Genco Shipping & Trading Ltd (GNK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Genco Shipping & Trading Ltd (GNK) has a cash flow conversion efficiency ratio of 0.009x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($7.69 Million) by net assets ($887.30 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Genco Shipping & Trading Ltd - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Genco Shipping & Trading Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read GNK current and long-term liabilities for a breakdown of total debt and financial obligations.
Genco Shipping & Trading Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Genco Shipping & Trading Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangsu Huachang Chemical Co Ltd
SHE:002274
|
0.011x |
|
Voltalia SA
PA:VLTSA
|
0.043x |
|
Sensirion Holding AG
SW:SENS
|
0.098x |
|
Shenzhen Worldunion Properties Consultancy Inc
SHE:002285
|
0.018x |
|
Republic Airways Holdings Inc
NASDAQ:RJET
|
0.013x |
|
DL Holdings CO. LTD.
KO:000210
|
0.026x |
|
Hi target Navigation Tech Co
SHE:300177
|
0.010x |
|
Jiangsu SINOJIT Wind Energy Technology Co Ltd
SHG:601218
|
0.011x |
Annual Cash Flow Conversion Efficiency for Genco Shipping & Trading Ltd (2004–2024)
The table below shows the annual cash flow conversion efficiency of Genco Shipping & Trading Ltd from 2004 to 2024. For the full company profile with market capitalisation and key ratios, see Genco Shipping & Trading Ltd (GNK) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $928.23 Million | $126.85 Million | 0.137x | +36.18% |
| 2023-12-31 | $914.65 Million | $91.78 Million | 0.100x | -48.68% |
| 2022-12-31 | $968.31 Million | $189.32 Million | 0.196x | -22.45% |
| 2021-12-31 | $916.67 Million | $231.12 Million | 0.252x | +409.09% |
| 2020-12-31 | $744.99 Million | $36.90 Million | 0.050x | -18.60% |
| 2019-12-31 | $978.43 Million | $59.53 Million | 0.061x | -2.77% |
| 2018-12-31 | $1.05 Billion | $65.91 Million | 0.063x | +130.09% |
| 2017-12-31 | $975.03 Million | $26.52 Million | 0.027x | +156.06% |
| 2016-12-31 | $1.03 Billion | $-49.98 Million | -0.049x | -- |
| 2015-12-31 | $0.00 | $-56.09 Million | x | -- |
| 2014-12-31 | $1.29 Billion | $-60.15 Million | -0.047x | -1836.96% |
| 2013-12-31 | $1.31 Billion | $-3.14 Million | -0.002x | -- |
| 2012-12-31 | $0.00 | $-18.83 Million | x | -- |
| 2011-12-31 | $1.36 Billion | $158.18 Million | 0.116x | -40.38% |
| 2010-12-31 | $1.35 Billion | $262.68 Million | 0.195x | -17.63% |
| 2009-12-31 | $928.92 Million | $219.73 Million | 0.237x | -38.39% |
| 2008-12-31 | $696.48 Million | $267.42 Million | 0.384x | +97.66% |
| 2007-12-31 | $622.18 Million | $120.86 Million | 0.194x | -23.75% |
| 2006-12-31 | $353.53 Million | $90.07 Million | 0.255x | +0.56% |
| 2005-12-31 | $348.24 Million | $88.23 Million | 0.253x | +583.96% |
| 2004-12-31 | $73.37 Million | $2.72 Million | 0.037x | -- |
About Genco Shipping & Trading Ltd
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. The company owns and operates dry bulk vessels to transports iron ore, grains, coal, steel products, and other drybulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. Genco Shippin… Read more