Genco Shipping & Trading Limited

NYSE:GNK Stock Report

Mkt Cap: US$731.0m

Genco Shipping & Trading Financial Health

How is Genco Shipping & Trading's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

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 to Equity History and Analysis

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).


Balance Sheet


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