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Golden Ocean net and operating results remained stable QoQ due to revenue and expense changes offsetting each other. GOGL's balance sheet is in shape. The company reported $99 million cash, $994 long-term debt, and 73% Total Debt to Equity. Market tailwinds, such as robust tonne-mile demand and constrained vessel supply, further support the investment thesis.
https://seekingalpha.com/article/4726746-golden-ocean-group-top-spec-fleet-and-attractive-shareholder-returns 2024 Oct 14