Genco Shipping & Trading Stock

Genco Shipping & Trading Debt 2024

Genco Shipping & Trading Debt

143.63 USD

Ticker

GNK

ISIN

MHY2685T1313

WKN

A2ANH9

In 2024, Genco Shipping & Trading's total debt was 143.63 USD, a 34.48% change from the 106.8 USD total debt recorded in the previous year.

Genco Shipping & Trading Aktienanalyse

What does Genco Shipping & Trading do?

Genco Shipping & Trading Ltd is a leading company in the field of international shipping and trading services. The company was founded in New York in 2005 and has since developed into a global player. Genco focuses on the transportation of energy raw materials such as coal, iron ore, coke and steel, grains, and other bulk commodities. Genco has a fleet of modern and efficient vessels that serve the constantly increasing demand for global trade. The company is committed to providing its customers with top-class services and places great importance on safety, quality, and environmental protection. Genco operates its business in three main areas: time charter, spot charter, and trading. The time charter segment offers customers the opportunity to charter vessels on a long-term basis, thereby increasing planning security. The spot charter involves short-term chartering of vessels to be able to react promptly to changing market situations. In the trading business, Genco buys and sells vessels and commodities to offer financial and risk management services. Genco is a key player in the global shipping industry and has earned a good reputation as a reliable and efficient provider of maritime transport services. The company strives to maintain and expand its leading position in the competitive market of international shipping. Genco leverages state-of-the-art technology to optimize the operation of its fleet and ensure maximum efficiency. In recent years, the company has deliberately modernized its fleet and embraced the use of environmentally friendly technologies such as LNG, ballast water treatment systems, and exhaust gas cleaning technologies. Genco is a significant player in the global shipping market and offers its customers a wide range of services. The product range extends from pure transportation services to complex financial and risk management services. In addition to its transportation services, Genco also provides services in the area of ship management and operation. The company can draw on extensive experience in ship management and offers its customers a wide range of services, including technical monitoring and repairs, crew management, insurance, and legal services. Genco is committed to providing its customers with the best possible services to meet their individual requirements. The company works closely with its customers to provide customized solutions that meet their needs. In summary, Genco Shipping & Trading Ltd is a leading provider of services in the field of international shipping and trade. With a modern fleet and a wide range of services, the company offers its customers top-class services and distinguishes itself through high quality, efficiency, and environmental consciousness. The company works closely with its customers to develop individual solutions and maintain its leading position in the shipping industry. Genco Shipping & Trading ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Genco Shipping & Trading's Debt Structure

Genco Shipping & Trading's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Genco Shipping & Trading's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Genco Shipping & Trading’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Genco Shipping & Trading’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Genco Shipping & Trading stock

What is the debt of Genco Shipping & Trading this year?

Genco Shipping & Trading has a debt level of 143.63 USD this year.

What was the debt of Genco Shipping & Trading compared to the previous year?

The debt of Genco Shipping & Trading has increased by 34.48% compared to the previous year increased.

What are the consequences of high debt for investors in Genco Shipping & Trading?

High debt can pose a risk for investors of Genco Shipping & Trading, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Genco Shipping & Trading?

Low debt means that Genco Shipping & Trading has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Genco Shipping & Trading affect the company?

An increase in debt of Genco Shipping & Trading can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Genco Shipping & Trading affect the company?

A reduction in debt of Genco Shipping & Trading can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Genco Shipping & Trading?

Some factors that can influence the debt of Genco Shipping & Trading include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Genco Shipping & Trading so important for investors?

The debts of Genco Shipping & Trading are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Genco Shipping & Trading take to change the debt?

To change the debt, Genco Shipping & Trading can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Genco Shipping & Trading pay?

Over the past 12 months, Genco Shipping & Trading paid a dividend of 0.95 USD . This corresponds to a dividend yield of about 5.6 %. For the coming 12 months, Genco Shipping & Trading is expected to pay a dividend of 1.02 USD.

What is the dividend yield of Genco Shipping & Trading?

The current dividend yield of Genco Shipping & Trading is 5.6 %.

When does Genco Shipping & Trading pay dividends?

Genco Shipping & Trading pays a quarterly dividend. This is distributed in the months of December, April, June, September.

How secure is the dividend of Genco Shipping & Trading?

Genco Shipping & Trading paid dividends every year for the past 9 years.

What is the dividend of Genco Shipping & Trading?

For the upcoming 12 months, dividends amounting to 1.02 USD are expected. This corresponds to a dividend yield of 6.04 %.

In which sector is Genco Shipping & Trading located?

Genco Shipping & Trading is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Genco Shipping & Trading kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Genco Shipping & Trading from 8/26/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 8/19/2024.

When did Genco Shipping & Trading pay the last dividend?

The last dividend was paid out on 8/26/2024.

What was the dividend of Genco Shipping & Trading in the year 2023?

In the year 2023, Genco Shipping & Trading distributed 2.74 USD as dividends.

In which currency does Genco Shipping & Trading pay out the dividend?

The dividends of Genco Shipping & Trading are distributed in USD.

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Andere Kennzahlen von Genco Shipping & Trading

Our stock analysis for Genco Shipping & Trading Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Genco Shipping & Trading Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.