Genco Shipping & Trading (GNK) Asset Writedowns and Impairment (2015 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Asset Writedowns and Impairment of $527000.0 for Q1 2026, down 19.05% quarter-over-quarter from $651000.0 in Q2 2025.
Genco Shipping & Trading (GNK) Asset Writedowns and Impairment (2015 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Asset Writedowns and Impairment for 10 consecutive years, with $527000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Writedowns and Impairment changed N/A year-over-year to $527000.0; the TTM figure through Mar 2026 stood at $1.2 million (down 82.14% YoY), while the FY2025 annual figure was $651000.0, down 90.13% from the prior year.
- Asset Writedowns and Impairment slipped to $527000.0 in Q1 2026 per GNK's latest filing, from $651000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $28.1 million in Q3 2023 and bottomed at $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.
- Annual changes were most pronounced in 2024 — Asset Writedowns and Impairment tumbled 96.58% — and 2025, when it sank 88.45%.
- Genco Shipping & Trading's 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 slipped by 19.05% to $527000.0 in 2026.
- Business Quant data shows GNK's Asset Writedowns and Impairment at $527000.0 in Q1 2026, $651000.0 in Q2 2025, and $961000.0 in Q3 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn |
| 10 | Genco Shipping & Trading | 1.14 Bn | 1.14 Bn | 92.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 Mn |
| Jun 30, 2026 | 1.20 Mn |
| 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 |