Genco Shipping & Trading (GNK) Short term Debt (2009 - 2021)

Genco Shipping & Trading (GNK) posted quarterly Short term Debt of $55.9 million for Q2 2021, down 29.68% year-over-year from $79.5 million in Q2 2020, and down 14.33% quarter-over-quarter from $65.3 million in Q1 2021.

Genco Shipping & Trading (GNK) Short term Debt (2009 - 2021) Analysis & Trends

Genco Shipping & Trading (GNK) has reported Short term Debt for 13 consecutive years, with $55.9 million the latest figure, recorded in Q2 2021.

  • In Q2 2021, Short term Debt fell 29.68% year-over-year to $55.9 million; the TTM figure through Jun 2021 stood at $55.9 million (down 29.68% YoY), while the FY2020 annual figure was $80.6 million, up 15.62% from the prior year.
  • Short term Debt slipped to $55.9 million in Q2 2021 per GNK's latest filing, from $65.3 million in the prior quarter.
  • Across five years, Short term Debt topped out at $80.6 million in Q3 2020 and bottomed at $7.1 million in Q1 2017.
  • Historically, Short term Debt has averaged $53.7 million across 5 years, with a median of $66.0 million in 2018.
  • Annual changes were most pronounced in 2017 — Short term Debt tumbled 98.74% — and 2018, when it soared 449.19%.
  • Genco Shipping & Trading's Short term Debt stood at $24.5 million in 2017, then surged by 170.73% to $66.3 million in 2018, then gained by 5.17% to $69.7 million in 2019, then climbed by 15.62% to $80.6 million in 2020, then tumbled by 30.66% to $55.9 million in 2021.
  • Business Quant data shows GNK's Short term Debt at $55.9 million in Q2 2021, $65.3 million in Q1 2021, and $80.6 million in Q4 2020.

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, 2021 55.92 Mn
Mar 31, 2021 65.28 Mn
Dec 31, 2020 80.64 Mn
Sep 30, 2020 80.64 Mn
Jun 30, 2020 79.52 Mn
Mar 31, 2020 72.96 Mn
Dec 31, 2019 69.75 Mn
Sep 30, 2019 70.11 Mn
Jun 30, 2019 65.64 Mn
Mar 31, 2019 70.35 Mn
Dec 31, 2018 66.32 Mn
Sep 30, 2018 66.32 Mn
Jun 30, 2018 45.00 Mn
Mar 31, 2018 24.31 Mn
Dec 31, 2017 24.50 Mn
Sep 30, 2017 12.08 Mn
Jun 30, 2017 9.58 Mn
Mar 31, 2017 7.08 Mn
Dec 31, 2016 4.58 Mn
Sep 30, 2016 540.46 Mn