Golden Ocean Group Stock Short Ratio

GOGL Stock

USD 10.00 0.09 0.89%

Golden Ocean Group fundamentals help investors to digest information that contributes to Golden Ocean's financial success or failures. It also enables traders to predict the movement of Golden Stock. The fundamental analysis module provides a way to measure Golden Ocean's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Golden Ocean stock.

Short Long Term Debt Total Total Assets

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Golden Ocean Group Company Short Ratio Analysis

Golden Ocean's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.

Short Ratio

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Golden Ocean Short Ratio

3.33 X

Most of Golden Ocean's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Golden Ocean Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Golden Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Golden Ocean is extremely important. It helps to project a fair market value of Golden Stock properly, considering its historical fundamentals such as Short Ratio. Since Golden Ocean's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Golden Ocean's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Golden Ocean's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Accounts Payable	Short Term Investments	Intangible Assets	Treasury Stock	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Good Will	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.99	0.01	0.78	0.99	0.76	0.55	0.95	0.82	0.97	0.55	0.62	-0.59	-0.53	-0.72	-0.36	0.65	-0.55	0.89	0.76	-0.53	0.77	0.45	-0.71	0.61
Total Stockholder Equity	0.99		0.97	0.11	0.73	0.97	0.71	0.51	0.96	0.79	0.96	0.53	0.58	-0.63	-0.52	-0.74	-0.42	0.72	-0.56	0.9	0.76	-0.55	0.77	0.52	-0.69	0.68
Net Debt	0.99	0.97		-0.02	0.82	0.99	0.72	0.52	0.93	0.81	0.96	0.52	0.65	-0.57	-0.55	-0.74	-0.31	0.63	-0.56	0.86	0.77	-0.56	0.78	0.39	-0.73	0.57
Retained Earnings	0.01	0.11	-0.02		-0.06	-0.09	-0.42	-0.24	0.21	-0.28	0.11	-0.28	-0.26	-0.3	-0.33	-0.3	-0.58	0.69	0.12	0.29	0.18	-0.34	0.17	0.73	-0.06	0.7
Net Receivables	0.78	0.73	0.82	-0.06		0.81	0.55	0.46	0.72	0.6	0.77	0.15	0.42	-0.29	-0.42	-0.42	0.07	0.4	-0.31	0.63	0.57	-0.34	0.52	0.34	-0.61	0.36
Total Liab	0.99	0.97	0.99	-0.09	0.81		0.79	0.58	0.93	0.84	0.96	0.56	0.65	-0.54	-0.53	-0.69	-0.28	0.57	-0.52	0.85	0.75	-0.51	0.76	0.36	-0.72	0.53
Total Current Assets	0.76	0.71	0.72	-0.42	0.55	0.79		0.74	0.66	0.85	0.7	0.71	0.49	-0.23	-0.32	-0.32	-0.03	0.15	-0.21	0.67	0.48	-0.19	0.55	0.15	-0.56	0.23
Short Term Debt	0.55	0.51	0.52	-0.24	0.46	0.58	0.74		0.48	0.43	0.49	0.48	0.48	-0.17	-0.38	-0.21	-0.03	0.07	0.23	0.49	0.09	-0.46	0.65	0.11	-0.8	0.12
Common Stock	0.95	0.96	0.93	0.21	0.72	0.93	0.66	0.48		0.73	0.97	0.49	0.59	-0.61	-0.64	-0.79	-0.51	0.79	-0.41	0.93	0.83	-0.6	0.82	0.56	-0.74	0.74
