Genco Long Term Debt vs Total Assets Analysis

GNK Stock

USD 22.13 0.65 2.85%

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 Long Term Debt and its Total Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genco Shipping Trading Long Term Debt account and Total Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Genco Shipping's Long Term Debt and Total Assets is 0.68. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets 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 Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Genco Shipping Trading are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Genco Shipping's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Genco Shipping Trading has held for over one year. Long-term debt appears on Genco Shipping Trading balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Genco Shipping Trading balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Assets

Total assets refers to the total amount of Genco Shipping assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Genco Shipping Trading books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 tightly coupled 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 Expenses	30.1M	29.0M	33.5M	44.1M
Cost Of Revenue	320.9M	340.7M	315.7M	191.0M

Total Operating Expenses Cost Of Revenue

Genco Shipping fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.94	0.8	0.51	0.67	0.62	1.0	0.93	0.62	-0.2	0.5	1.0	0.09	-0.15	0.68	0.5	0.19	0.26	-0.45	0.68	-0.16	-0.29	-0.15	0.83	0.97	0.34
Short Long Term Debt Total	0.94		0.72	0.54	0.42	0.66	0.95	0.99	0.74	-0.31	0.46	0.95	0.23	-0.08	0.72	0.46	-0.03	0.08	-0.58	0.72	-0.31	-0.43	-0.36	0.87	0.89	0.2
Other Current Liab	0.8	0.72		0.77	0.58	0.22	0.8	0.7	0.36	0.06	0.4	0.8	-0.23	-0.22	0.21	0.4	0.27	0.31	-0.24	0.21	0.02	-0.19	-0.04	0.52	0.8	0.33
Total Current Liabilities	0.51	0.54	0.77		0.16	-0.15	0.51	0.55	0.35	-0.21	0.16	0.52	-0.05	-0.07	-0.2	0.16	0.0	0.28	-0.38	-0.2	-0.2	-0.24	-0.23	0.42	0.47	0.06
Total Stockholder Equity	0.67	0.42	0.58	0.16		0.29	0.65	0.37	-0.02	0.22	0.54	0.63	-0.31	-0.21	0.37	0.54	0.64	0.48	0.08	0.37	0.34	0.03	0.54	0.42	0.68	0.61
Other Liab	0.62	0.66	0.22	-0.15	0.29		0.63	0.68	0.54	-0.18	0.17	0.63	0.29	0.0	0.9	0.17	0.05	0.0	-0.21	0.9	-0.09	-0.14	-0.3	0.69	0.65	0.07
Property Plant And Equipment Net	1.0	0.95	0.8	0.51	0.65	0.63		0.94	0.66	-0.23	0.45	1.0	0.11	-0.19	0.69	0.45	0.17	0.25	-0.49	0.69	-0.2	-0.3	-0.2	0.85	0.98	0.27
Net Debt	0.93	0.99	0.7	0.55	0.37	0.68	0.94		0.78	-0.36	0.36	0.94	0.28	-0.1	0.7	0.36	-0.06	0.09	-0.61	0.7	-0.36	-0.4	-0.43	0.88	0.89	0.11
Retained Earnings	0.62	0.74	0.36	0.35	-0.02	0.54	0.66	0.78		-0.61	-0.04	0.66	0.36	-0.35	0.56	-0.04	-0.33	-0.01	-0.84	0.56	-0.71	-0.39	-0.82	0.69	0.6	-0.37
