Golden Ocean Group Ltd (GOGL) - Total Liabilities

Latest as of March 2025: Nkr1.57 Billion NOK ≈ $164.97 Million USD

Based on the latest financial reports, Golden Ocean Group Ltd (GOGL) has total liabilities worth Nkr1.57 Billion NOK (≈ $164.97 Million 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 GOGL cash flow conversion 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. For the full company profile including market capitalisation, see how much is Golden Ocean Group Ltd worth.

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
Zydus Wellness Limited NSE:ZYDUSWELL	India	Rs41.76 Billion
Jamf Holding NASDAQ:JAMF	USA	$1.35 Billion
Xuzhou Handler Special Vehicle Co Ltd SHE:300201	China	CN¥947.07 Million
Bumitama Agri Ltd F:2BU	Germany	€4.97 Trillion
Antin IP SA PA:ANTIN	France	€127.37 Million
Okeanis Eco Tankers Corp OL:OET	Norway	Nkr654.82 Million
Elvalhalcor Hellenic Copper and Aluminium Industry S.A AT:ELHA	Greece	€1.42 Billion
Minmetals Development Co Ltd SHG:600058	China	CN¥20.91 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.

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	Nkr1.48 Billion ≈ $155.67 Million	-5.60%
2023-12-31	Nkr1.57 Billion ≈ $164.91 Million	+16.93%
2022-12-31	Nkr1.34 Billion ≈ $141.03 Million	-12.14%
2021-12-31	Nkr1.53 Billion ≈ $160.52 Million	+12.80%
2020-12-31	Nkr1.35 Billion ≈ $142.30 Million	-6.91%
2019-12-31	Nkr1.45 Billion ≈ $152.86 Million	+1.74%
2018-12-31	Nkr1.43 Billion ≈ $150.25 Million	+3.77%
2017-12-31	Nkr1.38 Billion ≈ $144.80 Million	+22.54%
2016-12-31	Nkr1.12 Billion ≈ $118.16 Million	+10.09%
2015-12-31	Nkr1.02 Billion ≈ $107.34 Million	+169.51%
2014-12-31	Nkr378.47 Million ≈ $39.83 Million	+269.54%
2013-12-31	Nkr102.42 Million ≈ $10.78 Million	-14.46%
2012-12-31	Nkr119.73 Million ≈ $12.60 Million	-25.77%
2011-12-31	Nkr161.29 Million ≈ $16.97 Million	-2.87%
2010-12-31	Nkr166.05 Million ≈ $17.47 Million	+22.79%
2009-12-31	Nkr135.24 Million ≈ $14.23 Million	+23.64%
2008-12-31	Nkr109.38 Million ≈ $11.51 Million	-9.52%
2007-12-31	Nkr120.89 Million ≈ $12.72 Million	-1.16%
2006-12-31	Nkr122.31 Million ≈ $12.87 Million	-4.54%
2005-12-31	Nkr128.13 Million ≈ $13.48 Million	-6.26%
2004-12-31	Nkr136.68 Million ≈ $14.38 Million	+2.83%
2003-12-31	Nkr132.92 Million ≈ $13.99 Million	-4.50%
2002-12-31	Nkr139.19 Million ≈ $14.65 Million	+1.50%
2001-12-31	Nkr137.13 Million ≈ $14.43 Million	+7.53%
2000-12-31	Nkr127.52 Million ≈ $13.42 Million	-1.36%
1999-12-31	Nkr129.28 Million ≈ $13.60 Million	-5.01%
1998-12-31	Nkr136.11 Million ≈ $14.32 Million	-4.76%
1997-12-31	Nkr142.91 Million ≈ $15.04 Million	--

About Golden Ocean Group Ltd

OL:GOGL Norway Marine Shipping

Market Cap

$1.75 Billion

Nkr16.60 Billion NOK

Market Cap Rank

#6762 Global

#50 in Norway

Share Price

Nkr83.25

Change (1 day)

+1.15%

52-Week Range

Nkr72.55 - Nkr91.25

All Time High

Nkr159.03