Golden Ocean Group Ltd (GOGL) — Cash Flow-to-Debt Ratio
Golden Ocean Group Ltd (GOGL) has a Cash Flow-to-Debt Ratio of 0.00x as of March 2025, meaning its operating cash flow of Nkr-3.33 Million could theoretically repay 0% of its total liabilities (Nkr1.57 Billion) in one year. See GOGL free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Golden Ocean Group Ltd Cash Flow-to-Debt Ratio (1997–2024)
Historical debt coverage capacity for Golden Ocean Group Ltd across 28 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Golden Ocean Group Ltd.
Annual Cash Flow-to-Debt Ratio for Golden Ocean Group Ltd (1997–2024)
Year-by-year debt coverage analysis for Golden Ocean Group Ltd. Check GOGL cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (NOK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.25x | Nkr365.30 Million | Nkr1.48 Billion | ▲ +45.3% |
| 2023 | 0.17x | Nkr266.34 Million | Nkr1.57 Billion | ▼ -54.8% |
| 2022 | 0.38x | Nkr503.39 Million | Nkr1.34 Billion | ▲ +2.2% |
| 2021 | 0.37x | Nkr560.40 Million | Nkr1.53 Billion | ▲ +253.2% |
| 2020 | 0.10x | Nkr140.64 Million | Nkr1.35 Billion | ▼ -4.6% |
| 2019 | 0.11x | Nkr158.43 Million | Nkr1.45 Billion | ▼ -16.5% |
| 2018 | 0.13x | Nkr186.55 Million | Nkr1.43 Billion | ▲ +92.2% |
| 2017 | 0.07x | Nkr93.54 Million | Nkr1.38 Billion | ▲ +431.1% |
| 2016 | -0.02x | Nkr-23.05 Million | Nkr1.12 Billion | ▼ -41.2% |
| 2015 | -0.01x | Nkr-14.83 Million | Nkr1.02 Billion | ▼ -122.1% |
| 2014 | 0.07x | Nkr24.86 Million | Nkr378.47 Million | ▼ -45.4% |
| 2013 | 0.12x | Nkr12.31 Million | Nkr102.42 Million | ▼ -60.9% |
| 2012 | 0.31x | Nkr36.80 Million | Nkr119.73 Million | ▲ +16.3% |
| 2011 | 0.26x | Nkr42.61 Million | Nkr161.29 Million | ▼ -29.8% |
| 2010 | 0.38x | Nkr62.47 Million | Nkr166.05 Million | ▲ +47.2% |
| 2009 | 0.26x | Nkr34.56 Million | Nkr135.24 Million | ▼ -59.9% |
| 2008 | 0.64x | Nkr69.69 Million | Nkr109.38 Million | ▲ +59.8% |
| 2007 | 0.40x | Nkr48.19 Million | Nkr120.89 Million | ▼ -29.0% |
| 2006 | 0.56x | Nkr68.65 Million | Nkr122.31 Million | ▲ +2.6% |
| 2005 | 0.55x | Nkr70.13 Million | Nkr128.13 Million | ▼ -29.8% |
| 2004 | 0.78x | Nkr106.59 Million | Nkr136.68 Million | ▲ +95.8% |
| 2003 | 0.40x | Nkr52.94 Million | Nkr132.92 Million | ▲ +79.4% |
| 2002 | 0.22x | Nkr30.90 Million | Nkr139.19 Million | ▼ -58.0% |
| 2001 | 0.53x | Nkr72.53 Million | Nkr137.13 Million | ▲ +42.5% |
| 2000 | 0.37x | Nkr47.34 Million | Nkr127.52 Million | ▲ +28.8% |
| 1999 | 0.29x | Nkr37.26 Million | Nkr129.28 Million | ▼ -16.9% |
| 1998 | 0.35x | Nkr47.18 Million | Nkr136.11 Million | ▲ +129.7% |
| 1997 | 0.15x | Nkr21.56 Million | Nkr142.91 Million | — |