Golden Ocean Group Quarterly Balance Sheets Chart
Quarterly
|
Annual
Golden Ocean Group Quarterly Balance Sheets Table
Quarterly
|
Annual
| Unit: USD | 2023-12-31 | 2023-06-30 | 2022-12-31 | 2022-06-30 | 2021-12-31 | 2021-06-30 | 2020-12-31 | 2020-06-30 | 2019-12-31 | 2019-06-30 | 2018-12-31 | 2018-06-30 | 2017-12-31 | 2017-06-30 | 2016-12-31 | 2016-06-30 | 2015-12-31 | 2014-12-31 | 2014-06-30 | 2014-05-31 | 2013-12-31 | 2012-12-31 | 2010-12-31 | 2010-06-30 | 2010-03-31 | 2010-02-28 | 2009-12-31 | 2009-11-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-11-30 | 2008-06-30 | 2008-03-31 | 2007-11-30 | 2007-06-30 | 2007-04-18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| assets | |||||||||||||||||||||||||||||||||||||
| current assets | |||||||||||||||||||||||||||||||||||||
| cash and cash equivalents | 116,382,000 | 103,897,000 | 134,784,000 | 163,981,000 | 197,032,000 | 154,655,000 | 153,093,000 | 70,335,000 | 88,931,000 | 97,937,000 | 305,352,000 | 249,970,000 | 309,029,000 | 122,699,000 | 212,942,000 | 210,773,000 | 102,617,000 | 42,221,000 | 18,130,000 | 106,147,000 | 98,250,000 | 79,259,000 | 56,771,000 | 9,960,000 | 8,594,000 | 21,053,000 | 7,964,000 | 1,607,000 | 36,691,000 | 80,171,000 | 77,998,000 | 74,660,000 | 87,498,000 | 87,908,000 | 4,856,000 | 8,358,000 | 82,143,000 |
| restricted cash | 2,254,000 | 3,426,000 | 3,289,000 | 4,340,000 | 12,985,000 | 20,162,000 | 22,009,000 | 33,747,000 | 15,449,000 | 19,612,000 | 20,272,000 | 15,535,000 | 8,110,000 | 4,361,000 | 315,000 | 15,779,000 | 351,000 | 18,923,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 15,000,000 | 10,000,000 | 15,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | |
| marketable securities | 2,635,000 | 2,187,000 | 1,336,000 | 1,684,000 | 4,056,000 | 3,684,000 | 3,329,000 | 13,861,000 | 10,009,000 | 12,033,000 | 15,449,000 | 16,300,000 | 9,172,000 | 6,524,000 | 3,604,000 | 14,615,000 | |||||||||||||||||||||
| trade accounts receivable | 29,809,000 | 30,538,000 | 14,950,000 | 28,144,000 | 28,838,000 | 50,891,000 | 22,704,000 | 21,503,000 | 45,635,000 | 30,439,000 | 27,650,000 | 18,874,000 | 23,363,000 | 14,389,000 | 14,755,000 | 8,802,000 | 9,631,000 | 2,770,000 | 6,468,000 | 3,298,000 | 2,102,000 | 4,843,000 | |||||||||||||||
| other current assets | 47,812,000 | 40,371,000 | 54,430,000 | 81,161,000 | 35,158,000 | 39,035,000 | 29,351,000 | 33,154,000 | 31,498,000 | 29,471,000 | 26,667,000 | 29,983,000 | 6,157,000 | 11,296,000 | 12,260,000 | 8,249,000 | 11,363,000 | 6,441,000 | 4,398,000 | 6,405,000 | 4,888,000 | 8,783,000 | 10,749,000 | 9,352,000 | 8,793,000 | 8,414,000 | |||||||||||
| related party receivables | 3,734,000 | 3,578,000 | 2,334,000 | 2,752,000 | 8,615,000 | 2,565,000 | 3,000 | 2,062,000 | 5,180,000 | 6,344,000 | 3,990,000 | 6,104,000 | 1,990,000 | 3,470,000 | 1,927,000 | 2,099,000 | 8,451,000 | 449,000 | |||||||||||||||||||
| derivative instruments receivable | 12,480,000 | 13,738,000 | 20,861,000 | 172,000 | 1,394,000 | 1,227,000 | 2,780,000 | 11,811,000 | 1,086,000 | 826,000 | 1,641,000 | ||||||||||||||||||||||||||
