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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Genco Shipping & Trading's total current assets for the quarter that ended in Dec. 2023 was $157.3 Mil.
The historical data trend for Genco Shipping & Trading's Total Current Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Genco Shipping & Trading Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Current Assets | Get a 7-Day Free Trial | 223.20 | 247.20 | 174.83 | 125.43 | 157.27 |
Genco Shipping & Trading Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Total Current Assets | Get a 7-Day Free Trial | 125.43 | 107.24 | 110.68 | 111.52 | 157.27 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
Genco Shipping & Trading's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as
Total Current Assets | = | Cash, Cash Equivalents, Marketable Securities | + | Total Receivables | + | Total Inventories | + | Other Current Assets |
= | 46.542 | + | 19.217 | + | 26.749 | + | 64.764 | |
= | 157.3 |
Genco Shipping & Trading's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as
Total Current Assets | = | Cash, Cash Equivalents, Marketable Securities | + | Total Receivables | + | Total Inventories | + | Other Current Assets |
= | 46.542 | + | 19.217 | + | 26.749 | + | 64.764 | |
= | 157.3 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.
Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.
Genco Shipping & Trading (NYSE:GNK) Total Current Assets Explanation
In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.
Genco Shipping & Trading's Liquidation Value for the quarter that ended in Dec. 2023 is
Liquidation value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 46.542 | - | 227.256 | + | 0.75 * 17.815 | + | 0.5 * 26.749 |
= | -154.0 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of Genco Shipping & Trading's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter George Allen | officer: Chief Financial Officer | GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171 |
Arthur L Regan | director | C/O ARLINGTON TANKERS LTD, THE HAYWARD BUILDING 22 BERMUDIANA ROAD, HAMILTON HM 11 D0 -- |
Jesper Christensen | officer: Chief Commercial Officer | GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171 |
Robert E Hughes | officer: Chief Operations Officer | GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE., 12TH FLOOR, NEW YORK NY 10171 |
Apostolos Zafolias | officer: Chief Financial Officer | GENCO SHIPPING & TRADING, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171 |
John C Wobensmith | officer: Chief Financial Officer | 35 WEST 56TH STREET, NEW YORK NY 10019 |
Joseph Adamo | officer: Chief Accounting Officer | GENCO SHIPPING & TRADING, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171 |
Ccp Ii Cayman Gp Ltd. | 10 percent owner | 375 PARK AVE, 12TH FLOOR, NEW YORK NY 10152 |
Centerbridge Credit Partners, L.p. | 10 percent owner | 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152 |
Karin Y Orsel | director | HOGELANDSTERWEG 14, FARMSUM P7 9936 BH |
Apollo Management Holdings Gp, Llc | 10 percent owner | 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019 |
Strategic Value Partners, Llc | 10 percent owner | 100 WEST PUTNAM AVENUE, GREENWICH CT 06830 |
Daniel Han | director | GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE., 12TH FLOOR, NEW YORK NY 10171 |
Kathleen C Haines | director | P.O. BOX 385, COS COB CT 06807 |
Christoph O Majeske | director | 17001 NORTHCHASE DR., STE. 100, HOUSTON TX 77060 |
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