Genco Financial Statements From 2010 to 2024

GNK Stock  USD 20.26  0.13  0.64%   
Genco Shipping financial statements provide useful quarterly and yearly information to potential Genco Shipping Trading investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Genco Shipping financial statements helps investors assess Genco Shipping's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Genco Shipping's valuation are summarized below:
Gross Profit
256.4 M
Profit Margin
(0.03)
Market Capitalization
871.3 M
Enterprise Value Revenue
2.6727
Revenue
383.8 M
There are currently one hundred twenty fundamental trends for Genco Shipping Trading that can be evaluated and compared over time across competitors. We recommend to confirm Genco Shipping's regular fundamental drivers against the all of the trends between 2010 and 2024. Enterprise Value is expected to rise to about 1 B this year, although the value of Market Cap will most likely fall to about 465.7 M.

Genco Shipping Total Revenue

320.34 Million

Check Genco Shipping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genco 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 exotic indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0734 or PTB Ratio of 1.06. Genco financial statements analysis is a perfect complement when working with Genco Shipping Valuation or Volatility modules.
  
This module can also supplement Genco Shipping's financial leverage analysis and stock options assessment as well as various Genco Shipping Technical models . Check out the analysis of Genco Shipping Correlation against competitors.

Genco Shipping Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.4 B1.1 B1.7 B
Slightly volatile
Short and Long Term Debt Total184.6 M194.3 M618.6 M
Slightly volatile
Other Current Liabilities16.5 M13.6 M17.9 M
Pretty Stable
Total Current Liabilities33.5 M35.3 M200.4 M
Slightly volatile
Total Stockholder Equity937.7 M913.3 M926.9 M
Pretty Stable
Other Liabilities6.2 M6.5 M7.6 M
Pretty Stable
Property Plant And Equipment Net1.2 B954.8 M1.4 B
Slightly volatile
Net Debt140.3 M147.7 M505 M
Slightly volatile
Accounts Payable14.1 M10.7 M15 M
Slightly volatile
Cash44.2 M46.5 M113.6 M
Pretty Stable
Non Current Assets Total1.2 B986.6 M1.5 B
Slightly volatile
Non Currrent Assets Other32.6 M31.4 M33.5 M
Slightly volatile
Other Assets36 M37.9 M98.3 M
Pretty Stable
Cash And Short Term Investments44.2 M46.5 M113.6 M
Pretty Stable
Net Receivables12.6 M19.2 M15 M
Slightly volatile
Common Stock Total Equity407.2 K486.4 K409 K
Pretty Stable
Common Stock Shares Outstanding44.9 M42.8 M24.2 M
Slightly volatile
Liabilities And Stockholders Equity1.4 B1.1 B1.7 B
Slightly volatile
Non Current Liabilities Total182.4 M192 M454.8 M
Slightly volatile
Inventory14.4 M26.9 M16.3 M
Slightly volatile
Other Current Assets65.8 M62.7 M14.4 M
Slightly volatile
Other Stockholder Equity1.2 B1.6 B1.4 B
Slightly volatile
Total Liabilities215.9 M227.3 M812.9 M
Slightly volatile
Property Plant And Equipment Gross1.7 B1.3 B1.5 B
Slightly volatile
Total Current Assets191.6 M155.3 M174.5 M
Slightly volatile
Short Term Debt2.2 M2.3 M168.1 M
Slightly volatile
Common Stock410.2 K425 K405.1 K
Pretty Stable
Property Plant Equipment7.3 M7.7 M828.4 M
Slightly volatile
Current Deferred Revenue6.2 M8.7 M4.8 M
Slightly volatile
Net Tangible Assets785.1 M870.7 M959.1 M
Slightly volatile
Long Term Debt Total141 M148.4 M366.9 M
Slightly volatile
Capital Surpluse1.6 B1.8 B1.4 B
Slightly volatile
Long Term Investments361.7 K380.7 K22.3 M
Slightly volatile
Non Current Liabilities Other6.9 M4.7 M6.6 M
Slightly volatile
Deferred Long Term Asset Charges13.5 M15.2 M16.6 M
Slightly volatile
Short and Long Term Debt98.2 M72.6 M88.6 M
Very volatile
Capital Lease Obligations6.5 M4.1 M4.4 M
Slightly volatile
Cash And Equivalents49.7 M52.3 M125.4 M
Slightly volatile
Net Invested CapitalB1.1 B1.4 B
Slightly volatile
Net Working Capital103.6 M122 M144.2 M
Slightly volatile
Capital Stock461.6 K425 K420.5 K
Slightly volatile

