Genco Shipping & Trading Limited
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Genco Shipping & Trading Limited generated cash of $91,784,000, which is less than the previous year. Cash used in financing activities reached the amount of -$17,403,000 last year. Net change in cash is therefore -$17,243,000.
Cash Flow
| 2014 | -60.15M | -74.63M | 95.48M |
|---|---|---|---|
| 2015 | -56.08M | -56.77M | 150.52M |
| 2016 | -49.98M | 6.87M | 55.43M |
| 2017 | 26.51M | 14.96M | -5.59M |
| 2018 | 65.90M | -195.37M | 127.28M |
| 2019 | 59.52M | -22.84M | -77.18M |
| 2020 | 36.89M | 37.43M | -56.90M |
| 2021 | 231.11M | -67.57M | -222.69M |
| 2022 | 189.32M | -55.01M | -190.73M |
| 2023 | 91.78M | -91.62M | -17.40M |
GNK Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 63.78M | 120.53M | 179.67M | 162.24M | 202.76M | 204.94M | 169.06M | 121.07M | 83.41M | 122.72M |
Operating activities | ||||||||||
Net income | -12.87M | 159.36M | 182.04M | -225.57M | -55.98M | -32.94M | -58.72M | -217.75M | -254.36M | -1.13B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 67.91M | 61.60M | 57.61M | 66.52M | 72.82M | 68.97M | 71.77M | 76.33M | 79.55M | 108.59M |
Stock-based compensation expense | 5.53M | 3.24M | 2.26M | 2.02M | 2.05M | 0 | 4.05M | 20.68M | 42.13M | 24.75M |
| Deferred income tax benefit | 5.53M | 3.24M | 2.26M | 2.02M | 2.05M | 0 | 4.05M | 20.68M | 42.13M | 24.75M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 7.51M | -5.21M | -7.12M | 710K | 8.60M | -10.09M | -2.48M | 213K | 4.15M | -498K |
Inventories | -5.14M | 2.96M | -2.98M | 5.62M | 2.34M | -14.21M | -6.92M | 5.48M | 1.18M | 0 |
Accounts payable | -2.20M | -2.13M | 5.40M | -17.35M | 13.17M | 2.57M | 1.49M | -5.30M | 1.88M | -39.17M |
Cash generated by operating activities | 91.78M | 189.32M | 231.11M | 36.89M | 59.52M | 65.90M | 26.51M | -49.98M | -56.08M | -60.15M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27.11M | 0 | 0 |
Investments In Property Plant And Equipment | -94.01M | -56.03M | -117.46M | -20.03M | -50.42M | -243.33M | -552K | -787K | -67.36M | -55.09M |
Acquisitions Net | 0 | 0 | 49.47M | 56.99M | 26.96M | 44.33M | 15.51M | 13.02M | 0 | 0 |
Cash generated by investing activities | -91.62M | -55.01M | -67.57M | 37.43M | -22.84M | -195.37M | 14.96M | 6.87M | -56.77M | -74.63M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 0 | 0 | 0 | 110.24M | -1.10M | 121.89M | 0 | 136.98M |
Payments for dividends | -40.91M | -115.72M | -13.46M | -9.84M | -20.87M | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 136.27M |
Repayments of term debt | 23.50M | -75M | -553.22M | -81.84M | -56.20M | -535.66M | -4.49M | -464.85M | 158.3M | -5.98M |
Cash used in financing activities | -17.40M | -190.73M | -222.69M | -56.90M | -77.18M | 127.28M | -5.59M | 55.43M | 150.52M | 95.48M |
Net Change In Cash | -17.24M | -56.43M | -59.14M | 17.43M | -40.51M | -2.18M | 35.87M | 12.32M | 37.66M | 96.76M |
Cash at end of period | 46.54M | 64.1M | 120.53M | 179.67M | 162.24M | 202.76M | 204.94M | 133.4M | 121.07M | 219.49M |
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