Golden Ocean Group Limited Balance Sheet - Quarterly (NASDAQ:GOGL)

Add to My Stocks
$7.93 $0.24 (2.94%) GOGL stock closing price Mar 23, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Golden Ocean Group Limited stock analysis. As in our Golden Ocean Group Limited stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. A company releases its balance sheet every quarter along with its quarterly results. Golden Ocean Group Limited had a long term debt of $1.3B at the end of 2017 Q3. To understand the debt servicing capacity of the company, one needs to look at Golden Ocean Group Limited operating cash flow and Golden Ocean Group Limited revenue also. Golden Ocean Group Limited debt to equity ratio is 0.87.

View and download Golden Ocean Group Limited quarterly results to get the balance sheet details for the latest 40 quarters data.
show more
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Marketable Securities---8.11M---16.25M-
Raw Materials---------
Work In Progress---------
Finished Goods---------
Notes Receivable---------
Other Current Assets109.56M107.96M99.88M32.93M92.92M89.55M81.76M36.2M122.84M
Total Current Assets
Property Plant & Equipment---------
Accumulated Depreciation---------
Net Property Plant & Equipment
Investment & Advances---4.22M---6.22M-
Other Non-Current Assets---------
Deferred Charges-------5.79M-
Deposits & Other Assets255.6M122.58M117.77M115.01M122.64M127.89M131.22M127.81M169.16M
Total Assets
Notes Payable------3.6M--
Accounts Payable---4.26M---6.63M-
Current Portion Long-Term Debt28.78M-54.04M-4.76M14.6M15.17M20.38M66.75M
Current Portion Capital Leases5.14M5.04M4.94M4.85M---15.74M-
Accrued Expenses---17.86M---17.87M-
Income Taxes Payable---------
Other Current Liabilities54.64M51.89M45.27M16.6M63.76M57.38M49.16M19.39M58.27M
Total Current Liabilities
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt1.3B1.29B1.06B1.06B1.07B1.07B1.04B913.91M913.69M
Non-Current Capital Leases8.79M10.12M11.41M12.67M---17.53M-
Other Long-Term Liabilities8.09M8.13M8.17M8.21M8.34M8.38M8.49M8.54M8.87M
Total Liabilities
Minority Interest---------
Preferred Stock---------
Common Stock Net6.61M6.47M5.72M5.29M5.29M5.29M5.29M1.72M-
Capital Surplus1.75B1.74B1.64B1.58B1.58B1.58B1.58B1.38B-
Retained Earnings-379.02M-379.39M-367.43M-349.55M-356.03M-329.29M-290.08M-221.84M-
Treasury Stock---------
Other Liabilities4.87M4.93M7.64M2.28M--0.63M---
Shareholders Equity1.39B1.37B1.28B1.24B1.23B1.26B1.3B1.16B1.22B
Total Liabilities & Shareholders Equity2.79B2.73B2.47B2.36B2.38B2.4B2.41B2.18B2.26B
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

The latest Golden Ocean Group Limited stock price, and Golden Ocean Group Limited historical stock prices show the stock price movement over time, and the Golden Ocean Group Limited PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: An asset is a resource that a corporation like Golden Ocean Group Limited owns and has monetary significance. GOGL assets grew from $2.73B in 2017 Q2 to $2.79B in 2017 Q3. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: The total liabilities of Golden Ocean Group Limited for the quarter 2017 Q3 total to $1.41B. Liabilities for a company like Golden Ocean Group Limited include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Golden Ocean Group Limited Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio