Genco Shipping Financials
| GNK Stock | USD 16.73 0.41 2.39% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Debt Equity Ratio | 0.2 | 0.2107 |
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| Current Ratio | 3.55 | 4.4571 |
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The financial analysis of Genco Shipping is a critical element in measuring its lifeblood. Investors should not minimize Genco Shipping's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Cash And Equivalents |
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Genco | Select Account or Indicator |
Understanding current and past Genco Shipping Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Genco Shipping's financial statements are interrelated, with each one affecting the others. For example, an increase in Genco Shipping's assets may result in an increase in income on the income statement.
Genco Shipping Stock Summary
Genco Shipping competes with Star Bulk, Golden Ocean, Global Ship, Danaos, and Diana Shipping. Genco Shipping Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. Genco Shipping Trading Limited was incorporated in 2004 and is headquartered in New York, New York. Genco Shipping operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 1027 people.Specialization | Industrials, Marine Shipping |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | MHY2685T1313 |
| CUSIP | Y2685T131 Y2685T115 |
| Location | New York; U.S.A |
| Business Address | 299 Park Avenue, |
| Sector | Marine Transportation |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.gencoshipping.com |
| Phone | 646 443 8550 |
| Currency | USD - US Dollar |
Genco Shipping Key Financial Ratios
| Return On Equity | 0.0748 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.21 % | ||||
| Price To Sales | 1.67 X | ||||
| Revenue | 383.82 M |
Genco Shipping Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.5B | 1.2B | 1.2B | 1.2B | 1.1B | 1.4B | |
| Other Current Liab | 23.6M | 7.4M | 16.8M | 9.1M | 9.0M | 15.6M | |
| Net Debt | 338.3M | 305.5M | 131.7M | 113.0M | 147.7M | 140.3M | |
| Retained Earnings | (743.3M) | (968.8M) | (786.8M) | (628.2M) | (641.1M) | (609.1M) | |
| Accounts Payable | 49.6M | 11.9M | 9.4M | 16.2M | 10.7M | 13.0M | |
| Cash | 155.9M | 143.9M | 114.6M | 58.1M | 46.5M | 44.2M | |
| Other Assets | 17.6M | 979.2M | 33.1M | 33.0M | 37.9M | 36.0M | |
| Long Term Debt | 413.0M | 358.9M | 238.2M | 164.9M | 190.2M | 180.7M | |
| Net Receivables | 13.7M | 13.0M | 20.1M | 26.5M | 19.2M | 12.6M | |
| Inventory | 27.2M | 21.6M | 24.6M | 21.6M | 26.7M | 14.4M | |
| Other Current Assets | 10.0M | 68.8M | 15.6M | 19.2M | 64.8M | 68.0M | |
| Total Liab | 550.5M | 487.8M | 286.3M | 205.6M | 227.3M | 215.9M | |
| Total Current Assets | 223.2M | 247.2M | 174.8M | 125.4M | 157.3M | 191.7M | |
| Short Term Debt | 71.4M | 84.2M | 3.7M | 4.2M | 4.6M | 4.4M | |
| Common Stock | 417K | 418K | 419K | 423K | 425K | 410.2K | |
| Net Tangible Assets | 978.4M | 745.0M | 916.6M | 967.4M | 870.7M | 785.1M | |
| Long Term Debt Total | 413.0M | 358.9M | 238.2M | 164.9M | 148.4M | 141.0M | |
| Capital Surpluse | 1.7B | 1.7B | 1.7B | 1.6B | 1.8B | 1.6B |
Genco Shipping Key Income Statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 32.0M | 22.4M | 15.4M | 9.1M | 8.8M | 8.3M | |
| Total Revenue | 389.5M | 355.6M | 547.1M | 536.9M | 383.8M | 320.3M | |
| Gross Profit | 31.2M | 35.7M | 226.3M | 196.3M | 68.2M | 94.0M | |
| Operating Income | 3.8M | 7.6M | 201.1M | 167.2M | (5.8M) | (5.6M) | |
| Ebit | 3.8M | (203.2M) | 197.4M | 168.5M | (7.3M) | (6.9M) | |
| Ebitda | 76.6M | (136.6M) | 255.0M | 230.1M | 60.6M | 80.3M | |
| Cost Of Revenue | 358.3M | 319.9M | 320.9M | 340.7M | 315.7M | 191.0M | |
