Golden Ocean Group Limited (KT31) - 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. Also explore KT31 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Golden Ocean Group Limited - Total Liabilities Trend (2020–2024)
This chart illustrates how Golden Ocean Group Limited's total liabilities have evolved over time, based on quarterly financial data. See how much free cash does Golden Ocean Group Limited generate to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
Monte Rosa Therapeutics Inc
NASDAQ:GLUE
|
USA | $214.51 Million |
|
Befesa SA
XETRA:BFSA
|
Germany | €1.09 Billion |
|
China Merchants Property Operation & Service Co Ltd
SHE:001914
|
China | CN¥8.87 Billion |
|
Global Ship Lease Inc
NYSE:GSL
|
USA | $1.02 Billion |
|
Kernel Holding SA
F:0KE
|
Germany | €1.19 Billion |
|
CLEARWAY ENERGY A NDL-01
F:NY4B
|
Germany | €11.36 Billion |
|
Shanghai Bright Power Semiconductor
SHG:688368
|
China | CN¥802.06 Million |
|
Advtech
JSE:ADH
|
South Africa | ZAC4.68 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 full company profile including market capitalisation, see KT31 market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| 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
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