Genco Shipping & Trading Ltd financial data

Symbol
GNK on NYSE
Industry
Deep Sea Foreign Transportation of Freight
Location
299 Park Avenue, 12 Th Floor, New York, NY
State of incorporation
Marshall Islands
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 370 % +17.6%
Quick Ratio 73.6 % +12.2%
Debt-to-equity 20.2 % -4.44%
Return On Equity 1.66 % -81%
Return On Assets 1.38 % -80.8%
Operating Margin 5.93 % -71.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 42.8M shares +0.54%
Common Stock, Shares, Outstanding 42.8M shares +0.54%
Entity Public Float 588M USD -18.2%
Common Stock, Value, Issued 427K USD +0.47%
Weighted Average Number of Shares Outstanding, Basic 43.1M shares +0.67%
Weighted Average Number of Shares Outstanding, Diluted 43.7M shares +1.23%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 423M USD -5.48%
Revenue from Contract with Customer, Excluding Assessed Tax 384M USD +30.7%
General and Administrative Expense 27.6M USD -1.42%
Costs and Expenses 398M USD +12.4%
Operating Income (Loss) 25.1M USD -73.1%
Nonoperating Income (Expense) -9.41M USD -2.91%
Net Income (Loss) Attributable to Parent 15.2M USD -81.8%
Earnings Per Share, Basic 0.35 USD/shares -82.1%
Earnings Per Share, Diluted 0.34 USD/shares -82.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 42M USD -12.3%
Accounts Receivable, after Allowance for Credit Loss, Current 29.7M USD +50.7%
Inventory, Net 24.4M USD +6.29%
Other Assets, Current 671K USD -35.6%
Assets, Current 136M USD +22.8%
Property, Plant and Equipment, Net 7.13M USD -12.3%
Operating Lease, Right-of-Use Asset 1.89M USD -43.7%
Assets 1.06B USD -6.82%
Accounts Payable, Current 11.5M USD +30%
Contract with Customer, Liability, Current 7.57M USD -4.73%
Liabilities, Current 37.9M USD +29.6%
Operating Lease, Liability, Noncurrent 608K USD -79.5%
Liabilities 135M USD -25.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax 527K USD -91.9%
Retained Earnings (Accumulated Deficit) -599M USD +2.48%
Stockholders' Equity Attributable to Parent 922M USD -3.37%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 923M USD -3.31%
Liabilities and Equity 1.06B USD -6.82%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 32.3M USD +64.8%
Net Cash Provided by (Used in) Financing Activities -47.9M USD -57.6%
Net Cash Provided by (Used in) Investing Activities 17.5M USD
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 42.8M shares +0.54%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.82M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 42.3M USD -21.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 4M USD +20.1%
Operating Lease, Liability 4.1M USD -34%
Payments to Acquire Property, Plant, and Equipment 240K USD -77.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 11.3M USD -86.2%
Lessee, Operating Lease, Liability, to be Paid 4.29M USD -35.7%
Property, Plant and Equipment, Gross 15.1M USD +2.19%
Operating Lease, Liability, Current 2.36M USD +5.28%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.84M USD -25%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.45M USD +3.15%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 196K USD -58%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.84M USD -25%
Operating Lease, Payments 613K USD +10.1%
Depreciation, Depletion and Amortization 68M USD +5.76%
Interest Expense 10.8M USD +21.5%