Genco Shipping & Trading (GNK) Debt Ratio (2009 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Debt Ratio of 0.25 for Q1 2026, up 219.97% year-over-year from 0.08 in Q1 2025, and up 53.31% quarter-over-quarter from 0.17 in Q4 2025.
Genco Shipping & Trading (GNK) Debt Ratio (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Debt Ratio for 18 consecutive years, with 0.25 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio rose 219.97% year-over-year to 0.25; the TTM figure through Mar 2026 stood at 0.25 (up 219.97% YoY), while the FY2025 annual figure was 0.17, up 113.62% 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.
- Across five years, Debt Ratio topped out at 0.25 in Q1 2026 and bottomed at 0.07 in Q3 2024.
- Historically, Debt Ratio has averaged 0.13 across 5 years, with a median of 0.14 in 2022.
- Annual changes were most pronounced in 2024 — Debt Ratio sank 53.3% — and 2026, when it jumped 219.97%.
- Genco Shipping & Trading's Debt Ratio stood at 0.14 in 2022, then advanced by 18.54% to 0.17 in 2023, then tumbled by 53.3% to 0.08 in 2024, then jumped by 113.62% to 0.17 in 2025, then jumped by 53.31% 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 0.17 |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 0.07 |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 0.29 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 0.27 |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 0.22 |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 0.44 |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 0.19 |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 0.43 |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn | 0.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| 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 |