Golden Ocean Net Worth
Golden Ocean Net Worth Breakdown | GOGL |
Golden Ocean Net Worth Analysis
Golden Ocean's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Golden Ocean's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Golden Ocean's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Golden Ocean's net worth analysis. One common approach is to calculate Golden Ocean's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Golden Ocean's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Golden Ocean's net worth. This approach calculates the present value of Golden Ocean's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Golden Ocean's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Golden Ocean's net worth. This involves comparing Golden Ocean's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Golden Ocean's net worth relative to its peers.
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To determine if Golden Ocean is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Golden Ocean's net worth research are outlined below:
| Golden Ocean Group generated a negative expected return over the last 90 days | |
| Golden Ocean Group has a poor financial position based on the latest SEC disclosures | |
| About 40.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Golden Ocean Group Ltd Stock Price Down 6.91 percent on Nov 27 |
Golden Ocean uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Golden Ocean Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Golden Ocean's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 21st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Golden Ocean's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Golden Ocean is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Golden Ocean Group backward and forwards among themselves. Golden Ocean's institutional investor refers to the entity that pools money to purchase Golden Ocean's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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 |
Follow Golden Ocean's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.02 B.Market Cap |
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Project Golden Ocean's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.06 | 0.10 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.06 | 0.11 |
When accessing Golden Ocean's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Golden Ocean's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Golden Ocean's profitability and make more informed investment decisions.
Evaluate Golden Ocean's management efficiency
Golden Ocean Group has return on total asset (ROA) of 0.0541 % which means that it generated a profit of $0.0541 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1125 %, meaning that it created $0.1125 on every $100 dollars invested by stockholders. Golden Ocean's management efficiency ratios could be used to measure how well Golden Ocean manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Golden Ocean's Return On Capital Employed is quite stable compared to the past year. Return On Equity is expected to rise to 0.11 this year, although the value of Return On Tangible Assets will most likely fall to 0.03. At this time, Golden Ocean's Total Assets are quite stable compared to the past year. Non Current Assets Total is expected to rise to about 3.4 B this year, although the value of Other Assets will most likely fall to about 26.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.61 | 9.13 | |
| Tangible Book Value Per Share | 9.61 | 9.13 | |
| Enterprise Value Over EBITDA | 9.39 | 6.89 | |
| Price Book Value Ratio | 1.02 | 1.22 | |
| Enterprise Value Multiple | 9.39 | 6.89 | |
| Price Fair Value | 1.02 | 1.22 | |
| Enterprise Value | 1.6 B | 1.7 B |
At Golden Ocean Group, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Enterprise Value Revenue 3.2523 | Revenue 972.7 M | Quarterly Revenue Growth 0.172 | Revenue Per Share 4.871 | Return On Equity 0.1125 |
Golden Ocean Corporate Filings
6K | 27th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 20th of March 2024 Other Reports | ViewVerify |
Golden Ocean Earnings per Share Projection vs Actual
Golden Ocean Corporate Management
| LarsChristian Svensen | Chief Officer | Profile | |
| Peder Simonsen | Interim AS | Profile | |
| Ulrik Andersen | Chief AS | Profile | |
| Tord Brath | Head Operations | Profile |
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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.