Golden Ocean Group Ltd (GOGL) — Defensive Interval Ratio
Golden Ocean Group Ltd (GOGL) has a Defensive Interval Ratio of 158 days as of December 2024. Defensive assets of $101.38 Million (cash $-, short-term investments $-, receivables $101.38 Million) cover 158 days of daily cash needs of $642.17K/day. Check tangible equity quality of Golden Ocean Group Ltd to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Golden Ocean Group Ltd Defensive Interval Ratio (1997–2024)
This chart shows how Golden Ocean Group Ltd's Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2024. As of December 2024, the ratio stands at 158 days, meaning defensive assets of $101.38 Million can fund 158 days of operations without new revenue. Also explore Golden Ocean Group Ltd (GOGL) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Golden Ocean Group Ltd (1997–2024)
The table below presents the year-by-year Defensive Interval Ratio for Golden Ocean Group Ltd from 1997 to 2024, covering 28 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 Ltd stock valuation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 158 days | $101.38 Million | $642.17K/day | $- | $- | ▼ -21 days |
| 2023 | 178 days | $110.59 Million | $619.70K/day | $- | $0.00 | ▲ +124 days |
| 2022 | 55 days | $31.83 Million | $579.80K/day | $- | $2.19 Million | ▼ -11 days |
| 2021 | 66 days | $45.00 Million | $679.65K/day | $- | $1.68 Million | ▲ +7 days |
| 2020 | 60 days | $39.49 Million | $662.12K/day | $- | $3.68 Million | ▼ -62 days |
| 2019 | 121 days | $77.46 Million | $639.36K/day | $- | $13.86 Million | ▲ +54 days |
| 2018 | 68 days | $100.27 Million | $1.48 Million/day | $- | $12.03 Million | ▼ -12 days |
| 2017 | 80 days | $39.66 Million | $497.88K/day | $- | $16.30 Million | ▼ -428 days |
| 2016 | 507 days | $60.60 Million | $119.47K/day | $- | $6.52 Million | ▲ +253 days |
| 2015 | 254 days | $79.57 Million | $312.86K/day | $- | $14.62 Million | ▲ +124 days |
| 2014 | 130 days | $11.50 Million | $88.15K/day | $- | $3.53 Million | ▼ -1289 days |
| 2013 | 1420 days | $28.85 Million | $20.32K/day | $- | $24.61 Million | ▲ +1008 days |
| 2012 | 412 days | $12.97 Million | $31.50K/day | $- | $8.18 Million | ▼ -1053 days |
| 2011 | 1464 days | $44.73 Million | $30.54K/day | $- | $33.33 Million | ▼ -242 days |
| 2010 | 1707 days | $57.56 Million | $33.73K/day | $- | $54.30 Million | ▲ +1515 days |
| 2009 | 192 days | $15.10 Million | $78.67K/day | $- | $10.00 Million | ▲ +44 days |
| 2008 | 148 days | $19.86 Million | $133.97K/day | $- | $16.67 Million | ▼ -275 days |
| 2007 | 423 days | $20.68 Million | $48.90K/day | $- | $10.00 Million | ▲ +262 days |
| 2006 | 161 days | $10.72 Million | $66.60K/day | $- | $1.52 Million | ▼ -22 days |
| 2005 | 183 days | $9.48 Million | $51.85K/day | $- | $711.00K | ▼ -352 days |
| 2004 | 534 days | $23.84 Million | $44.61K/day | $- | $10.00 Million | ▲ +16 days |
| 2003 | 519 days | $22.63 Million | $43.61K/day | $- | $- | ▼ -1167 days |
| 2002 | 1686 days | $10.15 Million | $6.02K/day | $- | $- | ▼ -77 days |
| 2001 | 1763 days | $10.52 Million | $5.96K/day | $- | $- | ▼ -3584 days |
| 2000 | 5347 days | $31.12 Million | $5.82K/day | $- | $- | ▲ +4234 days |
| 1999 | 1113 days | $11.86 Million | $10.65K/day | $- | $- | ▲ +426 days |
| 1998 | 687 days | $16.99 Million | $24.73K/day | $- | $- | ▼ -199 days |
| 1997 | 886 days | $22.10 Million | $24.94K/day | $- | $- | — |