Golden Ocean Group Ltd (GOGL)
13.58
+0.20
(+1.49%)
USD |
NASDAQ |
Apr 24, 16:00
13.58
0.00 (0.00%)
After-Hours: 20:00
Golden Ocean Group Debt to Equity Ratio: 0.7129 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.7129 |
| September 30, 2023 | 0.7543 |
| June 30, 2023 | 0.7245 |
| March 31, 2023 | 0.6434 |
| December 31, 2022 | 0.5847 |
| September 30, 2022 | 0.6006 |
| June 30, 2022 | 0.6179 |
| March 31, 2022 | 0.6564 |
| December 31, 2021 | 0.6545 |
| September 30, 2021 | 0.7135 |
| June 30, 2021 | 0.7539 |
| March 31, 2021 | 0.5578 |
| December 31, 2020 | 0.7638 |
| September 30, 2020 | 0.7929 |
| June 30, 2020 | 0.8342 |
| March 31, 2020 | 0.8256 |
| December 31, 2019 | 0.736 |
| September 30, 2019 | 0.7539 |
| June 30, 2019 | 0.779 |
| March 31, 2019 | 0.7696 |
| December 31, 2018 | 0.8855 |
| September 30, 2018 | 0.9031 |
| June 30, 2018 | 0.9206 |
| March 31, 2018 | 0.9536 |
| December 31, 2017 | 0.8624 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.9593 |
| June 30, 2017 | 0.9416 |
| March 31, 2017 | 0.865 |
| December 31, 2016 | 0.8544 |
| September 30, 2016 | 0.8733 |
| June 30, 2016 | 0.8383 |
| March 31, 2016 | 0.8156 |
| December 31, 2015 | 0.8014 |
| September 30, 2015 | 0.8056 |
| June 30, 2015 | 0.8904 |
| March 31, 2015 | 0.874 |
| December 31, 2014 | 0.4111 |
| September 30, 2014 | 0.3452 |
| June 30, 2014 | 0.2302 |
| March 31, 2014 | 0.3035 |
| December 31, 2013 | 0.309 |
| September 30, 2013 | 0.3675 |
| June 30, 2013 | 0.3632 |
| March 31, 2013 | 0.4037 |
| December 31, 2012 | 0.4022 |
| September 30, 2012 | 0.4886 |
| June 30, 2012 | 0.4426 |
| March 31, 2012 | 0.4306 |
| December 31, 2011 | 0.4271 |
| September 30, 2011 | 0.4245 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.5578
Minimum
Mar 2021
0.8342
Maximum
Jun 2020
0.7084
Average
0.7245
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Nordic American Tankers Ltd | 0.5603 |
| SFL Corp Ltd | 2.065 |
| Textainer Group Holdings Ltd (DELISTED) | 2.520 |
| Ardmore Shipping Corp | 0.0801 |
| Hafnia Ltd | 0.257 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.489B |
| Total Liabilities (Quarterly) | 1.567B |
| Shareholders Equity (Quarterly) | 1.922B |
| Current Ratio | 1.233 |
| Net Debt Paydown Yield | -2.21% |