Golden Ocean Group Ltd
NASDAQ:GOGL

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Golden Ocean Group Ltd
NASDAQ:GOGL
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Price: 11.14 USD -0.45% Market Closed
Market Cap: 2.2B USD
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Gross Margin
Golden Ocean Group Ltd

50.4%
Current
53%
Average
26.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
50.4%
=
Gross Profit
490.6m
/
Revenue
972.7m

Gross Margin Across Competitors

Country BM
Market Cap 2.2B USD
Gross Margin
50%
Country DE
Market Cap 28.2B EUR
Gross Margin
26%
Country CH
Market Cap 24.8B CHF
Gross Margin
36%
Country DK
Market Cap 189B DKK
Gross Margin
0%
Country CN
Market Cap 180.2B CNY
Gross Margin
17%
Country TW
Market Cap 504.2B TWD
Gross Margin
23%
Country JP
Market Cap 2.3T JPY
Gross Margin
18%
Country JP
Market Cap 2T JPY
Gross Margin
17%
Country JP
Market Cap 1.4T JPY
Gross Margin
17%
Country KR
Market Cap 12.8T KRW
Gross Margin
28%
Country HK
Market Cap 69.7B HKD
Gross Margin
14%
No Stocks Found

Golden Ocean Group Ltd
Glance View

Market Cap
2.2B USD
Industry
Marine

Golden Ocean Group Ltd. engages in the ownership and operation of dry bulk vessels. The firm is engaged in the transportation of dry bulk cargoes. The company owns and operates a fleet of dry bulk carrier vessels, focusing on the Capesize, Panamax and Supramax markets. Its vessels transport a range of major and minor bulk commodities, including ores, coal, grains and fertilizers. Its fleet includes owned vessels, bareboat vessels, chartered vessels, commercial management vessels and newbuildings. The company owns over 40 dry bulk carriers and has contracts for over 20 newbuildings. The company also has over 10 vessels chartered-in (of which over eight are chartered in from Ship Finance and over five are chartered in from third parties) and over one vessel chartered-in through a joint venture. Approximately six of the vessels are chartered-out on fixed rate time charters and the other operates in the spot market or fixed on index-linked time charter contracts.

GOGL Intrinsic Value
13.93 USD
Undervaluation 20%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
50.4%
=
Gross Profit
490.6m
/
Revenue
972.7m
What is the Gross Margin of Golden Ocean Group Ltd?

Based on Golden Ocean Group Ltd's most recent financial statements, the company has Gross Margin of 50.4%.