| favorable charter party contracts | 796,000 | 562,000 | 1,906,000 | 4,073,000 | 7,259,000 | 12,148,000 | 16,500,000 | 18,732,000 | 18,732,000 | 18,732,000 | 19,741,000 | 22,413,000 | 26,946,000 | 28,829,000 | |||||||||||||||||||||||
| inventories | 40,887,000 | 51,682,000 | 45,434,000 | 47,880,000 | 43,383,000 | 48,817,000 | 25,165,000 | 27,037,000 | 28,235,000 | 39,288,000 | 28,154,000 | 33,518,000 | 20,142,000 | 26,017,000 | 17,953,000 | 21,925,000 | 15,156,000 | 13,243,000 | 7,138,000 | 8,513,000 | 1,729,000 | 1,181,000 | 3,923,000 | ||||||||||||||
| prepaid expenses | 6,771,000 | 9,121,000 | 12,503,000 | 11,407,000 | 8,440,000 | 13,333,000 | 10,440,000 | 6,752,000 | 6,335,000 | 8,061,000 | 6,127,000 | ||||||||||||||||||||||||||
| voyages in progress | 17,992,000 | 13,229,000 | 16,974,000 | 13,932,000 | 30,576,000 | 28,348,000 | 13,435,000 | 11,280,000 | 21,929,000 | 5,170,000 | 2,808,000 | 3,155,000 | 9,062,000 | 9,027,000 | 3,998,000 | 5,218,000 | 1,690,000 | 1,322,000 | 931,000 | ||||||||||||||||||
| total current assets | 278,917,000 | 272,777,000 | 299,147,000 | 355,105,000 | 369,390,000 | 365,162,000 | 284,529,000 | 217,685,000 | 273,077,000 | 265,611,000 | 461,234,000 | 413,561,000 | 444,500,000 | 235,024,000 | 299,932,000 | 316,111,000 | 203,660,000 | 64,279,000 | 34,377,000 | 251,306,000 | 104,741,000 | 85,849,000 | 107,353,000 | ||||||||||||||
| vessels and equipment | 2,987,360,000 | 2,952,894,000 | 2,665,785,000 | 2,744,961,000 | 2,880,321,000 | 2,964,677,000 | 2,267,686,000 | 2,324,419,000 | 2,340,753,000 | 2,365,773,000 | 2,406,456,000 | 2,452,707,000 | 2,215,003,000 | 2,243,448,000 | 1,758,939,000 | 1,764,813,000 | 1,488,205,000 | 698,258,000 | |||||||||||||||||||
| vessels held for sale | 14,486,000 | 12,542,000 | 39,884,000 | 9,504,000 | 14,357,000 | ||||||||||||||||||||||||||||||||
| newbuildings | 54,777,000 | 62,397,000 | 91,898,000 | 49,830,000 | 35,678,000 | 105,727,000 | 126,506,000 | 180,562,000 | 193,784,000 | 338,614,000 | 323,340,000 | 99,047,000 | 26,706,000 | 66,884,000 | 117,376,000 | 51,633,000 | 51,305,000 | 50,725,000 | 34,224,000 | 33,935,000 | 32,953,000 | 32,423,000 | 33,459,000 | ||||||||||||||
| finance leases, right of use assets | 68,643,000 | 76,177,000 | 83,589,000 | 91,123,000 | 98,535,000 | 106,069,000 | 113,480,000 | 121,015,000 | 193,987,000 | 721,000 | |||||||||||||||||||||||||||
| operating leases, right of use assets | 9,538,000 | 12,988,000 | 15,646,000 | 25,652,000 | 19,965,000 | 19,550,000 | 22,739,000 | 25,981,000 | 54,853,000 | 196,827,000 | |||||||||||||||||||||||||||
| investments in associated companies | 58,536,000 | 58,399,000 | 65,400,000 | 60,504,000 | 41,343,000 | 19,932,000 | 16,399,000 | 18,469,000 | 21,483,000 | 1,686,000 | 1,658,000 | 1,470,000 | 2,287,000 | 5,211,000 | 4,224,000 | 6,225,000 | |||||||||||||||||||||
| other long-term assets | 416,000 | 6,070,000 | 1,586,000 | 994,000 | 2,758,000 | ||||||||||||||||||||||||||||||||