Long Term Debt	0.82	0.79	0.81	-0.28	0.6	0.84	0.85	0.43	0.73		0.81	0.6	0.55	-0.3	-0.34	-0.52	-0.15	0.39	-0.55	0.79	0.74	-0.26	0.54	0.26	-0.45	0.46
Property Plant Equipment	0.97	0.96	0.96	0.11	0.77	0.96	0.7	0.49	0.97	0.81		0.49	0.6	-0.53	-0.58	-0.78	-0.43	0.74	-0.46	0.91	0.8	-0.59	0.8	0.52	-0.73	0.69
Current Deferred Revenue	0.55	0.53	0.52	-0.28	0.15	0.56	0.71	0.48	0.49	0.6	0.49		0.56	-0.18	-0.45	-0.55	-0.04	0.2	-0.23	0.52	0.41	-0.33	0.63	-0.1	-0.47	0.12
Accounts Payable	0.62	0.58	0.65	-0.26	0.42	0.65	0.49	0.48	0.59	0.55	0.6	0.56		-0.39	-0.52	-0.73	-0.24	0.32	-0.35	0.54	0.61	-0.59	0.77	-0.2	-0.73	0.21
Short Term Investments	-0.59	-0.63	-0.57	-0.3	-0.29	-0.54	-0.23	-0.17	-0.61	-0.3	-0.53	-0.18	-0.39		0.18	0.57	0.57	-0.6	0.51	-0.57	-0.52	0.5	-0.51	-0.41	0.41	-0.58
Intangible Assets	-0.53	-0.52	-0.55	-0.33	-0.42	-0.53	-0.32	-0.38	-0.64	-0.34	-0.58	-0.45	-0.52	0.18		0.65	0.36	-0.55	-0.03	-0.62	-0.56	0.58	-0.72	-0.27	0.65	-0.48
Treasury Stock	-0.72	-0.74	-0.74	-0.3	-0.42	-0.69	-0.32	-0.21	-0.79	-0.52	-0.78	-0.55	-0.73	0.57	0.65		0.53	-0.81	0.44	-0.77	-0.79	0.77	-0.86	-0.31	0.67	-0.66
Deferred Long Term Liab	-0.36	-0.42	-0.31	-0.58	0.07	-0.28	-0.03	-0.03	-0.51	-0.15	-0.43	-0.04	-0.24	0.57	0.36	0.53		-0.71	0.19	-0.5	-0.45	0.44	-0.42	-0.54	0.27	-0.73
Long Term Investments	0.65	0.72	0.63	0.69	0.4	0.57	0.15	0.07	0.79	0.39	0.74	0.2	0.32	-0.6	-0.55	-0.81	-0.71		-0.35	0.79	0.71	-0.65	0.67	0.73	-0.5	0.92
Short Long Term Debt	-0.55	-0.56	-0.56	0.12	-0.31	-0.52	-0.21	0.23	-0.41	-0.55	-0.46	-0.23	-0.35	0.51	-0.03	0.44	0.19	-0.35		-0.36	-0.58	0.07	-0.15	-0.08	-0.02	-0.28
Net Tangible Assets	0.89	0.9	0.86	0.29	0.63	0.85	0.67	0.49	0.93	0.79	0.91	0.52	0.54	-0.57	-0.62	-0.77	-0.5	0.79	-0.36		0.84	-0.59	0.8	0.64	-0.7	0.84
Long Term Debt Total	0.76	0.76	0.77	0.18	0.57	0.75	0.48	0.09	0.83	0.74	0.8	0.41	0.61	-0.52	-0.56	-0.79	-0.45	0.71	-0.58	0.84		-0.37	0.6	0.39	-0.43	0.71
Capital Surpluse	-0.53	-0.55	-0.56	-0.34	-0.34	-0.51	-0.19	-0.46	-0.6	-0.26	-0.59	-0.33	-0.59	0.5	0.58	0.77	0.44	-0.65	0.07	-0.59	-0.37		-0.88	-0.32	0.83	-0.55
Good Will	0.77	0.77	0.78	0.17	0.52	0.76	0.55	0.65	0.82	0.54	0.8	0.63	0.77	-0.51	-0.72	-0.86	-0.42	0.67	-0.15	0.8	0.6	-0.88		0.31	-0.94	0.57
Net Invested Capital	0.45	0.52	0.39	0.73	0.34	0.36	0.15	0.11	0.56	0.26	0.52	-0.1	-0.2	-0.41	-0.27	-0.31	-0.54	0.73	-0.08	0.64	0.39	-0.32	0.31		-0.24	0.87
Net Working Capital	-0.71	-0.69	-0.73	-0.06	-0.61	-0.72	-0.56	-0.8	-0.74	-0.45	-0.73	-0.47	-0.73	0.41	0.65	0.67	0.27	-0.5	-0.02	-0.7	-0.43	0.83	-0.94	-0.24		-0.42
Capital Stock	0.61	0.68	0.57	0.7	0.36	0.53	0.23	0.12	0.74	0.46	0.69	0.12	0.21	-0.58	-0.48	-0.66	-0.73	0.92	-0.28	0.84	0.71	-0.55	0.57	0.87	-0.42

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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.