Genco Shipping Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization82.9 M67.9 M82.1 M
Slightly volatile
Selling General Administrative28.1 M28.3 M29.5 M
Very volatile
Total Revenue320.3 M383.8 M298.4 M
Slightly volatile
Other Operating Expenses251.6 M349.2 M274.8 M
Slightly volatile
Cost Of Revenue191 M315.7 M225.9 M
Slightly volatile
Total Operating Expenses44.1 M33.5 M47.8 M
Slightly volatile
Interest Income2.4 M2.5 M16.1 M
Slightly volatile
Reconciled Depreciation53.3 M67.2 M68.2 M
Slightly volatile
Selling And Marketing Expenses4.2 M4.7 M5.1 M
Slightly volatile

Genco Shipping Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation83.1 M67.9 M82.4 M
Slightly volatile
Capital Expenditures156.2 M94 M82.5 M
Very volatile
End Period Cash Flow44.2 M46.5 M119.6 M
Very volatile
Stock Based Compensation8.5 M5.5 M8.8 M
Pretty Stable
Change To Netincome2.8 M2.9 M91.7 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.761.848516.31
Slightly volatile
Dividend Yield0.07340.05770.0465
Slightly volatile
PTB Ratio1.060.77690.8111
Pretty Stable
Days Sales Outstanding22.8318.274528.0043
Slightly volatile
Book Value Per Share20.2921.3546101
Slightly volatile
Invested Capital0.20.21070.7155
Slightly volatile
Stock Based Compensation To Revenue0.01370.01440.044
Pretty Stable
PB Ratio1.060.77690.8111
Pretty Stable
EV To Sales2.122.233322.4592
Slightly volatile
Inventory Turnover10.7311.734313.8916
Very volatile
Days Of Inventory On Hand29.5531.105459.829
Pretty Stable
Payables Turnover31.1229.639822.1427
Very volatile
Sales General And Administrative To Revenue0.0880.07360.1256
Slightly volatile
Cash Per Share1.031.088312.6237
Slightly volatile
Days Payables Outstanding11.712.314555.9684
Pretty Stable
Current Ratio3.544.40212.6784
Slightly volatile
Tangible Book Value Per Share20.3221.3871114
Slightly volatile
Receivables Turnover18.9719.973218.271
Slightly volatile
Graham Number11.4212.0247153
Slightly volatile
Shareholders Equity Per Share20.2921.3546101
Slightly volatile
Debt To Equity0.20.21070.7155
Slightly volatile
Revenue Per Share8.538.974924.8771
Slightly volatile
Interest Debt Per Share4.474.7057111
Slightly volatile
Debt To Assets0.160.16850.3466
Slightly volatile
Operating Cycle76.3249.379985.0183
Pretty Stable
Price Book Value Ratio1.060.77690.8111
Pretty Stable
Days Of Payables Outstanding11.712.314555.9684
Pretty Stable
Company Equity Multiplier2.21.25041.885
Slightly volatile
Long Term Debt To Capitalization0.160.17230.2978
Slightly volatile
Total Debt To Capitalization0.170.17410.368
Slightly volatile
Debt Equity Ratio0.20.21070.7155
Slightly volatile
Quick Ratio2.91.86362.0359
Slightly volatile
Net Income Per E B T0.821.04161.0802
Pretty Stable
Cash Ratio2.541.3191.7529
Pretty Stable
Days Of Inventory Outstanding29.5531.105459.829
Pretty Stable
Days Of Sales Outstanding22.8318.274528.0043
Slightly volatile
Price To Book Ratio1.060.77690.8111
Pretty Stable
Fixed Asset Turnover0.420.4020.2456
Slightly volatile
Debt Ratio0.160.16850.3466
Slightly volatile
Price Sales Ratio1.761.848516.31
Slightly volatile
Asset Turnover0.350.33610.2068
Slightly volatile
Price Fair Value1.060.77690.8111
Pretty Stable

Genco Shipping Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap465.7 M709.5 M354.3 M
Slightly volatile
Enterprise ValueB857.2 M825.2 M
Pretty Stable

Genco Fundamental Market Drivers

Forward Price Earnings8.9767
Cash And Short Term Investments46.5 M

Genco Upcoming Events

28th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
28th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

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 revenue or net income, 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
Current Deferred Revenue8.7 M6.2 M
Total Revenue383.8 M320.3 M
Cost Of Revenue315.7 M191 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.07  0.09 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.24)(0.26)
Revenue Per Share 8.97  8.53 
Ebit Per Revenue 0.09  0.1 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genco Shipping in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genco Shipping's short interest history, or implied volatility extrapolated from Genco Shipping options trading.

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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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
(0.83)
Dividend Share
0.86
Earnings Share
(0.30)
Revenue Per Share
8.975
Quarterly Revenue Growth
(0.09)
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.