Genco Shipping & Trading (GNK) Long-Term Debt Issuances (2010 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Long-Term Debt Issuances of $4.3 million for Q1 2026, up 106.12% quarter-over-quarter from -$70.0 million in Q4 2025.
Genco Shipping & Trading (GNK) Long-Term Debt Issuances (2010 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Long-Term Debt Issuances for 14 consecutive years, with $4.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Long-Term Debt Issuances changed N/A year-over-year to $4.3 million; the TTM figure through Mar 2026 stood at -$65.7 million (down 165.71% YoY), while the FY2025 annual figure was $15.3 million, down 88.21% from the prior year.
- Long-Term Debt Issuances improved to $4.3 million in Q1 2026 per GNK's latest filing, from -$70.0 million in the prior quarter.
- Across five years, Long-Term Debt Issuances topped out at $183.5 million in Q4 2023 and bottomed at -$70.0 million in Q4 2025.
- Historically, Long-Term Debt Issuances has averaged $24.9 million across 5 years, with a median of $8.8 million in 2022.
- Annual changes were most pronounced in 2023 — Long-Term Debt Issuances jumped 1997.14% — and 2025, when it tumbled 800.0%.
- Genco Shipping & Trading's Long-Term Debt Issuances stood at $8.8 million in 2022, then surged by 1997.14% to $183.5 million in 2023, then plunged by 94.55% to $10.0 million in 2024, then sank by 800.0% to -$70.0 million in 2025, then surged by 106.12% to $4.3 million in 2026.
- Business Quant data shows GNK's Long-Term Debt Issuances at $4.3 million in Q1 2026, -$70.0 million in Q4 2025, and $10.0 million in Q4 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | - |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 9.80 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 507.00 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 307.00 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 145.00 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 175.20 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 182.13 Mn |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.29 Mn |
| Mar 31, 2026 | 4.29 Mn |
| Dec 31, 2025 | -70.00 Mn |
| Dec 31, 2025 | -70.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Sep 30, 2024 | 25.00 Mn |
| Sep 30, 2024 | 25.00 Mn |
| Jun 30, 2024 | 65.00 Mn |
| Jun 30, 2024 | 65.00 Mn |
| Mar 31, 2024 | 30.00 Mn |
| Mar 31, 2024 | 30.00 Mn |
| Dec 31, 2023 | 183.50 Mn |
| Dec 31, 2023 | 183.50 Mn |
| Sep 30, 2023 | 8.75 Mn |
| Sep 30, 2023 | 8.75 Mn |
| Jun 30, 2023 | 8.75 Mn |
| Jun 30, 2023 | 8.75 Mn |
| Mar 31, 2023 | 8.75 Mn |
| Mar 31, 2023 | 8.75 Mn |