Genco Shipping & Trading (GNK)
Genco Shipping & Trading Altman Z-Score: 0.3889
View GNK Altman Z-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
GNK Altman Z-Score Rankings
| Overall | 14th percentile | 3034 of 3549 |
| Sector | 8th percentile | 727 of 798 in Services |
| Industry | 34th percentile | 21 of 32 in Shipping |
GNK Altman Z-Score Range, Past 5 Years
| Minimum | 0.3889 | May 29 2012 |
| Maximum | 3.050 | Jun 2007 |
| Average | 1.057 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
Learn More
You may also be interested in these GNK related companies
GNK News
about 3 days ago by harmongreg
May 22, 11:00AM Benzinga
about 9 days ago by DrewG151
May 18, 1:52PM Street Insider
about 11 days ago by TradeIdeasQuant
about 12 days ago by TradeBot
May 14, 8:20AM Marketwire
about 24 days ago by Good2go
about 28 days ago by CDMCapital
about 28 days ago by decklap
about 28 days ago by StratCap
about 28 days ago by TDawson57
Apr 30, 5:58PM Street Insider
Apr 30, 4:21PM Street Insider
Apr 30, 4:20PM PR Newswire
Apr 23, 4:15PM PR Newswire
Apr 06, 8:20AM Marketwire
Feb 21, 4:31PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GNK | 3.23 | +0.01 | +0.31% | 141.07M |
| GNI | 65.28 | +2.39 | +3.80% | 94.34M |
| GNE | 7.07 | +0.06 | +0.86% | |
| GNCMA | 6.33 | -0.36 | -5.38% | 295.30M |
| GNC | 39.54 | -0.01 | -0.03% | |
| GNAT | 21.95 | +0.36 | +1.69% | |
| GMXR | 0.95 | +0.03 | +3.26% | 62.81M |
| GMT | 38.98 | +0.31 | +0.80% | 1.811B |
| GMO | 2.61 | +0.10 | +3.98% | 228.86M |
| GMMB | 54.48 | +0.00 | +0.00% |