Golden Ocean Group (Golden Ocean Group) Buildings And Improvements : $55.8 Mil (As of Dec. 2023)

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What is Golden Ocean Group Buildings And Improvements?

Golden Ocean Group's quarterly buildings and improvements declined from Jun. 2023 ($63.7 Mil) to Sep. 2023 ($44.7 Mil) but then increased from Sep. 2023 ($44.7 Mil) to Dec. 2023 ($55.8 Mil).

Golden Ocean Group's annual buildings and improvements increased from Dec. 2021 ($35.7 Mil) to Dec. 2022 ($91.9 Mil) but then declined from Dec. 2022 ($91.9 Mil) to Dec. 2023 ($55.8 Mil).

Golden Ocean Group Buildings And Improvements Historical Data

The historical data trend for Golden Ocean Group's Buildings And Improvements 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.

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Golden Ocean Group Buildings And Improvements Chart

Golden Ocean Group Annual Data

Trend

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Dec22

Dec23

Buildings And Improvements

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35.68

91.90

55.77

Golden Ocean Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															91.90	111.10	63.66	44.71	55.77

Golden Ocean Group Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Golden Ocean Group (Golden Ocean Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Golden Ocean Group Ltd (NAS:GOGL) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

GOGLo:Sweden GOGL:Norway GOGLo:UK 0RII:UK KT31:Germany

Address

14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08

Website

https://www.goldenocean.bm

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.