Genco Shipping & Trading (Genco Shipping & Trading) Total Liabilities : $201.2 Mil (As of Mar. 2024)

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What is Genco Shipping & Trading Total Liabilities?

Genco Shipping & Trading's Total Liabilities for the quarter that ended in Mar. 2024 was $201.2 Mil.

Genco Shipping & Trading's quarterly Total Liabilities increased from Sep. 2023 ($178.61 Mil) to Dec. 2023 ($227.26 Mil) but then declined from Dec. 2023 ($227.26 Mil) to Mar. 2024 ($201.18 Mil).

Genco Shipping & Trading's annual Total Liabilities declined from Dec. 2021 ($286.33 Mil) to Dec. 2022 ($205.56 Mil) but then increased from Dec. 2022 ($205.56 Mil) to Dec. 2023 ($227.26 Mil).

Genco Shipping & Trading Total Liabilities Historical Data

The historical data trend for Genco Shipping & Trading's Total Liabilities 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 Total Liabilities Chart

Genco Shipping & Trading Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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550.46

487.82

286.33

205.56

227.26

Genco Shipping & Trading Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															194.32	180.45	178.61	227.26	201.18

Genco Shipping & Trading Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Genco Shipping & Trading's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	35.286	+	(191.97	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	227.3

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	1141.902	-	914.646
	=	227.3

Genco Shipping & Trading's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	39.3	+	(161.876	+	-2.8421709430404E-14
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	201.2

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	1117.806	-	916.63
	=	201.2

Genco Shipping & Trading Total Liabilities Related Terms

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Genco Shipping & Trading (Genco Shipping & Trading) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Genco Shipping & Trading Ltd (OTCPK:GNKOQ) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

GNK:USA GNU1:Germany 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.