Genco Shipping & Trading Ltd financial data

Symbol
GNK on NYSE
Industry
Deep Sea Foreign Transportation of Freight
Location
299 Park Avenue, 12 Th Floor, New York, New York
State of incorporation
Marshall Islands
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 375 % +31.7%
Quick Ratio 77.1 % +22%
Debt-to-equity 21.3 % -5.92%
Return On Equity 0.36 % -97.1%
Return On Assets 0.29 % -97.1%
Operating Margin 2.9 % -88.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 42.7M shares +0.52%
Common Stock, Shares, Outstanding 42.8M shares +0.57%
Entity Public Float 588M USD -18.2%
Common Stock, Value, Issued 427K USD +0.47%
Weighted Average Number of Shares Outstanding, Basic 42.9M shares +0.67%
Weighted Average Number of Shares Outstanding, Diluted 43.6M shares +1.18%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 407M USD -17.8%
Revenue from Contract with Customer, Excluding Assessed Tax 233M USD -24.1%
General and Administrative Expense 28.2M USD +2.8%
Costs and Expenses 395M USD +8.09%
Operating Income (Loss) 11.8M USD -90.9%
Nonoperating Income (Expense) -8.08M USD +12.5%
Net Income (Loss) Attributable to Parent 3.29M USD -97.2%
Earnings Per Share, Basic 0.08 USD/shares -97.2%
Earnings Per Share, Diluted 0.07 USD/shares -97.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 48.4M USD +8.83%
Accounts Receivable, after Allowance for Credit Loss, Current 21.9M USD +31.1%
Inventory, Net 30.6M USD +22.4%
Other Assets, Current 671K USD -35.6%
Assets, Current 146M USD +36.3%
Property, Plant and Equipment, Net 7.21M USD -13.9%
Operating Lease, Right-of-Use Asset 2.26M USD -39.2%
Assets 1.12B USD -2.28%
Accounts Payable, Current 14.5M USD -0.67%
Contract with Customer, Liability, Current 5.68M USD +12.9%
Liabilities, Current 39.3M USD +14.9%
Operating Lease, Liability, Noncurrent 1.21M USD -65.8%
Liabilities 201M USD +3.53%
Accumulated Other Comprehensive Income (Loss), Net of Tax 527K USD -91.9%
Retained Earnings (Accumulated Deficit) -622M USD +0.53%
Stockholders' Equity Attributable to Parent 915M USD -3.52%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 917M USD -3.47%
Liabilities and Equity 1.12B USD -2.28%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 32.3M USD +64.8%
Net Cash Provided by (Used in) Financing Activities -47.9M USD -57.6%
Net Cash Provided by (Used in) Investing Activities 17.5M USD
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 42.8M shares +0.57%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.82M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 48.7M USD -3.41%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4M USD +20.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 4.1M USD -34%
Payments to Acquire Property, Plant, and Equipment 240K USD -77.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.56M USD -101%
Lessee, Operating Lease, Liability, to be Paid 4.29M USD -35.7%
Property, Plant and Equipment, Gross 15.1M USD +2.19%
Operating Lease, Liability, Current 2.33M USD +6.16%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.84M USD -25%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.45M USD +3.15%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 196K USD -58%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.84M USD -25%
Operating Lease, Payments 613K USD +10.1%
Depreciation, Depletion and Amortization 67.7M USD +9.13%
Interest Expense 10.8M USD +21.5%