Golden Ocean Group Ltd Total Liabilities
Golden Ocean Group Ltd total liabilities. 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. Check Golden Ocean Group Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Golden Ocean Group Ltd (1997–2024)
Total liabilities of Golden Ocean Group Ltd from 1997 to 2024. This chart illustrates how Golden Ocean Group Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore GOGL long-term investments to assets to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Karooooo Ltd
JSE:KRO
|
South Africa | ZAC2.66 Billion |
|
Zhejiang Jinke Peroxides Co Ltd
SHE:300459
|
China | CN¥1.68 Billion |
|
Opendoor Technologies Inc
NASDAQ:OPEN
|
USA | $2.05 Billion |
|
Aerospace Industrial Development Corp
TW:2634
|
Taiwan | NT$33.34 Billion |
|
Bank Of India Indonesia Tbk
JK:BSWD
|
Indonesia | Rp3.36 Trillion |
|
Beijing Zhong Ke San Huan High-Tech Co Ltd
SHE:000970
|
China | CN¥2.66 Billion |
|
CETC Energy Joint Stock Co Ltd
SHG:600877
|
China | CN¥463.01 Million |
|
ZhongAn Online P & C Insurance Co. Ltd
F:1ZO
|
Germany | €21.26 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 complete balance sheet picture, see how large is Golden Ocean Group Ltd's balance sheet.
Liquidity & Leverage Metrics
Golden Ocean Group Ltd Total Liabilities Ratios Explained
Golden Ocean Group Ltd 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 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 |
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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