Golden Ocean Net Worth
Golden Ocean Net Worth Breakdown | GOGL |
Golden Ocean Net Worth Analysis
Golden Ocean's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Golden Ocean's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Golden Ocean's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Golden Ocean's net worth analysis. One common approach is to calculate Golden Ocean's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Golden Ocean's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Golden Ocean's net worth. This approach calculates the present value of Golden Ocean's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Golden Ocean's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Golden Ocean's net worth. This involves comparing Golden Ocean's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Golden Ocean's net worth relative to its peers.
Enterprise Value |
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To determine if Golden Ocean is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Golden Ocean's net worth research are outlined below:
| Golden Ocean Group has a poor financial position based on the latest SEC disclosures | |
| About 40.0% of the company shares are held by company insiders | |
| On 25th of March 2024 Golden Ocean paid $ 0.3 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Golden Ocean Group Increases Despite Market Slip Heres What You Need to Know |
Golden Ocean uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Golden Ocean Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Golden Ocean's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 21st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Golden Ocean Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Golden target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Golden Ocean's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Strong Buy |
Most Golden analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Golden stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Golden Ocean Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationGolden Ocean Target Price Projection
Golden Ocean's current and average target prices are 14.05 and 10.37, respectively. The current price of Golden Ocean is the price at which Golden Ocean Group is currently trading. On the other hand, Golden Ocean's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Golden Ocean Market Quote on 29th of April 2024
Target Price
Analyst Consensus On Golden Ocean Target Price
Know Golden Ocean's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Golden Ocean is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Golden Ocean Group backward and forwards among themselves. Golden Ocean's institutional investor refers to the entity that pools money to purchase Golden Ocean's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Marshall Wace Asset Management Ltd | 2023-12-31 | 902.9 K | Northern Trust Corp | 2023-12-31 | 890.6 K | Two Sigma Advisers, Llc | 2023-12-31 | 882.5 K | Barclays Plc | 2023-12-31 | 854.2 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 838.6 K | Hsbc Holdings Plc | 2023-12-31 | 712.8 K | Empowered Funds, Llc | 2023-12-31 | 607.3 K | Arrowstreet Capital Limited Partnership | 2023-12-31 | 550.3 K | Jpmorgan Chase & Co | 2023-12-31 | 538.5 K | Folketrygdfondet | 2023-12-31 | 9.4 M | Blackrock Inc | 2023-12-31 | 7 M |
Follow Golden Ocean's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Golden Ocean's market, we take the total number of its shares issued and multiply it by Golden Ocean's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Golden Ocean's profitablity
Golden Ocean's profitability indicators refer to fundamental financial ratios that showcase Golden Ocean's ability to generate income relative to its revenue or operating costs. If, let's say, Golden Ocean is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Golden Ocean's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Golden Ocean's profitability requires more research than a typical breakdown of Golden Ocean's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.06 | 0.1 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.06 | 0.11 |
When accessing Golden Ocean's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Golden Ocean's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Golden Ocean's profitability and make more informed investment decisions.
The data published in Golden Ocean's official financial statements usually reflect Golden Ocean's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Golden Ocean Group. For example, before you start analyzing numbers published by Golden accountants, it's critical to develop an understanding of what Golden Ocean's liquidity, profitability, and earnings quality are in the context of the Marine Transportation space in which it operates.
Please note, the presentation of Golden Ocean's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Golden Ocean's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Golden Ocean's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Golden Ocean Group. Please utilize our Beneish M Score to check the likelihood of Golden Ocean's management manipulating its earnings.
