GNK (Genco Shipping & Trading) Interest Expense: $-14.2 Mil (TTM As of Mar. 2026)


GNK Genco Shipping & Trading Ltd GNK
57 GF Score
Price $25.51
GF Value $16.99
Valuation Significantly Overvalued
! 14 Warning Signs
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What is Genco Shipping & Trading Interest Expense?

Genco Shipping & Trading GNK +4.94% 57 Interest Expense is $-14.2 Mil as of Mar. 2026. GuruFocus rates GNK with a GF Score™ of 57/100 and a GF Value™ of $16.99 (Significantly Overvalued). The stock has 14 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Genco Shipping & Trading's interest expense for the three months ended in Mar. 2026 was $ -4.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-14.2 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Genco Shipping & Trading's Operating Income for the three months ended in Mar. 2026 was $ 11.8 Mil. Genco Shipping & Trading's Interest Expense for the three months ended in Mar. 2026 was $ -4.5 Mil. Genco Shipping & Trading's Interest Coverage for the quarter that ended in Mar. 2026 was 2.62. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Genco Shipping & Trading  (NYSE:GNK) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Genco Shipping & Trading's Interest Expense for the three months ended in Mar. 2026 was $-4.5 Mil. Its Operating Income for the three months ended in Mar. 2026 was $11.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $324.5 Mil.

Genco Shipping & Trading's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*11.764/-4.498
=2.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Genco Shipping & Trading Interest Expense Historical Data

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The historical data trend for Genco Shipping & Trading's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Genco Shipping & Trading Interest Expense Chart

Genco Shipping & Trading Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.36 -9.09 -8.78 -13.30 -12.26

Genco Shipping & Trading Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.55 -2.56 -3.15 -4.00 -4.50
GNK
57GF Score
Genco Shipping & Trading Ltd GNK
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Genco Shipping & Trading Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-14.2 Mil mean?
Genco Shipping & Trading (GNK) has a Interest Expense of $-14.2 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Genco Shipping & Trading and its competitors.
Is Genco Shipping & Trading's Interest Expense too high?
Genco Shipping & Trading's current Interest Expense is $-14.2 Mil. Overall, Genco Shipping & Trading has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genco Shipping & Trading's Interest Expense compare to CCEC and GSL?
Genco Shipping & Trading's Interest Expense of $-14.2 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Transportation company?
A good Interest Expense depends on the Transportation industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Genco Shipping & Trading and its competitors. Genco Shipping & Trading's current Interest Expense is $-14.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genco Shipping & Trading stock overvalued right now?
Based on GuruFocus' analysis, Genco Shipping & Trading (GNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.99, compared to a current price of $25.51 — trading 50.1% above its estimated fair value. The current Interest Expense is $-14.2 Mil. Genco Shipping & Trading's overall GF Score™ is 57/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Genco Shipping & Trading (GNK), the current Interest Expense is $-14.2 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Genco Shipping & Trading (GNK) Overvalued in 2026?

Based on GuruFocus' analysis, Genco Shipping & Trading stock appears to be overvalued. The current stock price of $25.51 is trading 50.1% above its estimated GF Value™ of $16.99. GuruFocus considers Genco Shipping & Trading to be Significantly Overvalued.

Key valuation signals for GNK:

  • Interest Expense: $-14.2 Mil
  • GF Value™: $16.99 vs. price of $25.51 (50.1% above fair value)
  • GF Score™: 57/100 with 14 warning signs

No single metric tells the full story. See the GNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Genco Shipping & Trading Business Description

Other Exchanges GNU1:Germany
Address 299 Park Avenue, 12th Floor, New York, NY, USA, 10171
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, with two reportable segment: Major and Minor bulk fleet. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters. oyage revenues also include the sale of bunkers consumed during short-term time charters pursuant to the terms of the time charter agreement.
57GF Score

Get the complete analysis for GNK

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.51
Price
$16.99
GF Value