Genco Interest Income from 2010 to 2026

GNK Stock  USD 20.21  1.26  5.87%   
Genco Shipping Interest Income yearly trend continues to be quite stable with very little volatility. The value of Interest Income is projected to decrease to about 2.5 M. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
243 K
Current Value
388 K
Quarterly Volatility
2.7 M
 
Covid
 
Interest Hikes
Check Genco Shipping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genco Shipping's main balance sheet or income statement drivers, such as Depreciation And Amortization of 82.9 M, Interest Expense of 11.4 M or Selling General Administrative of 28.3 M, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0767 or PTB Ratio of 0.91. Genco financial statements analysis is a perfect complement when working with Genco Shipping Valuation or Volatility modules.
  
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Check out the analysis of Genco Shipping Correlation against competitors.
Historical Interest Income data for Genco Shipping serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Genco Shipping Trading represents a compelling investment opportunity.

Latest Genco Shipping's Interest Income Growth Pattern

Below is the plot of the Interest Income of Genco Shipping Trading over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Genco Shipping's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genco Shipping's overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Genco Interest Income Regression Statistics

Arithmetic Mean14,520,435
Geometric Mean7,176,805
Coefficient Of Variation78.86
Mean Deviation10,432,077
Median19,922,000
Standard Deviation11,451,279
Sample Variance131.1T
Range29.1M
R-Value(0.69)
Mean Square Error73.2T
R-Squared0.48
Significance0
Slope(1,565,233)
Total Sum of Squares2098.1T

Genco Interest Income History

20262.5 M
20252.7 M
2024M
20232.5 M
2022M
2021154 K
2020M

Other Fundumenentals of Genco Shipping Trading

Genco Shipping Interest Income component correlations

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0.60.32-0.030.310.320.580.370.540.120.490.46-0.21-0.91-0.2-0.860.26-0.46-0.110.18-0.020.0-0.080.12
0.930.320.76-0.510.73-0.220.90.190.560.060.53-0.5-0.170.12-0.19-0.73-0.770.86-0.10.380.550.53-0.36
0.61-0.030.76-0.590.56-0.420.67-0.310.37-0.010.43-0.630.270.390.12-0.94-0.420.94-0.080.090.420.42-0.13
-0.30.31-0.51-0.59-0.360.56-0.480.26-0.280.27-0.120.4-0.45-0.39-0.410.730.36-0.660.01-0.36-0.52-0.780.53
0.710.320.730.56-0.36-0.160.70.26-0.14-0.140.76-0.24-0.210.01-0.08-0.49-0.680.6-0.320.380.450.42-0.32
-0.010.58-0.22-0.420.56-0.16-0.230.21-0.110.43-0.140.34-0.68-0.26-0.670.550.14-0.44-0.01-0.4-0.54-0.580.35
0.840.370.90.67-0.480.7-0.230.120.450.260.64-0.57-0.180.21-0.27-0.61-0.70.740.230.380.540.53-0.36
0.40.540.19-0.310.260.260.210.120.090.140.280.29-0.59-0.33-0.380.4-0.44-0.210.040.440.220.21-0.18
0.520.120.560.37-0.28-0.14-0.110.450.090.26-0.14-0.4-0.030.16-0.19-0.41-0.350.480.260.190.310.3-0.19
0.230.490.06-0.010.27-0.140.430.260.140.26-0.02-0.11-0.440.1-0.630.17-0.15-0.070.62-0.11-0.13-0.140.13
0.550.460.530.43-0.120.76-0.140.640.28-0.14-0.02-0.3-0.260.14-0.23-0.25-0.430.330.10.210.340.22-0.09
-0.48-0.21-0.5-0.630.4-0.240.34-0.570.29-0.4-0.11-0.3-0.07-0.420.010.570.52-0.51-0.2-0.2-0.52-0.40.18
-0.46-0.91-0.170.27-0.45-0.21-0.68-0.18-0.59-0.03-0.44-0.26-0.070.50.91-0.430.330.28-0.020.160.250.26-0.17
0.01-0.20.120.39-0.390.01-0.260.21-0.330.160.10.14-0.420.50.42-0.4-0.150.30.290.360.60.43-0.47
-0.45-0.86-0.190.12-0.41-0.08-0.67-0.27-0.38-0.19-0.63-0.230.010.910.42-0.310.150.17-0.30.380.390.36-0.29
-0.510.26-0.73-0.940.73-0.490.55-0.610.4-0.410.17-0.250.57-0.43-0.4-0.310.4-0.960.17-0.16-0.46-0.490.32
-0.83-0.46-0.77-0.420.36-0.680.14-0.7-0.44-0.35-0.15-0.430.520.33-0.150.150.4-0.520.12-0.68-0.73-0.660.54
0.67-0.110.860.94-0.660.6-0.440.74-0.210.48-0.070.33-0.510.280.30.17-0.96-0.52-0.170.260.490.51-0.3
-0.040.18-0.1-0.080.01-0.32-0.010.230.040.260.620.1-0.2-0.020.29-0.30.170.12-0.17-0.020.030.05-0.02
0.34-0.020.380.09-0.360.38-0.40.380.440.19-0.110.21-0.20.160.360.38-0.16-0.680.26-0.020.880.77-0.67
0.480.00.550.42-0.520.45-0.540.540.220.31-0.130.34-0.520.250.60.39-0.46-0.730.490.030.880.86-0.72
0.45-0.080.530.42-0.780.42-0.580.530.210.3-0.140.22-0.40.260.430.36-0.49-0.660.510.050.770.86-0.69
-0.30.12-0.36-0.130.53-0.320.35-0.36-0.18-0.190.13-0.090.18-0.17-0.47-0.290.320.54-0.3-0.02-0.67-0.72-0.69
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About Genco Shipping Financial Statements

Genco Shipping investors utilize fundamental indicators, such as Interest Income, to predict how Genco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Income2.7 M2.5 M
Net Interest Income-11.9 M-12.5 M

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When determining whether Genco Shipping Trading is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genco Shipping Trading Stock. Highlighted below are key reports to facilitate an investment decision about Genco Shipping Trading Stock:
Check out the analysis of Genco Shipping Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. Market participants price Genco higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Genco Shipping assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
1.516
Dividend Share
0.75
Earnings Share
(0.17)
Revenue Per Share
7.657
Quarterly Revenue Growth
(0.20)
Understanding Genco Shipping Trading requires distinguishing between market price and book value, where the latter reflects Genco's accounting equity. The concept of intrinsic value - what Genco Shipping's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Genco Shipping's price substantially above or below its fundamental value.
Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Genco Shipping's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.