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Genco Shipping & Trading GNK Other income, net (Note 6)

Other income, net (Note 6) at other companies

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Segments

By segment

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Major Bulk-$40K

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:OtherNonoperatingIncomeExpense.

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 other income, net (note 6)?
Genco Shipping & Trading (GNK) reported other income, net (note 6) of $96K in Q1 2026.
How has Genco Shipping & Trading's other income, net (note 6) changed year-over-year?
Genco Shipping & Trading's other income, net (note 6) increased by 838.5% year-over-year, from -$13K to $96K.
What is the long-term trend for Genco Shipping & Trading's other income, net (note 6)?
Over 2 years (2021 to 2025), Genco Shipping & Trading's other income, net (note 6) has grown at a -1.0% compound annual growth rate (CAGR), from $541K to -$530K.
What does other income, net (note 6) mean?
This captures miscellaneous financial items that fall outside the scope of core operating activities, such as foreign exchange gains or losses, minor investment income, or non-recurring legal settlements. It serves as a catch-all for peripheral financial events that do not stem from the primary business operations. Investors monitor this to isolate core earnings from transient or incidental financial fluctuations.