Golden Ocean Group Limited Total Liabilities

Latest as of March 2025: €1.57 Billion EUR ≈ $1.83 Billion USD

Golden Ocean Group Limited total liabilities. Based on the latest financial reports, Golden Ocean Group Limited (KT31) has total liabilities worth €1.57 Billion EUR (≈ $1.83 Billion USD) as of March 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check Golden Ocean Group Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Total Liabilities of Golden Ocean Group Limited (2020–2024)

Total liabilities of Golden Ocean Group Limited from 2020 to 2024. This chart illustrates how Golden Ocean Group Limited's total liabilities have evolved over time, based on quarterly financial data. Explore Golden Ocean Group Limited (KT31) investment intensity to see how much of total assets are deployed in long-term investments.

Golden Ocean Group Limited Competitors by Total Liabilities

The table below lists competitors of Golden Ocean Group Limited ranked by their total liabilities.

Company Country Total Liabilities
The Jammu & Kashmir Bank Limited
NSE:J&KBANK
India Rs1.72 Trillion
Faes Farma SA
MC:FAE
Spain €664.48 Million
Liontown Resources Ltd
AU:LTR
Australia AU$1.10 Billion
Jinan Acetate Chemical Co Ltd
TW:4763
Taiwan NT$4.50 Billion
Schrodinger Inc
NASDAQ:SDGR
USA $311.44 Million
Hangzhou Kelin Electric Co. Ltd. A
SHG:688611
China CN¥208.95 Million
Shanghai Qiangsheng Holding Co Ltd
SHG:600662
China CN¥9.98 Billion
Kernel Holding SA
F:0KE
Germany €1.19 Billion

Liability Composition Analysis (2020–2024)

This chart breaks down Golden Ocean Group Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see Golden Ocean Group Limited asset portfolio.

Liquidity & Leverage Metrics

Golden Ocean Group Limited Total Liabilities Ratios Explained

Golden Ocean Group Limited total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

Metric Value Description
Current Ratio 0.81 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 0.86 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.46 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Golden Ocean Group Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Golden Ocean Group Limited (2020–2024)

The table below shows the annual total liabilities of Golden Ocean Group Limited from 2020 to 2024.

Year Total Liabilities Change
2024-12-31 €1.48 Billion
≈ $1.73 Billion
-5.60%
2023-12-31 €1.57 Billion
≈ $1.83 Billion
+16.93%
2022-12-31 €1.34 Billion
≈ $1.57 Billion
-12.14%
2021-12-31 €1.53 Billion
≈ $1.78 Billion
+12.80%
2020-12-31 €1.35 Billion
≈ $1.58 Billion
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About Golden Ocean Group Limited

F:KT31 Germany Marine Shipping
Market Cap
$1.58 Billion
€1.35 Billion EUR
Market Cap Rank
#7231 Global
#1027 in Germany
Share Price
€6.79
Change (1 day)
+0.00%
52-Week Range
€6.79 - €6.79
All Time High
€13.74
About

Golden Ocean Group Limited owns and operates a fleet of dry bulk vessels. The company also transports bulk commodities, including ores, coal, grains, and fertilizers. Golden Ocean Group Limited was formerly knowns as Knightsbridge Shipping Limited and changed its name to Golden Ocean Group Limited in March 2015. The company incorporated in 1996 and is headquartered in Hamilton, Bermuda. As of Aug… Read more