Golden Ocean Group Limited (KT31) — Defensive Interval Ratio
Golden Ocean Group Limited (KT31) has a Defensive Interval Ratio of 40 days as of December 2024. Defensive assets of €25.48 Million (cash €-, short-term investments €-, receivables €25.48 Million) cover 40 days of daily cash needs of €642.17K/day. See KT31 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Golden Ocean Group Limited Defensive Interval Ratio (2020–2024)
This chart shows how Golden Ocean Group Limited's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of December 2024, the ratio stands at 40 days, meaning defensive assets of €25.48 Million can fund 40 days of operations without new revenue. See KT31 equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Golden Ocean Group Limited (2020–2024)
The table below presents the year-by-year Defensive Interval Ratio for Golden Ocean Group Limited from 2020 to 2024, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Golden Ocean Group Limited market cap and net worth.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 40 days | €25.48 Million | €642.17K/day | €- | €- | ▼ -8 days |
| 2023 | 48 days | €29.81 Million | €619.70K/day | €- | €0.00 | ▲ +19 days |
| 2022 | 30 days | €17.14 Million | €579.80K/day | €- | €2.19 Million | ▼ -15 days |
| 2021 | 45 days | €30.52 Million | €679.65K/day | €- | €1.68 Million | ▲ +5 days |
| 2020 | 40 days | €26.39 Million | €662.12K/day | €- | €3.68 Million | — |