Evaluate Golden Ocean's management efficiency
Golden Ocean Group has return on total asset (ROA) of 0.0354 % which means that it generated a profit of $0.0354 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0585 %, meaning that it created $0.0585 on every $100 dollars invested by stockholders. Golden Ocean's management efficiency ratios could be used to measure how well Golden Ocean manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Golden Ocean's Return On Capital Employed is quite stable compared to the past year. Return On Equity is expected to rise to 0.11 this year, although the value of Return On Tangible Assets will most likely fall to 0.03. At this time, Golden Ocean's Total Assets are quite stable compared to the past year. Non Current Assets Total is expected to rise to about 3.4 B this year, although the value of Total Current Assets will most likely fall to about 156.5 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.61 | 9.13 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 9.61 | 9.13 | |
| Enterprise Value Over EBITDA | 10.11 | 10.61 | |
| Price Book Value Ratio | 1.02 | 1.22 | |
| Enterprise Value Multiple | 10.11 | 10.61 | |
| Price Fair Value | 1.02 | 1.22 | |
| Enterprise Value | 1.6 B | 1.7 B |
The analysis of Golden Ocean's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Golden Ocean's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Golden Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 4.5311 | Revenue 885.8 M | Quarterly Revenue Growth 0.019 | Revenue Per Share 4.431 | Return On Equity 0.0585 |
Golden Ocean Corporate Filings
6K | 25th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 20th of March 2024 Other Reports | ViewVerify |
Golden Ocean Earnings Estimation Breakdown
The calculation of Golden Ocean's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Golden Ocean is estimated to be 0.26 with the future projection ranging from a low of 0.88 to a high of 4.41. Please be aware that this consensus of annual earnings estimates for Golden Ocean Group is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.88 Lowest | Expected EPS | 4.41 Highest |
Golden Ocean Earnings Projection Consensus
Suppose the current estimates of Golden Ocean's value are higher than the current market price of the Golden Ocean stock. In this case, investors may conclude that Golden Ocean is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Golden Ocean's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2024 | Current EPS (TTM) | |
| 14 | 72.44% | 0.29 | 0.26 | 0.56 |
Golden Ocean Earnings per Share Projection vs Actual
Actual Earning per Share of Golden Ocean refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Golden Ocean Group predict the company's earnings will be in the future. The higher the earnings per share of Golden Ocean, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Golden Ocean Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Golden Ocean, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Golden Ocean should always be considered in relation to other companies to make a more educated investment decision.Golden Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Golden Ocean's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-02-28 | 2023-12-31 | 0.27 | 0.29 | 0.02 | 7 | ||
2023-11-21 | 2023-09-30 | 0.06 | 0.14 | 0.08 | 133 | ||
2023-08-29 | 2023-06-30 | 0.12 | 0.17 | 0.05 | 41 | ||
2023-05-16 | 2023-03-31 | -0.04 | -0.04 | 0.0 | 0 | ||
2023-02-16 | 2022-12-31 | 0.21 | 0.31 | 0.1 | 47 | ||
2022-11-16 | 2022-09-30 | 0.5 | 0.35 | -0.15 | 30 | ||
2022-08-25 | 2022-06-30 | 0.53 | 0.73 | 0.2 | 37 | ||
2022-05-20 | 2022-03-31 | 0.4 | 0.53 | 0.13 | 32 | ||
2022-02-16 | 2021-12-31 | 0.87 | 1.02 | 0.15 | 17 | ||
