Golden Net Income From Continuing Ops from 2010 to 2024

GOGL Stock  USD 10.09  0.77  7.09%   
Golden Ocean Net Income From Continuing Ops yearly trend continues to be quite stable with very little volatility. The value of Net Income From Continuing Ops is projected to decrease to about 76.5 M. From the period between 2010 and 2024, Golden Ocean, Net Income From Continuing Ops regression line of its data series had standard deviation of  199,413,555 and standard deviation of  199,413,555. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2000-03-31
Previous Quarter
65.4 M
Current Value
62.5 M
Quarterly Volatility
51.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Ocean financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Ocean's main balance sheet or income statement drivers, such as Depreciation And Amortization of 142.3 M, Interest Expense of 108.8 M or Selling General Administrative of 19 M, as well as many 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.
  
Check out the analysis of Golden Ocean Correlation against competitors.

Latest Golden Ocean's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Golden Ocean Group over the last few years. It is Golden Ocean's Net Income From Continuing Ops 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.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Golden Net Income From Continuing Ops Regression Statistics

Arithmetic Mean56,806,880
Geometric Mean35,315,108
Coefficient Of Variation351.04
Mean Deviation131,876,507
Median3,530,000
Standard Deviation199,413,555
Sample Variance39765.8T
Range748.1M
R-Value0.47
Mean Square Error33324.5T
R-Squared0.22
Significance0.08
Slope21,001,905
Total Sum of Squares556720.7T

Golden Net Income From Continuing Ops History

202476.5 M
2023123 M
2022461.8 M
2021527.2 M
2020-137.7 M
201937.2 M
201884.5 M

About Golden Ocean Financial Statements

Golden Ocean investors utilize fundamental indicators, such as Net Income From Continuing Ops, to predict how Golden Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income From Continuing Ops123 M76.5 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Golden Ocean Group is a strong investment it is important to analyze Golden Ocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Golden Ocean's future performance. For an informed investment choice regarding Golden Stock, refer to the following important reports:
Check out the analysis of Golden Ocean Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Marine Transportation space 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
0.822
Earnings Share
1.21
Revenue Per Share
4.871
Quarterly Revenue Growth
0.172
Return On Assets
0.0541
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.