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| Date | Value |
|---|---|
| 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 |