Genco Common Stock Total Equity vs Other Liab Analysis

GNK Stock  USD 16.86  0.13  0.78%   
Genco Shipping financial indicator trend analysis is much more than just examining Genco Shipping Trading latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genco Shipping Trading is a good investment. Please check the relationship between Genco Shipping Common Stock Total Equity and its Other Liab accounts. 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.

Common Stock Total Equity vs Other Liab

Common Stock Total Equity vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genco Shipping Trading Common Stock Total Equity account and Other Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Genco Shipping's Common Stock Total Equity and Other Liab is 0.0. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Other Liab in the same time period over historical financial statements of Genco Shipping Trading, assuming nothing else is changed. The correlation between historical values of Genco Shipping's Common Stock Total Equity and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Genco Shipping Trading are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Common Stock Total Equity i.e., Genco Shipping's Common Stock Total Equity and Other Liab go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Other Liab

Most indicators from Genco Shipping's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genco Shipping Trading current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.
At this time, Genco Shipping's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 1 B this year, although the value of Selling General Administrative will most likely fall to about 28.1 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses30.1M29.0M74.0M45.7M
Cost Of Revenue320.9M340.7M315.7M191.0M

Genco Shipping fundamental ratios Correlations

0.940.830.510.670.621.00.930.62-0.130.51.00.09-0.150.680.50.180.26-0.450.68-0.16-0.37-0.150.830.970.34
0.940.760.540.420.660.950.990.74-0.230.460.950.23-0.080.720.46-0.040.08-0.580.72-0.31-0.45-0.360.870.890.2
0.830.760.760.560.210.820.740.440.040.430.83-0.2-0.280.260.430.140.27-0.350.26-0.08-0.4-0.10.570.810.31
0.510.540.760.16-0.150.510.550.35-0.170.160.52-0.04-0.07-0.20.16-0.010.28-0.38-0.2-0.2-0.26-0.230.420.470.06
0.670.420.560.160.290.650.37-0.020.240.540.63-0.31-0.210.370.540.620.480.080.370.34-0.080.540.420.680.61
0.620.660.21-0.150.290.630.680.54-0.180.170.630.290.00.90.170.050.0-0.210.9-0.09-0.13-0.30.690.650.07
1.00.950.820.510.650.630.940.66-0.170.451.00.12-0.190.690.450.160.25-0.490.69-0.2-0.39-0.20.850.980.27
0.930.990.740.550.370.680.940.78-0.290.360.940.28-0.10.70.36-0.070.09-0.610.7-0.36-0.44-0.430.880.890.1
0.620.740.440.35-0.020.540.660.78-0.53-0.040.660.36-0.350.56-0.04-0.33-0.01-0.840.56-0.71-0.58-0.820.690.6-0.38
-0.13-0.230.04-0.170.24-0.18-0.17-0.29-0.530.38-0.18-0.58-0.07-0.110.380.280.10.58-0.120.680.070.6-0.28-0.190.5
0.50.460.430.160.540.170.450.36-0.040.380.43-0.310.110.411.00.210.030.010.410.28-0.240.430.250.360.84
1.00.950.830.520.630.631.00.940.66-0.180.430.13-0.180.680.430.150.25-0.50.68-0.21-0.39-0.210.850.980.26
0.090.23-0.2-0.04-0.310.290.120.280.36-0.58-0.310.130.480.3-0.31-0.52-0.23-0.450.3-0.640.11-0.490.30.07-0.4
-0.15-0.08-0.28-0.07-0.210.0-0.19-0.1-0.35-0.070.11-0.180.48-0.040.11-0.110.010.23-0.030.140.530.17-0.11-0.220.27
0.680.720.26-0.20.370.90.690.70.56-0.110.410.680.3-0.040.41-0.03-0.13-0.351.0-0.17-0.3-0.220.660.650.19
0.50.460.430.160.540.170.450.36-0.040.381.00.43-0.310.110.410.210.030.010.410.28-0.240.430.250.360.84
0.18-0.040.14-0.010.620.050.16-0.07-0.330.280.210.15-0.52-0.11-0.030.210.440.51-0.030.710.120.61-0.080.250.39
0.260.080.270.280.480.00.250.09-0.010.10.030.25-0.230.01-0.130.030.440.09-0.130.260.110.230.290.280.18
-0.45-0.58-0.35-0.380.08-0.21-0.49-0.61-0.840.580.01-0.5-0.450.23-0.350.010.510.09-0.350.850.70.68-0.6-0.360.42
0.680.720.26-0.20.370.90.690.70.56-0.120.410.680.3-0.031.00.41-0.03-0.13-0.35-0.17-0.3-0.220.660.650.19
-0.16-0.31-0.08-0.20.34-0.09-0.2-0.36-0.710.680.28-0.21-0.640.14-0.170.280.710.260.85-0.170.420.78-0.35-0.130.58
-0.37-0.45-0.4-0.26-0.08-0.13-0.39-0.44-0.580.07-0.24-0.390.110.53-0.3-0.240.120.110.7-0.30.420.32-0.45-0.260.26
-0.15-0.36-0.1-0.230.54-0.3-0.2-0.43-0.820.60.43-0.21-0.490.17-0.220.430.610.230.68-0.220.780.32-0.32-0.170.66
0.830.870.570.420.420.690.850.880.69-0.280.250.850.3-0.110.660.25-0.080.29-0.60.66-0.35-0.45-0.320.790.02
0.970.890.810.470.680.650.980.890.6-0.190.360.980.07-0.220.650.360.250.28-0.360.65-0.13-0.26-0.170.790.27
0.340.20.310.060.610.070.270.1-0.380.50.840.26-0.40.270.190.840.390.180.420.190.580.260.660.020.27
Click cells to compare fundamentals

