Golden Ocean Group Limited
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Golden Ocean Group Limited's balance sheet done over the years? Its assets were worth $3,489,018,000 last year, which is more than in the previous period. 45% of Golden Ocean Group Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $1,567,127,000, which means an increase by 17% compared compared to last year.
Debt to Assets
| 2014 | 1262740000 | 378.46M | 29.97% |
|---|---|---|---|
| 2015 | 2178667000 | 1.02B | 46.82% |
| 2016 | 2361621000 | 1.12B | 47.55% |
| 2017 | 2870054000 | 1.37B | 47.94% |
| 2018 | 2951355000 | 1.42B | 48.38% |
| 2019 | 2966057000 | 1.45B | 48.98% |
| 2020 | 2721067000 | 1.35B | 49.7% |
| 2021 | 3454177000 | 1.52B | 44.16% |
| 2022 | 3257291000 | 1.34B | 41.15% |
| 2023 | 3489018000 | 1.56B | 44.92% |
GOGL Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 116.38M | 134.78M | 197.03M | 153.09M | 88.93M | 305.35M | 309.02M | 212.94M | 102.61M | 42.22M |
Short term investments | 0 | 2.18M | 1.68M | 3.68M | 13.86M | 12.03M | 16.3M | 6.52M | 14.61M | 0 |
Net receivables | 95.34M | 94.03M | 100.68M | 65.53M | 113.23M | 88.24M | 23.36M | 55.18M | 63.31M | 7.97M |
Inventory | 40.88M | 45.43M | 43.38M | 25.16M | 28.23M | 28.15M | 20.14M | 17.95M | 15.15M | 13.24M |
Other current assets | 25.06M | 161.07M | 159.37M | 109.42M | 168.69M | 135.61M | 72.80M | 86.67M | 60M | 844K |
Total current assets | 278.91M | 299.14M | 369.39M | 284.52M | 273.07M | 461.23M | 444.49M | 299.93M | 203.66M | 64.27M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 3.12B | 2.85B | 3.03B | 2.40B | 2.58B | 2.40B | 2.32B | 1.94B | 1.83B | 1.17B |
Goodwill | 0 | 0 | 0 | 0 | 0 | -17.99M | -37.53M | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 4.07M | 16.22M | 34.95M | 53.68M | 74.54M | 0 |
Long term investments | 74.12M | 65.4M | 41.34M | 16.39M | 21.48M | 1.65M | 2.28M | 4.22M | 6.22M | 0 |
Other non-current assets | 15.65M | 35.82M | 8.94M | 16.23M | 81.90M | 82.5M | 102.76M | 115.01M | 133.60M | 22.45M |
Total non-current assets | 3.21B | 2.95B | 3.08B | 2.43B | 2.69B | 2.49B | 2.42B | 2.06B | 1.97B | 1.19B |
Total assets | 3.48B | 3.25B | 3.45B | 2.72B | 2.96B | 2.95B | 2.87B | 2.36B | 2.17B | 1.26B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 680K | 32.80M | 36.14M | 25.93M | 29.77M | 20.94M | 22.63M | 11.43M | 5.13M | 3.28M |
Short term debt | 131.71M | 116.79M | 141.47M | 128.08M | 119.66M | 477.41M | 116.82M | 4.85M | 38.00M | 19.81M |
Total current liabilities | 226.19M | 211.62M | 248.07M | 241.67M | 233.36M | 541.50M | 181.72M | 43.60M | 114.19M | 32.17M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.33B | 1.12B | 1.27B | 1.11B | 1.21B | 879.06M | 1.18B | 1.07B | 925.64M | 343.68M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.57M | 0 | 0 | 0 | 0 | 380.23M | 8.05M | 8.21M | 14.33M | 0 |
Total non-current liabilities | 1.34B | 1.12B | 1.27B | 1.11B | 1.21B | 886.34M | 1.19B | 1.07B | 905.82M | 346.29M |
Total liabilities | 1.56B | 1.34B | 1.52B | 1.35B | 1.45B | 1.42B | 1.37B | 1.12B | 1.02B | 378.46M |
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