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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
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Genco Shipping & Trading (GNK) Tax Rate (2016)

Genco Shipping & Trading (GNK) has disclosed Tax Rate for 7 consecutive years, with 0.23% as the latest value for Q4 2016.

  • Quarterly Tax Rate rose 77.0% to 0.23% in Q4 2016 from the year-ago period, while the trailing twelve-month figure was 0.07% through Sep 2017, up 49.0% year-over-year, with the annual reading at 0.18% for FY2020, 25.0% up from the prior year.
  • Tax Rate for Q4 2016 was 0.23% at Genco Shipping & Trading, up from 1.54% in the prior quarter.
  • The five-year high for Tax Rate was 140.85% in Q1 2014, with the low at 1.77% in Q3 2014.
  • Average Tax Rate over 5 years is 9.36%, with a median of 0.54% recorded in 2015.
  • The sharpest move saw Tax Rate soared 14128bps in 2014, then tumbled -14154bps in 2015.
  • Over 5 years, Tax Rate stood at 0.25% in 2012, then plummeted by -582bps to 1.2% in 2013, then tumbled by -48bps to 1.77% in 2014, then soared by 69bps to 0.54% in 2015, then surged by 142bps to 0.23% in 2016.
  • According to Business Quant data, Tax Rate over the past three periods came in at 0.23%, 1.54%, and 0.09% for Q4 2016, Q3 2016, and Q2 2016 respectively.