-31 | $307.44 Million | $12.31 Million | 0.040x | -69.78% |
| 2012-12-31 | $277.69 Million | $36.80 Million | 0.133x | +11.95% |
| 2011-12-31 | $359.93 Million | $42.61 Million | 0.118x | -28.77% |
| 2010-12-31 | $375.90 Million | $62.47 Million | 0.166x | +15.26% |
| 2009-12-31 | $239.71 Million | $34.56 Million | 0.144x | -54.01% |
| 2008-12-31 | $222.31 Million | $69.69 Million | 0.313x | +43.95% |
| 2007-12-31 | $221.28 Million | $48.19 Million | 0.218x | -43.16% |
| 2006-12-31 | $179.19 Million | $68.65 Million | 0.383x | +6.55% |
| 2005-12-31 | $195.03 Million | $70.13 Million | 0.360x | -22.79% |
| 2004-12-31 | $228.87 Million | $106.59 Million | 0.466x | +89.60% |
| 2003-12-31 | $215.53 Million | $52.94 Million | 0.246x | +65.86% |
| 2002-12-31 | $208.64 Million | $30.90 Million | 0.148x | -53.23% |
| 2001-12-31 | $229.08 Million | $72.53 Million | 0.317x | +85.40% |
| 2000-12-31 | $277.22 Million | $47.34 Million | 0.171x | +25.57% |
| 1999-12-31 | $273.98 Million | $37.26 Million | 0.136x | -15.77% |
| 1998-12-31 | $292.19 Million | $47.18 Million | 0.161x | +136.00% |
| 1997-12-31 | $315.16 Million | $21.56 Million | 0.068x | -- |