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 Nkr-3.33 Million (operating CF Nkr-3.33 Million minus capex Nkr0.00) represents 0% of total liabilities (Nkr1.57 Billion). Check GOGL cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see GOGL cash flow metrics.
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. Explore GOGL debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (NOK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.32x | Nkr466.75 Million | Nkr365.30 Million | Nkr1.48 Billion | ▼ -33.5% |
| 2023 | 0.47x | Nkr743.88 Million | Nkr266.34 Million | Nkr1.57 Billion | ▲ +12.7% |
| 2022 | 0.42x | Nkr564.42 Million | Nkr503.39 Million | Nkr1.34 Billion | ▼ -36.1% |
| 2021 | 0.66x | Nkr1.01 Billion | Nkr560.40 Million | Nkr1.53 Billion | ▲ +437.2% |
| 2020 | 0.12x | Nkr165.91 Million | Nkr140.64 Million | Nkr1.35 Billion | ▼ -12.0% |
| 2019 | 0.14x | Nkr202.55 Million | Nkr158.43 Million | Nkr1.45 Billion | ▼ -42.3% |
| 2018 | 0.24x | Nkr344.78 Million | Nkr186.55 Million | Nkr1.43 Billion | ▲ +31.3% |
| 2017 | 0.18x | Nkr253.09 Million | Nkr93.54 Million | Nkr1.38 Billion | ▼ -15.5% |
| 2016 | 0.22x | Nkr244.48 Million | Nkr-23.05 Million | Nkr1.12 Billion | ▼ -56.0% |
| 2015 | 0.49x | Nkr504.19 Million | Nkr-14.83 Million | Nkr1.02 Billion | ▼ -54.0% |
| 2014 | 1.07x | Nkr406.35 Million | Nkr24.86 Million | Nkr378.47 Million | ▲ +181.8% |
| 2013 | 0.38x | Nkr39.02 Million | Nkr12.31 Million | Nkr102.42 Million | ▲ +24.0% |
| 2012 | 0.31x | Nkr36.80 Million | Nkr36.80 Million | Nkr119.73 Million | ▲ +16.3% |
| 2011 | 0.26x | Nkr42.61 Million | Nkr42.61 Million | Nkr161.29 Million | ▼ -72.6% |
| 2010 | 0.96x | Nkr160.07 Million | Nkr62.47 Million | Nkr166.05 Million | ▼ -13.7% |
| 2009 | 1.12x | Nkr151.04 Million | Nkr34.56 Million | Nkr135.24 Million | ▲ +39.6% |
| 2008 | 0.80x | Nkr87.53 Million | Nkr69.69 Million | Nkr109.38 Million | ▲ +18.5% |
| 2007 | 0.68x | Nkr81.64 Million | Nkr48.19 Million | Nkr120.89 Million | ▲ +20.3% |
| 2006 | 0.56x | Nkr68.65 Million | Nkr68.65 Million | Nkr122.31 Million | ▲ +2.6% |
| 2005 | 0.55x | Nkr70.13 Million | Nkr70.13 Million | Nkr128.13 Million | ▼ -29.8% |
| 2004 | 0.78x | Nkr106.59 Million | Nkr106.59 Million | Nkr136.68 Million | ▲ +95.8% |
| 2003 | 0.40x | Nkr52.94 Million | Nkr52.94 Million | Nkr132.92 Million | ▲ +79.4% |
| 2002 | 0.22x | Nkr30.90 Million | Nkr30.90 Million | Nkr139.19 Million | ▼ -58.0% |
| 2001 | 0.53x | Nkr72.53 Million | Nkr72.53 Million | Nkr137.13 Million | ▲ +42.5% |
| 2000 | 0.37x | Nkr47.34 Million | Nkr47.34 Million | Nkr127.52 Million | ▲ +28.8% |
| 1999 | 0.29x | Nkr37.26 Million | Nkr37.26 Million | Nkr129.28 Million | ▼ -16.9% |
| 1998 | 0.35x | Nkr47.18 Million | Nkr47.18 Million | Nkr136.11 Million | ▼ -89.3% |
| 1997 | 3.23x | Nkr461.38 Million | Nkr21.56 Million | Nkr142.91 Million | — |