Genco Shipping & Trading (GNK) Asset Writedowns and Impairment (2015 - 2026)
Genco Shipping & Trading's (GNK) quarterly Asset Writedowns and Impairment came in at $527000.0 in Q1 2026, down 19.05% on a QoQ basis from $651000.0 in Q2 2025.
Genco Shipping & Trading (GNK) Asset Writedowns and Impairment (2015 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has 10 years of Asset Writedowns and Impairment data on file, last reported at $527000.0 in Q1 2026.
- On a quarterly basis, Asset Writedowns and Impairment changed N/A year-over-year to $527000.0 in Q1 2026; TTM through Mar 2026 was $1.2 million, a 82.14% decrease from a year earlier, with the FY2025 full-year figure at $651000.0, down 90.13% from the prior year.
- Asset Writedowns and Impairment for Q1 2026 stood at $527000.0, down from $651000.0 in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for GNK reached as high as $28.1 million in Q3 2023 and fell as low as $527000.0 in Q1 2026.
- Historically, Asset Writedowns and Impairment has averaged $8.2 million across 4 years, with a median of $3.3 million in 2024.
- Across the five-year window, Asset Writedowns and Impairment sank 96.58% in 2024 and tumbled 88.45% in 2025, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $13.6 million in 2023, then slumped by 92.94% to $961000.0 in 2024, then sank by 32.26% to $651000.0 in 2025, then declined by 19.05% to $527000.0 in 2026.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $527000.0 in Q1 2026, $651000.0 in Q2 2025, and $961000.0 in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - |
| 10 | Genco Shipping & Trading | 1.10 Bn | 1.10 Bn | 32.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 527,000.00 |
| Mar 31, 2026 | 527,000.00 |
| Jun 30, 2025 | 651,000.00 |
| Jun 30, 2025 | 651,000.00 |
| Sep 30, 2024 | 961,000.00 |
| Sep 30, 2024 | 961,000.00 |
| Jun 30, 2024 | 5.63 Mn |
| Jun 30, 2024 | 5.63 Mn |
| Dec 31, 2023 | 13.62 Mn |
| Dec 31, 2023 | 13.62 Mn |
| Sep 30, 2023 | 28.10 Mn |
| Sep 30, 2023 | 28.10 Mn |
| Dec 31, 2020 | 74.23 Mn |
| Dec 31, 2020 | 74.23 Mn |
| Sep 30, 2020 | 21.90 Mn |
| Sep 30, 2020 | 21.90 Mn |
| Mar 31, 2020 | 112.81 Mn |
| Mar 31, 2020 | 112.81 Mn |
| Sep 30, 2019 | 12.18 Mn |
| Sep 30, 2019 | 12.18 Mn |