Accounts Payable	-0.2	-0.31	0.06	-0.21	0.22	-0.18	-0.23	-0.36	-0.61		0.36	-0.24	-0.73	-0.1	-0.16	0.36	0.37	0.11	0.67	-0.16	0.75	0.09	0.65	-0.34	-0.22	0.48
Cash	0.5	0.46	0.4	0.16	0.54	0.17	0.45	0.36	-0.04	0.36		0.43	-0.32	0.11	0.41	1.0	0.23	0.03	0.01	0.41	0.28	-0.34	0.43	0.25	0.36	0.84
Non Current Assets Total	1.0	0.95	0.8	0.52	0.63	0.63	1.0	0.94	0.66	-0.24	0.43		0.13	-0.18	0.68	0.43	0.16	0.25	-0.5	0.68	-0.21	-0.3	-0.21	0.85	0.98	0.26
Non Currrent Assets Other	0.09	0.23	-0.23	-0.05	-0.31	0.29	0.11	0.28	0.36	-0.73	-0.32	0.13		0.47	0.29	-0.32	-0.53	-0.23	-0.44	0.29	-0.63	-0.12	-0.48	0.29	0.07	-0.41
Other Assets	-0.15	-0.08	-0.22	-0.07	-0.21	0.0	-0.19	-0.1	-0.35	-0.1	0.11	-0.18	0.47		-0.04	0.11	-0.11	0.01	0.23	-0.03	0.14	-0.05	0.17	-0.11	-0.22	0.27
Long Term Debt	0.68	0.72	0.21	-0.2	0.37	0.9	0.69	0.7	0.56	-0.16	0.41	0.68	0.29	-0.04		0.41	-0.02	-0.13	-0.35	1.0	-0.17	-0.29	-0.22	0.66	0.65	0.2
Cash And Short Term Investments	0.5	0.46	0.4	0.16	0.54	0.17	0.45	0.36	-0.04	0.36	1.0	0.43	-0.32	0.11	0.41		0.23	0.03	0.01	0.41	0.28	-0.34	0.43	0.25	0.36	0.84
Net Receivables	0.19	-0.03	0.27	0.0	0.64	0.05	0.17	-0.06	-0.33	0.37	0.23	0.16	-0.53	-0.11	-0.02	0.23		0.45	0.5	-0.02	0.72	0.13	0.62	-0.07	0.26	0.41
Common Stock Total Equity	0.26	0.08	0.31	0.28	0.48	0.0	0.25	0.09	-0.01	0.11	0.03	0.25	-0.23	0.01	-0.13	0.03	0.45		0.09	-0.13	0.26	0.11	0.23	0.29	0.28	0.18
Common Stock Shares Outstanding	-0.45	-0.58	-0.24	-0.38	0.08	-0.21	-0.49	-0.61	-0.84	0.67	0.01	-0.5	-0.44	0.23	-0.35	0.01	0.5	0.09		-0.35	0.85	0.59	0.68	-0.6	-0.36	0.42
Non Current Liabilities Total	0.68	0.72	0.21	-0.2	0.37	0.9	0.69	0.7	0.56	-0.16	0.41	0.68	0.29	-0.03	1.0	0.41	-0.02	-0.13	-0.35		-0.17	-0.29	-0.22	0.66	0.65	0.2
Inventory	-0.16	-0.31	0.02	-0.2	0.34	-0.09	-0.2	-0.36	-0.71	0.75	0.28	-0.21	-0.63	0.14	-0.17	0.28	0.72	0.26	0.85	-0.17		0.35	0.78	-0.35	-0.13	0.57
Other Current Assets	-0.29	-0.43	-0.19	-0.24	0.03	-0.14	-0.3	-0.4	-0.39	0.09	-0.34	-0.3	-0.12	-0.05	-0.29	-0.34	0.13	0.11	0.59	-0.29	0.35		0.22	-0.41	-0.14	0.12
Other Stockholder Equity	-0.15	-0.36	-0.04	-0.23	0.54	-0.3	-0.2	-0.43	-0.82	0.65	0.43	-0.21	-0.48	0.17	-0.22	0.43	0.62	0.23	0.68	-0.22	0.78	0.22		-0.32	-0.17	0.66
Total Liab	0.83	0.87	0.52	0.42	0.42	0.69	0.85	0.88	0.69	-0.34	0.25	0.85	0.29	-0.11	0.66	0.25	-0.07	0.29	-0.6	0.66	-0.35	-0.41	-0.32		0.79	0.02
Property Plant And Equipment Gross	0.97	0.89	0.8	0.47	0.68	0.65	0.98	0.89	0.6	-0.22	0.36	0.98	0.07	-0.22	0.65	0.36	0.26	0.28	-0.36	0.65	-0.13	-0.14	-0.17	0.79		0.28
Total Current Assets	0.34	0.2	0.33	0.06	0.61	0.07	0.27	0.11	-0.37	0.48	0.84	0.26	-0.41	0.27	0.2	0.84	0.41	0.18	0.42	0.2	0.57	0.12	0.66	0.02	0.28