| total assets | 3,489,018,000 | 3,464,281,000 | 3,257,291,000 | 3,387,705,000 | 3,454,177,000 | 3,482,676,000 | 2,721,067,000 | 2,715,978,000 | 2,966,057,000 | 2,903,587,000 | 2,951,354,000 | 2,977,526,000 | 2,870,058,000 | 2,730,072,000 | 2,361,623,000 | 2,409,487,000 | 2,178,667,000 | 1,262,740,000 | 680,268,000 | 1,079,424,000 | 409,858,000 | 397,420,000 | 541,953,000 | 372,783,000 | 371,951,000 | 448,651,000 | 374,946,000 | 352,439,000 | 349,124,000 | 332,305,000 | 331,685,000 | 335,133,000 | 336,897,000 | 339,085,000 | 312,095,000 | 319,012,000 | 342,166,000 |
| liabilities and equity | |||||||||||||||||||||||||||||||||||||
| current liabilities | |||||||||||||||||||||||||||||||||||||
| current portion of long-term debt | 109,309,000 | 106,372,000 | 92,865,000 | 96,070,000 | 105,864,000 | 85,062,000 | 87,831,000 | 379,312,000 | 87,787,000 | 233,668,000 | 471,764,000 | 231,462,000 | 109,671,000 | 20,380,000 | 19,812,000 | 2,604,000 | 4,700,000 | 13,960,000 | 8,960,000 | ||||||||||||||||||
| current portion of finance lease obligations - related party | 19,601,000 | 19,007,000 | 18,387,000 | 18,517,000 | 21,755,000 | ||||||||||||||||||||||||||||||||
| current portion of operating lease obligations | 2,632,000 | 4,900,000 | 5,546,000 | 11,695,000 | 13,860,000 | 16,173,000 | 16,783,000 | 14,698,000 | 14,377,000 | 22,585,000 | |||||||||||||||||||||||||||
| derivative instruments payables | 172,000 | 1,313,000 | 10,364,000 | 27,692,000 | 10,455,000 | 1,294,000 | 2,293,000 | 1,990,000 | |||||||||||||||||||||||||||||
| unfavorable charter party contracts | 2,496,000 | 2,497,000 | 1,056,000 | ||||||||||||||||||||||||||||||||||
| related party payables | 9,157,000 | 11,761,000 | 9,492,000 | 26,646,000 | 13,934,000 | 37,681,000 | 4,865,000 | 2,066,000 | 3,970,000 | 696,000 | 39,000 | 2,730,000 | 906,000 | 1,387,000 | 1,596,000 | 4,101,000 | 2,555,000 | ||||||||||||||||||||
| trade accounts payable | 9,524,000 | 4,937,000 | 1,773,000 | 1,430,000 | 1,277,000 | 620,000 | |||||||||||||||||||||||||||||||
| accrued expenses | 46,041,000 | 48,074,000 | 43,388,000 | 35,198,000 | 38,569,000 | 41,105,000 | 34,550,000 | 32,944,000 | 44,739,000 | 33,846,000 | 26,643,000 | 30,565,000 | 24,304,000 | 20,563,000 | 17,867,000 | 14,354,000 | 17,878,000 | 4,190,000 | 7,981,000 | 2,364,000 | 2,501,000 | 5,861,000 | |||||||||||||||
| other current liabilities | 27,259,000 | 38,668,000 | 33,494,000 | 36,655,000 | 37,265,000 | 46,632,000 | 28,077,000 | 25,775,000 | 42,135,000 | 30,826,000 | 28,398,000 | 30,427,000 | 32,089,000 | 19,835,000 | 14,617,000 | 19,510,000 | 13,993,000 | 8,712,000 | 7,862,000 | 10,137,000 | 10,650,000 | 14,756,000 | 12,195,000 | 22,944,000 | 6,982,000 | 6,340,000 | 6,762,000 | 4,759,000 | 6,048,000 | 8,223,000 | 9,683,000 | 2,409,000 | |||||
| total current liabilities | 226,191,000 | 243,333,000 | 211,628,000 | 230,225,000 | 248,073,000 | 304,249,000 | 241,675,000 | 529,611,000 | 233,367,000 | 351,274,000 | 541,500,000 | 309,967,000 | 181,727,000 | 56,942,000 | 43,601,000 | 77,158,000 | 80,034,000 | 34,779,000 | 14,858,000 | 153,896,000 | 7,417,000 | 11,498,000 | 17,850,000 | ||||||||||||||
