GOGL
Price:
$12.98
Market Cap:
$2.60B
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.[Read more]
Industry
Marine Shipping
IPO Date
1997-02-07
Stock Exchange
NASDAQ
Ticker
GOGL
According to Golden Ocean Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.17. This represents a change of -1.26% compared to the average of 1.18 of the last 4 quarters.
The mean historical Current Ratio of Golden Ocean Group Limited over the last ten years is 2.04. The current 1.17 Current Ratio has changed 5.62% with respect to the historical average. Over the past ten years (40 quarters), GOGL's Current Ratio was at its highest in in the December 2016 quarter at 6.88. The Current Ratio was at its lowest in in the June 2020 quarter at 0.41.
Average
2.04
Median
1.45
Minimum
0.85
Maximum
6.88
Discovering the peaks and valleys of Golden Ocean Group Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 285.68%
Maximum Annual Current Ratio = 6.88
Minimum Annual Increase = -85.85%
Minimum Annual Current Ratio = 0.85
Year | Current Ratio | Change |
---|---|---|
2023 | 1.23 | -12.77% |
2022 | 1.41 | -5.07% |
2021 | 1.49 | 26.48% |
2020 | 1.18 | 0.61% |
2019 | 1.17 | 37.38% |
2018 | 0.85 | -65.18% |
2017 | 2.45 | -64.44% |
2016 | 6.88 | 285.68% |
2015 | 1.78 | -10.73% |
2014 | 2.00 | -85.85% |
The current Current Ratio of Golden Ocean Group Limited (GOGL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.38
5-year avg
1.30
10-year avg
2.04
Golden Ocean Group Limited’s Current Ratio is less than Genco Shipping & Trading Limited (3.59), greater than Eagle Bulk Shipping Inc. (0.89), less than Global Ship Lease, Inc. (1.42), greater than Diana Shipping Inc. (0), less than Star Bulk Carriers Corp. (1.51), less than Danaos Corporation (4.18), less than OceanPal Inc. (12.38), less than Costamare Inc. (1.61), less than Navios Maritime Partners L.P. (3.72),
Company | Current Ratio | Market cap |
---|---|---|
3.59 | $787.60M | |
0.89 | $693.38M | |
1.42 | $893.49M | |
0 | $309.13M | |
1.51 | $2.70B | |
4.18 | $1.68B | |
12.38 | $13.00M | |
1.61 | $1.75B | |
3.72 | $1.91B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Golden Ocean Group Limited using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Golden Ocean Group Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Golden Ocean Group Limited's Current Ratio?
How is the Current Ratio calculated for Golden Ocean Group Limited (GOGL)?
What is the highest Current Ratio for Golden Ocean Group Limited (GOGL)?
What is the 3-year average Current Ratio for Golden Ocean Group Limited (GOGL)?
What is the 5-year average Current Ratio for Golden Ocean Group Limited (GOGL)?
How does the current Current Ratio for Golden Ocean Group Limited (GOGL) compare to its historical average?