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

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$17.14 $0.46 (2.76%) GNK stock closing price Jun 22, 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. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Genco Shipping & Trading stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The Genco Shipping & Trading balance sheet for 2018 Q1 shows total assets of $1.45B. The company has a asset turnover ratio of 0.21. Also see: Genco Shipping & Trading revenue and Genco Shipping & Trading operating cash flow for the same quarter.

View and download Genco Shipping & Trading quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash178.22M181.71M161.1M155.48M146.74M141.64M59.52M76.16M95.1M140.57M
Marketable Securities----------
Receivables13.28M12.85M10.86M6.43M9.06M10.37M8.47M8.24M8.37M10.58M
Inventory19.89M---------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets9.87M22.67M22.61M22.43M17.84M20.59M19.81M19.14M20.49M21.36M
Total Current Assets
221.28M217.23M194.58M184.35M173.65M172.6M87.81M103.55M123.96M172.52M
Property Plant & Equipment1.97M2.01M1.94M1.82M1.8M1.77M1.73M1.71M1.76M1.69M
Accumulated Depreciation1.01M1M--------
Net Property Plant & Equipment
1.2B1.27B1.28B1.32B1.34B1.36B1.38B1.4B1.49B1.51B
Investment & Advances------6.19M7.28M12.33M12.32M
Other Non-Current Assets----------
Deferred Charges12.24M13.38M14.45M15.05M14.06M12.63M16.19M16.4M18.19M28.88M
Intangibles----------
Deposits & Other Assets22.97M23.74M24.51M26.02M27.66M27.94M----
Total Assets
1.45B1.52B1.52B1.54B1.55B1.57B1.49B1.53B1.64B1.72B
Notes Payable----115.88M-----
Accounts Payable24.33M23.23M22.53M20.35M18.74M22.88M21.68M22.83M22.93M27.46M
Current Portion Long-Term Debt24.3M24.49M12.07M9.57M7.07M4.57M540.45M553.3M561.09M588.43M
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities5.1M4.72M2.63M1.64M1.51M1.48M1.49M--1.05M
Total Current Liabilities
53.75M52.44M37.23M31.57M27.33M28.94M563.63M577.12M584.94M616.95M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt477M490.89M504.89M506.04M507.23M508.44M----
Non-Current Capital Leases2.76M2.58M2.4M2.22M2.04M1.86M1.68M1.5M1.32M1.14M
Other Long-Term Liabilities----------
Total Liabilities
533.51M545.93M544.54M539.85M536.62M539.26M565.31M578.63M586.27M618.1M
Minority Interest----------
Preferred Stock-----120.78M----
Common Stock Net----------
Capital Surplus1.63B1.63B1.63B1.63B1.63B1.5B1.5B1.49B1.49B1.48B
Retained Earnings-710.14M-653.67M-656.24M-625.06M-610.54M-594.94M-569.84M-542.32M-431.67M-377.19M
Treasury Stock----------
Other Liabilities--------0.02M--0.02M
Shareholders Equity919.04M975.02M971.94M1B1.01B1.03B928.13M951.75M1.06B1.11B
Total Liabilities & Shareholders Equity1.45B1.52B1.52B1.54B1.55B1.57B1.49B1.53B1.64B1.72B
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 monetary significance. GNK assets decreased from $1.52B in 2017 Q4 to $1.45B in 2018 Q1. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • 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 $533.51M. 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

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

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