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

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$16.68 $0.51 (2.97%) GNK stock closing price Jun 21, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Genco Shipping & Trading, and helps in stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Genco Shipping & Trading stock analysis, and provides insights into the firm's financial performance. Annual results are typically accompanied with the company releasing financial statements. Apart from analyzing Genco Shipping & Trading revenue Genco Shipping & Trading operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Genco Shipping & Trading balance sheet for 2017 shows cash on hand of $181.71M. The company has a debt to equity ratio of 0.55.

View latest 10 year balance sheet data to check Genco Shipping & Trading financial performance.
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Quarterly
Annual
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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.
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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: An asset is a resource that a corporation like Genco Shipping & Trading owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for GNK stock as of 2017 is $1.52B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Genco Shipping & Trading is $545.93M. Shareholders' equity comes under liabilities as it is money the company owes the holders of GNK stock.

Genco Shipping & Trading Balance Sheet - Key Ratios

Current ratio
4.12
Debt to equity ratio
0.55
Asset turnover ratio
0.21
Receivables turnover
23.66
Price to book ratio
0.61

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

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