Golden Ocean Group (Golden Ocean Group) FCF Yield % : -7.16 (As of May. 15, 2024)

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What is Golden Ocean Group FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Golden Ocean Group's Trailing 12-Month Free Cash Flow is $-211.2 Mil, and Market Cap is $2,946.1 Mil. Therefore, Golden Ocean Group's FCF Yield % for today is -7.16%.

The historical rank and industry rank for Golden Ocean Group's FCF Yield % or its related term are showing as below:

GOGL' s FCF Yield % Range Over the Past 10 Years
Min: -525.81 Med: -3.85 Max: 32.84
Current: -7.16

During the past 13 years, the highest FCF Yield % of Golden Ocean Group was 32.84%. The lowest was -525.81%. And the median was -3.85%.

GOGL's FCF Yield % is ranked worse than
83.81% of 982 companies
in the Transportation industry
Industry Median: 4.19 vs GOGL: -7.16

Golden Ocean Group's FCF Margin % for the quarter that ended in Dec. 2023 was 35.56%.

Golden Ocean Group FCF Yield % Historical Data

The historical data trend for Golden Ocean Group's FCF Yield % 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 FCF Yield % Chart

Golden Ocean Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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13.73

17.39

6.19

25.39

-10.84

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
FCF Yield %	Get a 7-Day Free Trial															24.28	-13.22	-48.50	-14.22	18.56

Competitive Comparison of Golden Ocean Group's FCF Yield %

For the Marine Shipping subindustry, Golden Ocean Group's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Golden Ocean Group's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Golden Ocean Group's FCF Yield % falls into.

Golden Ocean Group FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Golden Ocean Group's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-211.206	/	1948.36928
	=	-10.84%

Golden Ocean Group's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	90.405	*	4	/	1948.36928
	=	18.56%

Golden Ocean Group FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Golden Ocean Group FCF Yield % Related Terms

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Golden Ocean Group (Golden Ocean Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Golden Ocean Group Ltd (NAS:GOGL) » Definitions » FCF Yield %

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.