Balance Sheet Data

Golden Ocean Group Limited (GOGL)

$14.72

-0.54 (-3.54%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 325.33317.39102.79156.78197.03565.09754.741,008.041,346.341,798.18
Total Cash (%)
Account Receivables 50.7958.3150.8265.53114.02152.29203.40271.66362.83484.59
Account Receivables (%)
Inventories 20.1428.1528.2425.1650.5667.5390.20120.47160.89214.89
Inventories (%)
Accounts Payable 8.137.7516.3718.4024.9533.3344.5159.4579.40106.05
Accounts Payable (%)
Capital Expenditure -159.55-158.24-44.12-25.27-445-341.30-455.85-608.83-813.16-1,086.06
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.