Genco Shipping & Trading Ltd.Find Ratings Reports
GENCO SHIPPING & TRADING's gross profit margin for the first quarter of its fiscal year 2018 has decreased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. GENCO SHIPPING & TRADING is extremely liquid. Currently, the Quick Ratio is 3.56 which clearly shows the ability to cover any 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 9.43% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q1 FY18||Q1 FY17|
|Net Sales ($mil)||76.92||38.25|
|Net Income ($mil)||-55.81||-15.6|
|Balance Sheet||Q1 FY18||Q1 FY17|
|Cash & Equiv. ($mil)||178.22||146.74|
|Total Assets ($mil)||1452.57||1551.43|
|Total Debt ($mil)||501.31||516.36|
|Profitability||Q1 FY18||Q1 FY17|
|Gross Profit Margin||19.72||22.81|
|Return on Assets||-6.81||-11.52|
|Return on Equity||-10.76||-17.62|
|Debt||Q1 FY18||Q1 FY17|
|Share Data||Q1 FY18||Q1 FY17|
|Shares outstanding (mil)||34.53||34.42|
|Div / share||0.0||0.0|
|Book value / share||26.61||29.49|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||131709.0||108042.0|
HOLD. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. Conducting a second comparison, its price-to-book ratio of 0.66 indicates a significant discount versus the S&P 500 average of 3.22 and a discount versus the industry average of 1.14. The current price-to-sales ratio is above both the S&P 500 average and the industry average, indicating a premium. The valuation analysis reveals that, GENCO SHIPPING & TRADING seems to be trading at a premium to investment alternatives within the industry.
|GNK NM||Peers 13.71||GNK 14.35||Peers 10.06|
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.
Premium. 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 is trading at a significant premium to its peers.
|GNK 9.23||Peers 23.46||GNK NA||Peers 1.31|
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.
GNK is trading at a discount to its peers.
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 0.66||Peers 1.14||GNK 87.57||Peers 101.87|
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.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, GNK is expected to trail its peers on the basis of its earnings growth rate.
|GNK 2.42||Peers 1.96||GNK 62.44||Peers 33.54|
Premium. 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 premium to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
GNK has a sales growth rate that significantly exceeds its peers.