Financial Statements

Golden Ocean Group Limited (GOGL)

$11.57

-0.33 (-2.77%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 160-367-229-268-
Net Income 462527-1383785
Stock Dividends 179320748-287
Dividend Paid -472-321-7-47-65
Retained Earnings 329160-367-229-268

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 3,0342,4042,5902,408-
Annual Depreciation -1171,076-1602262,566
Capital Expenditure -61-445-25-44-158
Net PPE 2,8573,0342,4042,5902,408

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -----
New Purchases 14-1-2-1-1
Intangible and Goodwill -----

Golden Ocean Group Limited income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Golden Ocean Group Limited FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.