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Genco Shipping & Trading GNK Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

World Kinect logo
World KinectWKC
$8.1M+15.7%
Kirby Corporation logo
Kirby CorporationKEX
EastGroup Properties logo
EastGroup PropertiesEGP
Kinder Morgan logo
Kinder MorganKMI
Penske Automotive Group logo
Penske Automotive GroupPAG

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+80.1%
Enterprise value$1.32B+106%
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 us-gaap:MinorityInterest.

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 noncontrolling interests in subsidiaries?
Genco Shipping & Trading (GNK) reported noncontrolling interests in subsidiaries of $1.6M in Q1 2026.
How has Genco Shipping & Trading's noncontrolling interests in subsidiaries changed year-over-year?
Genco Shipping & Trading's noncontrolling interests in subsidiaries increased by 10.8% year-over-year, from $1.45M to $1.6M.
What is the long-term trend for Genco Shipping & Trading's noncontrolling interests in subsidiaries?
Over 4 years (2021 to 2025), Genco Shipping & Trading's noncontrolling interests in subsidiaries has grown at a 97.4% compound annual growth rate (CAGR), from $88K to $1.34M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.