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Also traded in: Germany, USA

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.07
GNK's Cash to Debt is ranked lower than
82% of the 829 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.33 vs. GNK: 0.07 )
Ranked among companies with meaningful Cash to Debt only.
GNK' s Cash to Debt Range Over the Past 10 Years
Min: 0.04  Med: 0.16 Max: N/A
Current: 0.07
Equity to Asset 0.62
GNK's Equity to Asset is ranked higher than
78% of the 826 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.45 vs. GNK: 0.62 )
Ranked among companies with meaningful Equity to Asset only.
GNK' s Equity to Asset Range Over the Past 10 Years
Min: 0.23  Med: 0.38 Max: 0.75
Current: 0.62
0.23
0.75
F-Score: 3
Z-Score: -1.25
M-Score: -6.29
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) -162.22
GNK's Operating margin (%) is ranked lower than
96% of the 825 Companies
in the Global Shipping & Ports industry.

( Industry Median: 5.80 vs. GNK: -162.22 )
Ranked among companies with meaningful Operating margin (%) only.
GNK' s Operating margin (%) Range Over the Past 10 Years
Min: -162.22  Med: 49.32 Max: 70.7
Current: -162.22
-162.22
70.7
Net-margin (%) -191.19
GNK's Net-margin (%) is ranked lower than
96% of the 833 Companies
in the Global Shipping & Ports industry.

( Industry Median: 3.92 vs. GNK: -191.19 )
Ranked among companies with meaningful Net-margin (%) only.
GNK' s Net-margin (%) Range Over the Past 10 Years
Min: -191.19  Med: 21.36 Max: 57.61
Current: -191.19
-191.19
57.61
ROE (%) -23.31
GNK's ROE (%) is ranked lower than
89% of the 819 Companies
in the Global Shipping & Ports industry.

( Industry Median: 6.40 vs. GNK: -23.31 )
Ranked among companies with meaningful ROE (%) only.
GNK' s ROE (%) Range Over the Past 10 Years
Min: -23.31  Med: 13.13 Max: 21.89
Current: -23.31
-23.31
21.89
ROA (%) -15.08
GNK's ROA (%) is ranked lower than
93% of the 843 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.74 vs. GNK: -15.08 )
Ranked among companies with meaningful ROA (%) only.
GNK' s ROA (%) Range Over the Past 10 Years
Min: -15.08  Med: 4.75 Max: 11.89
Current: -15.08
-15.08
11.89
ROC (Joel Greenblatt) (%) -14.46
GNK's ROC (Joel Greenblatt) (%) is ranked lower than
90% of the 826 Companies
in the Global Shipping & Ports industry.

( Industry Median: 8.91 vs. GNK: -14.46 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
GNK' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -15.08  Med: 9.22 Max: 15.87
Current: -14.46
-15.08
15.87
Revenue Growth (3Y)(%) -24.50
GNK's Revenue Growth (3Y)(%) is ranked lower than
90% of the 715 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.20 vs. GNK: -24.50 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
GNK' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -100  Med: -5.8 Max: 269.3
Current: -24.5
-100
269.3
EPS Growth (3Y)(%) -5.20
GNK's EPS Growth (3Y)(%) is ranked lower than
69% of the 547 Companies
in the Global Shipping & Ports industry.

( Industry Median: 7.00 vs. GNK: -5.20 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
GNK' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -100  Med: -1.1 Max: 292.8
Current: -5.2
-100
292.8
» GNK's 10-Y Financials

Financials (Next Earnings Date: 2017-03-10)


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

GNK Guru Trades in Q4 2015

George Soros 747,838 sh (unchged)
Jim Simons 101,369 sh (unchged)
Arnold Schneider 225,380 sh (-0.76%)
Chuck Royce 431,064 sh (-29.46%)
» More
Q1 2016

GNK Guru Trades in Q1 2016

George Soros 747,838 sh (unchged)
Jim Simons Sold Out
Arnold Schneider 197,626 sh (-12.31%)
Chuck Royce 341,024 sh (-20.89%)
» More
Q2 2016

