Genco Shipping & Trading Balance Sheet Health
Financial Health criteria checks 3/6
Genco Shipping & Trading has a total shareholder equity of $914.6M and total debt of $190.2M, which brings its debt-to-equity ratio to 20.8%. Its total assets and total liabilities are $1.1B and $227.3M respectively. Genco Shipping & Trading's EBIT is $35.9M making its interest coverage ratio 5.9. It has cash and short-term investments of $47.1M.
Key information
20.8%
Debt to equity ratio
US$190.17m
Debt
Interest coverage ratio | 5.9x |
Cash | US$47.11m |
Equity | US$914.65m |
Total liabilities | US$227.26m |
Total assets | US$1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GNU1's short term assets ($157.3M) exceed its short term liabilities ($35.3M).
Long Term Liabilities: GNU1's short term assets ($157.3M) do not cover its long term liabilities ($192.0M).
Debt to Equity History and Analysis
Debt Level: GNU1's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: GNU1's debt to equity ratio has reduced from 50.8% to 20.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GNU1 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GNU1 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.