Genco Cost Of Revenue from 2010 to 2024

GNK Stock  USD 20.43  0.02  0.1%   
Genco Shipping Cost Of Revenue yearly trend continues to be quite stable with very little volatility. The value of Cost Of Revenue is projected to decrease to about 191 M. From the period between 2010 and 2024, Genco Shipping, Cost Of Revenue regression line of its data series had standard deviation of  112,364,595 and standard deviation of  112,364,595. View All Fundamentals
 
Cost Of Revenue  
First Reported
2005-03-31
Previous Quarter
86.9 M
Current Value
83.9 M
Quarterly Volatility
29.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 8.3 M or Selling General Administrative of 28.1 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0574 or PTB Ratio of 1.06. Genco financial statements analysis is a perfect complement when working with Genco Shipping Valuation or Volatility modules.
  
Check out the analysis of Genco Shipping Correlation against competitors.

Latest Genco Shipping's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Genco Shipping Trading over the last few years. Cost of Revenue is found on Genco Shipping Trading income statement and represents the costs associated with goods and services Genco Shipping provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Genco Shipping's Cost Of Revenue 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.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Genco Cost Of Revenue Regression Statistics

Arithmetic Mean225,894,294
Geometric Mean122,450,058
Coefficient Of Variation49.74
Mean Deviation86,911,553
Median260,390,000
Standard Deviation112,364,595
Sample Variance12625.8T
Range358.1M
R-Value0.64
Mean Square Error8031.1T
R-Squared0.41
Significance0.01
Slope16,075,324
Total Sum of Squares176761.2T

Genco Cost Of Revenue History

2024191 M
2023315.7 M
2022340.7 M
2021320.9 M
2020319.9 M
2019358.3 M
2018282.8 M

About Genco Shipping Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Genco Shipping income statement, its balance sheet, and the statement of cash flows. Genco Shipping investors use historical funamental indicators, such as Genco Shipping's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Genco Shipping investors may use each financial statement separately, they are all related. The changes in Genco Shipping's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Genco Shipping's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Genco Shipping Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Genco Shipping. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue315.7 M191 M

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Additional Information and Resources on Investing in Genco Stock

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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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
6.167
Dividend Share
1.13
Earnings Share
0.07
Revenue Per Share
9.498
Quarterly Revenue Growth
0.244
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.