GNK Guru Trades in Q2 2016

George Soros 747,838 sh (unchged)
Arnold Schneider Sold Out
Chuck Royce 18,444 sh (-94.59%)
» More
Q3 2016

GNK Guru Trades in Q3 2016

George Soros 74,783 sh (unchged)
Chuck Royce Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with GNK

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Transportation & Logistics » Shipping & Ports
Compare:NYSE:NAO, NAS:SHIP, NAS:PXS, OTCPK:GTMAY, NYSE:GSL, OTCPK:ULTR, NAS:GLBS, NAS:TOPS, NAS:DRYS, OTCPK:TEUFF, OTCPK:ISHCQ, NYSE:SB, NAS:GASS, NYSE:NMM, NYSE:NM, NYSE:NAP, NAS:SBLK, NYSE:DSX, NAS:EGLE, NYSE:GNRT » details
Traded in other countries:G6S.Germany, GNKOQ.USA,
Genco Shipping & Trading Ltd transports iron ore, coal, grain, steel products and other drybulk cargoes along shipping routes through the ownership and operation of drybulk carrier vessels.

Genco Shipping & Trading Ltd a New York City-based company, incorporated in the Marshall Islands in 2004. The Company transport iron ore, coal, grain, steel products and other drybulk cargoes along with shipping routes through the ownership and operation of drybulk carrier vessels. Excluding vessels of Baltic Trading Limited, its fleet currently consists of 53 drybulk carriers, including nine Capesize, eight Panamax, 17 Supramax, six Handymax and 13 Handysize drybulk carriers, with an aggregate carrying capacity of approximately 3,810,000 deadweight tons. The Company has two reportable segments, GS&T and Baltic Trading, which are both engaged in the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels. All of the vessels in its fleet were built in shipyards with reputations for constructing high-quality vessels. Excluding Baltic Trading, 36 of the vessels in its fleet are currently on spot market-related time charters and 12 are on fixed-rate time charter contracts. Additionally, five of the vessels in the Companys fleet are operating in vessel pools. Under a pool arrangement, the vessels operate under a time charter agreement whereby the cost of bunkers and port expenses are borne by the pool and operating costs including crews, maintenance and insurance are typically paid by the owner of the vessel. The Companys vessels are chartered to well-known charterers, including Cargill International S.A. (Cargill), Swissmarine Services S.A. (Swissmarine), Pacific Basin Chartering Ltd. (Pacbasin), Klaveness Chartering (Klaveness) and Lauritzen Bulkers A/S or LB/IVS Pool, in which Lauritzen Bulkers A/S acts as the pool manager (collectively, Lauritzen Bulkers). In addition, Baltic Tradings fleet currently consists of four Capesize, four Supramax and five Handysize drybulk carriers with an aggregate carrying capacity of approximately 1,095,000 dwt. After the expected delivery of four Ultramax newbuilding vessels that Baltic Trading has agreed to acquire, Baltic Trading will own a fleet of 17 drybulk vessels, consisting of four Capesize, four Ultramax, four Supramax and five Handysize vessels with a total carrying capacity of approximately 1,351,000 dwt. The Company generally charter its vessels to trading houses (including commodities traders), producers and government-owned entities rather than to more speculative or undercapitalized entities. The Companys customers include national, regional and international companies, such as Lauritzen Bulkers, Cargill, Pacbasin, Klaveness and Swissmarine. It competes with other owners of drybulk carriers in the Capesize, Panamax, Supramax, Handymax and Handysize class sectors, some of whom may also charter its vessels as customers.

