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