Golden Ocean Company Leadership
| GOGL Stock | USD 7.70 0.24 3.22% |
Golden Ocean employs about 44 people. The company is managed by 4 executives with a total tenure of roughly 103 years, averaging almost 25.0 years of service per executive, having 11.0 employees per reported executive. Inspection of Golden Ocean's management performance can provide insight into the company performance.
Golden Ocean's latest congressional trading
Congressional trading in companies like Golden Ocean Group, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Golden Ocean by those in governmental positions are based on the same information available to the general public.
| 2024-05-14 | Senator Tommy Tuberville | Acquired $50K to $100K | Verify | ||
| 2024-03-14 | Senator Tommy Tuberville | Acquired $50K to $100K | Verify |
Golden Ocean Management Team Effectiveness
The company has return on total asset (ROA) of 0.0343 % which means that it generated a profit of $0.0343 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0606 %, meaning that it created $0.0606 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.Golden Ocean Workforce Comparison
Golden Ocean Group is rated below average in number of employees category among its peers. The total workforce of Industrials industry is currently estimated at about 5,849. Golden Ocean maintains roughly 44.0 in number of employees contributing less than 1% to equities under Industrials industry.
The company has Profit Margin (PM) of 0.13 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.14) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.14. Golden Ocean Group Benchmark Summation
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Indexes of lowest and highest values over a specified period line shows minimum and maximum index of Golden Ocean Group price series.
Golden Ocean Notable Stakeholders
A Golden Ocean stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Golden Ocean often face trade-offs trying to please all of them. Golden Ocean's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Golden Ocean's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Peder Simonsen | Interim CFO | Profile | |
| LarsChristian Svensen | Chief Officer | Profile | |
| Ulrik Andersen | Chief AS | Profile | |
| Tord Brath | Head Operations | Profile |
About Golden Ocean Management Performance
The success or failure of an entity such as Golden Ocean Group often depends on how effective the management is. Golden Ocean management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Golden management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Golden management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 37 people.
Golden Ocean Workforce Analysis
Traditionally, organizations such as Golden Ocean use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Golden Ocean within its industry.Golden Ocean Manpower Efficiency
Return on Golden Ocean Manpower
| Revenue Per Employee | 22M | |
| Revenue Per Executive | 242.1M | |
| Net Income Per Employee | 5.1M | |
| Net Income Per Executive | 55.8M | |
| Working Capital Per Employee | 1.2M | |
| Working Capital Per Executive | 13M |
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 closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Marine Transportation space 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.
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.