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. Explore Genco Shipping & Trading Ltd (GNK) long-term investment share to see how much of total assets are deployed in long-term investments.
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. For the complete balance sheet picture, see how large is Genco Shipping & Trading Ltd's balance sheet.
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 |
|---|---|---|
|
Nokian Renkaat Oyj
HE:TYRES
|
Finland | €1.30 Billion |
|
Xinjiang Communications Construction Group Co Ltd Class A
SHE:002941
|
China | CN¥13.91 Billion |
|
Playtech plc
F:PL8
|
Germany | €823.30 Million |
|
Day One Biopharmaceuticals Inc
NASDAQ:DAWN
|
USA | $62.91 Million |
|
Lelon Electronics Corp
TW:2472
|
Taiwan | NT$5.20 Billion |
|
Gentherm Inc
NASDAQ:THRM
|
USA | $770.09 Million |
|
Shanghai Yct Electronics Group Co.Ltd
SHE:301099
|
China | CN¥2.54 Billion |
|
Shenzhen JingQuanHua Electronics Co Ltd
SHE:002885
|
China | CN¥2.16 Billion |
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. See Genco Shipping & Trading Ltd balance sheet quality to measure how much of total assets are equity-financed.
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