| long-term liabilities | |||||||||||||||||||||||||||||||||||||
| long-term debt | 1,260,758,000 | 1,252,669,000 | 1,027,991,000 | 1,101,399,000 | 1,156,481,000 | 858,307,000 | 957,652,000 | 708,423,000 | 1,026,083,000 | 914,012,000 | 877,278,000 | 1,152,146,000 | 1,134,788,000 | 1,287,498,000 | 1,058,418,000 | 1,052,815,000 | 913,913,000 | 343,688,000 | 122,396,000 | 95,000,000 | 106,978,000 | 153,740,000 | 105,900,000 | 103,030,000 | 129,640,000 | 106,520,000 | 81,260,000 | 56,000,000 | 103,040,000 | ||||||||
| non-current portion of finance lease obligations - related party | 67,987,000 | 77,816,000 | 87,588,000 | 96,823,000 | 105,975,000 | ||||||||||||||||||||||||||||||||
| non-current portion of operating lease obligations | 9,621,000 | 10,907,000 | 13,051,000 | 21,150,000 | 14,907,000 | 18,400,000 | 25,254,000 | 34,433,000 | 42,010,000 | 165,084,000 | |||||||||||||||||||||||||||
| other long-term liabilities | 2,570,000 | 3,825,000 | |||||||||||||||||||||||||||||||||||
| total liabilities | 1,567,127,000 | 1,588,550,000 | 1,340,258,000 | 1,449,597,000 | 1,525,436,000 | 1,682,838,000 | 1,352,311,000 | 1,412,033,000 | 1,452,666,000 | 1,430,370,000 | 1,427,842,000 | 1,474,523,000 | 1,376,009,000 | 1,362,701,000 | 1,122,904,000 | 1,153,526,000 | 1,020,018,000 | 378,467,000 | 137,254,000 | 102,417,000 | 119,726,000 | 120,890,000 | |||||||||||||||
| commitments and contingencies* | |||||||||||||||||||||||||||||||||||||
| equity | |||||||||||||||||||||||||||||||||||||
| share capital | 10,061,000 | 10,061,000 | 10,061,000 | 10,061,000 | 10,061,000 | 10,061,000 | 7,215,000 | 7,215,000 | 7,215,000 | 7,215,000 | 7,215,000 | 7,214,000 | 7,111,000 | 6,477,000 | 5,299,000 | 5,297,000 | 1,727,000 | 801,000 | 491,000 | 44,731,000 | 305,000 | 244,000 | 171,000 | ||||||||||||||
| treasury shares | -11,527,000 | -12,466,000 | -5,014,000 | -1,741,000 | -4,309,000 | -4,422,000 | -5,386,000 | -5,669,000 | -5,669,000 | ||||||||||||||||||||||||||||
| additional paid in capital | 1,124,000 | 1,053,000 | 851,000 | 587,000 | 285,000 | 979,000 | 768,000 | 715,000 | 473,000 | 233,000 | 472,430,000 | 454,694,000 | 356,530,000 | 201,864,000 | 201,784,000 | 772,863,000 | 417,079,000 | 99,187,000 | 183,535,000 | 131,766,000 | |||||||||||||||||
| contributed capital surplus | 1,582,257,000 | 1,582,257,000 | 1,582,257,000 | 1,582,257,000 | 1,762,649,000 | 2,033,237,000 | 1,732,670,000 | 1,732,670,000 | 1,739,834,000 | 1,775,678,000 | 1,786,451,000 | 1,349,974,000 | 1,378,824,000 | 1,378,824,000 | 1,378,824,000 | 1,378,809,000 | 1,378,766,000 | 111,614,000 | 125,444,000 | 131,520,000 | 149,700,000 | ||||||||||||||||
| accumulated earnings | 339,976,000 | 294,826,000 | 328,878,000 | 346,944,000 | 160,055,000 | ||||||||||||||||||||||||||||||||
| total equity | 1,921,891,000 | 1,875,731,000 | 1,917,033,000 | 1,938,108,000 | 1,928,741,000 | 1,799,838,000 | 1,368,756,000 | 1,303,945,000 | 1,513,391,000 | 1,473,217,000 | 1,523,512,000 | 1,503,003,000 | 1,494,049,000 | 1,367,371,000 | 1,238,719,000 | 1,255,961,000 | 1,158,649,000 | 884,273,000 | 543,014,000 | 468,976,000 | 307,441,000 | 277,694,000 | |||||||||||||||
