Genco Shipping & Trading (GNK) Tax Provisions (2010 - 2016)

Genco Shipping & Trading's (GNK) quarterly Tax Provisions came in at -$57000.0 in Q4 2016, down 121.27% year-on-year from $268000.0 in Q1 2016, and down 113.67% on a QoQ basis from $417000.0 in Q3 2016.

Genco Shipping & Trading (GNK) Tax Provisions (2010 - 2016) Analysis & Trends

Genco Shipping & Trading (GNK) has 7 years of Tax Provisions data on file, last reported at -$57000.0 in Q4 2016.

  • On a quarterly basis, Tax Provisions fell 121.27% year-over-year to -$57000.0 in Q4 2016; TTM through Sep 2017 was -$57000.0, a 105.51% decrease from a year earlier, with the FY2020 full-year figure at $407000.0, up 68.88% from the prior year.
  • Tax Provisions for Q4 2016 stood at -$57000.0, down from $417000.0 in the prior quarter.
  • Over the last five years, Tax Provisions for GNK reached as high as $1.9 million in Q4 2013 and fell as low as -$57000.0 in Q4 2016.
  • Historically, Tax Provisions has averaged $361526.3 across 5 years, with a median of $292000.0 in 2015.
  • Across the five-year window, Tax Provisions jumped 4812.5% in 2014 and plunged 121.27% in 2016, its largest moves.
  • Year by year, Tax Provisions stood at $276000.0 in 2012, then jumped 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.
  • Per Business Quant data, the three most recent Tax Provisions figures were -$57000.0 in Q4 2016, $417000.0 in Q3 2016, and $96000.0 in Q2 2016.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn 11.90 Mn
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn -
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn -630,000.00
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn -
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 -
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 32.17 Mn
7 Matson 6.26 Bn 6.16 Bn - 11.30 Mn
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn -2.28 Mn
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Genco Shipping & Trading 1.10 Bn 1.10 Bn 32.77 Mn -

Historic Data

Download Data
DateValue
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