Genco Shipping & Trading Stock

Genco Shipping & Trading ROE 2024

Genco Shipping & Trading ROE

-0.01

Ticker

GNK

ISIN

MHY2685T1313

WKN

A2ANH9

In 2024, Genco Shipping & Trading's return on equity (ROE) was -0.01, a -108.6% increase from the 0.16 ROE 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.

ROE Details

Decoding Genco Shipping & Trading's Return on Equity (ROE)

Genco Shipping & Trading's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Genco Shipping & Trading's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Genco Shipping & Trading's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Genco Shipping & Trading’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Genco Shipping & Trading stock

What is the ROE (Return on Equity) of Genco Shipping & Trading this year?

The ROE of Genco Shipping & Trading this year is -0.01 undefined.

How has the Return on Equity (ROE) of Genco Shipping & Trading developed compared to the previous year?

The ROE of Genco Shipping & Trading has increased by -108.6% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Genco Shipping & Trading?

A high ROE indicates that Genco Shipping & Trading generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Genco Shipping & Trading?

A low ROE can indicate that Genco Shipping & Trading is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Genco Shipping & Trading affect the company?

A change in ROE (Return on Equity) of Genco Shipping & Trading can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Genco Shipping & Trading?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Genco Shipping & Trading?

Some factors that can influence Genco Shipping & Trading's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 5.71 %. 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 5.71 %.

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 6.16 %.

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.