| total liabilities and equity | 3,489,018,000 | 3,464,281,000 | 3,257,291,000 | 3,387,705,000 | 3,454,177,000 | 3,482,676,000 | 2,721,067,000 | 2,715,978,000 | 2,966,057,000 | 2,903,587,000 | 2,951,354,000 | 2,977,526,000 | 2,870,058,000 | 2,730,072,000 | 2,361,623,000 | 2,409,487,000 | 2,178,667,000 | 1,262,740,000 | 680,268,000 | 409,858,000 | 397,420,000 | ||||||||||||||||
| long-term assets | |||||||||||||||||||||||||||||||||||||
| derivative instruments receivable long-term | 22,579,000 | 18,815,000 | |||||||||||||||||||||||||||||||||||
| derivative instruments payable | 829,000 | 202,000 | 18,106,000 | 36,208,000 | 10,293,000 | 913,000 | 4,539,000 | 20,602,000 | 5,400,000 | ||||||||||||||||||||||||||||
| trade accounts payables | 11,225,000 | 7,143,000 | 5,242,000 | 6,462,000 | 7,179,000 | 18,402,000 | 15,873,000 | 12,402,000 | 14,673,000 | 7,752,000 | 11,123,000 | 5,401,000 | 6,056,000 | 2,882,000 | 6,495,000 | 2,533,000 | |||||||||||||||||||||
| commitments and contingencies | |||||||||||||||||||||||||||||||||||||
| derivative instruments receivables | 12,262,000 | 2,679,000 | 572,000 | 3,876,000 | 9,449,000 | 3,748,000 | 1,594,000 | ||||||||||||||||||||||||||||||
| other long term assets | 1,058,000 | 502,000 | 200,000 | 8,267,000 | 18,097,000 | 17,639,000 | 11,994,000 | 10,681,000 | 8,806,000 | 7,527,000 | 6,317,000 | 4,744,000 | 2,364,000 | ||||||||||||||||||||||||
| current portion of long-term related party debt | 27,058,000 | ||||||||||||||||||||||||||||||||||||
| current portion of finance lease obligations | 24,197,000 | 23,475,000 | 22,735,000 | 17,502,000 | 4,687,000 | ||||||||||||||||||||||||||||||||
| long-term related party debt | 386,542,000 | 44,000,000 | |||||||||||||||||||||||||||||||||||
| non-current portion of finance lease obligations | 115,340,000 | 127,730,000 | 139,566,000 | 151,206,000 | |||||||||||||||||||||||||||||||||
| accumulated deficit | -239,038,000 | -366,722,000 | -431,039,000 | -228,704,000 | |||||||||||||||||||||||||||||||||
| other long term liabilities | 7,278,000 | 7,723,000 | 8,059,000 | 8,136,000 | 8,212,000 | 8,385,000 | 8,540,000 | 2,201,000 | |||||||||||||||||||||||||||||
| vessels under capital leases | 1,165,000 | 1,617,000 | 2,061,000 | 2,512,000 | 2,956,000 | 6,880,000 | 8,354,000 | ||||||||||||||||||||||||||||||
| current portion of obligations under capital leases | 5,649,000 | 5,438,000 | 5,239,000 | 5,043,000 | 4,858,000 | 14,601,000 | 15,749,000 | ||||||||||||||||||||||||||||||
| obligations under capital leases | 1,786,000 | 4,687,000 | 7,435,000 | 10,125,000 | 12,673,000 | 15,168,000 | 17,531,000 | ||||||||||||||||||||||||||||||
| accumulated other comprehensive income | 5,323,000 | 4,935,000 | 2,287,000 | ||||||||||||||||||||||||||||||||||
| retained deficit | |||||||||||||||||||||||||||||||||||||
| prepaid expenses and accrued income | 10,430,000 | 8,587,000 | 6,896,000 | 6,524,000 | 6,834,000 | 5,687,000 | 844,000 | 886,000 | 521,000 | 616,000 | 608,000 | ||||||||||||||||||||||||||