Ratios

vs
industry
vs
history
P/B 0.06
GNK's P/B is ranked higher than
99% of the 800 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.17 vs. GNK: 0.06 )
Ranked among companies with meaningful P/B only.
GNK' s P/B Range Over the Past 10 Years
Min: 0.04  Med: 0.38 Max: 4.93
Current: 0.06
0.04
4.93
P/S 0.41
GNK's P/S is ranked higher than
72% of the 806 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.98 vs. GNK: 0.41 )
Ranked among companies with meaningful P/S only.
GNK' s P/S Range Over the Past 10 Years
Min: 0.13  Med: 0.9 Max: 12.27
Current: 0.41
0.13
12.27
Shiller P/E 1.26
GNK's Shiller P/E is ranked higher than
97% of the 213 Companies
in the Global Shipping & Ports industry.

( Industry Median: 20.45 vs. GNK: 1.26 )
Ranked among companies with meaningful Shiller P/E only.
GNK' s Shiller P/E Range Over the Past 10 Years
Min: 0.64  Med: 0.9 Max: 1.39
Current: 1.26
0.64
1.39
Current Ratio 0.16
GNK's Current Ratio is ranked lower than
97% of the 823 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.18 vs. GNK: 0.16 )
Ranked among companies with meaningful Current Ratio only.
GNK' s Current Ratio Range Over the Past 10 Years
Min: 0.07  Med: 2.48 Max: 16.12
Current: 0.16
0.07
16.12
Quick Ratio 0.14
GNK's Quick Ratio is ranked lower than
97% of the 823 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.10 vs. GNK: 0.14 )
Ranked among companies with meaningful Quick Ratio only.
GNK' s Quick Ratio Range Over the Past 10 Years
Min: 0.07  Med: 2.48 Max: 16.12
Current: 0.14
0.07
16.12
Days Inventory 29.52
GNK's Days Inventory is ranked lower than
72% of the 645 Companies
in the Global Shipping & Ports industry.

( Industry Median: 11.74 vs. GNK: 29.52 )
Ranked among companies with meaningful Days Inventory only.
GNK' s Days Inventory Range Over the Past 10 Years
Min: 17.22  Med: 29.36 Max: 33.03
Current: 29.52
17.22
33.03
Days Sales Outstanding 28.11
GNK's Days Sales Outstanding is ranked higher than
68% of the 596 Companies
in the Global Shipping & Ports industry.

( Industry Median: 42.95 vs. GNK: 28.11 )
Ranked among companies with meaningful Days Sales Outstanding only.
GNK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.29  Med: 7.15 Max: 31.59
Current: 28.11
1.29
31.59
Days Payable 13.30
GNK's Days Payable is ranked lower than
84% of the 490 Companies
in the Global Shipping & Ports industry.

( Industry Median: 36.99 vs. GNK: 13.30 )
Ranked among companies with meaningful Days Payable only.
GNK' s Days Payable Range Over the Past 10 Years
Min: 13.3  Med: 19.9 Max: 46.45
Current: 13.3
13.3
46.45

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -18.10
GNK's 3-Year Average Share Buyback Ratio is ranked lower than
81% of the 403 Companies
in the Global Shipping & Ports industry.

( Industry Median: -2.70 vs. GNK: -18.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
GNK' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -28.8  Med: -7.8 Max: -4.8
Current: -18.1
-28.8
-4.8

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.06
GNK's Price/Tangible Book is ranked higher than
99% of the 743 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.21 vs. GNK: 0.06 )
Ranked among companies with meaningful Price/Tangible Book only.
GNK' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.05  Med: 0.46 Max: 4.31
Current: 0.06
0.05
4.31
Price/Median PS Value 0.47
GNK's Price/Median PS Value is ranked lower than
99.99% of the 679 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.05 vs. GNK: 0.47 )
Ranked among companies with meaningful Price/Median PS Value only.
GNK' s Price/Median PS Value Range Over the Past 10 Years
Min: 0  Med: 1 Max: 11.91
Current: 0.47
0
11.91
Earnings Yield (Greenblatt) (%) -39.32
GNK's Earnings Yield (Greenblatt) (%) is ranked lower than
95% of the 833 Companies
in the Global Shipping & Ports industry.

