Golden Ocean Group Ltd (GOGL) - Total Liabilities
Based on the latest financial reports, Golden Ocean Group Ltd (GOGL) has total liabilities worth $1.57 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.
Golden Ocean Group Ltd - Total Liabilities Trend (1997–2024)
This chart illustrates how Golden Ocean Group Ltd's total liabilities have evolved over time, based on quarterly financial data. See working capital to net assets of Golden Ocean Group Ltd to evaluate short-term liquidity relative to the company's equity base.
Golden Ocean Group Ltd Competitors by Total Liabilities
The table below lists competitors of Golden Ocean Group Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Enviri Corporation
NYSE:NVRI
|
USA | $2.41 Billion |
|
FirstSun Capital Bancorp Common Stock
NASDAQ:FSUN
|
USA | $7.39 Billion |
|
Shenzhen JT Automation Equipment Co Ltd
SHE:300400
|
China | CN¥446.48 Million |
|
Anand Rathi Wealth Limited
NSE:ANANDRATHI
|
India | Rs3.17 Billion |
|
Bros Eastern Co Ltd
SHG:601339
|
China | CN¥4.37 Billion |
|
Reinsurance Group of America Inc
NYSE:RZB
|
USA | $150.68 Billion |
|
J.Pond Precision Technology Co. Ltd. A
SHE:301326
|
China | CN¥1.24 Billion |
|
Guangdong Hoshion Aluminium Co Ltd
SHE:002824
|
China | CN¥3.16 Billion |
Liability Composition Analysis (1997–2024)
This chart breaks down Golden Ocean Group Ltd'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 GOGL market cap.
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 Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Golden Ocean Group Ltd (1997–2024)
The table below shows the annual total liabilities of Golden Ocean Group Ltd from 1997 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $1.48 Billion | -5.60% |
| 2023-12-31 | $1.57 Billion | +16.93% |
| 2022-12-31 | $1.34 Billion | -12.14% |
| 2021-12-31 | $1.53 Billion | +12.80% |
| 2020-12-31 | $1.35 Billion | -6.91% |
| 2019-12-31 | $1.45 Billion | +1.74% |
| 2018-12-31 | $1.43 Billion | +3.77% |
| 2017-12-31 | $1.38 Billion | +22.54% |
| 2016-12-31 | $1.12 Billion | +10.09% |
| 2015-12-31 | $1.02 Billion | +169.51% |
| 2014-12-31 | $378.47 Million | +269.54% |
| 2013-12-31 | $102.42 Million | -14.46% |
| 2012-12-31 | $119.73 Million | -25.77% |
| 2011-12-31 | $161.29 Million | -2.87% |
| 2010-12-31 | $166.05 Million | +22.79% |
| 2009-12-31 | $135.24 Million | +23.64% |
| 2008-12-31 | $109.38 Million | -9.52% |
| 2007-12-31 | $120.89 Million | -1.16% |
| 2006-12-31 | $122.31 Million | -4.54% |
| 2005-12-31 | $128.13 Million | -6.26% |
| 2004-12-31 | $136.68 Million | +2.83% |
| 2003-12-31 | $132.92 Million | -4.50% |
| 2002-12-31 | $139.19 Million | +1.50% |
| 2001-12-31 | $137.13 Million | +7.53% |
| 2000-12-31 | $127.52 Million | -1.36% |
| 1999-12-31 | $129.28 Million | -5.01% |
| 1998-12-31 | $136.11 Million | -4.76% |
| 1997-12-31 | $142.91 Million | -- |
About Golden Ocean Group Ltd
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