Genco Shipping & Trading Financial Health

Short Term Liabilities: GNK's short term assets ($145.8M) exceed its short term liabilities ($55.3M).

Long Term Liabilities: GNK's short term assets ($145.8M) do not cover its long term liabilities ($177.9M).

Debt Level: GNK's net debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: GNK's debt to equity ratio has reduced from 53.2% to 17.8% over the past 5 years.

Debt Coverage: GNK's debt is well covered by operating cash flow (144.1%).

Interest Coverage: GNK's interest payments on its debt are well covered by EBIT (25x coverage).

• Healthy companies in the Transportation industry.