Genco Shipping & Trading Cash Flow - Annual (NYSE:GNK)

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$15.35 $0.13 (0.85%) GNK stock closing price Mar 16, 2018 (Closing)

The Genco Shipping & Trading cash flow statement helps investors understand how well the company is managing its cash flows. Financials statements like the Genco Shipping & Trading income statement and Genco Shipping & Trading balance sheet show that the company has profits and debt, while the cash flow statement provides details of cash flow movments. Items like capital purchases, bank loan payments etc. which have a direct impact on the cash position of a company come out through the statemement of cash flows and help an investor who undertakes the Genco Shipping & Trading stock analysis. Genco Shipping & Trading generated $-49.98M cash from operating activities in 2016. Genco Shipping & Trading had an outflow of $-49.98M from operating activities, $55.43M inflow due to financing activities, and $6.87M inflow due to investing activities for 2016.

View details of Genco Shipping & Trading cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow99.85M124.07M310.77M158.97M154.13M150.19M121.97M74.43M59.81M
Net Increase (Decrease) in Assets Liabilities-0.61M-5.18M-25.77M-4.99M-15.08M-17.02M-6.63M-3.61M-3.58M
Cash From (used in) Discontinued Operations---------
Other Adjustments Net68.53M79.39M-916.35M-0.09M-0.1M-0.05M-0.06M-124.6M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment12.23M-67.36M-55.09M-146.55M-3.26M-132.61M-865.02M-288.71M-467.46M
Acquisition Disposition of Subsidiaires---------
Increase (Decrease) in Investments10.48M--------3.28M
Other Cash Inflow (Outflow) from Investment Activities-15.85M9.88M-19.54M--0.4M-0.75M-5.2M-17.5M-43.53M
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares125M-100M136.98M50.72M-269.7M-183.9M
Issuance (Repayment) of Debt Securities-64.85M158.3M5.98M66.62M-174.57M-55.92M441.93M153.7M237.3M
Increase (Decrease) in Bank & Other Borrowings---------
Payment of Dividends & Other Cash Distributions---3.07M-1.58M-4.08M-7.6M-5.36M--117.1M
Other Cash from (used by) Financing Activities-4.7M-7.78M-7.43M-2.19M-4.93M-4.19M-16.11M-3.9M-3.75M
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash---------
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year121.07M83.41M122.72M72.6M227.96M270.87M188.26M124.95M71.49M
Cash & Equivalents at Year End133.4M121.07M83.41M122.72M72.6M227.96M270.87M188.26M124.95M
All figures in USD. M: Millions of USD, B: Billions of USD.
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While Genco Shipping & Trading stock price history provides the price history of a stock, Genco Shipping & Trading stock comparison chart shows the same in comparison to peers, and cash flow statements provide cash position of the company. Common terms used in the statement of cash flows are:

  • Genco Shipping & Trading has cash of $133.4M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Genco Shipping & Trading stock price.
  • Cash Flow from operating activities: Genco Shipping & Trading reported a negative operating cash flow of $-49.98M for 2016 and has seen an increase from the previous year. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $6.87M for GNK in last 2016 report.
  • Cash Flow from financing activities: Financing activities include the cash that comes into a company in the form of loans or interest earned or shareholders money, as well as the cash that goes out. Genco Shipping & Trading earned $55.43M from financing activities, in the form of repayment of loans or interest paid, dividend pay-out to shareholders etc.

Key Financial Ratios For Genco Shipping & Trading Cash Flow

FCF margin

Annual Cash Flow Statements For Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) Peers

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