Golden Ocean Group Limited Cash Flow - Annual (NASDAQ:GOGL)

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$8.39 $0.26 (3.01%) GOGL stock closing price Mar 19, 2018 (Closing)

The financial analysis of GOGL requires an investor to check the cash flows for Golden Ocean Group Limited. While its important to look at the Golden Ocean Group Limited debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Golden Ocean Group Limited revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Items like capital purchases, bank loan payments etc. which have a direct impact on the cash position of a company come out through the statemement of cash flows and help an investor who undertakes the Golden Ocean Group Limited stock analysis. Golden Ocean Group Limited generated $-23.05M cash from operating activities in 2016. Golden Ocean Group Limited had an outflow of $-23.05M from operating activities, $308.68M inflow due to financing activities, and $-175.31M outflow due to investing activities for 2016.

View details of Golden Ocean Group Limited cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow91.38M76.6M20.24M11.63M23.66M24.2M20.37M14.53M13.86M
Net Increase (Decrease) in Assets Liabilities-6.44M--11.61M-1.65M--14.47M3.54M-1.65M7.77M
Cash From (used in) Discontinued Operations---------
Other Adjustments Net19.71M129.37M-6.23M65.74M----
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-169.69M-137.29M-381.48M-9.63M66.99M--97.6M-116.47M-17.84M
Acquisition Disposition of Subsidiaires-129.08M-------
Increase (Decrease) in Investments-0.62M-32.15M-------
Other Cash Inflow (Outflow) from Investment Activities-4.98M152.93M64.63M----5M--
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares205.35M--51.16M--87.6M--
Issuance (Repayment) of Debt Securities104.23M-33.51M268.5M-16.67M-42.06M-3.6M---
Increase (Decrease) in Bank & Other Borrowings---------
Payment of Dividends & Other Cash Distributions---28.98M-18.18M-29.31M-48.85M-33.46M-4.27M-47.02M
Other Cash from (used by) Financing Activities-0.89M-3.82M-3.55M---0.07M-2.06M-1.28M-
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash---------
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year102.61M42.22M98.25M79.25M46.84M56.77M7.96M77.99M82.14M
Cash & Equivalents at Year End212.94M102.61M42.22M98.25M79.25M46.84M56.77M7.96M77.99M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Golden Ocean Group Limited stock price history and Golden Ocean Group Limited stock comparison chart inevitably reflect its cash flow situation.

  • Golden Ocean Group Limited had a Net Change in Cash and Cash Equivalents of $110.32M for the latest year 2016. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Golden Ocean Group Limited stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Cash Flow from operating activities: Golden Ocean Group Limited reported a negative operating cash flow of $-23.05M for 2016 and has seen a decrease from the previous year. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Growth companies, typically most tech companies; spend heavily on investing activities and this figure stood at $-175.31M for GOGL stock. Sometimes a company might have a negative overall cash flow which may not be really bad if it is due to investment expenses. Hence it is important to check the cash flow from investment activities.
  • Cash flow from financing activities shows the flow of cash between Golden Ocean Group Limited and its owners and creditors and was $308.68M for 2016. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For Golden Ocean Group Limited Cash Flow

FCF margin

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