Genco Net Income From Continuing Ops vs Total Revenue Analysis

GNK Stock  USD 21.42  0.13  0.60%   
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 Net Income From Continuing Ops and its Total Revenue 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.

Net Income From Continuing Ops vs Total Revenue

Net Income From Continuing Ops vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genco Shipping Trading Net Income From Continuing Ops account and Total Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Genco Shipping's Net Income From Continuing Ops and Total Revenue is 0.28. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Total Revenue 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 Net Income From Continuing Ops and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Genco Shipping Trading are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Income From Continuing Ops i.e., Genco Shipping's Net Income From Continuing Ops and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts Genco Shipping Trading generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Expenses30.1M29.0M33.5M44.1M
Cost Of Revenue320.9M340.7M315.7M191.0M

Genco Shipping fundamental ratios Correlations

0.940.80.510.670.621.00.930.62-0.20.51.00.09-0.150.680.50.190.26-0.450.68-0.16-0.29-0.150.830.970.34
0.940.720.540.420.660.950.990.74-0.310.460.950.23-0.080.720.46-0.030.08-0.580.72-0.31-0.43-0.360.870.890.2
0.80.720.770.580.220.80.70.360.060.40.8-0.23-0.220.210.40.270.31-0.240.210.02-0.19-0.040.520.80.33
0.510.540.770.16-0.150.510.550.35-0.210.160.52-0.05-0.07-0.20.160.00.28-0.38-0.2-0.2-0.24-0.230.420.470.06
0.670.420.580.160.290.650.37-0.020.220.540.63-0.31-0.210.370.540.640.480.080.370.340.030.540.420.680.61
0.620.660.22-0.150.290.630.680.54-0.180.170.630.290.00.90.170.050.0-0.210.9-0.09-0.14-0.30.690.650.07
1.00.950.80.510.650.630.940.66-0.230.451.00.11-0.190.690.450.170.25-0.490.69-0.2-0.3-0.20.850.980.27
0.930.990.70.550.370.680.940.78-0.360.360.940.28-0.10.70.36-0.060.09-0.610.7-0.36-0.4-0.430.880.890.11
0.620.740.360.35-0.020.540.660.78-0.61-0.040.660.36-0.350.56-0.04-0.33-0.01-0.840.56-0.71-0.39-0.820.690.6-0.37
-0.2-0.310.06-0.210.22-0.18-0.23-0.36-0.610.36-0.24-0.73-0.1-0.160.360.370.110.67-0.160.750.090.65-0.34-0.220.48
0.50.460.40.160.540.170.450.36-0.040.360.43-0.320.110.411.00.230.030.010.410.28-0.340.430.250.360.84
1.00.950.80.520.630.631.00.940.66-0.240.430.13-0.180.680.430.160.25-0.50.68-0.21-0.3-0.210.850.980.26
0.090.23-0.23-0.05-0.310.290.110.280.36-0.73-0.320.130.470.29-0.32-0.53-0.23-0.440.29-0.63-0.12-0.480.290.07-0.41
-0.15-0.08-0.22-0.07-0.210.0-0.19-0.1-0.35-0.10.11-0.180.47-0.040.11-0.110.010.23-0.030.14-0.050.17-0.11-0.220.27
0.680.720.21-0.20.370.90.690.70.56-0.160.410.680.29-0.040.41-0.02-0.13-0.351.0-0.17-0.29-0.220.660.650.2
0.50.460.40.160.540.170.450.36-0.040.361.00.43-0.320.110.410.230.030.010.410.28-0.340.430.250.360.84
0.19-0.030.270.00.640.050.17-0.06-0.330.370.230.16-0.53-0.11-0.020.230.450.5-0.020.720.130.62-0.070.260.41
0.260.080.310.280.480.00.250.09-0.010.110.030.25-0.230.01-0.130.030.450.09-0.130.260.110.230.290.280.18
-0.45-0.58-0.24-0.380.08-0.21-0.49-0.61-0.840.670.01-0.5-0.440.23-0.350.010.50.09-0.350.850.590.68-0.6-0.360.42
0.680.720.21-0.20.370.90.690.70.56-0.160.410.680.29-0.031.00.41-0.02-0.13-0.35-0.17-0.29-0.220.660.650.2
-0.16-0.310.02-0.20.34-0.09-0.2-0.36-0.710.750.28-0.21-0.630.14-0.170.280.720.260.85-0.170.350.78-0.35-0.130.57
-0.29-0.43-0.19-0.240.03-0.14-0.3-0.4-0.390.09-0.34-0.3-0.12-0.05-0.29-0.340.130.110.59-0.290.350.22-0.41-0.140.12
-0.15-0.36-0.04-0.230.54-0.3-0.2-0.43-0.820.650.43-0.21-0.480.17-0.220.430.620.230.68-0.220.780.22-0.32-0.170.66
0.830.870.520.420.420.690.850.880.69-0.340.250.850.29-0.110.660.25-0.070.29-0.60.66-0.35-0.41-0.320.790.02
0.970.890.80.470.680.650.980.890.6-0.220.360.980.07-0.220.650.360.260.28-0.360.65-0.13-0.14-0.170.790.28
0.340.20.330.060.610.070.270.11-0.370.480.840.26-0.410.270.20.840.410.180.420.20.570.120.660.020.28
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 Liab23.6M10.9M20.6M13.3M13.6M16.5M
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 Payable49.6M11.9M30.0M16.2M10.7M14.1M
Cash155.9M143.9M114.6M58.1M46.5M44.2M
Non Current Assets Total1.3B985.6M1.0B1.0B986.6M1.2B
Non Currrent Assets Other17.3M52.9M15.4M32.3M31.4M32.6M
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 Receivables13.7M13.0M20.1M25.3M19.2M12.6M
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
Inventory27.2M21.6M24.6M21.6M26.9M14.4M
Other Current Assets10.0M10.9M9.9M8.4M62.7M65.8M
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 Assets223.2M247.2M174.8M125.4M155.3M191.6M
Short Term Debt71.4M82.4M1.9M2.1M2.3M2.2M
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Genco Stock analysis

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.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Global Correlations
Find global opportunities by holding instruments from different markets
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
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.