Golden Ocean Group Limited (GOGL): Price and Financial Metrics

GOGL POWR Grades

• GOGL scores best on the Momentum dimension, with a Momentum rank ahead of 78.68% of US stocks.
• The strongest trend for GOGL is in Quality, which has been heading down over the past 177 days.
• GOGL's current lowest rank is in the Growth metric (where it is better than 1.12% of US stocks).

GOGL Stock Summary

• Of note is the ratio of GOLDEN OCEAN GROUP LTD's sales and general administrative expense to its total operating expenses; just 4.86% of US stocks have a lower such ratio.
• For GOGL, its debt to operating expenses ratio is greater than that reported by 93.02% of US equities we're observing.
• Revenue growth over the past 12 months for GOLDEN OCEAN GROUP LTD comes in at -30.33%, a number that bests merely 8.66% of the US stocks we're tracking.
• Stocks that are quantitatively similar to GOGL, based on their financial statements, market capitalization, and price volatility, are LAND, DHC, UNIT, AQN, and CWEN.
• Visit GOGL's SEC page to see the company's official filings. To visit the company's web site, go to www.goldenocean.bm.

GOGL Valuation Summary

• In comparison to the median Industrials stock, GOGL's EV/EBIT ratio is 34.39% lower, now standing at 10.3.
• Over the past 243 months, GOGL's price/sales ratio has gone down 2.3.

Below are key valuation metrics over time for GOGL.

GOGL Growth Metrics

Its 2 year cash and equivalents growth rate is now at -9.91%.
• Its year over year cash and equivalents growth rate is now at -64.78%.
• The 3 year cash and equivalents growth rate now stands at -41.89%.

Over the past 49 months, GOGL's revenue has gone up $614,205,000.

The table below shows GOGL's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	1,245.706	596.937	597.455
2022-06-30	1,351.275	698.741	688.219
2022-03-31	1,310.312	677.444	628.965
2021-12-31	1,203.181	560.398	527.218
2021-12-31	1,203.181	560.398	527.218
2021-09-30	990.081	412.598	348.773

GOGL's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• GOGL has a Quality Grade of D, ranking ahead of 16.6% of graded US stocks.
• GOGL's asset turnover comes in at 0.265 -- ranking 76th of 137 Transportation stocks.
• DSKE, HTLD, and DAC are the stocks whose asset turnover ratios are most correlated with GOGL.

The table below shows GOGL's key quality metrics over time.