Genco Shipping Account Relationship Matchups

Genco Shipping fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.2B1.2B1.2B1.1B1.4B
Short Long Term Debt Total494.2M449.4M246.3M171.1M194.3M184.6M
Other Current Liab23.6M7.4M16.8M9.1M9.0M15.6M
Total Current Liabilities127.7M113.6M41.9M36.5M35.3M33.5M
Total Stockholder Equity978.4M745.0M916.6M967.4M913.3M937.7M
Property Plant And Equipment Net1.3B932.4M1.0B1.0B954.8M1.2B
Net Debt338.3M305.5M131.7M113.0M147.7M140.3M
Retained Earnings(743.3M)(968.8M)(786.8M)(628.2M)(641.1M)(609.1M)
Accounts Payable49.6M11.9M9.4M16.2M10.7M13.0M
Cash155.9M143.9M114.6M58.1M46.5M44.2M
Non Current Assets Total1.3B985.6M1.0B1.0B984.6M1.2B
Non Currrent Assets Other17.3M52.9M15.4M32.3M30.1M32.6M
Other Assets17.6M979.2M33.1M33.0M37.9M36.0M
Long Term Debt413.0M358.9M238.2M164.9M190.2M180.7M
Cash And Short Term Investments155.9M143.9M114.6M58.1M46.5M44.2M
Net Receivables13.7M13.0M20.1M26.5M19.2M12.6M
Common Stock Total Equity417K418K419K423K486.5K407.2K
Common Stock Shares Outstanding41.8M41.9M42.6M42.9M42.8M44.9M
Liabilities And Stockholders Equity1.5B1.2B1.2B1.2B1.1B1.4B
Non Current Liabilities Total422.8M374.2M244.4M169.0M192.0M182.4M
Inventory27.2M21.6M24.6M21.6M26.7M14.4M
Other Current Assets10.0M68.8M15.6M19.2M64.8M68.0M
Other Stockholder Equity1.7B1.7B1.7B1.6B1.6B1.2B
Total Liab550.5M487.8M286.3M205.6M227.3M215.9M
Property Plant And Equipment Gross1.3B970.6M1.3B1.3B1.3B1.7B
Total Current Assets223.2M247.2M174.8M125.4M157.3M191.7M
Short Term Debt71.4M84.2M3.7M4.2M4.6M4.4M
Common Stock417K418K419K423K425K410.2K
Property Plant Equipment1.3B6.4M7.2M8.6M7.7M7.3M
Current Deferred Revenue6.6M8.4M10.1M5.0M8.7M6.2M
Net Tangible Assets978.4M745.0M916.6M967.4M870.7M785.1M
Retained Earnings Total Equity(743.3M)(968.8M)(786.8M)(628.2M)(565.4M)(593.7M)
Long Term Debt Total413.0M358.9M238.2M164.9M148.4M141.0M
Capital Surpluse1.7B1.7B1.7B1.6B1.8B1.6B
Deferred Long Term Liab17.3M14.7M32.8M32.3M37.1M38.9M

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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 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.