Genco Shipping & Trading Limited

Genco Shipping & Trading Limitedverified

GNK

Price:

$14.04

Market Cap:

$600.32M

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.[Read more]

Industry

Marine Shipping

IPO Date

2014-07-15

Stock Exchange

NYSE

Ticker

GNK

The Current Ratio as of December 2024 (TTM) for Genco Shipping & Trading Limited (GNK) is 3.09

According to Genco Shipping & Trading Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.09. This represents a change of -16.41% compared to the average of 3.70 of the last 4 quarters.

Genco Shipping & Trading Limited (GNK) Historical Current Ratio (quarterly & annually)

How has GNK Current Ratio performed in the past?

The mean historical Current Ratio of Genco Shipping & Trading Limited over the last ten years is 3.11. The current 3.09 Current Ratio has changed 9.86% with respect to the historical average. Over the past ten years (40 quarters), GNK's Current Ratio was at its highest in in the March 2017 quarter at 6.35. The Current Ratio was at its lowest in in the September 2016 quarter at 0.16.

Quarterly (TTM)
Annual

Average

3.11

Median

3.04

Minimum

0.28

Maximum

5.96

Genco Shipping & Trading Limited (GNK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Genco Shipping & Trading Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.03%

Maximum Annual Current Ratio = 5.96

Minimum Annual Increase = -86.28%

Minimum Annual Current Ratio = 0.28

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.4629.84%
20223.43-17.74%
20214.1791.81%
20202.1824.44%
20191.75-34.14%
20182.65-35.90%
20174.14-30.53%
20165.962.03%
20150.28-86.28%
20142.041.72%

Genco Shipping & Trading Limited (GNK) Average Current Ratio

How has GNK Current Ratio performed in the past?

The current Current Ratio of Genco Shipping & Trading Limited (GNK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.02

5-year avg

3.20

10-year avg

3.11

Genco Shipping & Trading Limited (GNK) Current Ratio vs. Peers

How is GNK’s Current Ratio compared to its peers?

Genco Shipping & Trading Limited’s Current Ratio is greater than Star Bulk Carriers Corp. (1.69), greater than Golden Ocean Group Limited (1.22), greater than Global Ship Lease, Inc. (1.64), less than Danaos Corporation (3.93), greater than Eagle Bulk Shipping Inc. (0.89), greater than Diana Shipping Inc. (0), greater than Costamare Inc. (1.65), less than Ardmore Shipping Corporation (3.57), less than OceanPal Inc. (12.38),

Build a custom stock screener for Genco Shipping & Trading Limited (GNK) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Genco Shipping & Trading Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Genco Shipping & Trading Limited (GNK) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Genco Shipping & Trading Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Genco Shipping & Trading Limited's Current Ratio?

How is the Current Ratio calculated for Genco Shipping & Trading Limited (GNK)?

What is the highest Current Ratio for Genco Shipping & Trading Limited (GNK)?

What is the 3-year average Current Ratio for Genco Shipping & Trading Limited (GNK)?

What is the 5-year average Current Ratio for Genco Shipping & Trading Limited (GNK)?

How does the current Current Ratio for Genco Shipping & Trading Limited (GNK) compare to its historical average?