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, NY
State of incorporation
Marshall Islands
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 369 % +10.4%
Quick Ratio 69.4 % -2.68%
Debt-to-equity 18.4 % -8.38%
Return On Equity 7.45 % +549%
Return On Assets 6.3 % +559%
Operating Margin 18.1 % +300%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 42.8M shares +0.52%
Common Stock, Shares, Outstanding 42.8M shares +0.52%
Entity Public Float 588M USD -18.2%
Common Stock, Value, Issued 427K USD +0.47%
Weighted Average Number of Shares Outstanding, Basic 43.1M shares +0.68%
Weighted Average Number of Shares Outstanding, Diluted 43.7M shares +1.96%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 439M USD +11.1%
Revenue from Contract with Customer, Excluding Assessed Tax 384M USD +30.7%
General and Administrative Expense 27.8M USD -2.88%
Costs and Expenses 360M USD -4.65%
Operating Income (Loss) 79.5M USD +344%
Nonoperating Income (Expense) -10.4M USD -58.8%
Net Income (Loss) Attributable to Parent 68.7M USD +532%
Earnings Per Share, Basic 1.6 USD/shares +540%
Earnings Per Share, Diluted 1.58 USD/shares +508%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 46.7M USD +0.88%
Accounts Receivable, after Allowance for Credit Loss, Current 20.4M USD +4.67%
Inventory, Net 24.9M USD -9.61%
Other Assets, Current 671K USD -35.6%
Assets, Current 127M USD +14.3%
Property, Plant and Equipment, Net 7.23M USD -2.8%
Operating Lease, Right-of-Use Asset 1.52M USD -49.4%
Assets 1.04B USD -4.61%
Accounts Payable, Current 14M USD +30.1%
Contract with Customer, Liability, Current 5.89M USD -9.92%
Liabilities, Current 41.2M USD +13.7%
Operating Lease, Liability, Noncurrent 608K USD -79.5%
Liabilities 113M USD -36.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 527K USD -91.9%
Retained Earnings (Accumulated Deficit) -577M USD +10.6%
Stockholders' Equity Attributable to Parent 930M USD +1.61%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 932M USD +1.66%
Liabilities and Equity 1.04B USD -4.61%

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 +0.52%
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 47M USD -10%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4M USD +20.1%
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 66.4M USD +1003%
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 2.39M USD +5.3%
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 67.6M USD +2.82%
Interest Expense 10.8M USD +21.5%