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.
Enterprise Value |
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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:
| About 49.0% of the company shares are held by company insiders | |
| On 17th of June 2025 Golden Ocean paid $ 0.05 per share dividend to its current shareholders | |
| Latest headline from au.finance.yahoo.com: Jefferies looks to Seven is new strategy announcement after in-line Q1 results |
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 |
Golden Ocean Target Price Consensus
Golden target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Golden Ocean's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 3 | Hold |
Most Golden analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Golden stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Golden Ocean Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationGolden Ocean Target Price Projection
Golden Ocean's current and average target prices are 8.23 and 9.00, respectively. The current price of Golden Ocean is the price at which Golden Ocean Group is currently trading. On the other hand, Golden Ocean's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Golden Ocean Target Price
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 | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 1.5 M | Goldman Sachs Group Inc | 2025-03-31 | 1.5 M | Bank Of New York Mellon Corp | 2025-03-31 | 1.3 M | Royal Bank Of Canada | 2025-03-31 | 1.3 M | Hosking Partners Llp | 2025-03-31 | 1.1 M | Ubs Group Ag | 2025-03-31 | 1.1 M | Empowered Funds, Llc | 2025-03-31 | 980.1 K | Northern Trust Corp | 2025-03-31 | 962.3 K | Bank Of America Corp | 2025-03-31 | 916.9 K | Folketrygdfondet | 2025-03-31 | 7.4 M | Blackrock Inc | 2025-03-31 | 6.7 M |
Follow Golden Ocean's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.64 B.Market Cap |
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Project Golden Ocean's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.10 | 0.10 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.12 | 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 0.0343 % which means that it generated a profit of $0.0343 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0606 %, meaning that it created $0.0606 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 Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.07 this year, although the value of Return On Capital Employed will most likely fall to 0.1. At this time, Golden Ocean's Return On Assets are quite stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.50 | 9.03 | |
| Tangible Book Value Per Share | 9.50 | 9.03 | |
| Enterprise Value Over EBITDA | 7.03 | 6.85 | |
| Price Book Value Ratio | 0.94 | 1.21 | |
| Enterprise Value Multiple | 7.03 | 6.85 | |
| Price Fair Value | 0.94 | 1.21 | |
| 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 3.4361 | Revenue | Quarterly Revenue Growth (0.42) | Revenue Per Share | Return On Equity |
Golden Ocean Corporate Filings
| 18th of July 2025 Other Reports | ViewVerify | |
6K | 17th of July 2025 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 |
| 30th of May 2025 Other Reports | ViewVerify | |
| 20th of March 2025 Other Reports | ViewVerify |
Golden Ocean Earnings Estimation Breakdown
The calculation of Golden Ocean's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Golden Ocean is estimated to be 0.0075 with the future projection ranging from a low of 0.07 to a high of 0.1555. Please be aware that this consensus of annual earnings estimates for Golden Ocean Group is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.07 Lowest | Expected EPS | 0.16 Highest |
