Golden Ocean Group Ltd (GOGL) — Net Asset Quality Index
Golden Ocean Group Ltd (GOGL) has a Net Asset Quality Index of 53.8% as of March 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $3.39 Billion minus total liabilities of $1.57 Billion yields net assets of $1.83 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check GOGL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Golden Ocean Group Ltd Net Asset Quality Index Over Time (1997–2024)
This chart shows how Golden Ocean Group Ltd's Net Asset Quality Index has evolved across 28 annual periods from 1997 to 2024. As of March 2025, the index stands at 53.8%, representing net assets of $1.83 Billion against total assets of $3.39 Billion USD. See GOGL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Golden Ocean Group Ltd (1997–2024)
The table below presents the year-by-year Net Asset Quality Index for Golden Ocean Group Ltd from 1997 to 2024, covering 28 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Golden Ocean Group Ltd (GOGL) total market value.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 56.2% | $1.90 Billion | $3.38 Billion | $1.48 Billion | ▲ +1.1 pp |
| 2023 | 55.1% | $1.92 Billion | $3.49 Billion | $1.57 Billion | ▼ -3.8 pp |
| 2022 | 58.9% | $1.92 Billion | $3.26 Billion | $1.34 Billion | ▲ +3.0 pp |
| 2021 | 55.8% | $1.93 Billion | $3.45 Billion | $1.53 Billion | ▲ +5.5 pp |
| 2020 | 50.3% | $1.37 Billion | $2.72 Billion | $1.35 Billion | ▼ -0.7 pp |
| 2019 | 51.0% | $1.51 Billion | $2.97 Billion | $1.45 Billion | ▼ -0.6 pp |
| 2018 | 51.6% | $1.52 Billion | $2.95 Billion | $1.43 Billion | ▼ -0.4 pp |
| 2017 | 52.1% | $1.49 Billion | $2.87 Billion | $1.38 Billion | ▼ -0.4 pp |
| 2016 | 52.5% | $1.24 Billion | $2.36 Billion | $1.12 Billion | ▼ -0.7 pp |
| 2015 | 53.2% | $1.16 Billion | $2.18 Billion | $1.02 Billion | ▼ -16.8 pp |
| 2014 | 70.0% | $884.27 Million | $1.26 Billion | $378.47 Million | ▼ -5.0 pp |
| 2013 | 75.0% | $307.44 Million | $409.86 Million | $102.42 Million | ▲ +5.1 pp |
| 2012 | 69.9% | $277.69 Million | $397.42 Million | $119.73 Million | ▲ +0.8 pp |
| 2011 | 69.1% | $359.93 Million | $521.22 Million | $161.29 Million | ▼ -0.3 pp |
| 2010 | 69.4% | $375.90 Million | $541.95 Million | $166.05 Million | ▲ +5.4 pp |
| 2009 | 63.9% | $239.71 Million | $374.95 Million | $135.24 Million | ▼ -3.1 pp |
| 2008 | 67.0% | $222.31 Million | $331.69 Million | $109.38 Million | ▲ +2.4 pp |
| 2007 | 64.7% | $221.28 Million | $342.17 Million | $120.89 Million | ▲ +5.2 pp |
| 2006 | 59.4% | $179.19 Million | $301.50 Million | $122.31 Million | ▼ -0.9 pp |
| 2005 | 60.4% | $195.03 Million | $323.16 Million | $128.13 Million | ▼ -2.3 pp |
| 2004 | 62.6% | $228.87 Million | $365.55 Million | $136.68 Million | ▲ +0.8 pp |
| 2003 | 61.9% | $215.53 Million | $348.44 Million | $132.92 Million | ▲ +1.9 pp |
| 2002 | 60.0% | $208.64 Million | $347.82 Million | $139.19 Million | ▼ -2.6 pp |
| 2001 | 62.6% | $229.08 Million | $366.20 Million | $137.13 Million | ▼ -5.9 pp |
| 2000 | 68.5% | $277.22 Million | $404.74 Million | $127.52 Million | ▲ +0.6 pp |
| 1999 | 67.9% | $273.98 Million | $403.27 Million | $129.28 Million | ▼ -0.3 pp |
| 1998 | 68.2% | $292.19 Million | $428.29 Million | $136.11 Million | ▼ -0.6 pp |
| 1997 | 68.8% | $315.16 Million | $458.07 Million | $142.91 Million | — |