Genco Shipping & Trading Limited
GNK
Price:
$16.015
Market Cap:
$684.77M
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
PE Ratio
[47.10]
ROE
[1.66%]
Current Ratio
[3.59]
Dividend Yield
[8.24%]
Enterprise Value
[741.86M]
Dividend History
The Current Ratio as of November 2024 (TTM) for Genco Shipping & Trading Limited (GNK) is 3.59
According to Genco Shipping & Trading Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.59. This represents a change of -2.96% 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 3.10. The current 3.59 Current Ratio has changed 11.47% 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.
Average
3.10
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
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 4.40 | 28.24% |
| 2022 | 3.43 | -17.74% |
| 2021 | 4.17 | 91.81% |
| 2020 | 2.18 | 24.44% |
| 2019 | 1.75 | -34.14% |
| 2018 | 2.65 | -35.90% |
| 2017 | 4.14 | -30.53% |
| 2016 | 5.96 | 2.03% |
| 2015 | 0.28 | -86.28% |
| 2014 | 2.04 | 1.72% |
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, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.00
5-year avg
3.19
10-year avg
3.10
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. (1.51), greater than Golden Ocean Group Limited (1.17), greater than Global Ship Lease, Inc. (1.42), less than Danaos Corporation (4.18), greater than Eagle Bulk Shipping Inc. (0.89), greater than Diana Shipping Inc. (2.34), greater than Costamare Inc. (1.65), greater than Ardmore Shipping Corporation (3.50), less than OceanPal Inc. (12.38),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.51 | $2.26B | |
| 1.17 | $2.16B | |
| 1.42 | $850.29M | |
| 4.18 | $1.58B | |
| 0.89 | $693.38M | |
| 2.34 | $279.72M | |
| 1.65 | $1.66B | |
| 3.50 | $579.30M | |
| 12.38 | $11.31M |
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