Genco Shipping & Trading (GNK) Tax Rate (2010 - 2016)
Genco Shipping & Trading (GNK) reported Tax Rate of 0.23% for Q4 2016, up 77.0% year-over-year from 0.13% in Q1 2016, and up 114.72% quarter-over-quarter from 1.54% in Q3 2016.
Genco Shipping & Trading (GNK) Tax Rate (2010 - 2016) Analysis & Trends
Genco Shipping & Trading (GNK) has 7 years of Tax Rate data on file, last reported at 0.23% in Q4 2016.
- Tax Rate for Q4 2016 came in at 0.23%, up 77.0% year-over-year; the trailing twelve-month figure through Sep 2017 was 0.07% (up 49.0% YoY), and the FY2018 annual result was 0.24%, changed N/A from the prior year.
- Tax Rate grew to 0.23% in Q4 2016 per GNK's latest filing, from 1.54% in the prior quarter.
- Over five years, Tax Rate peaked at 140.85% in Q1 2014 and troughed at 1.77% in Q3 2014.
- A 5-year average of 12.11% and a median of 0.47% in 2016 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2014 and 2015: Tax Rate surged 14128 bps in 2014, then sank 14154 bps in 2015.
- A 5-year view of Tax Rate shows it stood at 0.27% in 2012, then soared by 33882 bps to 93.36% in 2013, then sank by 102 bps to 1.77% in 2014, then jumped by 69 bps to 0.54% in 2015, then soared by 142 bps to 0.23% in 2016.
- Business Quant data shows GNK's Tax Rate at 0.23% in Q4 2016, 1.54% in Q3 2016, and 0.09% in Q2 2016.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 93.37% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 14.73% |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -2.13% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | - |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 12.12% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | - |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Genco Shipping & Trading | 1.08 Bn | 1.08 Bn | 39.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2016 | 0.23% |
| Dec 31, 2016 | 0.23% |
| Sep 30, 2016 | -1.54% |
| Sep 30, 2016 | -1.54% |
| Jun 30, 2016 | -0.09% |
| Jun 30, 2016 | -0.09% |
| Mar 31, 2016 | -0.47% |
| Mar 31, 2016 | -0.47% |
| Dec 31, 2015 | -0.54% |
| Dec 31, 2015 | -0.54% |
| Sep 30, 2015 | -0.40% |
| Sep 30, 2015 | -0.40% |
| Jun 30, 2015 | -1.40% |
| Jun 30, 2015 | -1.40% |
| Mar 31, 2015 | -0.69% |
| Mar 31, 2015 | -0.69% |
| Sep 30, 2014 | -1.77% |
| Sep 30, 2014 | -1.77% |
| Jun 30, 2014 | 4.01% |
| Jun 30, 2014 | 4.01% |