Golden Ocean Earnings Projection Consensus
Suppose the current estimates of Golden Ocean's value are higher than the current market price of the Golden Ocean stock. In this case, investors may conclude that Golden Ocean is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Golden Ocean's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2025 | Current EPS (TTM) | |
| 3 | 73.25% | -0.22 | 0.0075 | 0.57 |
Golden Ocean Earnings per Share Projection vs Actual
Actual Earning per Share of Golden Ocean refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Golden Ocean Group predict the company's earnings will be in the future. The higher the earnings per share of Golden Ocean, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Golden Ocean Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Golden Ocean, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Golden Ocean should always be considered in relation to other companies to make a more educated investment decision.Golden Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Golden Ocean's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
2025-05-21 | 2025-03-31 | -0.17 | -0.22 | -0.05 | 29 | ||
2025-02-28 | 2024-12-31 | 0.1914 | 0.06 | -0.1314 | 68 | ||
2024-11-29 | 2024-09-30 | 0.32 | 0.33 | 0.01 | 3 | ||
2024-08-28 | 2024-06-30 | 0.3 | 0.31 | 0.01 | 3 | ||
2024-05-22 | 2024-03-31 | 0.26 | 0.33 | 0.07 | 26 | ||
2024-02-28 | 2023-12-31 | 0.27 | 0.29 | 0.02 | 7 | ||
2023-11-21 | 2023-09-30 | 0.06 | 0.14 | 0.08 | 133 | ||
2023-08-29 | 2023-06-30 | 0.12 | 0.17 | 0.05 | 41 | ||
2023-05-16 | 2023-03-31 | -0.04 | -0.04 | 0.0 | 0 | ||
2023-02-16 | 2022-12-31 | 0.21 | 0.31 | 0.1 | 47 | ||
2022-11-16 | 2022-09-30 | 0.5 | 0.35 | -0.15 | 30 | ||
2022-08-25 | 2022-06-30 | 0.53 | 0.73 | 0.2 | 37 | ||
2022-05-19 | 2022-03-31 | 0.38 | 0.53 | 0.15 | 39 | ||
2022-02-16 | 2021-12-31 | 0.87 | 1.02 | 0.15 | 17 | ||
2021-11-24 | 2021-09-30 | 0.63 | 0.95 | 0.32 | 50 | ||
2021-08-26 | 2021-06-30 | 0.41 | 0.45 | 0.04 | 9 | ||
2021-05-20 | 2021-03-31 | 0.07 | 0.11 | 0.04 | 57 | ||
2021-02-18 | 2020-12-31 | 0.24 | 0.14 | -0.1 | 41 | ||
2020-11-19 | 2020-09-30 | 0.16 | 0.25 | 0.09 | 56 | ||
2020-08-18 | 2020-06-30 | -0.26 | -0.27 | -0.01 | 3 | ||
2020-05-27 | 2020-03-31 | -0.21 | -0.25 | -0.04 | 19 | ||
2020-02-18 | 2019-12-31 | 0.26 | 0.23 | -0.03 | 11 | ||
2019-11-21 | 2019-09-30 | 0.26 | 0.27 | 0.01 | 3 | ||
2019-08-15 | 2019-06-30 | -0.15 | -0.15 | 0.0 | 0 | ||
2019-05-22 | 2019-03-31 | -0.05 | -0.05 | 0.0 | 0 | ||
2019-02-19 | 2018-12-31 | 0.13 | 0.18 | 0.05 | 38 | ||
2018-11-20 | 2018-09-30 | 0.19 | 0.23 | 0.04 | 21 | ||
2018-08-17 | 2018-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2018-05-30 | 2018-03-31 | 0.07 | 0.07 | 0.0 | 0 | ||
2018-02-20 | 2017-12-31 | 0.14 | 0.17 | 0.03 | 21 | ||
2017-11-21 | 2017-09-30 | -0.05 | -0.0027 | 0.0473 | 94 | ||
2017-08-17 | 2017-06-30 | -0.1 | -0.07 | 0.03 | 30 | ||
2017-05-24 | 2017-03-31 | -0.17 | -0.17 | 0.0 | 0 | ||
2017-02-28 | 2016-12-31 | -0.11 | -0.1 | 0.01 | 9 | ||
2016-11-22 | 2016-09-30 | -0.3 | -0.25 | 0.05 | 16 | ||
2016-08-27 | 2016-06-30 | -0.27 | -0.32 | -0.05 | 18 | ||
2016-05-24 | 2016-03-31 | -0.58 | -0.65 | -0.07 | 12 | ||
2016-02-18 | 2015-12-31 | -0.88 | -1.05 | -0.17 | 19 | ||
2015-11-24 | 2015-09-30 | -0.54 | -0.95 | -0.41 | 75 | ||
2015-08-27 | 2015-06-30 | -0.94 | -0.95 | -0.01 | 1 | ||
2015-05-28 | 2015-03-31 | -1.23 | -0.9 | 0.33 | 26 | ||
