Genco Shipping & Trading Balance Sheet - Annual (NYSE:GNK)

Add to My Stocks
$13.7 $0.09 (0.66%) GNK stock closing price Sep 25, 2018 (Closing)

The financial analysis of a company like Genco Shipping & Trading involves checking the three financial statements of the company in detail, of which the balance sheet is one. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Genco Shipping & Trading stock analysis. A company releases its balance sheet every year along with its annual results. The balance sheet shows total liabilities of $545.93M and shareholders equity of $975.02M. Genco Shipping & Trading revenue and Genco Shipping & Trading operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Genco Shipping & Trading financial performance.
show more
Quarterly
Annual
View Previous Years
View Next Years
Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash181.71M141.64M140.57M93.16M132.57M72.6M227.96M270.87M205.76M124.95M
Marketable Securities----------
Receivables12.85M10.37M10.58M14.73M14.24M11.71M13.68M8.79M2.11M2.29M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets22.67M20.59M21.36M22.42M19.06M18.14M17.7M14.01M10.18M13.49M
Total Current Assets
217.23M172.6M172.52M130.32M165.87M102.46M259.36M293.68M218.06M140.74M
Property Plant & Equipment2.01M1.77M1.69M-8.54M8.56M8.01M4.35M4.01M2.85M
Accumulated Depreciation1M---3.43M3.31M2.42M2.04M1.55M1.14M
Net Property Plant & Equipment
1.27B1.36B1.51B1.53B2.68B2.67B2.8B2.79B2.03B1.73B
Investment & Advances--12.32M26.48M77.57M20.98M24.46M54.71M72.18M16.77M
Other Non-Current Assets----------
Deferred Charges13.38M12.63M28.88M16.5M33.08M12.03M6.93M8.53M10.15M8.97M
Intangibles----------
Deposits & Other Assets23.74M27.94M-46.05M1.82M40.22M28.05M39.65M10.43M95.52M
Total Assets
1.52B1.57B1.72B1.75B2.96B2.84B3.12B3.18B2.34B1.99B
Notes Payable----115.88M-----
Accounts Payable23.23M22.88M27.46M28.21M27.35M23.66M30.71M31.79M18.6M17.34M
Current Portion Long-Term Debt24.49M4.57M588.43M34.32M1.32B-185.07M71.84M50M-
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities4.72M1.48M1.05M1.39M21.77M1.33M5.91M14.39M10.4M12.84M
Total Current Liabilities
52.44M28.94M616.95M63.93M1.48B25.68M221.7M118.02M79.01M30.19M
Mortgages----------
Deferred Taxes/Income------1.82M1.04M3.11M3M
Convertible Debt-----110.91M106.38M102.3M--
Long-Term Debt490.89M508.44M-395.81M163.62M1.41B1.4B1.57B1.28B1.17B
Non-Current Capital Leases2.58M1.86M1.14M-3.11M2.46M----
Other Long-Term Liabilities-----29.66M24.81M41.07M48.75M87.03M
Total Liabilities
545.93M539.26M618.1M460.13M1.65B1.58B1.76B1.83B1.41B1.29B
Minority Interest----------
Preferred Stock-120.78M--------
Common Stock Net----------
Capital Surplus1.63B1.5B1.48B1.25B846.65M863.3M809.44M803.77M722.19M717.97M
Retained Earnings-653.67M-594.94M-377.19M-204.11M66.64M214.39M359.34M334.02M192.82M44.19M
Treasury Stock----------
Other Liabilities---0.02M245.07M395.05M183.07M192.46M209.99M13.58M-66.01M
Shareholders Equity975.02M1.03B1.11B1.29B1.31B1.26B1.36B1.35B928.92M696.47M
Total Liabilities & Shareholders Equity1.52B1.57B1.72B1.75B2.96B2.84B3.12B3.18B2.34B1.99B
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years

Most investors just check the Genco Shipping & Trading stock price, and Genco Shipping & Trading historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Genco Shipping & Trading PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the Genco Shipping & Trading company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Genco Shipping & Trading had total assets of $1.52B.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Genco Shipping & Trading's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for GNK stock stand at $545.93M.

Genco Shipping & Trading Balance Sheet - Key Ratios

Current ratio
4.14
Debt to equity ratio
0.44
Asset turnover ratio
0.23
Receivables turnover
25
Price to book ratio
0.5

Annual Balance Sheets For Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) Peers

Gener8 Maritime balance sheet, INTL SEAWAYS balance sheet, Raytheon balance sheet, Scorpio Bulkers balance sheet, support.com balance sheet