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Golden Ocean Group (OSL:GOGL) Gross-Profit-to-Asset % : 10.53% (As of Mar. 2024)


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What is Golden Ocean Group Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Golden Ocean Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr3,893 Mil. Golden Ocean Group's average Total Assets over the quarter that ended in Mar. 2024 was kr36,985 Mil. Therefore, Golden Ocean Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.53%.


Golden Ocean Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Golden Ocean Group's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Golden Ocean Group Gross-Profit-to-Asset % Chart

Golden Ocean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.01 1.52 17.34 13.18 6.42

Golden Ocean Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.81 5.82 5.52 10.18 10.53

Competitive Comparison of Golden Ocean Group's Gross-Profit-to-Asset %

For the Marine Shipping subindustry, Golden Ocean Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golden Ocean Group's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Golden Ocean Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Golden Ocean Group's Gross-Profit-to-Asset % falls into.



Golden Ocean Group Gross-Profit-to-Asset % Calculation

Golden Ocean Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2214.14/( (32182.361+36807.046)/ 2 )
=2214.14/34494.7035
=6.42 %

Golden Ocean Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3892.688/( (36807.046+37162.142)/ 2 )
=3892.688/36984.594
=10.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Golden Ocean Group Gross-Profit-to-Asset % Related Terms

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Golden Ocean Group (OSL:GOGL) Business Description

Traded in Other Exchanges
Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08
Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.

Golden Ocean Group (OSL:GOGL) Headlines

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