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. Explore cash flow conversion of Golden Ocean Group Ltd to assess how effectively this company generates cash.
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. Check Golden Ocean Group Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Klabin S.A
SA:KLBN3
|
Brazil | R$49.40 Billion |
|
Shanghai Emperor of Cleaning Hi-Tech Co Ltd
SHG:603200
|
China | CN¥548.17 Million |
|
Suzhou Anjie Technology Co Ltd
SHE:002635
|
China | CN¥2.37 Billion |
|
Graubuendner Kantonalbank
SW:GRKP
|
Switzerland | CHF33.30 Billion |
|
Shanghai Film Co Ltd
SHG:601595
|
China | CN¥887.44 Million |
|
Hangzhou XZB Tech Co Ltd
SHG:603040
|
China | CN¥231.24 Million |
|
Aryzta AG
SW:ARYN
|
Switzerland | CHF1.33 Billion |
|
Oculis Holding AG Ordinary shares
NASDAQ:OCS
|
USA | $37.24 Million |
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