Golden Ocean Group Statistics
Total Valuation
GOGL has a market cap or net worth of $2.37 billion. The enterprise value is $3.69 billion.
Important Dates
The next confirmed earnings date is Friday, November 29, 2024, before market open.
| Earnings Date | Nov 29, 2024 |
| Ex-Dividend Date | Sep 11, 2024 |
Share Statistics
GOGL has 200.03 million shares outstanding. The number of shares has decreased by -0.43% in one year.
| Current Share Class | 200.03M |
| Shares Outstanding | 200.03M |
| Shares Change (YoY) | -0.43% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 0.01% |
| Owned by Institutions (%) | 32.26% |
| Float | 120.92M |
Valuation Ratios
The trailing PE ratio is 11.05 and the forward PE ratio is 8.67.
| PE Ratio | 11.05 |
| Forward PE | 8.67 |
| PS Ratio | 2.43 |
| Forward PS | 2.48 |
| PB Ratio | 1.23 |
| P/TBV Ratio | 1.23 |
| P/FCF Ratio | 13.61 |
| P/OCF Ratio | 7.02 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 8.40, with an EV/FCF ratio of 21.24.
| EV / Earnings | 17.24 |
| EV / Sales | 3.79 |
| EV / EBITDA | 8.40 |
| EV / EBIT | 12.32 |
| EV / FCF | 21.24 |
Financial Position
The company has a current ratio of 1.17, with a Debt / Equity ratio of 0.74.
| Current Ratio | 1.17 |
| Quick Ratio | 0.74 |
| Debt / Equity | 0.74 |
| Debt / EBITDA | 3.05 |
| Debt / FCF | 8.19 |
| Interest Coverage | 2.99 |
Financial Efficiency
Return on equity (ROE) is 11.25% and return on invested capital (ROIC) is 5.59%.
| Return on Equity (ROE) | 11.25% |
| Return on Assets (ROA) | 5.41% |
| Return on Capital (ROIC) | 5.59% |
| Revenue Per Employee | $25.60M |
| Profits Per Employee | $5.63M |
| Employee Count | 38 |
| Asset Turnover | 0.28 |
| Inventory Turnover | 11.00 |
Taxes
In the past 12 months, GOGL has paid $581,000 in taxes.
| Income Tax | 581,000 |
| Effective Tax Rate | 0.27% |
Stock Price Statistics
The stock price has increased by +53.24% in the last 52 weeks. The beta is 1.23, so GOGL's price volatility has been higher than the market average.
| Beta (5Y) | 1.23 |
| 52-Week Price Change | +53.24% |
| 50-Day Moving Average | 11.87 |
| 200-Day Moving Average | 12.71 |
| Relative Strength Index (RSI) | 53.58 |
| Average Volume (20 Days) | 1,401,986 |
Short Selling Information
| Short Interest | 4.36M |
| Short Previous Month | 3.18M |
| Short % of Shares Out | 3.60% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 3.43 |
Income Statement
In the last 12 months, GOGL had revenue of $972.69 million and earned $214.08 million in profits. Earnings per share was $1.07.
| Revenue | 972.69M |
| Gross Profit | 463.18M |
| Operating Income | 299.58M |
| Pretax Income | 187.04M |
| Net Income | 214.08M |
| EBITDA | 439.57M |
| EBIT | 299.58M |
| Earnings Per Share (EPS) | $1.07 |
Full Income StatementBalance Sheet
The company has $99.45 million in cash and $1.42 billion in debt, giving a net cash position of -$1.32 billion or -$6.62 per share.
| Cash & Cash Equivalents | 99.45M |
| Total Debt | 1.42B |
| Net Cash | -1.32B |
| Net Cash Per Share | -$6.62 |
| Equity (Book Value) | 1.93B |
| Book Value Per Share | 9.65 |
| Working Capital | 41.10M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $337.03 million and capital expenditures -$163.22 million, giving a free cash flow of $173.81 million.
| Operating Cash Flow | 337.03M |
| Capital Expenditures | -163.22M |
| Free Cash Flow | 173.81M |
| FCF Per Share | $0.87 |
Full Cash Flow StatementMargins
Gross margin is 47.62%, with operating and profit margins of 30.80% and 22.01%.
| Gross Margin | 47.62% |
| Operating Margin | 30.80% |
| Pretax Margin | 22.07% |
| Profit Margin | 22.01% |
| EBITDA Margin | 45.19% |
| EBIT Margin | 30.80% |
| FCF Margin | 3.74% |
Dividends & Yields
This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 10.14%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 10.14% |
| Dividend Growth (YoY) | 33.33% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 112.09% |
| Buyback Yield | 0.43% |
| Shareholder Yield | 10.57% |
| Earnings Yield | 9.05% |
| FCF Yield | 7.34% |
Dividend DetailsAnalyst Forecast
The average price target for GOGL is $14.50, which is 22.57% higher than the current price. The consensus rating is "Hold".
| Price Target | $14.50 |
| Price Target Difference | 22.57% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | -8.90% |
| EPS Growth Forecast (5Y) | 2.24% |
Stock ForecastsStock Splits
The last stock split was on August 1, 2016. It was a reverse split with a ratio of 0.2:1.
| Last Split Date | Aug 1, 2016 |
| Split Type | Reverse |
| Split Ratio | 0.2:1 |
Scores
GOGL has an Altman Z-Score of 1.52 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.52 |
| Piotroski F-Score | 8 |