| other receivables | 25,437,000 | 18,166,000 | 10,987,000 | 13,305,000 | 14,992,000 | 3,430,000 | 931,000 | 943,000 | 2,691,000 | 5,836,000 | |||||||||||||||||||||||||||
| equity method investments | 3,794,000 | ||||||||||||||||||||||||||||||||||||
| other comprehensive loss | |||||||||||||||||||||||||||||||||||||
| deferred charges | 5,797,000 | 3,533,000 | 3,946,000 | 664,000 | 1,222,000 | 2,629,000 | 1,035,000 | 1,128,000 | 1,935,000 | 1,220,000 | 1,322,000 | 80,000 | 107,000 | 134,000 | 177,000 | 210,000 | 246,000 | 282,000 | |||||||||||||||||||
| vessels | 852,665,000 | 527,898,000 | 262,747,000 | 273,826,000 | 459,032,000 | 335,492,000 | 339,969,000 | 402,414,000 | 344,399,000 | 266,185,000 | 180,579,000 | 183,989,000 | 187,360,000 | 190,788,000 | 194,216,000 | 197,644,000 | 255,144,000 | 259,459,000 | 201,072,000 | ||||||||||||||||||
| deferred charter revenue | 3,285,000 | 2,500,000 | 3,623,000 | 3,020,000 | |||||||||||||||||||||||||||||||||
| net income | 15,995,000 | ||||||||||||||||||||||||||||||||||||
| adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||
| depreciation | 19,561,000 | 11,079,000 | 20,485,000 | ||||||||||||||||||||||||||||||||||
| amortization of deferred charges | 685,000 | 558,000 | 879,000 | ||||||||||||||||||||||||||||||||||
| net (gain) loss on sale of assets | |||||||||||||||||||||||||||||||||||||
| impairment loss on vessels | 5,342,000 | 41,597,000 | |||||||||||||||||||||||||||||||||||
| amortization of time charter contract value | 2,303,000 | ||||||||||||||||||||||||||||||||||||
| restricted stock unit expense | 242,000 | 919,000 | 906,000 | ||||||||||||||||||||||||||||||||||
| benefit from doubtful accounts | 226,000 | 10,155,000 | |||||||||||||||||||||||||||||||||||
| changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||
| related party balances | 622,000 | ||||||||||||||||||||||||||||||||||||
| inventories, net of disposals | 1,535,000 | ||||||||||||||||||||||||||||||||||||
| net cash from operating activities | 24,864,000 | 15,794,000 | 12,313,000 | 36,799,000 | |||||||||||||||||||||||||||||||||
| investing activities | |||||||||||||||||||||||||||||||||||||
| placement of restricted cash | |||||||||||||||||||||||||||||||||||||
| additions to newbuildings | |||||||||||||||||||||||||||||||||||||
| cash acquired upon purchase of spcs | 68,560,000 | ||||||||||||||||||||||||||||||||||||
| purchase of vessels | |||||||||||||||||||||||||||||||||||||
| proceeds from sale of assets | 17,075,000 | ||||||||||||||||||||||||||||||||||||
| net cash from investing activities | |||||||||||||||||||||||||||||||||||||
| financing activities | |||||||||||||||||||||||||||||||||||||
| proceeds from long-term debt | 270,000,000 | ||||||||||||||||||||||||||||||||||||
| repayment of long-term debt | |||||||||||||||||||||||||||||||||||||
| debt fees paid | |||||||||||||||||||||||||||||||||||||
| net proceeds from share issuance | 51,167,000 | ||||||||||||||||||||||||||||||||||||
| distributions to shareholders | |||||||||||||||||||||||||||||||||||||
