Genco Shipping & Trading LtdFind Ratings Reports
GENCO SHIPPING & TRADING's gross profit margin for the third quarter of its fiscal year 2016 has decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased. GENCO SHIPPING & TRADING has very weak liquidity. Currently, the Quick Ratio is 0.12 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has decreased by 19.29% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q3 FY16||Q3 FY15|
|Net Sales ($mil)||38.89||50.0|
|Net Income ($mil)||-27.51||-66.62|
|Balance Sheet||Q3 FY16||Q3 FY15|
|Cash & Equiv. ($mil)||59.53||54.23|
|Total Assets ($mil)||1493.46||1648.22|
|Total Debt ($mil)||540.46||462.28|
|Profitability||Q3 FY16||Q3 FY15|
|Gross Profit Margin||18.54||21.89|
|Return on Assets||-16.21||-18.77|
|Return on Equity||-26.09||-26.9|
|Debt||Q3 FY16||Q3 FY15|
|Share Data||Q3 FY16||Q3 FY15|
|Shares outstanding (mil)||7.35||7.29|
|Div / share||0.0||0.0|
|Book value / share||126.21||157.76|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||118522.0||263392.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Conducting a second comparison, its price-to-book ratio of 0.08 indicates a significant discount versus the S&P 500 average of 2.94 and a discount versus the industry average of 1.18. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, GENCO SHIPPING & TRADING proves to trade at a discount to investment alternatives within the industry.
|GNK NM||Peers 22.23||GNK NM||Peers 4.49|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
GNK's P/E is negative making this valuation measure meaningless.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
GNK's P/CF is negative making the measure meaningless.
|GNK NM||Peers 22.76||GNK NA||Peers 0.58|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
GNK's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|GNK 0.08||Peers 1.18||GNK 32.60||Peers -49.32|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
GNK is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
GNK is expected to have an earnings growth rate that significantly exceeds its peers.
|GNK 0.56||Peers 1.74||GNK -27.51||Peers -2.20|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
GNK is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
GNK significantly trails its peers on the basis of sales growth