Genco Shipping & Trading Limite — Earnings Quality Grade F
GNK · Industrials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 15 days, change -3 days YoY
AR growth -33.2% vs revenue growth -19.1%
Revenue -19.1%, CFFO -74.9%. Cash follows revenue
Expense Quality
Inventory growth 13.3% exceeds COGS -3.4%
CapEx growth 63.1% is >2x revenue growth -19.1%
SG&A/Gross Profit = 66.9%. Normal
Gross margin swung -14.1pp (27.6% → 13.4%)
Cash Flow Quality
CFFO/NI = -7.30. Below 1.0
FCF is negative ($-0.1B)
Accruals ratio = -3.2%. Low accruals
Cash $0.1B covers only 29% of debt $0.2B
Balance Sheet Health
No goodwill. Clean balance sheet
Interest coverage = 0.7x (<2x). Financial stress
Insufficient data
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
No goodwill
Manipulation Score
M-Score = -2.34 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25