Castor Historical Balance Sheet
CTRM Stock | USD 4.03 0.10 2.54% |
Trend analysis of Castor Maritime balance sheet accounts such as Total Assets of 635.3 M, Other Current Liabilities of 4 M or Total Current Liabilities of 20.2 M provides information on Castor Maritime's total assets, liabilities, and equity, which is the actual value of Castor Maritime to its prevalent stockholders. By breaking down trends over time using Castor Maritime balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Castor Maritime latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Castor Maritime is a good buy for the upcoming year.
Castor Maritime Inventory |
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Castor |
About Castor Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Castor Maritime at a specified time, usually calculated after every quarter, six months, or one year. Castor Maritime Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Castor Maritime and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Castor currently owns. An asset can also be divided into two categories, current and non-current.
Castor Maritime Balance Sheet Chart
Castor Maritime Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Castor Maritime uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Castor Maritime's Non Currrent Assets Other are very stable compared to the past year. As of the 23rd of May 2024, Cash And Short Term Investments is likely to grow to about 119.4 M, while Total Current Liabilities is likely to drop about 20.2 M. Add Fundamental
Total Assets
Total assets refers to the total amount of Castor Maritime assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Castor Maritime books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Castor Maritime balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Castor Maritime are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Short Term Investments
Short Term Investments is an item under the current assets section of Castor Maritime balance sheet. It contains any investments Castor Maritime undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Castor Maritime can easily liquidate in the marketplace.Long Term Investments
Long Term Investments is an item on the asset side of Castor Maritime balance sheet that represents investments Castor Maritime intends to hold for over a year. Castor Maritime long term investments may include different instruments such as stocks, bonds, real estate and cash.Most accounts from Castor Maritime's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Castor Maritime current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.At this time, Castor Maritime's Non Currrent Assets Other are very stable compared to the past year. As of the 23rd of May 2024, Cash And Short Term Investments is likely to grow to about 119.4 M, while Total Current Liabilities is likely to drop about 20.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 9.0M | 7.8M | 6.5M | 4.0M | Total Assets | 462.9M | 632.9M | 605.0M | 635.3M |
Castor Maritime balance sheet Correlations
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Castor Maritime Account Relationship Matchups
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Castor Maritime balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 30.4M | 74.4M | 462.9M | 632.9M | 605.0M | 635.3M | |
Other Current Liab | 556.2K | 1.6M | 9.0M | 7.8M | 6.5M | 4.0M | |
Total Current Liabilities | 3.0M | 10.9M | 34.0M | 51.4M | 28.6M | 20.2M | |
Total Stockholder Equity | 13.2M | 52.4M | 342.9M | 461.5M | 461.2M | 484.2M | |
Net Tangible Assets | 13.2M | 52.4M | 342.9M | 461.5M | 530.7M | 557.3M | |
Property Plant And Equipment Net | 23.7M | 58.0M | 396.3M | 435.9M | 229.5M | 182.0M | |
Net Debt | 11.2M | 9.3M | 64.9M | 9.5M | 19.2M | 17.5M | |
Retained Earnings | 436.8K | (1.3M) | 39.2M | 157.7M | 194.7M | 204.5M | |
Accounts Payable | 410.6K | 2.1M | 5.0M | 9.2M | 2.8M | 3.1M | |
Cash | 4.6M | 8.9M | 37.2M | 142.4M | 113.7M | 119.4M | |
Non Current Assets Total | 24.2M | 60.8M | 407.9M | 466.7M | 362.8M | 210.1M | |
Non Currrent Assets Other | 500K | 2.3M | 6.9M | 19.7M | 4.0M | 6.5M | |
Other Assets | 500K | 2.8M | 13.9M | 30.8M | 1.0 | 0.95 | |
Long Term Debt | 14.2M | 11.1M | 85.9M | 120.1M | 65.7M | 46.7M | |
Cash And Short Term Investments | 4.6M | 8.9M | 37.2M | 142.4M | 113.7M | 119.4M | |
Net Receivables | 759.4K | 2.9M | (2.1M) | 3.0M | 8.6M | 9.0M | |
Common Stock Shares Outstanding | 26.6K | 677.4K | 8.5M | 9.5M | 22.0M | 23.1M | |
Liabilities And Stockholders Equity | 30.4M | 74.4M | 462.9M | 632.9M | 605.0M | 635.3M | |
Non Current Liabilities Total | 14.2M | 11.1M | 85.9M | 120.1M | 115.3M | 121.0M | |
Inventory | 143.5K | 714.8K | 4.4M | 2.8M | 977.6K | 1.4M | |
Other Current Assets | 902.6K | 1.1M | 15.4M | 19.2M | 119.0M | 125.0M | |
Other Stockholder Equity | 7.6M | 12.8M | 53.6M | 303.7M | 266.5M | 150.2M | |
Total Liab | 17.2M | 22.0M | 120.0M | 171.4M | 143.9M | 74.6M | |
Deferred Long Term Liab | 500K | 2.1M | 4.9M | 8.0M | 9.2M | 9.6M | |
Net Invested Capital | 29.0M | 70.6M | 445.0M | 613.3M | 544.6M | 571.8M | |
Property Plant And Equipment Gross | 23.7M | 58.0M | 396.3M | 435.9M | 262.1M | 187.1M | |
Short Long Term Debt | 1.5M | 7.1M | 16.1M | 31.8M | 17.7M | 11.7M | |
Total Current Assets | 6.2M | 13.6M | 55.0M | 166.2M | 242.3M | 254.4M | |
Net Working Capital | 3.2M | 2.7M | 21.0M | 114.9M | 213.7M | 224.4M | |
Short Term Debt | 1.5M | 7.1M | 16.1M | 31.8M | 17.7M | 11.7M | |
Property Plant Equipment | 23.7M | 58.0M | 394.0M | 435.9M | 501.3M | 526.3M |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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When running Castor Maritime's price analysis, check to measure Castor Maritime'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 Castor Maritime is operating at the current time. Most of Castor Maritime's value examination focuses on studying past and present price action to predict the probability of Castor Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Castor Maritime's price. Additionally, you may evaluate how the addition of Castor Maritime to your portfolios can decrease your overall portfolio volatility.
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Is Castor Maritime'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 Castor Maritime. If investors know Castor 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 Castor Maritime 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 (0.69) | Earnings Share 1 | Revenue Per Share 10.189 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0158 |
The market value of Castor Maritime is measured differently than its book value, which is the value of Castor that is recorded on the company's balance sheet. Investors also form their own opinion of Castor Maritime's value that differs from its market value or its book value, called intrinsic value, which is Castor Maritime'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 Castor Maritime's market value can be influenced by many factors that don't directly affect Castor Maritime'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 Castor Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Castor Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castor Maritime'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.