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Genco Shipping Account Relationship Matchups

Genco Shipping fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.2B	1.2B	1.2B	1.1B	1.4B
Short Long Term Debt Total	494.2M	449.4M	246.3M	171.1M	194.3M	184.6M
Other Current Liab	23.6M	10.9M	20.6M	13.3M	13.6M	16.5M
Total Current Liabilities	127.7M	113.6M	41.9M	36.5M	35.3M	33.5M
Total Stockholder Equity	978.4M	745.0M	916.6M	967.4M	913.3M	937.7M
Property Plant And Equipment Net	1.3B	932.4M	1.0B	1.0B	954.8M	1.2B
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	30.0M	16.2M	10.7M	14.1M
Cash	155.9M	143.9M	114.6M	58.1M	46.5M	44.2M
Non Current Assets Total	1.3B	985.6M	1.0B	1.0B	986.6M	1.2B
Non Currrent Assets Other	17.3M	52.9M	15.4M	32.3M	31.4M	32.6M
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
Cash And Short Term Investments	155.9M	143.9M	114.6M	58.1M	46.5M	44.2M
Net Receivables	13.7M	13.0M	20.1M	25.3M	19.2M	12.6M
Common Stock Total Equity	417K	418K	419K	423K	486.5K	407.2K
Common Stock Shares Outstanding	41.8M	41.9M	42.6M	42.9M	42.8M	44.9M
Liabilities And Stockholders Equity	1.5B	1.2B	1.2B	1.2B	1.1B	1.4B
Non Current Liabilities Total	422.8M	374.2M	244.4M	169.0M	192.0M	182.4M
Inventory	27.2M	21.6M	24.6M	21.6M	26.9M	14.4M
Other Current Assets	10.0M	10.9M	9.9M	8.4M	62.7M	65.8M
Other Stockholder Equity	1.7B	1.7B	1.7B	1.6B	1.6B	1.2B
Total Liab	550.5M	487.8M	286.3M	205.6M	227.3M	215.9M
Property Plant And Equipment Gross	1.3B	970.6M	1.3B	1.3B	1.3B	1.7B
Total Current Assets	223.2M	247.2M	174.8M	125.4M	155.3M	191.6M
Short Term Debt	71.4M	82.4M	1.9M	2.1M	2.3M	2.2M
Common Stock	417K	418K	419K	423K	425K	410.2K
Property Plant Equipment	1.3B	6.4M	7.2M	8.6M	7.7M	7.3M
Current Deferred Revenue	6.6M	8.4M	10.1M	5.0M	8.7M	6.2M
Net Tangible Assets	978.4M	745.0M	916.6M	967.4M	870.7M	785.1M
Retained Earnings Total Equity	(743.3M)	(968.8M)	(786.8M)	(628.2M)	(565.4M)	(593.7M)
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
Deferred Long Term Liab	17.3M	14.7M	32.8M	32.3M	37.1M	38.9M

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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:

How To Invest In Genco

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Is Genco Stock a good investment?

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What is Genco Shipping's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running Genco Shipping's price analysis, check to measure Genco Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genco Shipping is operating at the current time. Most of Genco Shipping's value examination focuses on studying past and present price action to predict the probability of Genco Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genco Shipping's price. Additionally, you may evaluate how the addition of Genco Shipping to your portfolios can decrease your overall portfolio volatility.

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Is Genco Shipping's industry 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.

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Genco Long Term Debt vs Total Assets Analysis

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Total Assets

Genco Shipping fundamental ratios Correlations

Genco Shipping Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Genco Shipping fundamental ratios Accounts

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Complementary Tools for Genco Stock analysis

COMMON DESTINATIONS

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COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 1.0	Long Term Debt
Net Debt	+ 0.99	Short Long Term Debt Total

Common Stock Shares Outstanding	- 0.84	Retained Earnings
Other Stockholder Equity	- 0.82	Retained Earnings
Non Currrent Assets Other	- 0.73	Accounts Payable
Inventory	- 0.71	Retained Earnings
Inventory	- 0.63	Non Currrent Assets Other
Accounts Payable	- 0.61	Retained Earnings