2021-11-24 | 2021-09-30 | 0.63 | 0.95 | 0.32 | 50 | ||
2021-08-26 | 2021-06-30 | 0.41 | 0.45 | 0.04 | 9 | ||
2021-05-20 | 2021-03-31 | 0.07 | 0.11 | 0.04 | 57 | ||
2021-02-18 | 2020-12-31 | 0.24 | 0.14 | -0.1 | 41 | ||
2020-11-19 | 2020-09-30 | 0.16 | 0.25 | 0.09 | 56 | ||
2020-08-18 | 2020-06-30 | -0.26 | -0.27 | -0.01 | 3 | ||
2020-05-27 | 2020-03-31 | -0.21 | -0.25 | -0.04 | 19 | ||
2020-02-18 | 2019-12-31 | 0.26 | 0.23 | -0.03 | 11 | ||
2019-11-21 | 2019-09-30 | 0.26 | 0.27 | 0.01 | 3 | ||
2019-08-15 | 2019-06-30 | -0.15 | -0.15 | 0.0 | 0 | ||
2019-05-22 | 2019-03-31 | -0.05 | -0.05 | 0.0 | 0 | ||
2019-02-19 | 2018-12-31 | 0.13 | 0.18 | 0.05 | 38 | ||
2018-11-20 | 2018-09-30 | 0.19 | 0.23 | 0.04 | 21 | ||
2018-08-17 | 2018-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2018-05-30 | 2018-03-31 | 0.07 | 0.07 | 0.0 | 0 | ||
2018-02-20 | 2017-12-31 | 0.14 | 0.17 | 0.03 | 21 | ||
2017-11-21 | 2017-09-30 | -0.05 | -0.0027 | 0.0473 | 94 | ||
2017-08-17 | 2017-06-30 | -0.1 | -0.07 | 0.03 | 30 | ||
2017-05-24 | 2017-03-31 | -0.17 | -0.17 | 0.0 | 0 | ||
2017-02-28 | 2016-12-31 | -0.11 | -0.1 | 0.01 | 9 | ||
2016-11-22 | 2016-09-30 | -0.3 | -0.25 | 0.05 | 16 | ||
2016-08-27 | 2016-06-30 | -0.27 | -0.32 | -0.05 | 18 | ||
2016-05-24 | 2016-03-31 | -0.58 | -0.65 | -0.07 | 12 | ||
2016-02-18 | 2015-12-31 | -0.88 | -1.05 | -0.17 | 19 | ||
2015-11-24 | 2015-09-30 | -0.54 | -0.95 | -0.41 | 75 | ||
2015-08-27 | 2015-06-30 | -0.94 | -0.95 | -0.01 | 1 | ||
2015-05-28 | 2015-03-31 | -1.23 | -0.9 | 0.33 | 26 | ||
2015-02-27 | 2014-12-31 | -0.14 | -0.05 | 0.09 | 64 | ||
2014-11-21 | 2014-09-30 | -0.22 | -0.85 | -0.63 | 286 | ||
2014-08-13 | 2014-06-30 | 0.14 | 0.1 | -0.04 | 28 | ||
2014-05-08 | 2014-03-31 | 0.17 | 0.15 | -0.02 | 11 | ||
2014-02-05 | 2013-12-31 | 0.55 | 0.6 | 0.05 | 9 | ||
2013-11-14 | 2013-09-30 | 0.3 | 0.2 | -0.1 | 33 | ||
2013-08-14 | 2013-06-30 | -0.06 | -0.15 | -0.09 | 150 | ||
2013-05-08 | 2013-03-31 | -0.09 | -0.1 | -0.01 | 11 | ||
2013-02-06 | 2012-12-31 | 0.18 | 0.25 | 0.07 | 38 | ||
2012-11-07 | 2012-09-30 | 0.45 | -0.55 | -1.0 | 222 | ||
2012-08-15 | 2012-06-30 | 1.45 | 0.4 | -1.05 | 72 | ||
2012-05-11 | 2012-03-31 | 1.66 | 1.45 | -0.21 | 12 | ||
2012-02-08 | 2011-12-31 | 1.77 | 1.95 | 0.18 | 10 | ||
2011-11-09 | 2011-09-30 | 1.64 | 1.85 | 0.21 | 12 | ||
2011-08-16 | 2011-06-30 | 2.04 | 1.5 | -0.54 | 26 | ||
2011-05-10 | 2011-03-31 | 2.04 | 1.75 | -0.29 | 14 | ||
2011-02-08 | 2010-12-31 | 2.26 | 1.25 | -1.01 | 44 | ||
2010-11-10 | 2010-09-30 | 2.53 | 2.4 | -0.13 | 5 | ||
2010-08-12 | 2010-06-30 | 3.41 | 3.95 | 0.54 | 15 | ||
2010-05-12 | 2010-03-31 | 3.68 | 3.0 | -0.68 | 18 | ||
2010-02-09 | 2009-12-31 | 2.31 | 2.65 | 0.34 | 14 | ||
2009-11-12 | 2009-09-30 | 1.55 | 0.9 | -0.65 | 41 | ||
2009-08-14 | 2009-06-30 | 1.46 | 0.9 | -0.56 | 38 | ||
2009-05-14 | 2009-03-31 | 1.9 | 1.9 | 0.0 | 0 | ||
2009-02-06 | 2008-12-31 | 2.32 | 2.25 | -0.07 | 3 | ||
2008-11-06 | 2008-09-30 | 3.4 | 3.3 | -0.1 | 2 | ||
2008-08-13 | 2008-06-30 | 2.96 | 4.15 | 1.19 | 40 | ||
2008-05-15 | 2008-03-31 | 3.68 | 4.35 | 0.67 | 18 | ||
2008-02-13 | 2007-12-31 | 1.96 | 3.3 | 1.34 | 68 | ||
2007-11-09 | 2007-09-30 | 2 | 2.2 | 0.2 | 10 | ||
2007-08-13 | 2007-06-30 | 2.63 | 2.1 | -0.53 | 20 | ||
2007-05-16 | 2007-03-31 | 2.34 | 2.85 | 0.51 | 21 | ||
2007-02-14 | 2006-12-31 | 3.2 | 2.65 | -0.55 | 17 | ||
2006-11-14 | 2006-09-30 | 4.19 | 4.25 | 0.06 | 1 | ||
2006-08-11 | 2006-06-30 | 2.41 | 2.3 | -0.11 | 4 | ||
2006-05-16 | 2006-03-31 | 4.37 | 4.15 | -0.22 | 5 | ||
2006-02-13 | 2005-12-31 | 3.57 | 4.65 | 1.08 | 30 | ||
2005-11-10 | 2005-09-30 | 0.85 | 1.1 | 0.25 | 29 | ||
2005-08-12 | 2005-06-30 | 2.3 | 2.15 | -0.15 | 6 | ||
2005-05-09 | 2005-03-31 | 4.75 | 5.0 | 0.25 | 5 | ||
