GNK - NYSE

Genco Shipping & Trading Limited

GNK·NYSE

$23.99

-0.70%

IndustrialsMarine Shipping

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.05B

EPS-0.1000

P/E Ratio-239.90

Earnings Date08/05/2026

1.14B

Assets

3Y-3.0%

5Y-8.0%

10Y-27.0%

240.29M

Total Liabilities

87%

3Y+17.0%

5Y-51.0%

10Y-55.0%

897.82M

Total Equity

-3%

3Y-7.0%

5Y+21.0%

10Y-13.0%

Genco Shipping & Trading Limited Funding & Solvency Profile

GNK · NYSE

Current Assets

Cash & Cash Equivalents55.54M

Net Receivables15.23M

Inventory25.31M

Other Current Assets3.03M

Total Current Assets107 M

Non-Current Assets

Property, Plant & Equipment952.07M

Goodwill & Intangible Assets0.00

Long-Term Investments14.59M

Other Non-Current Assets64.56M

Total Non-Current Assets1 B

Total Assets

1.14B

Financial Health Analysis

Current Ratio

2.34x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.27x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

61 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

9% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Genco Shipping & Trading Limited Balance Sheet

GNK • NYSE

Genco Shipping & Trading Limited Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	55.5M	43.7M	46.5M	58.1M	114.6M	143.9M	155.9M	197.5M	174.5M	133.4M	121.1M	83.4M	122.7M	72.6M	228M	270.9M	188.3M	125M	71.5M	73.6M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	167.5M	0.0
Cash & Short-Term Investments	55.5M	43.7M	46.5M	58.1M	114.6M	143.9M	155.9M	197.5M	174.5M	133.4M	121.1M	83.4M	122.7M	72.6M	228M	270.9M	188.3M	125M	239M	73.6M
Net Receivables	15.2M	22.1M	19.2M	26.5M	22.5M	14.9M	15.7M	22.3M	12.9M	11.4M	13.3M	16.7M	15.3M	13.5M	14.7M	8.8M	2.1M	2.3M	3.7M	471K
Accounts Receivables	14.3M	21.4M	17.8M	25.3M	20.1M	13M	13.7M	22.3M	12.9M	10.4M	10.6M	14.7M	14.2M	11.7M	13.7M	8.8M	2.1M	2.3M	2.3M	471K
Other Receivables	943K	697K	1.4M	1.2M	2.3M	1.9M	2M	0.0	0.0	1M	2.7M	2M	1.1M	1.8M	1M	0.0	0.0	0.0	1.3M	0.0
Inventory	25.3M	22.2M	26.7M	21.6M	24.6M	21.6M	27.2M	29.5M	16M	9.6M	10.5M	11M	11.3M	10.3M	10.4M	0.0	0.0	0.0	9.4M	4.6M
Prepaids	7.8M	6.8M	6M	3.6M	3.9M	4.5M	4M	3.4M	1.5M	2.6M	3.9M	4.6M	5M	5.1M	5.5M	14M	10.2M	13.5M	1.8M	1.6M
Other Current Assets	3M	3.2M	58.8M	15.6M	9.3M	62.4M	20.3M	17.7M	13.1M	15.6M	23.7M	14.6M	11.5M	940K	794K	0.0	17.5M	0.0	20.4M	10.8M
Total Current Assets	106.9M	98M	157.3M	125.4M	174.8M	247.2M	223.2M	270.5M	217.2M	172.6M	172.5M	130.3M	165.9M	102.5M	259.4M	293.7M	218.1M	140.7M	267.6M	88.1M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	952.1M	928.6M	954.8M	1B	1B	970.6M	1.3B	1.3B	1.3B	1.4B	1.5B	1.6B	2.7B	2.7B	2.8B	2.8B	2B	1.7B	1.2B	481.1M
Long-Term Investments	14.6M	0.0	0.0	0.0	0.0	0.0	0.0	315K	23.2M	27.4M	12.3M	26.5M	77.6M	21M	24.5M	54.7M	72.2M	16.8M	0.0	0.0
Other Non-Current Assets	64.6M	30M	29.8M	33M	15.8M	15M	17.6M	9.5M	13.9M	13.2M	29.7M	37M	33.9M	52.3M	35M	48.2M	20.6M	104.5M	155.1M	9M
Total Non-Current Assets	1B	958.6M	984.6M	1B	1B	985.6M	1.3B	1.4B	1.3B	1.4B	1.6B	1.6B	2.8B	2.7B	2.9B	2.9B	2.1B	1.8B	1.4B	490.1M
Total Assets	1.1B	1.1B	1.1B	1.2B	1.2B	1.2B	1.5B	1.6B	1.5B	1.6B	1.7B	1.8B	3B	2.8B	3.1B	3.2B	2.3B	2B	1.7B	578.3M
LIABILITIES
CURRENT LIABILITIES
Total Payables	18.6M	17.5M	10.7M	16.2M	9.4M	11.9M	26M	15.1M	9.9M	6.7M	8.3M	9.9M	5.6M	4.5M	5M	6.5M	3.2M	4.4M	4.2M	1.9M
Accounts Payable	18.6M	17.5M	10.7M	16.2M	9.4M	11.9M	26M	15.1M	9.9M	6.7M	8.3M	9.9M	5.6M	4.5M	5M	6.5M	3.2M	4.4M	4.2M	1.9M
Accrued Expenses	0.0	17M	13.6M	13.3M	20.6M	10.9M	23.6M	14M	13.4M	16.2M	19.2M	18.3M	34.9M	19.2M	25.7M	25.3M	15.4M	13M	13.4M	0.0
Short Term Debt	0.0	0.0	0.0	0.0	0.0	80.6M	69.7M	66.3M	24.5M	4.6M	579M	34.3M	1.4B	682K	185.1M	71.8M	50M	0.0	43M	4.3M
Capital Lease Obligations (Current)	0.0	1.5M	2.3M	2.1M	1.9M	1.8M	1.7M	0.0	0.0	0.0	0.0	0.0	176K	682K	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	8.8M	4.7M	8.7M	5M	10.1M	8.4M	6.6M	6.4M	4.7M	1.5M	1.1M	1.4M	1.6M	1.3M	4.2M	10M	10.4M	10.4M	8.4M	3.1M
