Jason Scheir - Genco Shipping Independent Director

GNK Stock  USD 22.26  0.09  0.41%   

Director

Mr. Jason A. Scheir serves as Independent Director of the Company. Mr. Scheir has served as a director of Genco since December 19, 2016. Mr. Scheir is a Managing Director at Apollo, the U.S. Head of Apollos Illiquid Opportunistic Credit business, and a member of the Global Illiquid Credit Investment Committee at Apollo, which he joined in 2008. Mr. Scheir serves on the board of directors of Ridgeback Resources and has previously served as a director of Classic Party Rentals, MSEA Tankers, Northstar Services, Panolam Industries International, and Prime Marine. Prior to joining Apollo, Mr. Scheir worked at Tailwind Capital, a middle market private equity firm. Prior to joining Tailwind, Mr. Scheir was a member of the Restructuring Group and Mergers Acquisitions Group at Rothschild Inc since 2016.
Age 38
Tenure 8 years
Professional MarksMBA
Address 299 Park Avenue, New York, NY, United States, 10171
Phone646 443 8550
Webhttps://www.gencoshipping.com
Scheir graduated magna cum laude from Cornell University with a BS in Applied Economics and received his MBA with honors from the University of Pennsylvania Wharton School.

Genco Shipping Management Efficiency

The company has Return on Asset of 0.0194 % which means that on every $100 spent on assets, it made $0.0194 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0131) %, meaning that it generated no profit with money invested by stockholders. Genco Shipping's management efficiency ratios could be used to measure how well Genco Shipping manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.04 this year, although the value of Return On Tangible Assets are projected to rise to (0.01). At this time, Genco Shipping's Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Other is expected to rise to about 6.9 M this year, although the value of Total Current Liabilities will most likely fall to about 33.5 M.
The company has 194.26 M in debt with debt to equity (D/E) ratio of 0.19, which may show that the company is not taking advantage of profits from borrowing. Genco Shipping Trading has a current ratio of 2.58, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Genco Shipping until it has trouble settling it off, either with new capital or with free cash flow. So, Genco Shipping's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Genco Shipping Trading sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Genco to invest in growth at high rates of return. When we think about Genco Shipping's use of debt, we should always consider it together with cash and equity.

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Genco Shipping Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. Genco Shipping Trading Limited was incorporated in 2004 and is headquartered in New York, New York. Genco Shipping operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 1027 people. Genco Shipping Trading (GNK) is traded on New York Stock Exchange in USA. It is located in 299 Park Avenue, New York, NY, United States, 10171 and employs 1,105 people. Genco Shipping is listed under Marine Transportation category by Fama And French industry classification.

Management Performance

Genco Shipping Trading Leadership Team

Elected by the shareholders, the Genco Shipping's board of directors comprises two types of representatives: Genco Shipping inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Genco. The board's role is to monitor Genco Shipping's management team and ensure that shareholders' interests are well served. Genco Shipping's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Genco Shipping's outside directors are responsible for providing unbiased perspectives on the board's policies.
Christoph Majeske, Independent Director
John Wobensmith, President, Chief Executive Officer, Company Secretary, Director
Jason Scheir, Independent Director
Kevin Mahony, Director
Joseph Adamo, Chief Accounting Officer, Controller, Treasurer
Ivo Kempenaer, Commercial VP
Joseph CPA, Controller Officer
Basil Mavroleon, Independent Director
Apostolos Zafolias, Chief Financial Officer, Executive Vice President - Finance
Michael Leffell, Director
Andy Brimmer, IR Contact Officer
Peter Georgiopoulos, Director
James Dolphin, Independent Chairman of the Board
Arthur Regan, Interim Executive Chairman of the Board
Ian Ashby, Director
Peter Kirchof, Director
Daniel Han, Independent Director
Captain Hughes, Chief Officer
Peter CFA, Chief Officer
Jesper Christensen, Chief Officer
Robert Hughes, Chief Operations Officer
John Brantl, Director
Karin Orsel, Independent Director
Eugene Davis, Director
Bao Truong, Director
Kathleen Haines, Independent Director

Genco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Genco Shipping a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Genco Shipping Trading is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genco Shipping Trading Stock. Highlighted below are key reports to facilitate an investment decision about Genco Shipping Trading Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genco Shipping Trading. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Genco Shipping's price analysis, check to measure Genco Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genco Shipping is operating at the current time. Most of Genco Shipping's value examination focuses on studying past and present price action to predict the probability of Genco Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genco Shipping's price. Additionally, you may evaluate how the addition of Genco Shipping to your portfolios can decrease your overall portfolio volatility.
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Is Genco Shipping's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Dividend Share
0.86
Earnings Share
(0.30)
Revenue Per Share
8.975
Quarterly Revenue Growth
(0.09)
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.