| Net Income | (88.4M) | (247.1M) | 182.0M | 158.6M | (12.9M) | (13.5M) | |
| Income Tax Expense | 32.5M | 21.6M | 15.9M | 8.7M | 514K | 488.3K | |
| Income Before Tax | (56.0M) | (225.6M) | 182.0M | 159.4M | (12.4M) | (13.0M) | |
| Non Recurring | 53.1M | 27.6M | 1.9M | (4.9M) | (4.4M) | (4.2M) | |
| Interest Income | 27.9M | 1.0M | 154K | 1.0M | 2.5M | 2.4M | |
| Net Interest Income | (27.9M) | (21.4M) | (15.2M) | (8.1M) | (5.8M) | (6.1M) |
Genco Shipping Key Cash Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (40.5M) | 17.4M | (59.1M) | (56.4M) | (17.2M) | (16.4M) | |
| Free Cash Flow | 9.1M | 16.9M | 113.7M | 133.3M | (2.2M) | (2.3M) | |
| Depreciation | 72.8M | 66.5M | 57.6M | 61.6M | 67.9M | 82.9M | |
| Capital Expenditures | 50.4M | 20.0M | 117.5M | 56.0M | 94.0M | 158.4M | |
| Net Income | (56.0M) | (225.6M) | 182.0M | 159.4M | (12.9M) | (13.5M) | |
| End Period Cash Flow | 162.2M | 179.7M | 120.5M | 64.1M | 46.5M | 44.2M | |
| Change To Inventory | 2.3M | 5.6M | (3.0M) | 3.0M | (5.1M) | (4.9M) | |
| Other Non Cash Items | (9.1M) | (4.0M) | (4.9M) | (23.2M) | 31.2M | 40.5M | |
| Change Receivables | 8.6M | 710K | (7.1M) | (5.2M) | (4.7M) | (4.5M) | |
| Net Borrowings | (56.2M) | (47.1M) | (209.3M) | (75.0M) | (67.5M) | (64.1M) | |
| Change To Netincome | 29.6M | 3.9M | 1.8M | 3.2M | 2.9M | 2.8M | |
| Investments | (22.8M) | 37.4M | (67.6M) | (55.0M) | (4.8M) | (5.0M) |
Genco Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Genco Shipping's current stock value. Our valuation model uses many indicators to compare Genco Shipping value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Genco Shipping competition to find correlations between indicators driving Genco Shipping's intrinsic value. More Info.Genco Shipping Trading is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.65 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Genco Shipping Trading is roughly 1.54 . At this time, Genco Shipping's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Genco Shipping by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Genco Shipping Trading Systematic Risk
Genco Shipping's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Genco Shipping volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Genco Shipping Trading correlated with the market. If Beta is less than 0 Genco Shipping generally moves in the opposite direction as compared to the market. If Genco Shipping Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Genco Shipping Trading is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Genco Shipping is generally in the same direction as the market. If Beta > 1 Genco Shipping moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Genco Shipping Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Genco Shipping's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Genco Shipping growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Genco Shipping November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Genco Shipping help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Genco Shipping Trading. We use our internally-developed statistical techniques to arrive at the intrinsic value of Genco Shipping Trading based on widely used predictive technical indicators. In general, we focus on analyzing Genco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Genco Shipping's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.63 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.54 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genco Shipping Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1 | Dividend Share 1.57 | Earnings Share 1.58 | Revenue Per Share 10.221 | Quarterly Revenue Growth 0.192 |
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.