2015-02-27 | 2014-12-31 | -0.14 | -0.05 | 0.09 | 64 | ||
2014-11-21 | 2014-09-30 | -0.22 | -0.85 | -0.63 | 286 | ||
2014-08-13 | 2014-06-30 | 0.14 | 0.1 | -0.04 | 28 | ||
2014-05-08 | 2014-03-31 | 0.17 | 0.15 | -0.02 | 11 | ||
2014-02-05 | 2013-12-31 | 0.55 | 0.6 | 0.05 | 9 | ||
2013-11-14 | 2013-09-30 | 0.3 | 0.2 | -0.1 | 33 | ||
2013-08-14 | 2013-06-30 | -0.06 | -0.15 | -0.09 | 150 | ||
2013-05-08 | 2013-03-31 | -0.09 | -0.1 | -0.01 | 11 | ||
2013-02-06 | 2012-12-31 | 0.18 | 0.25 | 0.07 | 38 | ||
2012-11-07 | 2012-09-30 | 0.45 | -0.55 | -1.0 | 222 | ||
2012-08-15 | 2012-06-30 | 1.45 | 0.4 | -1.05 | 72 | ||
2012-05-11 | 2012-03-31 | 1.66 | 1.45 | -0.21 | 12 | ||
2012-02-08 | 2011-12-31 | 1.77 | 1.95 | 0.18 | 10 | ||
2011-11-09 | 2011-09-30 | 1.64 | 1.85 | 0.21 | 12 | ||
2011-08-16 | 2011-06-30 | 2.04 | 1.5 | -0.54 | 26 | ||
2011-05-10 | 2011-03-31 | 2.04 | 1.75 | -0.29 | 14 | ||
2011-02-08 | 2010-12-31 | 2.26 | 1.25 | -1.01 | 44 | ||
2010-11-10 | 2010-09-30 | 2.53 | 2.4 | -0.13 | 5 | ||
2010-08-12 | 2010-06-30 | 3.41 | 3.95 | 0.54 | 15 | ||
2010-05-12 | 2010-03-31 | 3.68 | 3.0 | -0.68 | 18 | ||
2010-02-09 | 2009-12-31 | 2.31 | 2.65 | 0.34 | 14 | ||
2009-11-12 | 2009-09-30 | 1.55 | 0.9 | -0.65 | 41 | ||
2009-08-14 | 2009-06-30 | 1.46 | 0.9 | -0.56 | 38 | ||
2009-05-14 | 2009-03-31 | 1.9 | 1.9 | 0.0 | 0 | ||
2009-02-06 | 2008-12-31 | 2.32 | 2.25 | -0.07 | 3 | ||
2008-11-06 | 2008-09-30 | 3.4 | 3.3 | -0.1 | 2 | ||
2008-08-13 | 2008-06-30 | 2.96 | 4.15 | 1.19 | 40 | ||
2008-05-15 | 2008-03-31 | 3.68 | 4.35 | 0.67 | 18 | ||
2008-02-13 | 2007-12-31 | 1.96 | 3.3 | 1.34 | 68 | ||
2007-11-09 | 2007-09-30 | 2 | 2.2 | 0.2 | 10 | ||
2007-08-13 | 2007-06-30 | 2.63 | 2.1 | -0.53 | 20 | ||
2007-05-16 | 2007-03-31 | 2.34 | 2.85 | 0.51 | 21 | ||
2007-02-14 | 2006-12-31 | 3.2 | 2.65 | -0.55 | 17 | ||
2006-11-14 | 2006-09-30 | 4.19 | 4.25 | 0.06 | 1 | ||
2006-08-11 | 2006-06-30 | 2.41 | 2.3 | -0.11 | 4 | ||
2006-05-16 | 2006-03-31 | 4.37 | 4.15 | -0.22 | 5 | ||
2006-02-13 | 2005-12-31 | 3.57 | 4.65 | 1.08 | 30 | ||
2005-11-10 | 2005-09-30 | 0.85 | 1.1 | 0.25 | 29 | ||
2005-08-12 | 2005-06-30 | 2.3 | 2.15 | -0.15 | 6 | ||
2005-05-09 | 2005-03-31 | 4.75 | 5.0 | 0.25 | 5 | ||
2005-02-15 | 2004-12-31 | 6.75 | 8.75 | 2.0 | 29 | ||
2004-11-02 | 2004-09-30 | 3.45 | 4.5 | 1.05 | 30 | ||
2004-08-15 | 2004-06-30 | 4.3 | 4.3 | 0.0 | 0 | ||
2003-12-08 | 2003-09-30 | 0.95 | 0.839 | -0.111 | 11 | ||
2003-08-15 | 2003-06-30 | 4.5 | 3.65 | -0.85 | 18 | ||
2002-04-16 | 2002-03-31 | 0.95 | 0.95 | 0.0 | 0 | ||
2001-10-23 | 2001-09-30 | 2.3 | 2.3 | 0.0 | 0 | ||
2001-01-01 | 2000-12-31 | 5.88 | 6.3907 | 0.5107 | 8 | ||
2000-12-08 | 2000-09-30 | 3.3 | 4.5 | 1.2 | 36 | ||
2000-07-17 | 2000-06-30 | 2.17 | 1.75 | -0.42 | 19 | ||
2000-05-01 | 2000-03-31 | 0.95 | 0.95 | 0.0 | 0 | ||
1999-10-25 | 1999-09-30 | 1 | 0.95 | -0.05 | 5 | ||
1999-07-21 | 1999-06-30 | 1 | 0.9 | -0.1 | 10 | ||
1999-05-07 | 1999-03-31 | 0.95 | 0.9 | -0.05 | 5 |
Golden Ocean Corporate Management
| LarsChristian Svensen | Chief Officer | Profile | |
| Randi Bekkelund | Chief Officer | Profile | |
| Peder Simonsen | Chief Officer | Profile | |
| Ulrik Andersen | Chief AS | Profile | |
| Tord Brath | Head Operations | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Ocean Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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 (0.32) | Dividend Share 0.8 | Earnings Share 0.57 | Revenue Per Share | Quarterly Revenue Growth (0.42) |
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.