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Genco Shipping & Trading Ltd (GNK)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | -12,356 | 159,364 | 182,045 | -225,573 | -55,985 |
| Depreciation Amortization | 73,774 | 65,126 | 57,771 | 71,097 | 78,669 |
| Other Working Capital | -13,788 | -37,499 | -10,513 | -21,424 | 7,318 |
| Other Operating Activity | 44,154 | 2,332 | 1,816 | 212,796 | 29,524 |
| Operating Cash Flow | $91,784 | $189,323 | $231,119 | $36,896 | $59,526 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -94,012 | -56,039 | -67,991 | 36,955 | -23,461 |
| Other Investing Activity | 2,388 | 1,024 | 418 | 484 | 612 |
| Investing Cash Flow | $-91,624 | $-55,015 | $-67,573 | $37,439 | $-22,849 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 274,750 | N/A | 350,000 | 35,250 | 21,500 |
| Debt Repayment | -245,750 | -75,000 | -553,228 | -81,846 | -77,096 |
| Dividend Paid | -40,910 | -115,728 | -13,463 | -9,847 | -20,877 |
| Other Financing Activity | -5,493 | -11 | -6,003 | -462 | -716 |
| Financing Cash Flow | $-17,403 | $-190,739 | $-222,694 | $-56,905 | $-77,189 |
| Beginning Cash Position | 64,100 | 120,531 | 179,679 | 162,249 | 202,761 |
| End Cash Position | 46,857 | 64,100 | 120,531 | 179,679 | 162,249 |
| Net Cash Flow | $-17,243 | $-56,431 | $-59,148 | $17,430 | $-40,512 |
| Free Cash Flow | |||||
| Operating Cash Flow | 91,784 | 189,323 | 231,119 | 36,896 | 59,526 |
| Capital Expenditure | -94,012 | -56,039 | -117,464 | -20,038 | -50,424 |
| Free Cash Flow | -2,228 | 133,284 | 113,655 | 16,858 | 9,102 |