2005-02-15 | 2004-12-31 | 6.75 | 8.75 | 2.0 | 29 | ||
2004-11-02 | 2004-09-30 | 3.45 | 4.5 | 1.05 | 30 | ||
2004-08-15 | 2004-06-30 | 4.3 | 4.3 | 0.0 | 0 | ||
2003-12-08 | 2003-09-30 | 0.95 | 0.839 | -0.111 | 11 | ||
2003-08-15 | 2003-06-30 | 4.5 | 3.65 | -0.85 | 18 | ||
2002-04-16 | 2002-03-31 | 0.95 | 0.95 | 0.0 | 0 | ||
2001-10-23 | 2001-09-30 | 5.78 | 5.65 | -0.13 | 2 | ||
2001-01-01 | 2000-12-31 | 5.88 | 6.3907 | 0.5107 | 8 | ||
2000-12-08 | 2000-09-30 | 3.3 | 4.5 | 1.2 | 36 | ||
2000-07-17 | 2000-06-30 | 2.17 | 1.75 | -0.42 | 19 | ||
2000-05-01 | 2000-03-31 | 0.95 | 0.95 | 0.0 | 0 | ||
1999-10-25 | 1999-09-30 | 1 | 0.95 | -0.05 | 5 | ||
1999-07-21 | 1999-06-30 | 1 | 0.9 | -0.1 | 10 | ||
1999-05-07 | 1999-03-31 | 0.95 | 0.9 | -0.05 | 5 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Golden Ocean without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Golden Ocean Corporate Directors
Golden Ocean corporate directors refer to members of a Golden Ocean board of directors. The board of directors generally takes responsibility for the Golden Ocean's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Golden Ocean's board members must vote for the resolution. The Golden Ocean board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| David White | Independent Director | Profile | |
| Ulrika Laurin | Director | Profile | |
| Robert Somerville | Director | Profile | |
| GertJan Akker | Director | Profile |
How to buy Golden Stock?
The net worth of Golden Ocean Group is the difference between its total assets and liabilities. Golden Ocean's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Golden Ocean's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Golden Ocean's net worth can be used as a measure of its financial health and stability which can help investors to decide if Golden Ocean is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Golden Ocean Group stock.Already Invested in Golden Ocean Group?
The danger of trading Golden Ocean Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Golden Ocean is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Golden Ocean. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Golden Ocean Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Ocean Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Golden Ocean Group information on this page should be used as a complementary analysis to other Golden Ocean's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Golden Stock analysis
When running Golden Ocean's price analysis, check to measure Golden Ocean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Ocean is operating at the current time. Most of Golden Ocean's value examination focuses on studying past and present price action to predict the probability of Golden Ocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Ocean's price. Additionally, you may evaluate how the addition of Golden Ocean to your portfolios can decrease your overall portfolio volatility.
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Is Golden Ocean's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Ocean. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 0.6 | Earnings Share 0.56 | Revenue Per Share 4.431 | Quarterly Revenue Growth 0.019 |
The market value of Golden Ocean Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Ocean's value that differs from its market value or its book value, called intrinsic value, which is Golden Ocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Ocean's market value can be influenced by many factors that don't directly affect Golden Ocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Ocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.