GOGL vs. ASC
Compare and contrast key facts about Golden Ocean Group Limited (GOGL) and Ardmore Shipping Corporation (ASC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOGL or ASC.
Correlation
The correlation between GOGL and ASC is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GOGL vs. ASC - Performance Comparison
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Key characteristics
GOGL:
-0.82
ASC:
-1.36
GOGL:
-1.04
ASC:
-2.05
GOGL:
0.86
ASC:
0.77
GOGL:
-0.48
ASC:
-0.82
GOGL:
-1.31
ASC:
-1.28
GOGL:
31.13%
ASC:
39.23%
GOGL:
49.07%
ASC:
38.88%
GOGL:
-96.87%
ASC:
-80.11%
GOGL:
-81.63%
ASC:
-55.02%
Fundamentals
GOGL:
$1.61B
ASC:
$403.40M
GOGL:
$1.12
ASC:
$3.14
GOGL:
7.21
ASC:
3.16
GOGL:
131.35
ASC:
-6.04
GOGL:
1.66
ASC:
1.08
GOGL:
0.85
ASC:
0.65
GOGL:
$721.69M
ASC:
$299.48M
GOGL:
$261.07M
ASC:
$116.71M
GOGL:
$340.59M
ASC:
$111.15M
Returns By Period
In the year-to-date period, GOGL achieves a -9.17% return, which is significantly higher than ASC's -17.64% return. Over the past 10 years, GOGL has underperformed ASC with an annualized return of -3.54%, while ASC has yielded a comparatively higher 0.23% annualized return.
GOGL
-9.17%
12.85%
-29.81%
-40.15%
35.61%
-3.54%
ASC
-17.64%
14.02%
-14.92%
-52.82%
19.09%
0.23%
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Risk-Adjusted Performance
GOGL vs. ASC — Risk-Adjusted Performance Rank
GOGL
ASC
GOGL vs. ASC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Golden Ocean Group Limited (GOGL) and Ardmore Shipping Corporation (ASC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
GOGL vs. ASC - Dividend Comparison
GOGL's dividend yield for the trailing twelve months is around 13.14%, more than ASC's 9.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOGL Golden Ocean Group Limited | 13.14% | 13.39% | 5.12% | 27.04% | 17.20% | 1.08% | 5.60% | 7.32% | 0.00% | 0.00% | 0.00% | 15.34% |
ASC Ardmore Shipping Corporation | 9.58% | 8.89% | 8.16% | 0.00% | 0.00% | 1.53% | 0.00% | 0.00% | 0.00% | 5.41% | 4.80% | 3.34% |
Drawdowns
GOGL vs. ASC - Drawdown Comparison
The maximum GOGL drawdown since its inception was -96.87%, which is greater than ASC's maximum drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for GOGL and ASC. For additional features, visit the drawdowns tool.
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Volatility
GOGL vs. ASC - Volatility Comparison
Golden Ocean Group Limited (GOGL) has a higher volatility of 11.59% compared to Ardmore Shipping Corporation (ASC) at 7.30%. This indicates that GOGL's price experiences larger fluctuations and is considered to be riskier than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
GOGL vs. ASC - Financials Comparison
This section allows you to compare key financial metrics between Golden Ocean Group Limited and Ardmore Shipping Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GOGL vs. ASC - Profitability Comparison
GOGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Golden Ocean Group Limited reported a gross profit of 75.12M and revenue of 210.97M. Therefore, the gross margin over that period was 35.6%.
ASC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a gross profit of 23.53M and revenue of 82.04M. Therefore, the gross margin over that period was 28.7%.
GOGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Golden Ocean Group Limited reported an operating income of 49.17M and revenue of 210.97M, resulting in an operating margin of 23.3%.
ASC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported an operating income of 11.47M and revenue of 82.04M, resulting in an operating margin of 14.0%.
GOGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Golden Ocean Group Limited reported a net income of 39.00M and revenue of 210.97M, resulting in a net margin of 18.5%.
ASC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a net income of 6.94M and revenue of 82.04M, resulting in a net margin of 8.5%.