Genco Shipping & Trading LtdFind Ratings Reports
GENCO SHIPPING & TRADING's gross profit margin for the second quarter of its fiscal year 2016 has significantly decreased when compared to the same period a year ago. Sales and net income have dropped, although the growth in revenues underperformed the average competitor within the industry, the net income growth did not. GENCO SHIPPING & TRADING has very weak liquidity. Currently, the Quick Ratio is 0.15 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 remained virtually unchanged only decreasing by 3.64% 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||Q2 FY16||Q2 FY15|
|Net Sales ($mil)||31.87||34.59|
|Net Income ($mil)||-110.66||-40.33|
|Balance Sheet||Q2 FY16||Q2 FY15|
|Cash & Equiv. ($mil)||76.16||71.4|
|Total Assets ($mil)||1530.39||1669.6|
|Total Debt ($mil)||553.3||448.62|
|Profitability||Q2 FY16||Q2 FY15|
|Gross Profit Margin||-2.47||0.88|
|Return on Assets||-18.37||-66.63|
|Return on Equity||-29.55||-112.63|
|Debt||Q2 FY16||Q2 FY15|
|Share Data||Q2 FY16||Q2 FY15|
|Shares outstanding (mil)||7.35||6.16|
|Div / share||0.0||0.0|
|Book value / share||129.41||160.32|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||85020.0||441894.0|
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 0.04 indicates a significant discount versus the S&P 500 average of 2.82 and a discount versus the industry average of 1.35. 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 15.66||GNK NM||Peers 5.47|
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 16.96||GNK NA||Peers 0.05|
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 0.04||Peers 1.35||GNK 78.75||Peers -27.86|
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 0.26||Peers 1.46||GNK -20.61||Peers 0.70|
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