Genco Shipping & Trading (GNK) Debt Ratio (2009 - 2026)
Genco Shipping & Trading's (GNK) quarterly Debt Ratio came in at 0.25 in Q1 2026, up 219.97% year-on-year from 0.08 in Q1 2025, and up 53.31% on a QoQ basis 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.
- On a quarterly basis, Debt Ratio rose 219.97% year-over-year to 0.25 in Q1 2026; TTM through Mar 2026 was 0.25, a 219.97% increase from a year earlier, with the FY2025 full-year figure at 0.17, up 113.62% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.25, up from 0.17 in the prior quarter.
- Over the last five years, Debt Ratio for GNK reached as high as 0.25 in Q1 2026 and fell as low as 0.07 in Q3 2024.
- Historically, Debt Ratio has averaged 0.13 across 5 years, with a median of 0.14 in 2022.
- Across the five-year window, Debt Ratio tumbled 53.3% in 2024 and surged 219.97% in 2026, its largest moves.
- Year by year, Debt Ratio stood at 0.14 in 2022, then grew by 18.54% to 0.17 in 2023, then tumbled by 53.3% to 0.08 in 2024, then soared by 113.62% to 0.17 in 2025, then soared by 53.31% to 0.25 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 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 | 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 | 0.20 |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 0.70 |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 0.61 |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 0.19 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 0.15 |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 0.07 |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 0.29 |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | 0.35 |
| 10 | Genco Shipping & Trading | 1.10 Bn | 1.10 Bn | 32.77 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 |