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Genco Shipping & Trading GNK Payments To Acquire Vessels And Ballast Water Treatment Systems And Other Deposits

Payments To Acquire Vessels And Ballast Water Treatment Systems And Other Deposits at other companies

International Seaways, Inc. logo
International Seaways, Inc.INSW
$70.66M-14.8%
Dorian LPG logo
Dorian LPGLPG
$64.18M+383%
California Water Service Group logo
California Water Service GroupCWT
$129.46M+17.6%
Wingstop logo
WingstopWING
$0-100%
Royal Caribbean Group logo
Royal Caribbean GroupRCL
$500M+16.8%
Xylem logo
XylemXYL
$45M+125%

Other financials

Income statement

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Revenue$114.4M+60.6%
Operating income$13.3M+236%
Net income$9.3M+178%
EPS (diluted)$0.21+175%

Balance sheet

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Cash & equivalents$54.8M+81.1%
Total debt$324.5M+264%
Total equity$885.4M-2.0%
Total assets$1.3B+20.6%

Cash flow

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Operating cash flow$15.7M+441%
CapEx$405.0K-37.9%
Free cash flow$15.3M+579%

Valuation

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Market cap$1.05B+85.5%
Enterprise value$1.32B+111%
P/S2.7×+1.2×

Profitability

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Operating margin7.9%-6.7pp
Net margin-2.1%
FCF margin10.8%-14.1pp

Returns & leverage

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Return on equity-0.8%
Debt / equity0.4×+0.3×
Current ratio+1.2×

Where this comes from

Reported directly by Genco Shipping & Trading in its filing.

Tagged under the XBRL concept gnk:PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits.

The official record: Genco Shipping & Trading’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Genco Shipping & Trading's payments to acquire vessels and ballast water treatment systems and other deposits?
Genco Shipping & Trading (GNK) reported payments to acquire vessels and ballast water treatment systems and other deposits of $133.85M in Q1 2026.
How has Genco Shipping & Trading's payments to acquire vessels and ballast water treatment systems and other deposits changed year-over-year?
Genco Shipping & Trading's payments to acquire vessels and ballast water treatment systems and other deposits increased by 4604.6% year-over-year, from $2.85M to $133.85M.
What is the long-term trend for Genco Shipping & Trading's payments to acquire vessels and ballast water treatment systems and other deposits?
Over 4 years (2021 to 2025), Genco Shipping & Trading's payments to acquire vessels and ballast water treatment systems and other deposits has grown at a -6.3% compound annual growth rate (CAGR), from $115.68M to $89.25M.
What does payments to acquire vessels and ballast water treatment systems and other deposits mean?
Cash outflows dedicated to the purchase of new or secondhand vessels and the installation of environmental compliance equipment like ballast water treatment systems. This metric represents major capital allocation decisions aimed at fleet expansion or modernization. It is a primary indicator of the company's growth strategy and capital intensity.