Other Current Liabilities	18.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	7M	-675K	1.7M	4.4M	0.0	2.5M	1.4M	5.9M
Total Current Liabilities	45.7M	40.7M	35.3M	36.5M	41.9M	113.6M	127.7M	101.9M	52.4M	28.9M	617M	63.9M	1.5B	25.7M	221.7M	118M	79M	30.2M	70.4M	15.2M
NON-CURRENT LIABILITIES
Long Term Debt	194.6M	82.2M	190.2M	164.9M	238.2M	358.9M	413M	468.8M	490.9M	508.4M	0.0	395.8M	163.6M	1.5B	1.5B	1.7B	1.3B	1.2B	893M	207.6M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	7.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.8M	392K	2.4M	2.3M	968K	395K
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	23.7M	39.5M	44.8M	64.2M	0.0	0.0
Other Non-Current Liabilities	-5.5M	0.0	0.0	0.0	0.0	0.0	0.0	3.5M	0.0	0.0	0.0	0.0	84K	29.7M	23M	2.2M	4.6M	23.6M	66.8M	1.6M
Total Non-Current Liabilities	194.6M	87.7M	192M	169M	244.4M	374.2M	422.8M	472.3M	493.5M	510.3M	1.1M	396.2M	166.8M	1.6B	1.5B	1.7B	1.3B	1.3B	960.7M	209.6M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-600K	1.1B	0.0	0.0	1.3B	0.0	0.0	0.0	0.0	0.0	0.0
Capital Lease Obligations	5.5M	7M	4.1M	6.2M	8.1M	9.8M	11.5M	3.5M	2.6M	1.9M	1.1M	390K	3.3M	3.1M	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	240.3M	128.4M	227.3M	205.6M	286.3M	487.8M	550.5M	574.2M	545.9M	538.7M	1.7B	460.1M	1.6B	2.8B	1.8B	1.8B	1.4B	1.3B	1B	224.7M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	120.8M	0.0	0.0	0.0	11K	0.0	0.0	0.0	0.0	0.0	0.0
Common Stock	432K	427K	425K	423K	419K	418K	417K	416K	345K	74K	728K	615K	445K	443K	363K	359K	318K	317K	290K	255K
Additional Paid-In Capital	1.5B	1.5B	1.6B	1.6B	1.7B	1.7B	1.7B	1.7B	1.6B	1.5B	1.5B	1.3B	846.7M	863.3M	809.4M	803.8M	722.2M	718M	523M	307.1M
Retained Earnings	-569.1M	-564.7M	-641.1M	-628.2M	-786.8M	-968.8M	-743.3M	-687.3M	-653.7M	-594.9M	-377.2M	-204.1M	66.6M	214.4M	359.3M	334M	192.8M	44.2M	79.9M	42.6M
Accumulated Other Comprehensive Income/Loss	0.0	0.0	527K	6.5M	825K	0.0	0.0	-245.8M	-214.4M	-163.8M	-21K	-25.3M	53.7M	-11.8M	-17.5M	-5.2M	13.6M	-66M	19M	3.5M
Total Stockholders' Equity	896.5M	926.7M	913.3M	967.4M	916.6M	745M	978.4M	1.1B	975M	1B	1.1B	1B	967.5M	1.1B	1.2B	1.1B	928.9M	696.5M	622.2M	353.5M
Total Equity	897.8M	928.2M	914.6M	968.3M	916.7M	745M	978.4M	1.1B	975M	1B	1.1B	1.3B	1.3B	1.3B	1.4B	1.3B	928.9M	696.5M	622.2M	353.5M
Minority Interest	1.3M	1.5M	1.4M	876K	88K	0.0	0.0	0.0	0.0	0.0	0.0	270.4M	341.3M	194.9M	210M	215.2M	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	1.1B	1.1B	1.1B	1.2B	1.2B	1.2B	1.5B	1.6B	1.5B	1.6B	1.7B	1.8B	3B	2.8B	3.1B	3.2B	2.3B	2B	1.7B	578.3M
Total Investments	14.6M	0.0	0.0	0.0	0.0	0.0	0.0	315K	23.2M	27.4M	12.3M	26.5M	77.6M	21M	24.5M	54.7M	72.2M	16.8M	167.5M	0.0
Total Debt	200.2M	89.2M	194.3M	171.1M	246.3M	449.4M	494.2M	538.6M	518M	514.9M	589.6M	430.5M	1.6B	1.5B	1.7B	1.7B	1.3B	1.2B	936M	211.9M
Net Debt	144.6M	45.5M	147.7M	113M	131.7M	305.5M	338.3M	341.1M	343.5M	381.5M	468.5M	347.1M	1.5B	1.5B	1.5B	1.5B	1.1B	1B	864.5M	138.4M
Shares Outstanding	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164	43,243,164

SEC Filings

GNK - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 02, 2026	June 02, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 06, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 01, 2026	May 01, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 30, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 27, 2026	March 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 05, 2026	February 27, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 18, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 17, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 13, 2026	February 13, 2026	2026	View Filing

Showing 1 to 10 of 440 filings

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