GNK NYSE
Credit Risk of going bust: lower than 62% of companies Debt: 22.5% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.54 (down 98%), Genco Shipping & Trading Limited would be worth roughly what it owes.
Total debt $325.2M against a stock market value of $1.12B.
Distance to default 6.45 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $159.8M (short-term plus half of long-term), stock volatility 36.4%; Altman Z'' 1.89. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
New York City, NY 10171
US
Genco Shipping & Trading Limited, along with its associated companies, is a global participant in the maritime transport industry, focusing on the delivery of dry bulk commodities across the world's oceans. The firm owns and operates a fleet of dry bulk carrier vessels, which are utilized to convey various materials, including iron ore, coal, grains, steel products, and other loose bulk cargoes. These ships are predominantly leased to a range of clients such as major commodities traders, industrial producers, and state-owned organizations. As of December 31, 2021, Genco's fleet was composed of 44 dry bulk carriers, specifically featuring 17 Capesize, 15 Ultramax, and 12 Supramax vessels, collectively capable of transporting approximately 4,636,000 deadweight tons. Established in 2004, Genco Shipping & Trading Limited maintains its principal office in New York, New York.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| DIANA SHIPPING INC. | S-Sale | 75,000 | $26.64 | 2026-09-02 |
| DIANA SHIPPING INC. | S-Sale | 75,000 | $26.73 | 2026-09-02 |
| DIANA SHIPPING INC. | S-Sale | 125,000 | $26.02 | 2026-09-01 |
| DIANA SHIPPING INC. | S-Sale | 2,280 | $26.00 | 2026-08-28 |
| DIANA SHIPPING INC. | S-Sale | 8,427 | $26.13 | 2026-08-27 |