Genco Shipping & Trading (GNK) Asset Writedowns and Impairment (2015 - 2019)

Genco Shipping & Trading (GNK) has 5 years of Asset Writedowns and Impairment data on file, last reported at $223000.0 in Q2 2019.

• Asset Writedowns and Impairment for Q2 2019 came in at $223000.0, up 21.2% year-over-year; the trailing twelve-month figure through Mar 2020 was $223000.0 (up 21.2% YoY), and the FY2019 annual result was $223000.0, down 99.61% from the prior year.
• Asset Writedowns and Impairment grew to $223000.0 in Q2 2019 per GNK's latest filing, from $184000.0 in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $67.6 million in Q2 2016 and troughed at -$28.0 million in Q4 2015.
• A 5-year average of $18.8 million and a median of $11.0 million in 2017 frame the typical range for Asset Writedowns and Impairment.
• The sharpest annual moves came in 2016 and 2019: Asset Writedowns and Impairment tumbled 95.24% in 2016, then rose 21.2% in 2019.
• A 5-year view of Asset Writedowns and Impairment shows it stood at -$28.0 million in 2015, then surged by 341.07% to $67.6 million in 2016, then plunged by 72.4% to $18.7 million in 2017, then slumped by 99.01% to $184000.0 in 2018, then rose by 21.2% to $223000.0 in 2019.
• Business Quant data shows GNK's Asset Writedowns and Impairment at $223000.0 in Q2 2019, $184000.0 in Q2 2018, and $56.4 million in Q1 2018.