Genco Shipping & Trading Ltd (GNK) - Total Assets
Based on the latest financial reports, Genco Shipping & Trading Ltd (GNK) holds total assets worth $1.25 Trillion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Genco Shipping & Trading Ltd - Total Assets Trend (2004–2025)
This chart illustrates how Genco Shipping & Trading Ltd's total assets have evolved over time, based on quarterly financial data. Also see Genco Shipping & Trading Ltd market capitalisation for the company's overall valuation and market capitalisation.
Genco Shipping & Trading Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Genco Shipping & Trading Ltd's total assets of $1.25 Trillion consist of 9.4% current assets and 90.6% non-current assets. Review Genco Shipping & Trading Ltd debt and liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $55.54 Million | 4.9% |
| Accounts Receivable | $15.23 Million | 1.3% |
| Inventory | $25.31 Million | 2.2% |
| Property, Plant & Equipment | $952.07 Million | 83.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2004–2025)
This chart illustrates how Genco Shipping & Trading Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See GNK stock price and chart for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Genco Shipping & Trading Ltd's current assets represent 9.4% of total assets in 2025, an increase from 4.2% in 2004.
- Cash Position: Cash and equivalents constituted 4.9% of total assets in 2025, up from 3.7% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 83.7% of total assets.
Genco Shipping & Trading Ltd Competitors by Total Assets
Key competitors of Genco Shipping & Trading Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Okeanis Eco Tankers Corp.
NYSE:ECO
|
USA | $1.65 Billion |
|
Rizhao Port Co Ltd
SHG:600017
|
China | CN¥41.95 Billion |
|
HNA Technology Co Ltd A
SHG:600751
|
China | CN¥9.87 Billion |
|
Himalaya Shipping Ltd
OL:HSHP
|
Norway | Nkr865.30 Million |
|
Eagle Bulk Shipping Inc
NYSE:EGLE
|
USA | $1.15 Billion |
|
Humpuss Intermoda Transportasi
JK:HITS
|
Indonesia | Rp327.39 Million |
|
Wellard Ltd
AU:WLD
|
Australia | AU$34.12 Million |
|
Santos Brasil Participações S.A
SA:STBP3
|
Brazil | R$5.52 Billion |
Genco Shipping & Trading Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.98 | 1.79 | 2.33 |
| Quick Ratio | 2.41 | 1.28 | 2.05 |
| Cash Ratio | 0.00 | 0.66 | 1.23 |
| Working Capital | $80.18 Billion | $35.94 Million | $125.73 Million |
Genco Shipping & Trading Ltd - Advanced Valuation Insights
This section examines the relationship between Genco Shipping & Trading Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.17 |
| Latest Market Cap to Assets Ratio | 0.99 |
| Asset Growth Rate (YoY) | 7.7% |
| Total Assets | $1.14 Billion |
| Market Capitalization | $1.13 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Genco Shipping & Trading Ltd's assets close to their book value (0.99x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Genco Shipping & Trading Ltd's assets grew by 7.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Genco Shipping & Trading Ltd (2004–2025)
The table below shows the annual total assets of Genco Shipping & Trading Ltd from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $1.14 Billion | +7.71% |
| 2024-12-31 | $1.06 Billion | -7.47% |
| 2023-12-31 | $1.14 Billion | -2.72% |
| 2022-12-31 | $1.17 Billion | -2.42% |
| 2021-12-31 | $1.20 Billion | -2.42% |
| 2020-12-31 | $1.23 Billion | -19.37% |
| 2019-12-31 | $1.53 Billion | -6.06% |
| 2018-12-31 | $1.63 Billion | +7.00% |
| 2017-12-31 | $1.52 Billion | -3.06% |
| 2016-12-31 | $1.57 Billion | -9.00% |
| 2015-12-31 | $1.72 Billion | -1.65% |
| 2014-12-31 | $1.75 Billion | -40.72% |
| 2013-12-31 | $2.96 Billion | +4.01% |
| 2012-12-31 | $2.84 Billion | -8.85% |
| 2011-12-31 | $3.12 Billion | -1.99% |
| 2010-12-31 | $3.18 Billion | +36.20% |
| 2009-12-31 | $2.34 Billion | +17.43% |
| 2008-12-31 | $1.99 Billion | +20.37% |
| 2007-12-31 | $1.65 Billion | +185.90% |
| 2006-12-31 | $578.26 Million | +18.02% |
| 2005-12-31 | $489.96 Million | +143.00% |
| 2004-12-31 | $201.63 Million | -- |
About Genco Shipping & Trading Ltd
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. It operates through two segments: major bulk and minor bulk fleet. 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 commoditi… Read more