| net cash from financing activities | 235,958,000 | 14,725,000 | 16,309,000 | ||||||||||||||||||||||||||||||||||
| net change in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||
| cash and cash equivalents at beginning of year | 98,250,000 | 79,259,000 | 46,848,000 | ||||||||||||||||||||||||||||||||||
| cash and cash equivalents at end of year | 42,221,000 | 98,250,000 | 79,259,000 | ||||||||||||||||||||||||||||||||||
| supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||||||||
| interest paid, net of capitalized interest | 5,848,000 | 2,851,000 | 4,477,000 | ||||||||||||||||||||||||||||||||||
| voyage in progress | 824,000 | ||||||||||||||||||||||||||||||||||||
| purchase of vessel | |||||||||||||||||||||||||||||||||||||
| cash acquired on purchase of spcs | 43,412,000 | ||||||||||||||||||||||||||||||||||||
| proceeds from sale of vessel | |||||||||||||||||||||||||||||||||||||
| proceeds from (repayment) of long-term debt | 30,000,000 | ||||||||||||||||||||||||||||||||||||
| cash and cash equivalents at start of period | 98,250,000 | ||||||||||||||||||||||||||||||||||||
| cash and cash equivalents at end of period | 18,130,000 | ||||||||||||||||||||||||||||||||||||
| non current assets | |||||||||||||||||||||||||||||||||||||
| vessels held under finance leases | 56,535,000 | ||||||||||||||||||||||||||||||||||||
| vessels under construction | 42,398,000 | ||||||||||||||||||||||||||||||||||||
| other long term receivables | 9,189,000 | ||||||||||||||||||||||||||||||||||||
| available-for-sale financial assets | 9,164,000 | ||||||||||||||||||||||||||||||||||||
| derivative financial instruments | 2,093,000 | ||||||||||||||||||||||||||||||||||||
| installments on cancelled newbuildings | |||||||||||||||||||||||||||||||||||||
| investment in associates and joint ventures | 10,481,000 | ||||||||||||||||||||||||||||||||||||
| total non-current assets | 828,118,000 | ||||||||||||||||||||||||||||||||||||
| trade and other receivables | 21,554,000 | ||||||||||||||||||||||||||||||||||||
| refundable installments on cancelled newbuildings | 111,561,000 | ||||||||||||||||||||||||||||||||||||
| restricted deposit | 3,531,000 | ||||||||||||||||||||||||||||||||||||
| equity and liabilities | |||||||||||||||||||||||||||||||||||||
| equity attributable to equity holders of the parent | |||||||||||||||||||||||||||||||||||||
| other reserves | 42,999,000 | ||||||||||||||||||||||||||||||||||||
| retained earnings | 282,059,000 | 42,086,000 | |||||||||||||||||||||||||||||||||||
| non-controlling interests | |||||||||||||||||||||||||||||||||||||
| non-current liabilities | |||||||||||||||||||||||||||||||||||||
| long term debt | 396,957,000 | 96,320,000 | |||||||||||||||||||||||||||||||||||
| obligations under finance leases | 55,288,000 | ||||||||||||||||||||||||||||||||||||
| total non-current liabilities | 456,552,000 | ||||||||||||||||||||||||||||||||||||
| long-term debt - current portion | 128,435,000 | ||||||||||||||||||||||||||||||||||||
| obligations under finance leases – current portion | 4,290,000 | ||||||||||||||||||||||||||||||||||||
