Genco Shipping & Trading (GNK) Debt Ratio (2009 - 2026)
Genco Shipping & Trading (GNK) reported Debt Ratio of 0.25 for Q1 2026, up 220.03% year-over-year from 0.08 in Q1 2025, and up 53.34% quarter-over-quarter from 0.17 in Q4 2025.
Genco Shipping & Trading (GNK) Debt Ratio (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has 18 years of Debt Ratio data on file, last reported at 0.25 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.25, up 220.03% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.25 (up 220.03% YoY), and the FY2025 annual result was 0.17, up 113.6% from the prior year.
- Debt Ratio rose to 0.25 in Q1 2026 per GNK's latest filing, from 0.17 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.25 in Q1 2026 and troughed at 0.07 in Q3 2024.
- A 5-year average of 0.13 and a median of 0.14 in 2022 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2024 and 2026: Debt Ratio plunged 53.3% in 2024, then jumped 220.03% in 2026.
- A 5-year view of Debt Ratio shows it stood at 0.14 in 2022, then rose by 18.49% to 0.17 in 2023, then sank by 53.3% to 0.08 in 2024, then soared by 113.6% to 0.17 in 2025, then jumped by 53.34% to 0.25 in 2026.
- Business Quant data shows GNK's Debt Ratio at 0.25 in Q1 2026, 0.17 in Q4 2025, and 0.14 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 0.01 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.15 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.07 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.29 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.28 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | - |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.38 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 0.19 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 0.23 |
| 10 | Genco Shipping & Trading | 1.08 Bn | 1.08 Bn | 39.25 Mn | 0.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.17 |
| Sep 30, 2025 | 0.14 |
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.08 |
| Dec 31, 2024 | 0.08 |
| Sep 30, 2024 | 0.07 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.15 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.25 |
| Jun 30, 2021 | 0.30 |