Golden Ocean Group Ltd Cash Flow Quality Index
Golden Ocean Group Ltd cash flow quality index. Golden Ocean Group Ltd (GOGL) 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. See Golden Ocean Group Ltd (GOGL) financial flexibility to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Golden Ocean Group Ltd (1997–2024)
Cash flow quality index of Golden Ocean Group Ltd from 1997 to 2024. Historical Cash Flow Quality Index for Golden Ocean Group Ltd across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Golden Ocean Group Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Golden Ocean Group Ltd Cash Flow Quality Index by Year (1997–2024)
Golden Ocean Group Ltd cash flow quality index by year from 1997 to 2024. Year-by-year earnings quality comparison for Golden Ocean Group Ltd. For the full cash flow conversion analysis, see Golden Ocean Group Ltd (GOGL) cash flow conversion.
| Year | Quality Index | Operating CF (USD) | 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 | ▼ -75.0% |
| 2019 | 4.26x | $158.43 Million | $37.19 Million | ▲ +93.1% |
| 2018 | 2.21x | $186.54 Million | $84.53 Million | ▲ +42.0% |
| 2014 | 1.55x | $24.86 Million | $15.99 Million | ▲ +19.1% |
| 2011 | 1.30x | $42.61 Million | $32.65 Million | ▼ -19.5% |
| 2010 | 1.62x | $62.47 Million | $38.56 Million | ▲ +1.6% |
| 2009 | 1.59x | $34.56 Million | $21.68 Million | ▲ +9.9% |
| 2008 | 1.45x | $69.69 Million | $48.05 Million | ▲ +155.3% |
| 2007 | 0.57x | $48.19 Million | $84.84 Million | ▼ -62.2% |
| 2006 | 1.50x | $68.65 Million | $45.72 Million | ▼ -5.9% |
| 2005 | 1.60x | $70.13 Million | $43.97 Million | ▲ +28.5% |
| 2004 | 1.24x | $106.59 Million | $85.84 Million | ▲ +11.3% |
| 2003 | 1.12x | $52.94 Million | $47.46 Million | ▼ -54.7% |
| 2002 | 2.46x | $30.90 Million | $12.55 Million | ▲ +15.1% |
| 2001 | 2.14x | $72.53 Million | $33.92 Million | ▲ +120.1% |
| 2000 | 0.97x | $47.34 Million | $48.72 Million | ▼ -67.2% |
| 1999 | 2.96x | $37.26 Million | $12.57 Million | ▲ +9.2% |
| 1998 | 2.71x | $47.18 Million | $17.39 Million | ▲ +145.1% |
| 1997 | 1.11x | $21.56 Million | $19.48 Million | — |