Golden Ocean Group Limited (GOGL)

Golden Ocean Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	147.41	118.64	138.07	210.02	175.1	163.24
Short-Term Investments	0	0	2.19	1.68	3.68	13.86
Cash & Cash Equivalents	147.41	118.64	140.26	211.7	178.79	177.11
Cash Growth	19.61%	-15.42%	-33.75%	18.41%	0.95%	-53.96%
Receivables	0	0	18.12	43.64	28.94	61.52
Inventory	0	0	45.43	43.38	25.17	28.24
Other Current Assets	167.14	160.28	95.33	70.67	51.64	65.09
Total Current Assets	314.54	278.92	299.15	369.39	284.53	331.94
Property, Plant & Equipment	3,112	3,135	2,869	3,034	2,413	2,590
Long-Term Investments	0	0	65.4	41.34	16.4	21.48
Other Long-Term Assets	75.25	75.3	23.28	8.95	6.73	23.04
Total Long-Term Assets	3,187	3,210	2,958	3,085	2,437	2,634
Total Assets	3,502	3,489	3,257	3,454	2,721	2,966
Accounts Payable	0	0	16.64	20.4	23.27	16.37
Current Debt	136.74	131.54	116.8	141.48	128.09	119.67
Other Current Liabilities	113.93	94.65	78.2	86.2	90.32	97.33
Total Current Liabilities	250.66	226.19	211.63	248.07	241.68	233.37
Long-Term Debt	1,321	1,338	1,129	1,277	1,111	1,219
Other Long-Term Liabilities	1.96	2.57	0	0	0	0
Total Long-Term Liabilities	1,323	1,341	1,129	1,277	1,111	1,219
Total Liabilities	1,574	1,567	1,340	1,525	1,352	1,453
Total Debt	1,458	1,470	1,245	1,419	1,239	1,339
Debt Growth	10.43%	18.02%	-12.22%	14.54%	-7.49%	-1.29%
Retained Earnings	-	339.98	328.88	160.06	-366.72	-228.7
Shareholders' Equity	1,928	1,922	1,917	1,929	1,369	1,513
Net Cash / Debt	-1,310.67	-1,351.27	-1,105.17	-1,207.14	-1,059.94	-1,161.86
Working Capital	63.88	52.73	87.52	121.32	42.85	98.57
Book Value Per Share	9.66	9.63	9.54	9.62	9.55	10.49

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).