Genco Shipping & Trading Ltd (GNK) - Total Liabilities
Based on the latest financial reports, Genco Shipping & Trading Ltd (GNK) has total liabilities worth $365.01 Billion USD as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Genco Shipping & Trading Ltd - Total Liabilities Trend (2004–2025)
This chart illustrates how Genco Shipping & Trading Ltd's total liabilities have evolved over time, based on quarterly financial data. See Genco Shipping & Trading Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Genco Shipping & Trading Ltd Competitors by Total Liabilities
The table below lists competitors of Genco Shipping & Trading Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
E2open Parent Holdings Inc
NYSE:ETWO
|
USA | $1.48 Billion |
|
Total Gabon
F:RZW
|
Germany | €1.30 Billion |
|
Iovance Biotherapeutics Inc
NASDAQ:IOVA
|
USA | $202.66 Million |
|
alstria office REIT-AG
XETRA:AOX
|
Germany | €2.93 Billion |
|
Fnac Darty SA
PA:FNAC
|
France | €6.10 Billion |
|
Chengdu Information Technology of Chinese Academy of Sciences Co Ltd
SHE:300678
|
China | CN¥381.12 Million |
|
Acrel Co LTD
SHE:300286
|
China | CN¥463.81 Million |
|
Strive Asset Management
NASDAQ:ASST
|
USA | $26.31 Million |
Liability Composition Analysis (2004–2025)
This chart breaks down Genco Shipping & Trading Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see GNK market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.98 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.41 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.29 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Genco Shipping & Trading Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Genco Shipping & Trading Ltd (2004–2025)
The table below shows the annual total liabilities of Genco Shipping & Trading Ltd from 2004 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $240.29 Million | +87.18% |
| 2024-12-31 | $128.37 Million | -43.51% |
| 2023-12-31 | $227.26 Million | +10.56% |
| 2022-12-31 | $205.56 Million | -28.21% |
| 2021-12-31 | $286.33 Million | -41.30% |
| 2020-12-31 | $487.81 Million | -11.38% |
| 2019-12-31 | $550.46 Million | -4.13% |
| 2018-12-31 | $574.16 Million | +5.17% |
| 2017-12-31 | $545.93 Million | +1.35% |
| 2016-12-31 | $538.66 Million | -68.76% |
| 2015-12-31 | $1.72 Billion | +274.69% |
| 2014-12-31 | $460.14 Million | -72.09% |
| 2013-12-31 | $1.65 Billion | -42.02% |
| 2012-12-31 | $2.84 Billion | +61.77% |
| 2011-12-31 | $1.76 Billion | -4.19% |
| 2010-12-31 | $1.83 Billion | +30.31% |
| 2009-12-31 | $1.41 Billion | +8.84% |
| 2008-12-31 | $1.29 Billion | +25.45% |
| 2007-12-31 | $1.03 Billion | +358.81% |
| 2006-12-31 | $224.73 Million | +58.58% |
| 2005-12-31 | $141.72 Million | +10.50% |
| 2004-12-31 | $128.25 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