Golden Ocean Group Ltd Financial Flexibility Index
Golden Ocean Group Ltd 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). See GOGL FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Golden Ocean Group Ltd (1997–2024)
Financial flexibility index of Golden Ocean Group Ltd from 1997 to 2024. Historical Financial Flexibility Index trend for Golden Ocean Group Ltd across 28 annual periods. Check earnings quality score of Golden Ocean Group Ltd to evaluate the quality of earnings relative to operating cash generation.
Golden Ocean Group Ltd Financial Flexibility Index by Year (1997–2024)
Golden Ocean Group Ltd financial flexibility index by year from 1997 to 2024. Year-by-year free cash flow to debt coverage for Golden Ocean Group Ltd. For the full cash flow conversion analysis, see GOGL operating cash flow.
| 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 | — |