Is Genco Shipping & Trading (NYSE:GNK) Using Too Much Debt? [Yahoo! Finance News]
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm
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Source: Yahoo! Finance News
Is Genco Shipping & Trading (NYSE:GNK) Using Too Much Debt? Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk. So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. As with many other companies Genco Shipping & Trading Limited NYSE:GNK When Is Debt A Problem? Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then it exists at their mercy. In the worst case scenario, a company can go bankrupt if it cannot pay its creditors. However, a more usual but still expensive) situation is where a company must dilute shareholders at a cheap share price simply to get debt under control. Of course, debt can be an important tool in businesses, particularly capital heavy businesses. When we think about a company's use of debt, we
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News
- Why It Might Not Make Sense To Buy Genco Shipping & Trading Limited (NYSE:GNK) For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading Ltd (GNK) Q3 2024 Earnings Call Highlights: Strong Financial ... [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading's (NYSE:GNK) Shareholders Will Receive A Bigger Dividend Than Last Year [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading Limited (NYSE: GNK) had its "buy" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $25.00 price target on the stock.MarketBeat
- Genco Shipping & Trading Limited Announces Q3 2024 Financial ResultsGlobeNewswire
GNK
Earnings
- 11/6/24 - Beat
GNK
Sec Filings
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 8/28/24 - Form 4
- GNK's page on the SEC website