| amount due to related parties | 1,180,000 | ||||||||||||||||||||||||||||||||||||
| trade payables and other current liabilities | 19,991,000 | ||||||||||||||||||||||||||||||||||||
| total liabilities and shareholders' equity | 1,079,424,000 | ||||||||||||||||||||||||||||||||||||
| see accompanying notes that are an integral part of these financial statements | |||||||||||||||||||||||||||||||||||||
| vessel held for sale | 21,523,000 | ||||||||||||||||||||||||||||||||||||
| net increase in cash and cash equivalents | 18,991,000 | 32,411,000 | |||||||||||||||||||||||||||||||||||
| retained (deficit) earnings | |||||||||||||||||||||||||||||||||||||
| net income on sale of vessels | 13,088,000 | ||||||||||||||||||||||||||||||||||||
| changes in restricted cash | |||||||||||||||||||||||||||||||||||||
| proceeds from sale of vessels | 66,993,000 | ||||||||||||||||||||||||||||||||||||
| net cash from (used) in investing activities | 66,993,000 | ||||||||||||||||||||||||||||||||||||
| short term | |||||||||||||||||||||||||||||||||||||
| long term | |||||||||||||||||||||||||||||||||||||
| liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||
| short-term debt and current portion of long-term debt | 3,600,000 | 7,600,000 | 32,350,000 | 13,960,000 | 28,260,000 | 42,560,000 | |||||||||||||||||||||||||||||||
| stockholders’ equity | 375,901,000 | 224,523,000 | 222,305,000 | 223,091,000 | 224,618,000 | 223,277,000 | 169,472,000 | 172,129,000 | |||||||||||||||||||||||||||||
| total liabilities and stockholders’ equity | 541,953,000 | 332,305,000 | 331,685,000 | 335,133,000 | 336,897,000 | 339,085,000 | 312,095,000 | 319,012,000 | 342,166,000 | ||||||||||||||||||||||||||||
| liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||
| stockholders' equity | 251,421,000 | 276,011,000 | 239,710,000 | 230,724,000 | 227,620,000 | ||||||||||||||||||||||||||||||||
| total liabilities and stockholders' equity | 372,783,000 | 371,951,000 | 448,651,000 | 374,946,000 | 352,439,000 | 349,124,000 | |||||||||||||||||||||||||||||||
| stockholders‟ equity | 244,824,000 | ||||||||||||||||||||||||||||||||||||
| short term debt and current portion of long-term debt | 42,560,000 | 42,560,000 | 8,960,000 | 8,960,000 | 11,200,000 | 11,200,000 | |||||||||||||||||||||||||||||||
| long term interest bearing debt | 58,240,000 | 60,480,000 | 98,560,000 | 100,800,000 | 123,200,000 | 126,000,000 | |||||||||||||||||||||||||||||||
| deferred charges and other long-term assets | 349,000 | 358,000 | |||||||||||||||||||||||||||||||||||
| credit facilities and current portion of long-term debt | 8,960,000 | ||||||||||||||||||||||||||||||||||||
| contributed capital surplus account | 179,019,000 | ||||||||||||||||||||||||||||||||||||
| total stockholders’ equity | 221,276,000 |
We provide you with 20 years of balance sheets for Golden Ocean Group stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Golden Ocean Group. Explore the full financial landscape of Golden Ocean Group stock with our expertly curated balance sheets.
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