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 GOGL long-term investment intensity to see how much of total assets are deployed in long-term investments.
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 Golden Ocean Group Ltd (GOGL) tangible net worth to evaluate the tangible quality of the company's equity base.
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 market cap overview.
| 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 | — |