Genco Shipping & Trading Ltd
NYSE:GNK

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Genco Shipping & Trading Ltd Logo
Genco Shipping & Trading Ltd
NYSE:GNK
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Price: 13.36 USD 1.52% Market Closed
Market Cap: 571.3m USD

Gross Margin
Genco Shipping & Trading Ltd

43.8%
Current
45%
Average
28.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
43.8%
=
Gross Profit
185.3m
/
Revenue
423m

Gross Margin Across Competitors

Genco Shipping & Trading Ltd
Glance View

Market Cap
571.2m USD
Industry
Marine

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. The company is headquartered in New York City, New York and currently employs 990 full-time employees. The company went IPO on 2005-07-22. The firm transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels. Its wholly owned modern and diverse fleet of dry cargo vessels consists of Capesize, Ultramax and Supramax vessels that provide a link in international trade. Its fleet consists of approximately 44 drybulk carriers, including 17 Capesize drybulk carriers, 15 Ultramax drybulk carriers, and 12 Supramax drybulk carriers with an aggregate carrying capacity of approximately 4,636,000 deadweight tons (dwt). The firm's vessels include Baltic Bear, Baltic Hornet, Baltic Lion, Baltic Wolf, Genco Aquitaine, Genco Augustus, Genco Bourgogne, Genco Liberty, Genco Picardy and Genco Vigilant.

GNK Intrinsic Value
17.45 USD
Undervaluation 23%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
43.8%
=
Gross Profit
185.3m
/
Revenue
423m
What is the Gross Margin of Genco Shipping & Trading Ltd?

Based on Genco Shipping & Trading Ltd's most recent financial statements, the company has Gross Margin of 43.8%.

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