Golden Ocean Group Limited

NasdaqGS GOGL

Golden Ocean Group Limited Debt to Equity Ratio for the year ending December 31, 2023: 0.76

Golden Ocean Group Limited Debt to Equity Ratio is 0.76 for the year ending December 31, 2023, a 17.73% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Golden Ocean Group Limited Debt to Equity Ratio for the year ending December 31, 2022 was 0.65, a -11.69% change year over year.
Golden Ocean Group Limited Debt to Equity Ratio for the year ending December 31, 2021 was 0.74, a -18.71% change year over year.
Golden Ocean Group Limited Debt to Equity Ratio for the year ending December 31, 2020 was 0.91, a 2.29% change year over year.
Golden Ocean Group Limited Debt to Equity Ratio for the year ending December 31, 2019 was 0.88, a -0.63% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NasdaqGS: GOGL

Golden Ocean Group Limited

CEO	Mr. Peder Carl Gram Simonsen
IPO Date	Feb. 7, 1997
Location	Bermuda
Headquarters	Par-la-Ville Place
Employees	38
Sector	Industrials
Industries Maritime Shipping Container Shipping Logistics & Freight

Description

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.

Key trends

Past 5 years