Golden Ocean Group Limited
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Golden Ocean Group Limited generated cash of $266,337,000, which is less than the previous year. Cash used in financing activities reached the amount of $95,997,000 last year. Net change in cash is therefore -$19,437,000.
Cash Flow
| 2014 | 24.86M | -316.85M | 235.95M |
|---|---|---|---|
| 2015 | -14.82M | 112.56M | -37.34M |
| 2016 | -23.05M | -175.31M | 308.68M |
| 2017 | 94.62M | -27.42M | 28.89M |
| 2018 | 186.54M | -141.19M | -44.72M |
| 2019 | 158.43M | -73.05M | -294.74M |
| 2020 | 140.64M | -19.15M | -109.63M |
| 2021 | 560.39M | -390.02M | -135.45M |
| 2022 | 503.38M | 72.81M | -648.14M |
| 2023 | 266.33M | -381.77M | 95.99M |
GOGL Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 138.07M | 210.01M | 175.10M | 163.24M | 372.60M | 371.98M | 212.94M | 102.61M | 42.22M | 98.25M |
Operating activities | ||||||||||
Net income | 112.26M | 461.84M | 527.21M | -137.66M | 37.18M | 84.53M | -2.34M | -127.71M | -220.83M | 15.99M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 135.54M | 129.83M | 123.69M | 111.30M | 93.84M | 92.14M | 78.09M | 64.77M | 54.29M | 20.24M |
Stock-based compensation expense | 273K | 566K | 620K | 264K | 482K | 537K | 575K | 86K | -10K | 249K |
| Deferred income tax benefit | 273K | 566K | 620K | 264K | 482K | 537K | 575K | 86K | -10K | 249K |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -7.52M | 13.88M | -6.13M | 22.89M | -18.24M | -4.76M | -8.60M | -5.32M | -5.03M | 528K |
Inventories | 3.53M | -2.05M | -18.21M | 3.07M | -81K | -8.01M | -2.18M | -2.79M | 7.70M | -11.51M |
Accounts payable | -1.21M | 681K | -11.93M | 6M | 4.64M | 2.35M | 2.51M | 348K | -5.44M | 1.86M |
Cash generated by operating activities | 266.33M | 503.38M | 560.39M | 140.64M | 158.43M | 186.54M | 94.62M | -23.05M | -14.82M | 24.86M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -937K | -937K | -1.69M | -1.06M | 14.35M | -9.84M | 98.09M | -32.15M | 0 |
Investments In Property Plant And Equipment | -477.54M | -61.03M | -444.99M | -25.27M | -44.11M | -158.23M | -158.69M | -267.53M | -519.01M | -381.48M |
Acquisitions Net | 94.84M | 937K | 937K | 1.69M | -19.47M | 45K | 6.55M | -754K | 237.72M | 68.56M |
Cash generated by investing activities | -381.77M | 72.81M | -390.02M | -19.15M | -73.05M | -141.19M | -27.42M | -175.31M | 112.56M | -316.85M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 352.86M | 169K | 0 | 304K | 122.52M | 205.35M | 0 | 0 |
Payments for dividends | -100.02M | -471.67M | -320.69M | -7.16M | -46.61M | -64.91M | 0 | 0 | 0 | -28.98M |
Repurchases of common stock | -8.35M | -3.27M | 0 | -169K | -5.50M | -1.89M | 0 | 0 | 0 | 0 |
Repayments of term debt | 208.59M | -171.27M | -163.16M | -439.11M | -236.99M | -247.02M | -93.62M | -37.96M | -33.52M | -1.5M |
Cash used in financing activities | 95.99M | -648.14M | -135.45M | -109.63M | -294.74M | -44.72M | 28.89M | 308.68M | -37.34M | 235.95M |
Net Change In Cash | -19.43M | -71.94M | 34.91M | 11.85M | -209.36M | 621K | 96.08M | 110.32M | 60.39M | -56.02M |
Cash at end of period | 118.63M | 138.07M | 210.01M | 175.10M | 163.24M | 372.60M | 309.02M | 212.94M | 102.61M | 42.22M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |