Golden Ocean Group Ltd (GOGL) — Financial Flexibility Index
Golden Ocean Group Ltd (GOGL) has a Financial Flexibility Index of 0.00x as of March 2025. Free cash flow of $-3.33 Million (operating CF $-3.33 Million minus capex $0.00) represents 0% of total liabilities ($1.57 Billion). Check GOGL strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Golden Ocean Group Ltd Financial Flexibility Index (1997–2024)
Historical Financial Flexibility Index trend for Golden Ocean Group Ltd across 28 annual periods. See working capital to net assets of Golden Ocean Group Ltd to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Golden Ocean Group Ltd (1997–2024)
Year-by-year free cash flow to debt coverage for Golden Ocean Group Ltd. For the full company profile including market capitalisation, see Golden Ocean Group Ltd (GOGL) total market value.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.32x | $466.75 Million | $365.30 Million | $1.48 Billion | ▼ -33.5% |
| 2023 | 0.47x | $743.88 Million | $266.34 Million | $1.57 Billion | ▲ +12.7% |
| 2022 | 0.42x | $564.42 Million | $503.39 Million | $1.34 Billion | ▼ -36.1% |
| 2021 | 0.66x | $1.01 Billion | $560.40 Million | $1.53 Billion | ▲ +437.2% |
| 2020 | 0.12x | $165.91 Million | $140.64 Million | $1.35 Billion | ▼ -12.0% |
| 2019 | 0.14x | $202.55 Million | $158.43 Million | $1.45 Billion | ▼ -42.3% |
| 2018 | 0.24x | $344.78 Million | $186.54 Million | $1.43 Billion | ▲ +31.2% |
| 2017 | 0.18x | $253.32 Million | $94.62 Million | $1.38 Billion | ▼ -15.4% |
| 2016 | 0.22x | $244.48 Million | $-23.05 Million | $1.12 Billion | ▼ -56.0% |
| 2015 | 0.49x | $504.19 Million | $-14.83 Million | $1.02 Billion | ▼ -54.0% |
| 2014 | 1.07x | $406.35 Million | $24.86 Million | $378.47 Million | ▲ +181.8% |
| 2013 | 0.38x | $39.02 Million | $12.31 Million | $102.42 Million | ▼ -41.7% |
| 2012 | 0.65x | $78.23 Million | $36.80 Million | $119.73 Million | ▼ -34.9% |
| 2011 | 1.00x | $161.86 Million | $42.61 Million | $161.29 Million | ▲ +4.1% |
| 2010 | 0.96x | $160.07 Million | $62.47 Million | $166.05 Million | ▼ -13.7% |
| 2009 | 1.12x | $151.04 Million | $34.56 Million | $135.24 Million | ▲ +39.6% |
| 2008 | 0.80x | $87.53 Million | $69.69 Million | $109.38 Million | ▲ +18.5% |
| 2007 | 0.68x | $81.64 Million | $48.19 Million | $120.89 Million | ▼ -55.6% |
| 2006 | 1.52x | $185.94 Million | $68.65 Million | $122.31 Million | ▼ -41.7% |
| 2005 | 2.61x | $333.96 Million | $70.13 Million | $128.13 Million | ▲ +234.2% |
| 2004 | 0.78x | $106.59 Million | $106.59 Million | $136.68 Million | ▲ +95.8% |
| 2003 | 0.40x | $52.94 Million | $52.94 Million | $132.92 Million | ▲ +79.4% |
| 2002 | 0.22x | $30.90 Million | $30.90 Million | $139.19 Million | ▼ -58.0% |
| 2001 | 0.53x | $72.53 Million | $72.53 Million | $137.13 Million | ▲ +42.5% |
| 2000 | 0.37x | $47.34 Million | $47.34 Million | $127.52 Million | ▲ +28.8% |
| 1999 | 0.29x | $37.26 Million | $37.26 Million | $129.28 Million | ▼ -16.9% |
| 1998 | 0.35x | $47.18 Million | $47.18 Million | $136.11 Million | ▼ -89.3% |
| 1997 | 3.23x | $461.38 Million | $21.56 Million | $142.91 Million | — |