Genco Shipping & Trading annual debt-to-equity ratio
2012
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2014
2015
2016
2017
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2019
2020
2021
2022
2023
2024
2025
Genco Shipping & Trading Debt-to-Equity Ratio Growth & History (GNK)
Genco Shipping & Trading's debt-to-equity ratio was 0.22 for fiscal 2025.
View full Genco Shipping & Trading company overviewGenco Shipping & Trading annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.22 | 0.12 | +125.50% |
| 2024 | 2024-12-31 | 0.10 | −0.12 | −54.74% |
| 2023 | 2023-12-31 | 0.21 | 0.04 | +20.26% |
| 2022 | 2022-12-31 | 0.18 | −0.09 | −34.17% |
| 2021 | 2021-12-31 | 0.27 | −0.33 | −55.46% |
| 2020 | 2020-12-31 | 0.60 | 0.10 | +19.42% |
| 2019 | 2019-12-31 | 0.51 | −0.00 | −0.58% |
| 2018 | 2018-12-31 | 0.51 | −0.02 | −3.95% |
| 2017 | 2017-12-31 | 0.53 | 0.03 | +6.17% |
| 2016 | 2016-12-31 | 0.50 | −0.03 | −4.84% |
| 2015 | 2015-12-31 | 0.52 | 0.11 | +27.10% |
| 2014 | 2014-12-31 | 0.41 | 0.12 | +42.58% |
| 2013 | 2013-12-31 | 0.29 | −1.04 | −78.21% |
| 2012 | 2012-12-31 | 1.33 | — | — |
Genco Shipping & Trading quarterly debt-to-equity ratio
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
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Q1.16
Q2.16
Q3.16
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
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Q4.20
Q1.21
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Q1.22
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Q1.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.37 | 0.25 | +229.73% |
| Q1 2026 | 2026-03-31 | 0.37 | 0.27 | +271.15% |
| Q4 2025 | 2025-12-31 | 0.22 | 0.12 | +125.50% |
| Q3 2025 | 2025-09-30 | 0.19 | 0.11 | +132.38% |
| Q2 2025 | 2025-06-30 | 0.11 | 0.00 | +3.21% |
| Q1 2025 | 2025-03-31 | 0.10 | −0.08 | −44.97% |
| Q4 2024 | 2024-12-31 | 0.10 | −0.12 | −54.74% |
| Q3 2024 | 2024-09-30 | 0.08 | −0.08 | −49.62% |
| Q2 2024 | 2024-06-30 | 0.11 | −0.05 | −33.15% |
| Q1 2024 | 2024-03-31 | 0.18 | 0.01 | +4.85% |
| Q4 2023 | 2023-12-31 | 0.21 | 0.04 | +20.26% |
| Q3 2023 | 2023-09-30 | 0.16 | −0.03 | −14.63% |
| Q2 2023 | 2023-06-30 | 0.16 | −0.04 | −19.01% |
| Q1 2023 | 2023-03-31 | 0.17 | −0.04 | −19.09% |
| Q4 2022 | 2022-12-31 | 0.18 | −0.09 | −34.17% |
| Q3 2022 | 2022-09-30 | 0.19 | −0.18 | −49.62% |
| Q2 2022 | 2022-06-30 | 0.20 | −0.28 | −58.11% |
| Q1 2022 | 2022-03-31 | 0.21 | −0.33 | −60.68% |
| Q4 2021 | 2021-12-31 | 0.27 | −0.33 | −55.46% |
| Q3 2021 | 2021-09-30 | 0.37 | −0.22 | −37.24% |
| Q2 2021 | 2021-06-30 | 0.47 | −0.12 | −20.00% |
| Q1 2021 | 2021-03-31 | 0.54 | −0.04 | −6.13% |
| Q4 2020 | 2020-12-31 | 0.60 | 0.10 | +19.42% |
| Q3 2020 | 2020-09-30 | 0.59 | 0.07 | +13.16% |
| Q2 2020 | 2020-06-30 | 0.59 | 0.09 | +17.39% |
| Q1 2020 | 2020-03-31 | 0.57 | 0.06 | +12.76% |
| Q4 2019 | 2019-12-31 | 0.51 | −0.00 | −0.58% |
| Q3 2019 | 2019-09-30 | 0.52 | −0.01 | −2.80% |
| Q2 2019 | 2019-06-30 | 0.50 | 0.07 | +16.94% |
| Q1 2019 | 2019-03-31 | 0.51 | −0.04 | −6.83% |
| Q4 2018 | 2018-12-31 | 0.51 | −0.02 | −3.95% |
| Q3 2018 | 2018-09-30 | 0.53 | 0.00 | +0.09% |
| Q2 2018 | 2018-06-30 | 0.43 | −0.08 | −16.11% |
| Q1 2018 | 2018-03-31 | 0.55 | 0.04 | +7.63% |
| Q4 2017 | 2017-12-31 | 0.53 | 0.03 | +6.17% |
| Q3 2017 | 2017-09-30 | 0.53 | −0.05 | −8.66% |
| Q2 2017 | 2017-06-30 | 0.51 | −0.07 | −11.47% |
| Q1 2017 | 2017-03-31 | 0.51 | −0.02 | −4.45% |
| Q4 2016 | 2016-12-31 | 0.50 | −0.03 | −4.84% |
| Q3 2016 | 2016-09-30 | 0.58 | 0.18 | +44.86% |
| Q2 2016 | 2016-06-30 | 0.58 | 0.13 | +28.00% |
| Q1 2016 | 2016-03-31 | 0.53 | 0.10 | +24.40% |
| Q4 2015 | 2015-12-31 | 0.52 | 0.11 | +27.10% |
| Q3 2015 | 2015-09-30 | 0.40 | 0.09 | +30.29% |
| Q2 2015 | 2015-06-30 | 0.45 | 0.26 | +137.09% |
| Q1 2015 | 2015-03-31 | 0.43 | 0.12 | +39.61% |
| Q4 2014 | 2014-12-31 | 0.41 | 0.12 | +42.58% |
| Q3 2014 | 2014-09-30 | 0.31 | 0.19 | +156.09% |
| Q2 2014 | 2014-06-30 | 0.19 | 0.08 | +65.06% |
| Q1 2014 | 2014-03-31 | 0.31 | 0.20 | +180.88% |
| Q4 2013 | 2013-12-31 | 0.29 | −1.04 | −78.21% |
| Q3 2013 | 2013-09-30 | 0.12 | — | — |
| Q2 2013 | 2013-06-30 | 0.12 | — | — |
| Q1 2013 | 2013-03-31 | 0.11 | — | — |
| Q4 2012 | 2012-12-31 | 1.33 | — | — |
Genco Shipping & Trading debt-to-equity ratio trends
Over the last five fiscal years, Genco Shipping & Trading's debt-to-equity ratio decreased from 0.60 to 0.22, a change of −0.39. The latest reported quarter, Q2 2026, shows 0.37.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Genco Shipping & Trading source filings ↗