Competition

Predict Golden Ocean

Golden Discontinued Operations

Discontinued Operations

(311,535)

The company's current value of Discontinued Operations is estimated at (311,535)

Based on the latest financial disclosure, Golden Ocean Group has a Short Ratio of 3.33 times. This is 36.45% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The short ratio for all United States stocks is 16.75% higher than that of the company.

Golden Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Golden Ocean's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Golden Ocean could also be used in its relative valuation, which is a method of valuing Golden Ocean by comparing valuation metrics of similar companies.

Golden Ocean is currently under evaluation in short ratio category among its peers.

Golden Ocean Current Valuation Drivers

We derive many important indicators used in calculating different scores of Golden Ocean from analyzing Golden Ocean's financial statements. These drivers represent accounts that assess Golden Ocean's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Golden Ocean's important valuation drivers and their relationship over time.

		2019	2020	2021	2022	2023	2024 (projected)
Market Cap		887.9M	835.4M	664.7M	1.8B	1.6B	1.7B

Golden Ocean ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Golden Ocean's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Golden Ocean's managers, analysts, and investors.

Environmental

Governance

Social

Golden Ocean Institutional Holders

Institutional Holdings refers to the ownership stake in Golden Ocean that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Golden Ocean's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Golden Ocean's value.

		Shares
Voloridge Investment Management, Llc	2024-09-30	1.4 M
Hosking Partners Llp	2024-09-30	1.3 M
Hsbc Holdings Plc	2024-06-30	1.2 M
Empowered Funds, Llc	2024-06-30	882.5 K
Northern Trust Corp	2024-09-30	863.1 K
Barclays Plc	2024-06-30	722.8 K
Acadian Asset Management Llc	2024-06-30	697.7 K
Jacobs Levy Equity Management, Inc.	2024-09-30	694.3 K
Goldman Sachs Group Inc	2024-06-30	661.8 K
Folketrygdfondet	2024-09-30	7.5 M
Blackrock Inc	2024-06-30	6.5 M

Golden Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0541
	Profit Margin	0.22 %
	Operating Margin	0.34 %
	Current Valuation	3.29 B
	Shares Outstanding	200.03 M
	Shares Owned By Insiders	39.54 %
	Shares Owned By Institutions	38.90 %
	Number Of Shares Shorted	4.49 M
	Price To Earning	2.55 X
	Price To Book	1.05 X
	Price To Sales	2.07 X
	Revenue	885.77 M
	Gross Profit	551.12 M
	EBITDA	352.02 M
	Net Income	112.27 M
	Cash And Equivalents	163.98 M
	Cash Per Share	0.82 X
	Total Debt	1.47 B
	Debt To Equity	0.69 %
	Current Ratio	1.54 X
	Book Value Per Share	9.63 X
	Cash Flow From Operations	266.34 M
	Short Ratio	3.33 X
	Earnings Per Share	1.21 X
	Price To Earnings To Growth	131.35 X
	Target Price	14.67
	Number Of Employees	38
	Beta	1.23
	Market Capitalization	2.02 B
	Total Asset	3.49 B
	Retained Earnings	339.98 M
	Working Capital	52.73 M
	Current Asset	203.66 M
	Current Liabilities	80.03 M
	Annual Yield	0.11 %
	Net Asset	3.49 B

About Golden Ocean Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Golden Ocean Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Golden Ocean using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Golden Ocean Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:

How To Invest In Golden

Details

Is Golden Stock a good investment?

Details

What is Golden Ocean's Net Worth?

Details

Largest Marine Transportation Companies

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Largest Marine Shipping Companies

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Check out Golden Ocean Piotroski F Score and Golden Ocean Altman Z Score analysis.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Ocean. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.822

Earnings Share

1.21

Revenue Per Share

4.871

Quarterly Revenue Growth

0.172

Return On Assets

0.0541

The market value of Golden Ocean Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Ocean's value that differs from its market value or its book value, called intrinsic value, which is Golden Ocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Ocean's market value can be influenced by many factors that don't directly affect Golden Ocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Golden Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Ocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Golden Ocean Group Stock Short Ratio

Golden Ocean Group Company Short Ratio Analysis

Short Ratio

Short Interest

Average Trading Volume

Current Golden Ocean Short Ratio

Golden Short Ratio Driver Correlations

Golden Discontinued Operations

Discontinued Operations

(311,535)

Golden Short Ratio Peer Comparison

Golden Ocean Current Valuation Drivers

Golden Ocean ESG Sustainability

Golden Ocean Institutional Holders

Golden Fundamentals

About Golden Ocean Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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