Golden Ocean Group Ltd (GOGL) — Tangible Net Worth Ratio
Golden Ocean Group Ltd (GOGL) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets (Nkr0.00) from net assets (Nkr1.83 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See GOGL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Golden Ocean Group Ltd Tangible Net Worth Ratio (1997–2024)
This chart shows how Golden Ocean Group Ltd's Tangible Net Worth Ratio has changed across 28 annual periods from 1997 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of Nkr1.83 Billion with intangible assets of Nkr0.00 NOK. See GOGL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Golden Ocean Group Ltd (1997–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Golden Ocean Group Ltd from 1997 to 2024, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of Golden Ocean Group Ltd.
| Year | Tangible NW Ratio | Net Assets (NOK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | Nkr1.90 Billion | Nkr0.00 | Nkr3.38 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | Nkr1.92 Billion | Nkr0.00 | Nkr3.49 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | Nkr1.92 Billion | Nkr0.00 | Nkr3.26 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | Nkr1.93 Billion | Nkr0.00 | Nkr3.45 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | Nkr1.37 Billion | Nkr0.00 | Nkr2.72 Billion | ▲ +0.3 pp |
| 2019 | 99.7% | Nkr1.51 Billion | Nkr4.07 Million | Nkr2.97 Billion | ▲ +0.8 pp |
| 2018 | 98.9% | Nkr1.52 Billion | Nkr16.22 Million | Nkr2.95 Billion | ▲ +1.3 pp |
| 2017 | 97.7% | Nkr1.49 Billion | Nkr34.95 Million | Nkr2.87 Billion | ▲ +2.0 pp |
| 2016 | 95.7% | Nkr1.24 Billion | Nkr53.69 Million | Nkr2.36 Billion | ▲ +2.1 pp |
| 2015 | 93.6% | Nkr1.16 Billion | Nkr74.55 Million | Nkr2.18 Billion | ▼ -6.4 pp |
| 2014 | 100.0% | Nkr884.27 Million | Nkr0.00 | Nkr1.26 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | Nkr307.44 Million | Nkr0.00 | Nkr409.86 Million | ▲ +0.0 pp |
| 2012 | 100.0% | Nkr277.69 Million | Nkr0.00 | Nkr397.42 Million | ▲ +0.0 pp |
| 2011 | 100.0% | Nkr359.93 Million | Nkr0.00 | Nkr521.22 Million | ▲ +0.0 pp |
| 2010 | 100.0% | Nkr375.90 Million | Nkr0.00 | Nkr541.95 Million | ▲ +0.0 pp |
| 2009 | 100.0% | Nkr239.71 Million | Nkr0.00 | Nkr374.95 Million | ▲ +0.0 pp |
| 2008 | 100.0% | Nkr222.31 Million | Nkr0.00 | Nkr331.69 Million | ▲ +0.0 pp |
| 2007 | 100.0% | Nkr221.28 Million | Nkr0.00 | Nkr342.17 Million | ▲ +0.0 pp |
| 2006 | 100.0% | Nkr179.19 Million | Nkr0.00 | Nkr301.50 Million | ▲ +0.0 pp |
| 2005 | 100.0% | Nkr195.03 Million | Nkr0.00 | Nkr323.16 Million | ▲ +0.0 pp |
| 2004 | 100.0% | Nkr228.87 Million | Nkr0.00 | Nkr365.55 Million | ▲ +0.0 pp |
| 2003 | 100.0% | Nkr215.53 Million | Nkr0.00 | Nkr348.44 Million | ▲ +0.0 pp |
| 2002 | 100.0% | Nkr208.64 Million | Nkr0.00 | Nkr347.82 Million | ▲ +0.0 pp |
| 2001 | 100.0% | Nkr229.08 Million | Nkr0.00 | Nkr366.20 Million | ▲ +0.0 pp |
| 2000 | 100.0% | Nkr277.22 Million | Nkr0.00 | Nkr404.74 Million | ▲ +0.0 pp |
| 1999 | 100.0% | Nkr273.98 Million | Nkr0.00 | Nkr403.27 Million | ▲ +0.0 pp |
| 1998 | 100.0% | Nkr292.19 Million | Nkr0.00 | Nkr428.29 Million | ▲ +0.0 pp |
| 1997 | 100.0% | Nkr315.16 Million | Nkr0.00 | Nkr458.07 Million | — |