Genco Return On Equity from 2010 to 2024
| GNK Stock | USD 15.87 0.16 1.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.01) | Current Value (0.01) | Quarterly Volatility 0.13791577 |
Check Genco Shipping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genco Shipping's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.1 M, Interest Expense of 8.3 M or Selling General Administrative of 28.1 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0734 or PTB Ratio of 1.06. Genco financial statements analysis is a perfect complement when working with Genco Shipping Valuation or Volatility modules.
Genco | Return On Equity |
Latest Genco Shipping's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Genco Shipping Trading over the last few years. Return on Equity is the amount of Genco Shipping Trading net income returned as a percentage of Genco Shipping equity. Return on equity measures Genco Shipping profitability by revealing how much profit Genco Shipping Trading generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Genco Shipping's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genco Shipping's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.0748 | 10 Years Trend |
|
Return On Equity |
| Timeline |
Genco Return On Equity Regression Statistics
| Arithmetic Mean | (0.06) | |
| Coefficient Of Variation | (214.52) | |
| Mean Deviation | 0.11 | |
| Median | (0.06) | |
| Standard Deviation | 0.14 | |
| Sample Variance | 0.02 | |
| Range | 0.5303 | |
| R-Value | 0.27 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.07 | |
| Significance | 0.34 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.27 |
Genco Return On Equity History
About Genco Shipping Financial Statements
Genco Shipping investors utilize fundamental indicators, such as Return On Equity, to predict how Genco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.01) | (0.01) |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of Genco Shipping Correlation against competitors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1 | Dividend Share 1.57 | Earnings Share 1.58 | Revenue Per Share 10.221 | Quarterly Revenue Growth 0.192 |
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.