Genco Shipping & Trading (FRA:GNU1) Scaled Net Operating Assets : 0.88 (As of Sep. 2024)

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What is Genco Shipping & Trading Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Genco Shipping & Trading's operating assets for the quarter that ended in Sep. 2024 was €899.0 Mil. Genco Shipping & Trading's operating liabilities for the quarter that ended in Sep. 2024 was €35.0 Mil. Genco Shipping & Trading's Total Assets for the quarter that ended in Jun. 2024 was €982.9 Mil. Therefore, Genco Shipping & Trading's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.88.

Genco Shipping & Trading Scaled Net Operating Assets Historical Data

The historical data trend for Genco Shipping & Trading's Scaled Net Operating Assets 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.

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Genco Shipping & Trading Scaled Net Operating Assets Chart

Genco Shipping & Trading Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

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0.83

0.63

0.92

0.96

0.88

Genco Shipping & Trading Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.91	0.95	0.91	0.89	0.88

Competitive Comparison of Genco Shipping & Trading's Scaled Net Operating Assets

For the Marine Shipping subindustry, Genco Shipping & Trading's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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's Scaled Net Operating Assets Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Genco Shipping & Trading's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Genco Shipping & Trading's Scaled Net Operating Assets falls into.

Genco Shipping & Trading Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Genco Shipping & Trading's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(1004.445	-	30.253)	/	1108.13
=	0.88

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1047.124	-	42.679
=	1004.445

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	208.394	-	176.036	-	2.105
=	30.253

Genco Shipping & Trading's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(899.048	-	34.979)	/	982.858
=	0.88

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	941.093	-	42.045
=	899.048

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	101.704	-	64.575	-	2.15
=	34.979

Genco Shipping & Trading Scaled Net Operating Assets Related Terms

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Genco Shipping & Trading Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Genco Shipping & Trading Ltd (FRA:GNU1) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

GNK:USA GNU1:Germany

Address

299 Park Avenue, 12th Floor, New York, NY, USA, 10171

Website

https://www.gencoshipping.com

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, the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters.

Genco Shipping & Trading Headlines

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