Genco Shipping & Trading Balance Sheet
NYSE: GNKConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Genco Shipping & Trading financial position
At the end of fiscal 2025, Genco Shipping & Trading reported total assets of $1.14 billion, up 7.7% from a year earlier against total liabilities of $240.3 million. Shareholders' equity stood at $896.5 million, or 78.8% of assets. The company held $55.5 million in cash and equivalents against $189.1 million of debt, a net debt position of $133.5 million.
The current ratio (current assets divided by current liabilities) was 2.39, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.21.
Summary generated from market data by MetaCap's automated system. Methodology
Genco Shipping & Trading balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 55.54M | 43.69M | 46.54M | 58.14M | 114.57M | 143.87M | 155.89M | 197.50M | 174.48M | 133.40M |
| Receivables | 14.28M | 21.38M | 17.82M | 25.33M | 20.12M | 12.99M | 13.70M | 22.31M | 12.86M | 10.37M |
| Inventory | 25.19M | 22.23M | 26.75M | 21.60M | 24.56M | 21.58M | 27.21M | 29.55M | 15.33M | 9.63M |
| Total Current Assets | 109.06M | 97.99M | 157.27M | 125.43M | 174.83M | 247.20M | 223.19M | 270.45M | 217.24M | 172.60M |
| Property, Plant & Equipment | 7.49M | 7.18M | 7.07M | 8.56M | 7.24M | 6.39M | 5.98M | 2.29M | 1.01M | 1.02M |
| Total Assets | 1.14B | 1.06B | 1.14B | 1.17B | 1.20B | 1.23B | 1.53B | 1.63B | 1.52B | 1.57B |
| Accounts Payable | 18.64M | 17.48M | 10.65M | 16.16M | 9.40M | 11.86M | 26.04M | 15.11M | 9.86M | 6.70M |
| Short-Term Debt | — | — | — | — | — | 80.64M | 69.75M | 66.32M | 24.50M | 4.58M |
| Total Current Liabilities | 45.67M | 40.66M | 35.29M | 36.54M | 41.90M | 113.62M | 127.66M | 101.87M | 52.45M | 28.95M |
| Long-Term Debt | 189.08M | 82.17M | 190.17M | 164.92M | 238.23M | 358.93M | 412.98M | 468.83M | 490.89M | 508.44M |
| Total Liabilities | 240.29M | 128.37M | 227.26M | 205.56M | 286.33M | 487.81M | 550.46M | 574.16M | 545.93M | 539.26M |
| Shareholders' Equity | 896.48M | 926.74M | 913.26M | 967.43M | 916.59M | 744.99M | 978.43M | 1.05B | 974.37M | 1.03B |
| Retained Earnings | -569.08M | -564.72M | -641.12M | -628.25M | -786.82M | -968.83M | -743.26M | -687.27M | -653.67M | -594.95M |
| Total Debt | 189.08M | 82.17M | 190.17M | 164.92M | 238.23M | 439.57M | 482.73M | 535.15M | 515.39M | 513.02M |
| Net Cash (Debt) | -133.54M | -38.48M | -143.63M | -106.78M | -123.66M | -295.70M | -326.84M | -337.65M | -340.91M | -379.62M |
| Shares Outstanding | 43.24M | 42.76M | 42.55M | 42.33M | 41.92M | 41.80M | 41.75M | 41.64M | 34.53M | 7.35M |
This table shows 10 annual periods of Genco Shipping & Trading's balance sheet, from FY 2025 back to FY 2016, across 16 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow GNK's reporting calendar. What is a balance sheet?