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Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
Genco Shipping & Trading (NYSE:GNK) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of Jun. 2026, Genco Shipping & Trading has a Sloan Ratio of 13.87%, indicating there is a warning stage of accrual build up.
Genco Shipping & Trading Sloan Ratio % Related Terms
Genco Shipping & Trading Sloan Ratio % Historical Data
* 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.
For the Marine Shipping subindustry, Genco Shipping & Trading's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Genco Shipping & Trading Sloan Ratio % vs Transportation Industry
For the Transportation industry and Industrials sector, Genco Shipping & Trading's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Genco Shipping & Trading's Sloan Ratio % falls into.
Genco Shipping & Trading Sloan Ratio % Calculation
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Genco Shipping & Trading's Sloan Ratio for the fiscal year that ended in Dec. 2025 is calculated as
Genco Shipping & Trading's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was -1.053 (Sep. 2025 ) + 15.411 (Dec. 2025 ) + 9.309 (Mar. 2026 ) + 16.649 (Jun. 2026 ) = $40.3 Mil.
Genco Shipping & Trading's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was 7.69 (Sep. 2025 ) + 15.897 (Dec. 2025 ) + 15.692 (Mar. 2026 ) + 33.246 (Jun. 2026 ) = $72.5 Mil.
Genco Shipping & Trading's Cash Flow from Investing for the trailing twelve months (TTM) ended in Jun. 2026 was -11.095 (Sep. 2025 ) + -73.815 (Dec. 2025 ) + -123.317 (Mar. 2026 ) + 1.11 (Jun. 2026 ) = $-207.1 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.
Genco Shipping & Trading (GNK) has a Sloan Ratio % of 13.87% as of Jun. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Genco Shipping & Trading and its competitors.
Is Genco Shipping & Trading's Sloan Ratio % too high?
Genco Shipping & Trading's current Sloan Ratio % is 13.87%. Overall, Genco Shipping & Trading has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genco Shipping & Trading's Sloan Ratio % compare to CCEC and SB?
Genco Shipping & Trading's Sloan Ratio % of 13.87% 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 Sloan Ratio % for a Transportation company?
A good Sloan Ratio % depends on the Transportation industry context. However, Sloan Ratio % 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 Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Genco Shipping & Trading and its competitors. Genco Shipping & Trading's current Sloan Ratio % is 13.87%. 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 $19.99, compared to a current price of $27.29 — trading 36.5% above its estimated fair value. The current Sloan Ratio % is 13.87%. Genco Shipping & Trading's overall GF Score™ is 61/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Genco Shipping & Trading (GNK), the current Sloan Ratio % is 13.87% as of Jun. 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 $27.29 is trading 36.5% above its estimated GF Value™ of $19.99.
GuruFocus considers Genco Shipping & Trading to be Significantly Overvalued.
Key valuation signals for GNK:
Sloan Ratio %: 13.87%
GF Value™: $19.99 vs. price of $27.29 (36.5% above fair value)
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 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.
61GF Score
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Sloan Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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