Golden Ocean Group Limited
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The comp…
Marine Shipping
BM, Hamilton [HQ]
Cash Flow Statements
15 Records · Starting from 2009In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 34.00 | 62.00 | 42.00 | 36.00 | 12.00 | 24.00 | -14.00 | -23.00 | 94.00 | 186.00 | 158.00 | 140.00 | 560.00 | 503.00 | 266.00 | |
| Operating Cash (Net) | 34.00 | 62.00 | 42.00 | 36.00 | 12.00 | 24.00 | -14.00 | -23.00 | 94.00 | 186.00 | 158.00 | 140.00 | 560.00 | 503.00 | 266.00 | |
| Accounts Receivable | -1.00 | 2.00 | -5.00 | -4.00 | -1.00 | - - | -5.00 | -5.00 | -8.00 | -4.00 | -18.00 | 22.00 | -6.00 | 13.00 | -7.00 | |
| Accounts Payable | -1.00 | - - | -1.00 | - - | - - | 1.00 | -5.00 | - - | 2.00 | 2.00 | 4.00 | 6.00 | -11.00 | - - | -1.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -1.00 | 3.00 | -14.00 | - - | -1.00 | -11.00 | - - | -1.00 | -7.00 | -19.00 | -1.00 | 31.00 | -37.00 | 12.00 | 3.00 | |
| Other WC | 3.00 | - - | -4.00 | 4.00 | - - | -2.00 | 2.00 | 6.00 | 1.00 | -9.00 | 12.00 | - - | -1.00 | - - | 8.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -116.00 | -102.00 | - - | 66.00 | -9.00 | -316.00 | 112.00 | -175.00 | -27.00 | -141.00 | -73.00 | -19.00 | -390.00 | 72.00 | -381.00 | |
| Capital Expenditure | -116.00 | -97.00 | - - | -41.00 | -26.00 | -381.00 | -519.00 | -267.00 | -158.00 | -158.00 | -44.00 | -25.00 | -444.00 | -61.00 | -477.00 | |
| Purchases of Investments | - - | - - | - - | - - | - - | - - | -32.00 | 98.00 | -9.00 | 14.00 | -1.00 | -1.00 | - - | - - | - - | |
| Sale/Maturity of Investment | - - | - - | - - | - - | - - | - - | 421.00 | - - | - - | - - | 1.00 | 1.00 | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -116.00 | -97.00 | - - | -41.00 | -26.00 | -381.00 | -519.00 | -267.00 | -158.00 | -158.00 | -44.00 | -25.00 | -444.00 | -61.00 | -477.00 | |
| Acquisitions (Net) | - - | - - | - - | - - | - - | 68.00 | 237.00 | - - | 6.00 | - - | -19.00 | 1.00 | - - | - - | 94.00 | |
| Other Investing Activities | - - | -5.00 | - - | 55.00 | 17.00 | -3.00 | 426.00 | 92.00 | 124.00 | 2.00 | -9.00 | 4.00 | 54.00 | 132.00 | - - | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -11.00 | -88.00 | -52.00 | -71.00 | -16.00 | -235.00 | -37.00 | -308.00 | -28.00 | -44.00 | -294.00 | -109.00 | -135.00 | -648.00 | -95.00 | |
| Debt Repayment | -42.00 | -170.00 | -3.00 | -42.00 | -16.00 | -1.00 | -249.00 | -37.00 | -168.00 | -247.00 | -626.00 | -439.00 | -163.00 | -446.00 | -203.00 | |
| Dividends Paid | -4.00 | -33.00 | -48.00 | -29.00 | -18.00 | -28.00 | - - | - - | - - | -64.00 | -46.00 | -7.00 | -320.00 | -471.00 | -100.00 | |
|
Common Stock
|
- - | -120 | - - | 4 | - - | - - | - - | - - | - - | 2 | 395 | - - | - - | 4 | 9 | |
| Issued | - - | 87.00 | - - | - - | 51.00 | - - | - - | 205.00 | 122.00 | - - | 389.00 | - - | 352.00 | - - | - - | |
| Repurchased | - - | 207.00 | - - | -4.00 | - - | - - | - - | - - | - - | -1.00 | -5.00 | - - | - - | -3.00 | -8.00 | |
| Other Financing Activities | 58.00 | 205.00 | - - | -157.00 | 38.00 | 266.00 | 212.00 | 141.00 | 75.00 | 268.00 | -5.00 | 336.00 | 348.00 | 272.00 | 407.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 77.00 | 7.00 | 56.00 | 46.00 | 79.00 | 98.00 | 42.00 | 102.00 | 212.00 | 371.00 | 372.00 | 163.00 | 175.00 | 210.00 | 138.00 | |
| End of Period | 7.00 | 56.00 | 46.00 | 79.00 | 98.00 | 42.00 | 102.00 | 212.00 | 309.00 | 372.00 | 163.00 | 175.00 | 210.00 | 138.00 | 118.00 | |
| Change | -70.00 | 48.00 | -9.00 | 32.00 | 18.00 | -56.00 | 60.00 | 110.00 | 96.00 | - - | -209.00 | 11.00 | 34.00 | -71.00 | -19.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 14.00 | 20.00 | 22.00 | 21.00 | 11.00 | 20.00 | 54.00 | 64.00 | 78.00 | 92.00 | 93.00 | 111.00 | 123.00 | 129.00 | 135.00 | |
| Stock Based Compensation | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Other | 21.00 | - - | 1.00 | 67.00 | 5.00 | - - | 151.00 | 41.00 | 25.00 | 28.00 | 28.00 | 16.00 | -3.00 | -101.00 | 291.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | -81.00 | -35.00 | 42.00 | -4.00 | -14.00 | -356.00 | -533.00 | -290.00 | -64.00 | 28.00 | 114.00 | 115.00 | 115.00 | 442.00 | -211.00 | |
| Cash Conversion Cycle (CCC) | 6.00 | -16.00 | 65.00 | 45.00 | 45.00 | 72.00 | 143.00 | 95.00 | 78.00 | 64.00 | 68.00 | 43.00 | 50.00 | 51.00 | 62.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - |