Genco Shipping & Trading (GNK) Long-Term Deferred Tax (2009 - 2011)

Genco Shipping & Trading (GNK) posted quarterly Long-Term Deferred Tax of $15.5 million for Q2 2011, up 79.37% year-over-year from $8.6 million in Q2 2010, and down 4.35% quarter-over-quarter from $16.2 million in Q1 2011.

Genco Shipping & Trading (GNK) Long-Term Deferred Tax (2009 - 2011) Analysis & Trends

Genco Shipping & Trading (GNK) has reported Long-Term Deferred Tax for 3 consecutive years, with $15.5 million the latest figure, recorded in Q2 2011.

  • In Q2 2011, Long-Term Deferred Tax rose 79.37% year-over-year to $15.5 million; the TTM figure through Jun 2011 stood at $15.5 million (up 79.37% YoY), while the FY2010 annual figure was $16.9 million, up 103.37% from the prior year.
  • Long-Term Deferred Tax eased to $15.5 million in Q2 2011 per GNK's latest filing, from $16.2 million in the prior quarter.
  • Across five years, Long-Term Deferred Tax topped out at $16.9 million in Q4 2010 and bottomed at $8.3 million in Q4 2009.
  • Historically, Long-Term Deferred Tax has averaged $13.6 million across 3 years, with a median of $15.8 million in 2010.
  • Annual changes were most pronounced in 2010 — Long-Term Deferred Tax soared 103.37% — and 2011, when it soared 79.37%.
  • Genco Shipping & Trading's Long-Term Deferred Tax stood at $8.3 million in 2009, then jumped by 103.37% to $16.9 million in 2010, then dropped by 8.54% to $15.5 million in 2011.
  • Business Quant data shows GNK's Long-Term Deferred Tax at $15.5 million in Q2 2011, $16.2 million in Q1 2011, and $16.9 million in Q4 2010.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kirby 7.46 Bn 7.42 Bn 290.80 Mn
2 Matson 6.58 Bn 6.46 Bn -
3 Hafnia 3.91 Bn 3.80 Bn 152.41 Mn
4 ZIM Integrated Shipping Services 3.47 Bn 2.55 Bn 57.20 Mn
5 Star Bulk Carriers 3.37 Bn 2.87 Bn -
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn
7 Okeanis Eco Tankers 2.45 Bn 2.23 Bn 12,231.53 Bn
8 Navios Maritime Partners 2.38 Bn 1.97 Bn 326.09 Mn
9 Costamare 1.81 Bn 1.51 Bn 185.32 Mn
10 Genco Shipping & Trading 1.14 Bn 1.14 Bn 92.30 Mn

Historic Data

Download Data
DateValue
Jun 30, 2011 15.49 Mn
Mar 31, 2011 16.20 Mn
Dec 31, 2010 16.94 Mn
Sep 30, 2010 16.18 Mn
Jun 30, 2010 8.64 Mn
Dec 31, 2009 8.33 Mn