Golden Ocean Group Statistics
Total Valuation
GOGL has a market cap or net worth of $2.59 billion. The enterprise value is $3.91 billion.
| Market Cap | 2.59B |
| Enterprise Value | 3.91B |
Important Dates
The next estimated earnings date is Tuesday, August 27, 2024, before market open.
| Earnings Date | Aug 27, 2024 |
| Ex-Dividend Date | Jun 7, 2024 |
Share Statistics
GOGL has 200.03 million shares outstanding.
| Shares Outstanding | 200.03M |
| Owned by Insiders (%) | 39.63% |
| Owned by Institutions (%) | 33.91% |
| Float | 120.92M |
Valuation Ratios
The trailing PE ratio is 13.95 and the forward PE ratio is 14.88. GOGL's PEG ratio is 131.35.
| PE Ratio | 13.95 |
| Forward PE | 14.88 |
| PS Ratio | 2.77 |
| Forward PS | 2.84 |
| PB Ratio | 1.35 |
| P/FCF Ratio | 74.12 |
| PEG Ratio | 131.35 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 8.94, with an EV/FCF ratio of 111.56.
| EV / Earnings | 20.94 |
| EV / Sales | 4.17 |
| EV / EBITDA | 8.94 |
| EV / EBIT | 13.11 |
| EV / FCF | 111.56 |
Financial Position
The company has a current ratio of 1.26, with a Debt / Equity ratio of 0.76.
| Current Ratio | 1.26 |
| Quick Ratio | n/a |
| Debt / Equity | 0.76 |
| Debt / EBITDA | 3.34 |
| Debt / FCF | 41.65 |
| Interest Coverage | 2.69 |
Financial Efficiency
Return on equity (ROE) is 9.80% and return on invested capital (ROIC) is 7.80%.
| Return on Equity (ROE) | 9.80% |
| Return on Assets (ROA) | 5.30% |
| Return on Capital (ROIC) | 7.80% |
| Revenue Per Employee | $24.63M |
| Profits Per Employee | $4.91M |
| Employee Count | 38 |
| Asset Turnover | 0.27 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, GOGL has paid $561,000 in taxes.
| Income Tax | 561,000 |
| Effective Tax Rate | 0.30% |
Stock Price Statistics
The stock price has increased by +76.46% in the last 52 weeks. The beta is 1.19, so GOGL's price volatility has been higher than the market average.
| Beta (5Y) | 1.19 |
| 52-Week Price Change | +76.46% |
| 50-Day Moving Average | 13.91 |
| 200-Day Moving Average | 11.38 |
| Relative Strength Index (RSI) | 39.74 |
| Average Volume (20 Days) | 1,235,011 |
Short Selling Information
| Short Interest | 3.42M |
| Short Previous Month | 3.30M |
| Short % of Shares Out | 2.83% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 2.29 |
Income Statement
In the last 12 months, GOGL had revenue of $935.99 million and earned $186.48 million in profits. Earnings per share was $0.93.
| Revenue | 935.99M |
| Gross Profit | 418.34M |
| Operating Income | 265.00M |
| Pretax Income | 187.04M |
| Net Income | 186.48M |
| EBITDA | 437.00M |
| EBIT | 297.87M |
| Earnings Per Share (EPS) | $0.93 |
Balance Sheet
The company has $147.41 million in cash and $1.46 billion in debt, giving a net cash position of -$1.31 billion or -$6.55 per share.
| Cash & Cash Equivalents | 147.41M |
| Total Debt | 1.46B |
| Net Cash | -1.31B |
| Net Cash Per Share | -$6.55 |
| Equity (Book Value) | 1.93B |
| Book Value Per Share | 9.64 |
| Working Capital | 63.88M |
Cash Flow
In the last 12 months, operating cash flow was $305.63 million and capital expenditures -$270.62 million, giving a free cash flow of $35.00 million.
| Operating Cash Flow | 305.63M |
| Capital Expenditures | -270.62M |
| Free Cash Flow | 35.00M |
| FCF Per Share | $0.18 |
Margins
Gross margin is 44.69%, with operating and profit margins of 28.31% and 19.92%.
| Gross Margin | 44.69% |
| Operating Margin | 28.31% |
| Pretax Margin | 19.98% |
| Profit Margin | 19.92% |
| EBITDA Margin | 46.69% |
| EBIT Margin | 31.82% |
| FCF Margin | 3.74% |
Dividends & Yields
This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 9.25%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 9.25% |
| Dividend Growth (YoY) | -36.00% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 129.03% |
| Buyback Yield | 0.43% |
| Shareholder Yield | 9.68% |
| Earnings Yield | 7.19% |
| FCF Yield | 1.35% |
Analyst Forecast
The average price target for GOGL is $15.50, which is 19.51% higher than the current price. The consensus rating is "Hold".
| Price Target | $15.50 |
| Price Target Difference | 19.51% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | -8.90% |
| EPS Growth Forecast (5Y) | 2.24% |
Stock Splits
The last stock split was on August 1, 2016. It was a reverse split with a ratio of 1:5.
| Last Split Date | Aug 1, 2016 |
| Split Type | Reverse |
| Split Ratio | 1:5 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 7 |