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 Nkr71.71 Million exceeds net income of Nkr39.00 Million, indicating high earnings quality where cash backs reported profits. Explore GOGL debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
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. See Golden Ocean Group Ltd balance sheet quality to measure how much of total assets are equity-financed.
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 conversion ratio.
| Year | Quality Index | Operating CF (NOK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.64x | Nkr365.30 Million | Nkr223.21 Million | ▼ -31.0% |
| 2023 | 2.37x | Nkr266.34 Million | Nkr112.27 Million | ▲ +117.7% |
| 2022 | 1.09x | Nkr503.39 Million | Nkr461.85 Million | ▲ +2.5% |
| 2021 | 1.06x | Nkr560.40 Million | Nkr527.22 Million | ▼ -75.0% |
| 2019 | 4.26x | Nkr158.43 Million | Nkr37.19 Million | ▲ +93.1% |
| 2018 | 2.21x | Nkr186.55 Million | Nkr84.53 Million | ▲ +42.0% |
| 2014 | 1.55x | Nkr24.86 Million | Nkr15.99 Million | ▲ +19.1% |
| 2011 | 1.30x | Nkr42.61 Million | Nkr32.65 Million | ▼ -19.5% |
| 2010 | 1.62x | Nkr62.47 Million | Nkr38.56 Million | ▲ +1.6% |
| 2009 | 1.59x | Nkr34.56 Million | Nkr21.68 Million | ▲ +9.9% |
| 2008 | 1.45x | Nkr69.69 Million | Nkr48.05 Million | ▲ +155.3% |
| 2007 | 0.57x | Nkr48.19 Million | Nkr84.84 Million | ▼ -62.2% |
| 2006 | 1.50x | Nkr68.65 Million | Nkr45.72 Million | ▼ -5.9% |
| 2005 | 1.60x | Nkr70.13 Million | Nkr43.97 Million | ▲ +28.5% |
| 2004 | 1.24x | Nkr106.59 Million | Nkr85.84 Million | ▲ +11.3% |
| 2003 | 1.12x | Nkr52.94 Million | Nkr47.46 Million | ▼ -54.7% |
| 2002 | 2.46x | Nkr30.90 Million | Nkr12.55 Million | ▲ +15.1% |
| 2001 | 2.14x | Nkr72.53 Million | Nkr33.92 Million | ▲ +120.1% |
| 2000 | 0.97x | Nkr47.34 Million | Nkr48.72 Million | ▼ -67.2% |
| 1999 | 2.96x | Nkr37.26 Million | Nkr12.57 Million | ▲ +9.2% |
| 1998 | 2.71x | Nkr47.18 Million | Nkr17.39 Million | ▲ +145.1% |
| 1997 | 1.11x | Nkr21.56 Million | Nkr19.48 Million | — |