Genco Shipping & Trading Limited (GNK)

Genco Shipping & Trading Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	94.61	55.54	43.69	46.54	58.14	114.57
Trading Asset Securities	-	-	-	0.57	6.31	-
Cash & Short-Term Investments	94.61	55.54	43.69	47.11	64.45	114.57
Cash Growth	5.18%	27.12%	-7.27%	-26.90%	-43.74%	-20.36%
Accounts Receivable	23.99	14.28	21.38	17.82	25.33	20.12
Other Receivables	-	0.94	0.7	1.4	1.18	2.35
Receivables	23.99	15.23	22.07	19.22	26.51	22.47
Inventory	28.97	25.19	22.23	26.75	21.6	24.56
Prepaid Expenses	13.83	7.78	6.38	4.81	3.1	3.11
Restricted Cash	-	-	0.32	-	5.64	5.64
Other Current Assets	-	5.33	3.3	59.38	4.12	4.48
Total Current Assets	161.39	109.06	97.99	157.27	125.43	174.83
Property, Plant & Equipment	1,113	952.07	928.56	954.81	1,015	993.87
Long-Term Investments	-	-	-	-	0.42	1.17
Long-Term Deferred Charges	58.54	62.39	30.05	29.5	32.25	14.28
Other Long-Term Assets	-	14.59	-	0.32	0.32	18.86
Total Assets	1,333	1,138	1,057	1,142	1,174	1,203

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	19.73	18.64	17.48	10.65	16.16	9.4
Accrued Expenses	22.96	18.2	17.01	13.6	13.31	20.56
Current Portion of Leases	-	-	1.5	2.3	2.11	1.86
Current Unearned Revenue	19.88	8.83	4.67	8.75	4.96	10.08
Total Current Liabilities	62.56	45.67	40.66	35.29	36.54	41.9
Long-Term Debt	370.16	189.08	82.18	190.17	164.92	238.23
Long-Term Leases	5.77	5.54	5.54	1.8	4.1	6.2
Total Liabilities	438.5	240.29	128.37	227.26	205.56	286.33

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.44	0.43	0.43	0.43	0.42	0.42
Additional Paid-In Capital	1,398	1,465	1,491	1,553	1,589	1,702
Retained Earnings	-505.12	-569.08	-564.72	-641.12	-628.25	-786.82
Comprehensive Income & Other	-	-	-	0.53	6.48	0.83
Total Common Equity	893.09	896.48	926.74	913.26	967.43	916.59
Minority Interest	1.03	1.34	1.49	1.39	0.88	0.09
Shareholders' Equity	894.12	897.82	928.23	914.65	968.31	916.68
Total Liabilities & Equity	1,333	1,138	1,057	1,142	1,174	1,203

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	375.94	194.62	89.22	194.27	171.12	246.29
Net Cash (Debt)	-281.33	-139.08	-45.53	-147.15	-106.67	-131.72
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.35	-3.21	-1.04	-3.44	-2.49	-3.09
Filing Date Shares Outstanding	43.59	43.32	42.76	42.73	42.33	41.96
Total Common Shares Outstanding	43.59	43.24	42.76	42.55	42.33	41.92
Working Capital	98.83	63.4	57.33	121.99	88.89	132.94
Book Value Per Share	20.49	20.73	21.67	21.46	22.86	21.86
Tangible Book Value	893.09	896.48	926.74	913.26	967.43	916.59
Tangible Book Value Per Share	20.49	20.73	21.67	21.46	22.86	21.86
Machinery	1,509	1,330	1,253	1,255	1,319	1,244
Leasehold Improvements	-	1.85	1.58	1.59	1.58	1.39

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 6, 2026

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