Genco Shipping & Trading Limited (GNK)

Solvency & Capital Structure

Total Debt

$5.62B

Net Debt

-$49.15B

Genco Shipping & Trading Limited currently has $5.62B in total debt. Net debt is -$49.15B after cash offsets. This 'Net Cash' position indicates exceptional financial strength.

Financial Fundamentals

GNK • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	5.62	54.77	-49.15Net Cash	1251.99	0.4%
2025-12-31	0.20	0.06	0.14	1.14	17.6%
2025-09-30	0.16	0.09	0.07	1.11	14.8%
2025-06-30	0.10	0.04	0.06	1.04	9.5%
2025-03-31	0.09	0.03	0.06	1.04	8.6%
2024-12-31	0.09	0.04	0.05	1.06	8.4%
2024-09-30	0.07	0.05	0.03	1.04	7.1%
2024-06-30	0.10	0.04	0.06	1.06	9.4%
2024-03-31	0.16	0.05	0.12	1.12	14.7%
2023-12-31	0.19	0.05	0.15	1.14	17.0%
2023-09-30	0.14	0.05	0.10	1.09	13.2%
2023-06-30	0.15	0.05	0.11	1.14	13.5%
2023-03-31	0.16	0.04	0.12	1.14	14.2%
2022-12-31	0.17	0.06	0.11	1.17	14.6%
2022-09-30	0.18	0.07	0.11	1.21	14.9%
2022-06-30	0.19	0.04	0.14	1.19	15.9%
2022-03-31	0.20	0.04	0.15	1.17	16.9%
2021-12-31	0.25	0.11	0.13	1.20	20.5%
2021-09-30	0.31	0.08	0.23	1.18	25.9%
2021-06-30	0.37	0.12	0.25	1.18	31.2%
2021-03-31	0.40	0.12	0.28	1.18	34.0%
2020-12-31	0.45	0.14	0.31	1.23	36.5%
2020-09-30	0.48	0.14	0.34	1.32	36.1%
2020-06-30	0.49	0.13	0.37	1.35	36.4%
2020-03-31	0.49	0.13	0.35	1.38	35.3%
2019-12-31	0.49	0.16	0.34	1.53	32.3%
2019-09-30	0.52	0.17	0.35	1.56	33.1%
2019-06-30	0.51	0.17	0.35	1.56	32.7%
2019-03-31	0.53	0.19	0.34	1.61	33.1%
2018-12-31	0.54	0.20	0.34	1.63	33.1%
2018-09-30	0.55	0.17	0.39	1.63	34.0%
2018-06-30	0.45	0.27	0.18	1.51	29.6%
2018-03-31	0.50	0.17	0.33	1.45	34.7%
2017-12-31	0.52	0.17	0.34	1.52	34.1%
2017-09-30	0.52	0.15	0.37	1.52	34.2%
2017-06-30	0.52	0.15	0.37	1.54	33.6%
2017-03-31	0.52	0.14	0.38	1.55	33.3%
2016-12-31	0.51	0.13	0.38	1.57	32.8%
2016-09-30	0.54	0.04	0.50	1.49	36.3%
2016-06-30	0.55	0.06	0.50	1.53	36.3%
2016-03-31	0.56	0.08	0.49	1.64	34.2%
2015-12-31	0.59	0.12	0.47	1.72	34.2%
2015-09-30	0.46	0.04	0.42	1.65	28.1%
2015-06-30	0.45	0.06	0.39	1.67	26.9%
2015-03-31	0.44	0.07	0.37	1.69	25.7%
2014-12-31	0.43	0.08	0.35	1.75	24.6%
2014-09-30	0.41	0.11	0.30	1.93	21.0%
2014-06-30	1.59	0.06	1.53	2.83	56.3%
2014-03-31	1.59	0.09	1.50	2.90	54.9%
2013-12-31	1.60	0.12	1.48	2.96	54.1%
2013-09-30	1.55	0.11	1.44	2.84	54.8%
2013-06-30	1.53	0.07	1.46	2.78	55.1%
2013-03-31	1.53	0.06	1.47	2.80	54.5%
2012-12-31	1.53	0.07	1.45	2.84	53.7%
2012-09-30	1.52	0.10	1.43	2.89	52.6%
2012-06-30	1.67	0.26	1.41	3.07	54.3%
2012-03-31	1.68	0.26	1.42	3.12	53.8%
2011-12-31	1.69	0.23	1.47	3.12	54.3%
2011-09-30	1.76	0.29	1.46	3.18	55.2%
2011-06-30	1.75	0.29	1.47	3.19	55.0%
2011-03-31	1.75	0.29	1.47	3.19	54.9%
2010-12-31	1.75	0.27	1.48	3.18	54.9%
2010-09-30	1.73	0.26	1.47	3.14	55.1%
2010-06-30	1.31	0.20	1.12	2.58	50.8%
2010-03-31	1.31	0.41	0.91	2.57	51.1%
2009-12-31	1.33	0.19	1.14	2.34	56.8%
2009-09-30	1.34	0.24	1.10	2.30	58.3%
2009-06-30	1.17	0.23	0.94	2.08	56.3%
2009-03-31	1.17	0.18	1.00	2.03	57.7%
2008-12-31	1.17	0.12	1.05	1.99	59.0%
2008-09-30	1.13	0.20	0.93	2.03	55.6%
2008-06-30	0.99	0.25	0.73	1.95	50.7%
2008-03-31	1.01	0.21	0.81	1.75	58.1%
2007-12-31	0.94	0.24	0.70	1.65	56.6%
2007-09-30	0.83	0.27	0.56	1.34	61.7%
2007-06-30	0.28	0.20	0.08	0.69	41.1%
2007-05-07	0.21	0.09	0.12	0.58	35.7%
2006-12-31	0.21	0.07	0.14	0.58	36.6%
2006-09-30	0.14	0.07	0.07	0.50	27.6%
2006-06-30	0.13	0.06	0.07	0.50	26.1%
2006-03-31	0.13	0.05	0.08	0.50	26.3%
2005-12-31	0.13	0.05	0.08	0.49	26.7%
2005-09-30	0.11	0.05	0.06	0.46	23.6%
2005-06-30	0.34	0.03	0.31	0.45	75.6%
2005-03-31	0.32	0.02	0.30	0.41	78.1%