Genco Shipping & Trading (GNK) Tax Provisions (2010 - 2016)
Genco Shipping & Trading (GNK) posted quarterly Tax Provisions of -$57000.0 for Q4 2016, down 121.27% year-over-year from $268000.0 in Q1 2016, and down 113.67% quarter-over-quarter from $417000.0 in Q3 2016.
Genco Shipping & Trading (GNK) Tax Provisions (2010 - 2016) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Tax Provisions for 7 consecutive years, with -$57000.0 the latest figure, recorded in Q4 2016.
- In Q4 2016, Tax Provisions fell 121.27% year-over-year to -$57000.0; the TTM figure through Sep 2017 stood at -$57000.0 (down 105.51% YoY), while the FY2020 annual figure was $407000.0, up 68.88% from the prior year.
- Tax Provisions eased to -$57000.0 in Q4 2016 per GNK's latest filing, from $417000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $1.9 million in Q4 2013 and bottomed at -$57000.0 in Q4 2016.
- Historically, Tax Provisions has averaged $361526.3 across 5 years, with a median of $292000.0 in 2015.
- Annual changes were most pronounced in 2014 — Tax Provisions soared 4812.5% — and 2016, when it slumped 121.27%.
- Genco Shipping & Trading's Tax Provisions stood at $276000.0 in 2012, then surged by 579.71% to $1.9 million in 2013, then slumped by 79.05% to $393000.0 in 2014, then plunged by 31.81% to $268000.0 in 2015, then slumped by 121.27% to -$57000.0 in 2016.
- Business Quant data shows GNK's Tax Provisions at -$57000.0 in Q4 2016, $417000.0 in Q3 2016, and $96000.0 in Q2 2016.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 28.61 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 34.50 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -2.28 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 11.90 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | - |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | - |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2016 | -57,000.00 |
| Sep 30, 2016 | 417,000.00 |
| Jun 30, 2016 | 96,000.00 |
| Mar 31, 2016 | 253,000.00 |
| Dec 31, 2015 | 268,000.00 |
| Sep 30, 2015 | 292,000.00 |
| Jun 30, 2015 | 718,000.00 |
| Mar 31, 2015 | 543,000.00 |
| Sep 30, 2014 | 393,000.00 |
| Jun 30, 2014 | 339,000.00 |
| Mar 31, 2014 | 12,000.00 |
| Dec 31, 2013 | 1.88 Mn |
| Sep 30, 2013 | 8,000.00 |
| Jun 30, 2013 | 294,000.00 |
| Mar 31, 2013 | 224,000.00 |
| Dec 31, 2012 | 276,000.00 |
| Sep 30, 2012 | 303,000.00 |
| Jun 30, 2012 | 343,000.00 |
| Mar 31, 2012 | 271,000.00 |
| Dec 31, 2011 | 344,000.00 |