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 Nkr3.39 Billion minus total liabilities of Nkr1.57 Billion yields net assets of Nkr1.83 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read debt load of Golden Ocean Group Ltd for a breakdown of total debt and financial obligations.
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 Nkr1.83 Billion against total assets of Nkr3.39 Billion NOK. For live market cap and overall valuation, see market value of Golden Ocean Group Ltd.
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. Check GOGL PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (NOK) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 56.2% | Nkr1.90 Billion | Nkr3.38 Billion | Nkr1.48 Billion | ▲ +1.1 pp |
| 2023 | 55.1% | Nkr1.92 Billion | Nkr3.49 Billion | Nkr1.57 Billion | ▼ -3.8 pp |
| 2022 | 58.9% | Nkr1.92 Billion | Nkr3.26 Billion | Nkr1.34 Billion | ▲ +3.0 pp |
| 2021 | 55.8% | Nkr1.93 Billion | Nkr3.45 Billion | Nkr1.53 Billion | ▲ +5.5 pp |
| 2020 | 50.3% | Nkr1.37 Billion | Nkr2.72 Billion | Nkr1.35 Billion | ▼ -0.7 pp |
| 2019 | 51.0% | Nkr1.51 Billion | Nkr2.97 Billion | Nkr1.45 Billion | ▼ -0.6 pp |
| 2018 | 51.6% | Nkr1.52 Billion | Nkr2.95 Billion | Nkr1.43 Billion | ▼ -0.4 pp |
| 2017 | 52.1% | Nkr1.49 Billion | Nkr2.87 Billion | Nkr1.38 Billion | ▼ -0.4 pp |
| 2016 | 52.5% | Nkr1.24 Billion | Nkr2.36 Billion | Nkr1.12 Billion | ▼ -0.7 pp |
| 2015 | 53.2% | Nkr1.16 Billion | Nkr2.18 Billion | Nkr1.02 Billion | ▼ -16.8 pp |
| 2014 | 70.0% | Nkr884.27 Million | Nkr1.26 Billion | Nkr378.47 Million | ▼ -5.0 pp |
| 2013 | 75.0% | Nkr307.44 Million | Nkr409.86 Million | Nkr102.42 Million | ▲ +5.1 pp |
| 2012 | 69.9% | Nkr277.69 Million | Nkr397.42 Million | Nkr119.73 Million | ▲ +0.8 pp |
| 2011 | 69.1% | Nkr359.93 Million | Nkr521.22 Million | Nkr161.29 Million | ▼ -0.3 pp |
| 2010 | 69.4% | Nkr375.90 Million | Nkr541.95 Million | Nkr166.05 Million | ▲ +5.4 pp |
| 2009 | 63.9% | Nkr239.71 Million | Nkr374.95 Million | Nkr135.24 Million | ▼ -3.1 pp |
| 2008 | 67.0% | Nkr222.31 Million | Nkr331.69 Million | Nkr109.38 Million | ▲ +2.4 pp |
| 2007 | 64.7% | Nkr221.28 Million | Nkr342.17 Million | Nkr120.89 Million | ▲ +5.2 pp |
| 2006 | 59.4% | Nkr179.19 Million | Nkr301.50 Million | Nkr122.31 Million | ▼ -0.9 pp |
| 2005 | 60.4% | Nkr195.03 Million | Nkr323.16 Million | Nkr128.13 Million | ▼ -2.3 pp |
| 2004 | 62.6% | Nkr228.87 Million | Nkr365.55 Million | Nkr136.68 Million | ▲ +0.8 pp |
| 2003 | 61.9% | Nkr215.53 Million | Nkr348.44 Million | Nkr132.92 Million | ▲ +1.9 pp |
| 2002 | 60.0% | Nkr208.64 Million | Nkr347.82 Million | Nkr139.19 Million | ▼ -2.6 pp |
| 2001 | 62.6% | Nkr229.08 Million | Nkr366.20 Million | Nkr137.13 Million | ▼ -5.9 pp |
| 2000 | 68.5% | Nkr277.22 Million | Nkr404.74 Million | Nkr127.52 Million | ▲ +0.6 pp |
| 1999 | 67.9% | Nkr273.98 Million | Nkr403.27 Million | Nkr129.28 Million | ▼ -0.3 pp |
| 1998 | 68.2% | Nkr292.19 Million | Nkr428.29 Million | Nkr136.11 Million | ▼ -0.6 pp |
| 1997 | 68.8% | Nkr315.16 Million | Nkr458.07 Million | Nkr142.91 Million | — |