Golden Ocean Group Limited (KT31) — Cash Flow Quality Index

Latest as of December 2024: 1.84x

Golden Ocean Group Limited (KT31) has a Cash Flow Quality Index of 1.84x as of December 2024. Operating cash flow of €71.71 Million exceeds net income of €39.00 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Golden Ocean Group Limited service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.84x
Operating CF / Net Income

Operating Cash Flow

€71.71 Million
EUR

Net Income

€39.00 Million
EUR

Data as of

Dec 2024
Most recent filing

Golden Ocean Group Limited Cash Flow Quality Index (2021–2024)

Historical Cash Flow Quality Index for Golden Ocean Group Limited across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Golden Ocean Group Limited cash conversion from operations.

Annual Cash Flow Quality Index for Golden Ocean Group Limited (2021–2024)

Year-by-year earnings quality comparison for Golden Ocean Group Limited.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 1.64x €365.30 Million €223.21 Million ▼ -31.0%
2023 2.37x €266.34 Million €112.27 Million ▲ +117.7%
2022 1.09x €503.39 Million €461.85 Million ▲ +2.5%
2021 1.06x €560.40 Million €527.22 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.