Golden Ocean Group Ltd (GOGL) — 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. Explore cash flow conversion of Golden Ocean Group Ltd to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Golden Ocean Group Ltd Cash Flow Quality Index (1997–2024)
Historical Cash Flow Quality Index for Golden Ocean Group Ltd across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check GOGL cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Golden Ocean Group Ltd (1997–2024)
Year-by-year earnings quality comparison for Golden Ocean Group Ltd. For live market cap and the full company financial profile, see GOGL company net worth.
| 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 | — |