Genco Selling General Administrative vs Gross Profit 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 Selling General Administrative and its Gross Profit 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.

Selling General Administrative vs Gross Profit

Selling General Administrative vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genco Shipping Trading Selling General Administrative account and Gross Profit. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Genco Shipping's Selling General Administrative and Gross Profit is -0.17. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Gross Profit 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 Selling General Administrative and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Genco Shipping Trading are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling General Administrative i.e., Genco Shipping's Selling General Administrative and Gross Profit go up and down completely randomly.

Correlation Coefficient

-0.17

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Selling General Administrative

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Genco Shipping Trading minus its cost of goods sold. It is profit before Genco Shipping operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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:

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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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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

(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.

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Genco Selling General Administrative vs Gross Profit Analysis

Selling General Administrative vs Gross Profit

Selling General Administrative vs Gross Profit Correlation Analysis

Correlation Coefficient

Selling General Administrative

Gross Profit

Genco Shipping fundamental ratios Correlations

Genco Shipping Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Genco Shipping fundamental ratios Accounts

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

Complementary Tools for Genco Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

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