What is the debt of Genco Shipping & Trading this year?
Genco Shipping & Trading has a debt level of 143.63 USD this year.
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'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.
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.
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.
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.
Genco Shipping & Trading has a debt level of 143.63 USD this year.
The debt of Genco Shipping & Trading has increased by 34.48% compared to the previous year increased.
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.
Low debt means that Genco Shipping & Trading has a strong financial position and is able to fulfill its obligations without overburdening its finances.
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.
A reduction in debt of Genco Shipping & Trading can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Genco Shipping & Trading include investments, acquisitions, operating costs, and revenue development.
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.
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.
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.
The current dividend yield of Genco Shipping & Trading is 5.6 %.
Genco Shipping & Trading pays a quarterly dividend. This is distributed in the months of December, April, June, September.
Genco Shipping & Trading paid dividends every year for the past 9 years.
For the upcoming 12 months, dividends amounting to 1.02 USD are expected. This corresponds to a dividend yield of 6.04 %.
Genco Shipping & Trading is assigned to the 'Industry' sector.
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.
The last dividend was paid out on 8/26/2024.
In the year 2023, Genco Shipping & Trading distributed 2.74 USD as dividends.
The dividends of Genco Shipping & Trading are distributed in USD.
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.