Golden Ocean Group Ltd
General ticker "GOGL" information:
- Sector: Industrials
- Industry: Marine Transportation
- Capitalization: $1.9B
Golden Ocean Group Ltd follows the US Stock Market performance with the rate: 7.8%.
Estimated limits based on current volatility of 1.4%: low 8.60$, high 8.85$
Factors to consider:
- Company pays dividends: last record date 2024-12-09, amount 0.30$ (Y13.38%)
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [8.39$, 15.33$]
- 2024-12-30 to 2025-12-30 estimated range: [12.01$, 19.99$]
Financial Metrics affecting the GOGL estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.52
- Positive: Operating cash flow per share per price, % of 14.61 > 12.76
- Negative: 0.14 < Interest expense per share, $ of 0.52
- Negative: Industry inventory ratio change (median), % of 1.28 > 0.49
- Positive: Operating profit margin, % of 21.29 > 19.51
- Negative: 0 < Inventory ratio change, % of 0.88
Short-term GOGL quotes
Long-term GOGL plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,203.18MM | $1,113.46MM | $885.77MM |
| Operating Expenses | $689.57MM | $678.37MM | $697.15MM |
| Operating Income | $513.61MM | $435.09MM | $188.61MM |
| Non-Operating Income | $14.00MM | $27.14MM | $-75.80MM |
| Interest Expense | $39.91MM | $56.25MM | $103.66MM |
| Income(Loss) | $527.61MM | $462.23MM | $112.81MM |
| Taxes | $0.39MM | $0.38MM | $0.54MM |
| Profit(Loss) | $527.22MM | $461.85MM | $112.27MM |
| Stockholders Equity | $1,928.74MM | $1,917.03MM | $1,921.89MM |
| Inventory | $43.38MM | $45.43MM | $40.89MM |
| Assets | $3,454.18MM | $3,257.29MM | $3,489.02MM |
| Operating Cash Flow | $560.40MM | $503.39MM | $266.34MM |
| Capital expenditure | $445.00MM | $61.03MM | $477.54MM |
| Investing Cash Flow | $-390.02MM | $72.82MM | $-381.77MM |
| Financing Cash Flow | $-135.46MM | $-648.15MM | $96.00MM |
| Earnings Per Share* | $2.74 | $2.30 | $0.56 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.