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
DateValue
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