Company Quick10K Filing
Golden Ocean Group
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 144 $852
20-F 2019-03-22 Annual: 2018-12-31
20-F 2018-03-21 Annual: 2017-12-31
20-F 2017-04-05 Annual: 2016-12-31
20-F 2016-04-14 Annual: 2015-12-31
20-F 2014-03-06 Annual: 2013-12-31
20-F 2013-04-15 Annual: 2012-12-31
20-F 2012-04-27 Annual: 2011-12-31
20-F 2011-03-18 Annual: 2010-12-31
20-F 2010-03-17 Annual: 2009-12-31

Golden Ocean Group Financials

GOGL Metrics, Comps, Filings

Annual | Quarterly

Business

On September 18, 1996, we were incorporated in Bermuda under the name Knightsbridge Tankers Limited as an exempted company pursuant to the Bermuda Companies Act 1981. In October 2014, we changed our name to Knightsbridge Shipping Limited. Following the completion of the Merger on March 31, 2015, we changed our name to Golden Ocean Group Limited. Our registered and principal executive offices are located at Par-la-Ville Place, 14 Par-la-Ville Road, Hamilton, HM 08, Bermuda, and our telephone number at this location is +1 (441) 295-6935.

Our common shares currently trade on the NASDAQ Global Select Market and the OSE under the ticker code "GOGL".

We are engaged primarily in the ownership and operation of dry bulk vessels. We operate through subsidiaries located in Bermuda, Liberia, the Marshall Islands, Norway, and Singapore. We are also involved in the charter, purchase and sale of vessels.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Ship Finance International (SFL) 1,294 0% 3,878 2,698 0 0 0 0 3,182
Teekay LNG Partners (TGP) 956 0% 5,385 3,502 0 0 0 0 2,721
Frontline (FRO) 944 0% 3,078 1,914 0 0 0 0 2,617
SEACOR Holdings (CKH) 907 0% 6.7 4% 1,603 695 841 0 62 161 1,080
Tidewater (TDW) 866 3% -17.8 -9% 1,792 679 457 12 -158 -51 911
Gaslog Partners (GLOP) 854 0% 2,489 0 0 0 0 854
Golden Ocean Group (GOGL) 852 0% 2,951 1,428 0 0 0 0 1,829
Star Bulk Carriers (SBLK) 815 0% 3,022 1,502 0 0 0 0 601
Malibu Boats (MBUU) 771 24% 8.0 15% 451 241 684 166 70 107 857
Golar LNG Partners (GMLP) 742 0% 2,241 1,481 0 0 0 0 1,756
Knot Offshore Partners (KNOP) 591 0% 1,837 1,105 0 0 0 0 1,636
DHT Holdings (DHT) 581 0% 1,864 1,002 0 0 0 0 1,548
Marine Products (MPX) 557 22% 14.5 25% 114 35 306 68 29 38 544
DryShips (DRYS) 540 0% 1,011 374 0 0 0 0 675
Navigator Holdings (NVGS) 513 0% 1,833 878 0 0 0 0 1,117
International Seaways (INSW) 506 0% 7.3 1% 1,865 870 373 0 12 159 1,150
Costamare (CMRE) 505 0% 3,051 1,694 0 0 0 0 1,655
Teekay Offshore Partners (TOO) 505 0% 5,312 3,853 0 0 0 0 3,413
Doriang (LPG) 478 0% 27.2 -1% 1,619 700 192 0 -24 41 1,115
Scorpio Bulkers (SALT) 399 0% -3.4 -19% 1,704 843 100 0 -324 -324 1,098

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash4779984249546363
Accounts Receivable82331022328
Inventory4121315182028
PP&E3063069151,5411,8742,400
Assets5213974101,2632,1792,3622,8702,951
Accounts Payable21153358
Long-Term Debt150112953649341,0581,2441,349
Liabilities1611201023781,0201,1231,3761,428
Stockholders' Equity360
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue953738971902584604
Cost of Revenue
Gross Profit
R&D
SG&A445512131315
Tax0000
Net Income33-53-416-221-128-285
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating43371225-15-2394187
Cash Investing067-10-317113-175-26-141
Cash Financing-53-7116236-3730929-45