Golden Ocean Group Ltd (GOGL) — Defensive Interval Ratio
Golden Ocean Group Ltd (GOGL) has a Defensive Interval Ratio of 40 days as of December 2024. Defensive assets of Nkr25.48 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr25.48 Million) cover 40 days of daily cash needs of Nkr642.17K/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 40 days, meaning defensive assets of Nkr25.48 Million can fund 40 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 (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 40 days | Nkr25.48 Million | Nkr642.17K/day | Nkr- | Nkr- | ▼ -8 days |
| 2023 | 48 days | Nkr29.81 Million | Nkr619.70K/day | Nkr- | Nkr0.00 | ▲ +19 days |
| 2022 | 30 days | Nkr17.14 Million | Nkr579.80K/day | Nkr- | Nkr2.19 Million | ▼ -93 days |
| 2021 | 123 days | Nkr83.59 Million | Nkr679.65K/day | Nkr- | Nkr1.68 Million | ▲ +18 days |
| 2020 | 105 days | Nkr69.21 Million | Nkr662.12K/day | Nkr- | Nkr3.68 Million | ▼ -94 days |
| 2019 | 199 days | Nkr127.09 Million | Nkr639.36K/day | Nkr- | Nkr13.86 Million | ▲ +131 days |
| 2018 | 68 days | Nkr100.27 Million | Nkr1.48 Million/day | Nkr- | Nkr12.03 Million | ▼ -131 days |
| 2017 | 198 days | Nkr98.63 Million | Nkr497.88K/day | Nkr- | Nkr16.30 Million | ▼ -319 days |
| 2016 | 517 days | Nkr61.71 Million | Nkr119.45K/day | Nkr- | Nkr6.52 Million | ▲ +154 days |
| 2015 | 363 days | Nkr79.57 Million | Nkr219.27K/day | Nkr- | Nkr14.62 Million | ▲ +279 days |
| 2014 | 84 days | Nkr7.97 Million | Nkr95.28K/day | Nkr- | Nkr- | ▼ -125 days |
| 2013 | 209 days | Nkr4.24 Million | Nkr20.32K/day | Nkr- | Nkr- | ▲ +57 days |
| 2012 | 152 days | Nkr4.79 Million | Nkr31.50K/day | Nkr- | Nkr- | ▼ -221 days |
| 2011 | 373 days | Nkr11.39 Million | Nkr30.54K/day | Nkr- | Nkr- | ▲ +276 days |
| 2010 | 97 days | Nkr3.27 Million | Nkr33.73K/day | Nkr- | Nkr- | ▲ +32 days |
| 2009 | 65 days | Nkr5.10 Million | Nkr78.67K/day | Nkr- | Nkr- | ▲ +41 days |
| 2008 | 24 days | Nkr3.19 Million | Nkr133.97K/day | Nkr- | Nkr- | ▼ -195 days |
| 2007 | 218 days | Nkr10.68 Million | Nkr48.90K/day | Nkr- | Nkr- | ▲ +80 days |
| 2006 | 138 days | Nkr9.20 Million | Nkr66.60K/day | Nkr- | Nkr- | ▼ -31 days |
| 2005 | 169 days | Nkr8.77 Million | Nkr51.85K/day | Nkr- | Nkr- | ▼ -141 days |
| 2004 | 310 days | Nkr13.84 Million | Nkr44.61K/day | Nkr- | Nkr- | ▼ -209 days |
| 2003 | 519 days | Nkr22.63 Million | Nkr43.61K/day | Nkr- | Nkr- | ▼ -1167 days |
| 2002 | 1686 days | Nkr10.15 Million | Nkr6.02K/day | Nkr- | Nkr- | ▼ -77 days |
| 2001 | 1763 days | Nkr10.52 Million | Nkr5.96K/day | Nkr- | Nkr- | ▼ -3584 days |
| 2000 | 5347 days | Nkr31.12 Million | Nkr5.82K/day | Nkr- | Nkr- | ▲ +4234 days |
| 1999 | 1113 days | Nkr11.86 Million | Nkr10.65K/day | Nkr- | Nkr- | ▲ +426 days |
| 1998 | 687 days | Nkr16.99 Million | Nkr24.73K/day | Nkr- | Nkr- | ▼ -202 days |
| 1997 | 889 days | Nkr22.18 Million | Nkr24.94K/day | Nkr- | Nkr- | — |