Genco Shipping & Trading Ltd (GNK) - Total Liabilities
Based on the latest financial reports, Genco Shipping & Trading Ltd (GNK) has total liabilities worth $220.30 Million USD as of September 2025. 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 cash flow conversion of Genco Shipping & Trading Ltd to assess how effectively this company generates cash.
Genco Shipping & Trading Ltd - Total Liabilities Trend (2004–2024)
This chart illustrates how Genco Shipping & Trading Ltd's total liabilities have evolved over time, based on quarterly financial data. Check Genco Shipping & Trading Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Shenzhen Worldunion Properties Consultancy Inc
SHE:002285
|
China | CN¥1.16 Billion |
|
Sensirion Holding AG
SW:SENS
|
Switzerland | CHF67.30 Million |
|
Voltalia SA
PA:VLTSA
|
France | €2.86 Billion |
|
Jiangsu Huachang Chemical Co Ltd
SHE:002274
|
China | CN¥2.28 Billion |
|
Republic Airways Holdings Inc
NASDAQ:RJET
|
USA | $211.57 Million |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩7.16 Trillion |
|
Hi target Navigation Tech Co
SHE:300177
|
China | CN¥1.42 Billion |
|
Jiangsu SINOJIT Wind Energy Technology Co Ltd
SHG:601218
|
China | CN¥757.19 Million |
Liability Composition Analysis (2004–2024)
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 | 2.36 | 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 | 1.60 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.25 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.20 | 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 (2004–2024)
The table below shows the annual total liabilities of Genco Shipping & Trading Ltd from 2004 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 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. 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