Golden Ocean Group Statistics
Total Valuation
GOGL has a market cap or net worth of $1.74 billion. The enterprise value is $3.03 billion.
Important Dates
The last earnings date was Wednesday, November 27, 2024, before market open.
| Earnings Date | Nov 27, 2024 |
| Ex-Dividend Date | Dec 9, 2024 |
Share Statistics
GOGL has 200.03 million shares outstanding. The number of shares has decreased by -2.02% in one year.
| Current Share Class | 200.03M |
| Shares Outstanding | 200.03M |
| Shares Change (YoY) | -2.02% |
| Shares Change (QoQ) | +0.00% |
| Owned by Insiders (%) | 0.01% |
| Owned by Institutions (%) | 33.87% |
| Float | 120.92M |
Valuation Ratios
The trailing PE ratio is 7.15 and the forward PE ratio is 8.84.
| PE Ratio | 7.15 |
| Forward PE | 8.84 |
| PS Ratio | 1.70 |
| Forward PS | 2.17 |
| PB Ratio | 0.90 |
| P/TBV Ratio | 0.90 |
| P/FCF Ratio | 5.71 |
| P/OCF Ratio | 4.46 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 6.24, with an EV/FCF ratio of 9.92.
| EV / Earnings | 12.54 |
| EV / Sales | 2.99 |
| EV / EBITDA | 6.24 |
| EV / EBIT | 8.78 |
| EV / FCF | 9.92 |
Financial Position
The company has a current ratio of 1.22, with a Debt / Equity ratio of 0.73.
| Current Ratio | 1.22 |
| Quick Ratio | 0.46 |
| Debt / Equity | 0.73 |
| Debt / EBITDA | 2.74 |
| Debt / FCF | 4.60 |
| Interest Coverage | 3.42 |
Financial Efficiency
Return on equity (ROE) is 12.68% and return on invested capital (ROIC) is 6.39%.
| Return on Equity (ROE) | 12.68% |
| Return on Assets (ROA) | 6.17% |
| Return on Capital (ROIC) | 6.39% |
| Revenue Per Employee | $26.62M |
| Profits Per Employee | $6.36M |
| Employee Count | 38 |
| Asset Turnover | 0.29 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, GOGL has paid $601,000 in taxes.
| Income Tax | 601,000 |
| Effective Tax Rate | 0.25% |
Stock Price Statistics
The stock price has decreased by -5.63% in the last 52 weeks. The beta is 1.20, so GOGL's price volatility has been higher than the market average.
| Beta (5Y) | 1.20 |
| 52-Week Price Change | -5.63% |
| 50-Day Moving Average | 10.67 |
| 200-Day Moving Average | 12.48 |
| Relative Strength Index (RSI) | 21.30 |
| Average Volume (20 Days) | 2,040,515 |
Short Selling Information
| Short Interest | 4.35M |
| Short Previous Month | 4.49M |
| Short % of Shares Out | 3.72% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 3.33 |
Income Statement
In the last 12 months, GOGL had revenue of $1.01 billion and earned $241.68 million in profits. Earnings per share was $1.22.
| Revenue | 1.01B |
| Gross Profit | 510.16M |
| Operating Income | 345.18M |
| Pretax Income | 187.04M |
| Net Income | 241.68M |
| EBITDA | 485.73M |
| EBIT | 345.18M |
| Earnings Per Share (EPS) | $1.22 |
Full Income StatementBalance Sheet
The company has $116.20 million in cash and $1.40 billion in debt, giving a net cash position of -$1.29 billion or -$6.44 per share.
| Cash & Cash Equivalents | 116.20M |
| Total Debt | 1.40B |
| Net Cash | -1.29B |
| Net Cash Per Share | -$6.44 |
| Equity (Book Value) | 1.93B |
| Book Value Per Share | 9.63 |
| Working Capital | 54.53M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $390.46 million and capital expenditures -$85.08 million, giving a free cash flow of $305.38 million.
| Operating Cash Flow | 390.46M |
| Capital Expenditures | -85.08M |
| Free Cash Flow | 305.38M |
| FCF Per Share | $1.53 |
Full Cash Flow StatementMargins
Gross margin is 50.43%, with operating and profit margins of 34.12% and 23.89%.
| Gross Margin | 50.43% |
| Operating Margin | 34.12% |
| Pretax Margin | 23.95% |
| Profit Margin | 23.89% |
| EBITDA Margin | 48.01% |
| EBIT Margin | 34.12% |
| FCF Margin | 30.19% |
Dividends & Yields
This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 13.78%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 13.78% |
| Dividend Growth (YoY) | 140.00% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 98.53% |
| Buyback Yield | 2.02% |
| Shareholder Yield | 15.79% |
| Earnings Yield | 13.87% |
| FCF Yield | 17.53% |
Dividend DetailsAnalyst Forecast
The average price target for GOGL is $12.25, which is 40.64% higher than the current price. The consensus rating is "Hold".
| Price Target | $12.25 |
| Price Target Difference | 40.64% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 1.69 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.69 |
| Piotroski F-Score | 8 |