Golden Ocean Group Limited Working Capital to Net Assets Ratio
Golden Ocean Group Limited working capital to net assets ratio. Golden Ocean Group Limited (KT31) has a Working Capital to Net Assets ratio of -3.6% as of March 2025. Working capital of €-66.11 Million (current assets of €289.60 Million minus current liabilities of €355.71 Million) is measured against net assets of €1.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Golden Ocean Group Limited (2020–2024)
Working capital to net assets ratio of Golden Ocean Group Limited from 2020 to 2024. This chart shows how Golden Ocean Group Limited's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of March 2025, the ratio stands at -3.6%, reflecting working capital of €-66.11 Million against net assets of €1.83 Billion EUR. Explore KT31 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Golden Ocean Group Limited Working Capital to Net Assets Ratio by Year (2020–2024)
Golden Ocean Group Limited working capital to net assets ratio by year from 2020 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Golden Ocean Group Limited from 2020 to 2024, covering 5 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see KT31 asset base.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 2.7% | €52.15 Million | €1.90 Billion | €286.54 Million | €234.39 Million | ▲ +0.0 pp |
| 2023 | 2.7% | €52.73 Million | €1.92 Billion | €278.92 Million | €226.19 Million | ▼ -1.8 pp |
| 2022 | 4.6% | €87.52 Million | €1.92 Billion | €299.15 Million | €211.63 Million | ▼ -1.7 pp |
| 2021 | 6.3% | €121.32 Million | €1.93 Billion | €369.39 Million | €248.07 Million | ▲ +3.2 pp |
| 2020 | 3.1% | €42.85 Million | €1.37 Billion | €284.53 Million | €241.68 Million | — |