( Industry Median: 5.50 vs. GNK: -39.32 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
GNK' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: -39.41  Med: 9.7 Max: 25.2
Current: -39.32
-39.41
25.2
Forward Rate of Return (Yacktman) (%) -780.88
GNK's Forward Rate of Return (Yacktman) (%) is ranked lower than
99% of the 470 Companies
in the Global Shipping & Ports industry.

( Industry Median: 3.95 vs. GNK: -780.88 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
GNK' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -780.9  Med: -229.5 Max: -24.9
Current: -780.88
-780.9
-24.9

More Statistics

Revenue (TTM) (Mil) $126.7
EPS (TTM) $ -33.36
Short Percentage of Float14.16%
52-Week Range $3.62 - 17.80
Shares Outstanding (Mil)7.35

Analyst Estimate

Dec16 Dec17
Revenue (Mil $) 121 139
EPS ($) -17.48 -3.40
EPS w/o NRI ($) -17.48 -3.40
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($)
» More Articles for GNK

Headlines

Articles On GuruFocus.com
Insiders Buy Cheniere Energy, Sell Travelport, Sabre Nov 13 2015 
Short Thesis Part Three - Genco Shipping and Trading Ready to Sink (GNK) Dec 03 2013 
Short Thesis Part Two - Genco Shipping and Trading Ready to Sink (GNK) Nov 14 2013 
Four Sellouts by Oaktree Capital Nov 11 2013 
Short Thesis - Genco Shipping and Trading Ready to Sink Oct 31 2013 
Oaktree's Howard Marks Increases Stake in Star Bulk Carrier to 21.9% Oct 09 2013 
Short Squeeze among Dry Bulk Shippers? Feb 14 2012 
Howard Marks' Low P/E Picks – Bullish on Brazil Oil and Steel Growth Jan 13 2012 
Genco Shipping & Trading Ltd. Reports Operating Results (10-K) Mar 10 2011 
Diana Shipping Inc: Industry’s Best in Class Poised for Success Feb 25 2011 

More From Other Websites
Edited Transcript of GNK earnings conference call or presentation 3-Nov-16 12:30pm GMT Nov 28 2016
These 3 FTSE 250 stars are too cheap to miss! Nov 28 2016
Dry Bulk Bubble Bursts: DryShips Sinks as Trading Resumes Nov 17 2016
'Shipping Gets Weird': Shares Surge as Analysts Struggle for Explanations Nov 16 2016
Genco Shipping & Trading Limited Announces Closing of $400 Million Credit Facility and $125 million... Nov 15 2016
GENCO SHIPPING & TRADING LTD Files SEC form 8-K, Entry into a Material Definitive Agreement,... Nov 15 2016
Genco Shipping & Trading Limited Announces Closing of $400 Million Credit Facility and $125 million... Nov 15 2016
GENCO SHIPPING & TRADING LTD Financials Nov 11 2016
GENCO SHIPPING & TRADING LTD Files SEC form 10-Q, Quarterly Report Nov 04 2016
Genco Shipping & Trading Ltd. :GNK-US: Earnings Analysis: Q3, 2016 By the Numbers : November 4, 2016 Nov 04 2016
Genco Shipping & Trading Ltd Earnings Call scheduled for 8:30 am ET today Nov 03 2016
Genco Shipping reports 3Q loss Nov 03 2016
Genco Shipping reports 3Q loss Nov 03 2016
Genco Shipping & Trading Limited Announces Third Quarter Financial Results Nov 02 2016
GENCO SHIPPING & TRADING LTD Files SEC form 8-K, Results of Operations and Financial Condition,... Nov 02 2016
Genco Shipping & Trading Limited Announces Third Quarter Financial Results Nov 02 2016
Q3 2016 Genco Shipping & Trading Ltd Earnings Release - After Market Close Nov 02 2016
Shipping Stock Q3 Earnings to Watch on Nov 2: ASC, GNK, KNOP Nov 01 2016
GENCO SHIPPING & TRADING LTD Files SEC form 8-K, Entry into a Material Definitive Agreement, Results... Oct 27 2016
Genco Shipping & Trading Limited Announces Equity Private Placement Oct 27 2016

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