Golden Gross Profit from 2010 to 2024
GOGL Stock | USD 14.39 0.03 0.21% |
Gross Profit | First Reported 1997-03-31 | Previous Quarter 90.3 M | Current Value 91.7 M | Quarterly Volatility 38.9 M |
Check Golden Ocean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden main balance sheet or income statement drivers, such as Depreciation And Amortization of 142.3 M, Interest Expense of 114.3 M or Selling General Administrative of 19.6 M, as well as many exotic indicators such as Price To Sales Ratio of 4.27, Dividend Yield of 0.0487 or PTB Ratio of 1.22. Golden financial statements analysis is a perfect complement when working with Golden Ocean Valuation or Volatility modules.
Golden | Gross Profit |
Latest Golden Ocean's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Golden Ocean Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Golden Ocean Group minus its cost of goods sold. It is profit before Golden Ocean operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Golden Ocean's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Ocean's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 551.12 M | 10 Years Trend |
|
Gross Profit |
Timeline |
Golden Gross Profit Regression Statistics
Arithmetic Mean | 120,071,289 | |
Geometric Mean | 76,459,316 | |
Coefficient Of Variation | 139.05 | |
Mean Deviation | 124,973,961 | |
Median | 60,130,000 | |
Standard Deviation | 166,963,414 | |
Sample Variance | 27876.8T | |
Range | 586.7M | |
R-Value | 0.65 | |
Mean Square Error | 17149.2T | |
R-Squared | 0.43 | |
Significance | 0.01 | |
Slope | 24,446,392 | |
Total Sum of Squares | 390274.9T |
Golden Gross Profit History
Other Fundumenentals of Golden Ocean Group
Golden Ocean Gross Profit component correlations
Click cells to compare fundamentals
About Golden Ocean Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Golden Ocean income statement, its balance sheet, and the statement of cash flows. Golden Ocean investors use historical funamental indicators, such as Golden Ocean's Gross Profit, to determine how well the company is positioned to perform in the future. Although Golden Ocean investors may use each financial statement separately, they are all related. The changes in Golden Ocean's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Golden Ocean's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Golden Ocean Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Golden Ocean. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Gross Profit | 209.9 M | 220.4 M | |
Gross Profit Margin | 0.24 | 0.23 |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Golden Ocean Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out the analysis of Golden Ocean Correlation against competitors. Note that the Golden Ocean Group information on this page should be used as a complementary analysis to other Golden Ocean's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Golden Stock analysis
When running Golden Ocean's price analysis, check to measure Golden Ocean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Golden Ocean is operating at the current time. Most of Golden Ocean's value examination focuses on studying past and present price action to predict the probability of Golden Ocean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Ocean's price. Additionally, you may evaluate how the addition of Golden Ocean to your portfolios can decrease your overall portfolio volatility.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
Is Golden Ocean's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Ocean. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Ocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 0.8 | Earnings Share 0.93 | Revenue Per Share 4.686 | Quarterly Revenue Growth 0.256 |
The market value of Golden Ocean Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Ocean's value that differs from its market value or its book value, called intrinsic value, which is Golden Ocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Ocean's market value can be influenced by many factors that don't directly affect Golden Ocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Ocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Ocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Ocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.