Genco Shipping Net Worth
Genco Shipping Net Worth Breakdown | GNK |
Genco Shipping Net Worth Analysis
Genco Shipping's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Genco Shipping's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Genco Shipping's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Genco Shipping's net worth analysis. One common approach is to calculate Genco Shipping's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Genco Shipping's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Genco Shipping's net worth. This approach calculates the present value of Genco Shipping's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Genco Shipping's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Genco Shipping's net worth. This involves comparing Genco Shipping's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Genco Shipping's net worth relative to its peers.
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To determine if Genco Shipping is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Genco Shipping's net worth research are outlined below:
| The company reported the last year's revenue of 383.82 M. Reported Net Loss for the year was (12.87 M) with profit before taxes, overhead, and interest of 256.45 M. | |
| About 59.0% of the company shares are owned by institutional investors | |
| On 30th of May 2024 Genco Shipping paid $ 0.42 per share dividend to its current shareholders | |
| Latest headline from globenewswire.com: Genco Shipping Trading Shareholders Overwhelmingly Re-Elect All Genco Director Nominees at the 2024 Annual Meeting |
Genco Shipping uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Genco Shipping Trading. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Genco Shipping's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Genco Shipping's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Genco Shipping is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Genco Shipping Trading backward and forwards among themselves. Genco Shipping's institutional investor refers to the entity that pools money to purchase Genco Shipping's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Ion Asset Management Ltd. | 2024-03-31 | 540 K | Renaissance Technologies Corp | 2023-12-31 | 511 K | Bridgeway Capital Management, Llc | 2024-03-31 | 456.2 K | Goldman Sachs Group Inc | 2023-12-31 | 400.1 K | Northern Trust Corp | 2023-12-31 | 384.2 K | Charles Schwab Investment Management Inc | 2024-03-31 | 362.6 K | Two Sigma Investments Llc | 2024-03-31 | 360.4 K | Ubs Group Ag | 2023-12-31 | 357.8 K | Empowered Funds, Llc | 2023-12-31 | 341.8 K | Blackrock Inc | 2023-12-31 | 3.6 M | Dimensional Fund Advisors, Inc. | 2024-03-31 | 2.8 M |
Follow Genco Shipping's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 962.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Genco Shipping's market, we take the total number of its shares issued and multiply it by Genco Shipping's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Project Genco Shipping's profitablity
Genco Shipping's profitability indicators refer to fundamental financial ratios that showcase Genco Shipping's ability to generate income relative to its revenue or operating costs. If, let's say, Genco Shipping is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Genco Shipping's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Genco Shipping's profitability requires more research than a typical breakdown of Genco Shipping's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | 0.03 | 0.04 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.01) |
When accessing Genco Shipping's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Genco Shipping's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Genco Shipping's profitability and make more informed investment decisions.
The data published in Genco Shipping's official financial statements usually reflect Genco Shipping's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Genco Shipping Trading. For example, before you start analyzing numbers published by Genco accountants, it's critical to develop an understanding of what Genco Shipping's liquidity, profitability, and earnings quality are in the context of the Marine Transportation space in which it operates.
Please note, the presentation of Genco Shipping's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Genco Shipping's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Genco Shipping's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Genco Shipping Trading. Please utilize our Beneish M Score to check the likelihood of Genco Shipping's management manipulating its earnings.
Evaluate Genco Shipping's management efficiency
Genco Shipping Trading has Return on Asset of 0.0301 % which means that on every $100 spent on assets, it made $0.0301 of profit. This is way below average. Genco Shipping's management efficiency ratios could be used to measure how well Genco Shipping manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.04 this year, although the value of Return On Tangible Assets are projected to rise to (0.01). At this time, Genco Shipping's Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Other is expected to rise to about 6.9 M this year, although the value of Total Current Liabilities will most likely fall to about 33.5 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 21.35 | 20.29 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 21.39 | 20.32 | |
| Enterprise Value Over EBITDA | 8.36 | 7.94 | |
| Price Book Value Ratio | 0.78 | 1.06 | |
| Enterprise Value Multiple | 8.36 | 7.94 | |
| Price Fair Value | 0.78 | 1.06 | |
| Enterprise Value | 857.2 M | 1 B |
The analysis of Genco Shipping's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Genco Shipping's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Genco Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue 2.6727 | Revenue 406.9 M | Quarterly Revenue Growth 0.244 | Revenue Per Share 9.498 | Return On Equity 0.004 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Genco Shipping insiders, such as employees or executives, is commonly permitted as long as it does not rely on Genco Shipping's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Genco Shipping insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Arthur Regan over two weeks ago Disposition of 1400 shares by Arthur Regan of Genco Shipping at 22.8601 subject to Rule 16b-3 | ||
Basil Mavroleon over a month ago Acquisition by Basil Mavroleon of 129 shares of Genco Shipping subject to Rule 16b-3 | ||
James Dolphin over two months ago Acquisition by James Dolphin of 295 shares of Genco Shipping subject to Rule 16b-3 | ||
Arthur Regan over two months ago Acquisition by Arthur Regan of 106 shares of Genco Shipping subject to Rule 16b-3 | ||
Apostolos Zafolias over a year ago Exercise or conversion by Apostolos Zafolias of 3578 shares of Genco Shipping subject to Rule 16b-3 |
Genco Shipping Corporate Filings
F4 | 31st of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 24th of May 2024 An amendment to the original Schedule 13D filing | ViewVerify |
8K | 23rd of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 17th of May 2024 Other Reports | ViewVerify |
Genco Shipping Earnings per Share Projection vs Actual
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Genco Shipping Corporate Directors
Genco Shipping corporate directors refer to members of a Genco Shipping board of directors. The board of directors generally takes responsibility for the Genco Shipping's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Genco Shipping's board members must vote for the resolution. The Genco Shipping board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Christoph Majeske | Independent Director | Profile | |
| Jason Scheir | Independent Director | Profile | |
| Kevin Mahony | Director | Profile | |
| Basil Mavroleon | Independent Director | Profile |
How to buy Genco Stock?
The net worth of Genco Shipping Trading is the difference between its total assets and liabilities. Genco Shipping's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Genco Shipping's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Genco Shipping's net worth can be used as a measure of its financial health and stability which can help investors to decide if Genco Shipping is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Genco Shipping Trading stock.Already Invested in Genco Shipping Trading?
The danger of trading Genco Shipping Trading is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Genco Shipping is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Genco Shipping. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Genco Shipping Trading is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Genco Shipping Trading is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genco Shipping Trading Stock. Highlighted below are key reports to facilitate an investment decision about Genco Shipping Trading Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genco Shipping Trading. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Genco Stock analysis
When running Genco Shipping's price analysis, check to measure Genco Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genco Shipping is operating at the current time. Most of Genco Shipping's value examination focuses on studying past and present price action to predict the probability of Genco Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genco Shipping's price. Additionally, you may evaluate how the addition of Genco Shipping to your portfolios can decrease your overall portfolio volatility.
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Is Genco Shipping's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.167 | Dividend Share 1.13 | Earnings Share 0.07 | Revenue Per Share 9.498 | Quarterly Revenue Growth 0.244 |
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.