Castor Market Capitalization vs Free Cash Flow Analysis

CTRM Stock

USD 3.26 0.02 0.61%

Castor Maritime financial indicator trend analysis is way more than just evaluating Castor Maritime prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Castor Maritime is a good investment. Please check the relationship between Castor Maritime Market Cap and its Free Cash Flow accounts. 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.

Market Cap vs Free Cash Flow

Market Capitalization vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Castor Maritime Market Capitalization account and Free Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Castor Maritime's Market Capitalization and Free Cash Flow is -0.33. Overlapping area represents the amount of variation of Market Capitalization that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Castor Maritime, assuming nothing else is changed. The correlation between historical values of Castor Maritime's Market Capitalization and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Market Capitalization of Castor Maritime are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Market Capitalization i.e., Castor Maritime's Market Capitalization and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Market Cap

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Castor Maritime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Issuance Of Capital Stock is very stable compared to the past year. As of the 24th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.11, while Selling General Administrative is likely to drop about 5.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	65.5M	140.3M	28.5M	37.9M
Total Revenue	132.0M	262.1M	97.5M	81.1M

Gross Profit Total Revenue

Castor Maritime fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Common Stock
Total Assets		0.91	0.91	1.0	0.99	0.89	0.61	0.94	0.84	0.96	0.93	0.38	0.96	0.68	0.9	0.92	1.0	0.75	0.79	0.93	0.94	1.0	0.9	0.93	0.88	0.74
Other Current Liab	0.91		0.96	0.9	0.87	0.98	0.81	0.72	0.89	0.79	0.99	0.39	0.79	0.36	0.85	0.72	0.9	0.93	0.53	1.0	0.96	0.92	0.99	0.71	0.63	0.79
Total Current Liabilities	0.91	0.96		0.9	0.86	0.98	0.64	0.76	0.98	0.87	0.98	0.54	0.87	0.41	0.84	0.68	0.91	0.87	0.48	0.97	0.98	0.93	0.98	0.73	0.64	0.79
Total Stockholder Equity	1.0	0.9	0.9		1.0	0.88	0.61	0.94	0.82	0.96	0.92	0.37	0.96	0.7	0.9	0.93	1.0	0.74	0.81	0.92	0.93	1.0	0.89	0.94	0.89	0.73
Net Tangible Assets	0.99	0.87	0.86	1.0		0.84	0.58	0.96	0.78	0.96	0.89	0.33	0.96	0.74	0.89	0.95	0.99	0.7	0.85	0.89	0.91	0.99	0.86	0.96	0.92	0.71
Property Plant And Equipment Net	0.89	0.98	0.98	0.88	0.84		0.75	0.69	0.95	0.8	0.98	0.52	0.8	0.3	0.8	0.65	0.88	0.94	0.44	0.98	0.96	0.91	1.0	0.67	0.57	0.75
Net Debt	0.61	0.81	0.64	0.61	0.58	0.75		0.35	0.56	0.37	0.72	-0.01	0.37	0.05	0.65	0.48	0.61	0.89	0.33	0.75	0.64	0.62	0.74	0.37	0.3	0.62
Retained Earnings	0.94	0.72	0.76	0.94	0.96	0.69	0.35		0.67	0.97	0.77	0.32	0.97	0.87	0.8	0.96	0.94	0.48	0.91	0.76	0.82	0.93	0.72	1.0	0.98	0.6
Accounts Payable	0.84	0.89	0.98	0.82	0.78	0.95	0.56	0.67		0.82	0.92	0.64	0.82	0.31	0.78	0.56	0.83	0.85	0.35	0.9	0.91	0.86	0.95	0.64	0.54	0.75
Cash	0.96	0.79	0.87	0.96	0.96	0.8	0.37	0.97	0.82		0.85	0.47	1.0	0.76	0.82	0.88	0.96	0.59	0.78	0.84	0.9	0.96	0.82	0.95	0.91	0.66
Non Current Assets Total	0.93	0.99	0.98	0.92	0.89	0.98	0.72	0.77	0.92	0.85		0.46	0.85	0.42	0.84	0.73	0.93	0.88	0.55	1.0	0.99	0.94	0.99	0.76	0.67	0.77
Non Currrent Assets Other	0.38	0.39	0.54	0.37	0.33	0.52	-0.01	0.32	0.64	0.47	0.46		0.47	-0.01	0.18	0.13	0.37	0.39	-0.03	0.42	0.45	0.41	0.5	0.25	0.18	0.14
Cash And Short Term Investments	0.96	0.79	0.87	0.96	0.96	0.8	0.37	0.97	0.82	1.0	0.85	0.47		0.76	0.82	0.88	0.96	0.59	0.78	0.84	0.9	0.96	0.82	0.95	0.91	0.66
Net Receivables	0.68	0.36	0.41	0.7	0.74	0.3	0.05	0.87	0.31	0.76	0.42	-0.01	0.76		0.67	0.86	0.69	0.07	0.92	0.42	0.5	0.66	0.33	0.89	0.93	0.5
Common Stock Total Equity	0.9	0.85	0.84	0.9	0.89	0.8	0.65	0.8	0.78	0.82	0.84	0.18	0.82	0.67		0.82	0.89	0.73	0.72	0.85	0.84	0.89	0.82	0.82	0.77	0.94
Common Stock Shares Outstanding	0.92	0.72	0.68	0.93	0.95	0.65	0.48	0.96	0.56	0.88	0.73	0.13	0.88	0.86	0.82		0.92	0.5	0.97	0.75	0.76	0.9	0.67	0.98	0.98	0.61
Non Current Liabilities Total	1.0	0.9	0.91	1.0	0.99	0.88	0.61	0.94	0.83	0.96	0.93	0.37	0.96	0.69	0.89	0.92		0.74	0.8	0.92	0.94	1.0	0.9	0.94	0.89	0.73
Inventory	0.75	0.93	0.87	0.74	0.7	0.94	0.89	0.48	0.85	0.59	0.88	0.39	0.59	0.07	0.73	0.5	0.74		0.28	0.89	0.81	0.77	0.93	0.47	0.37	0.7
Other Current Assets	0.79	0.53	0.48	0.81	0.85	0.44	0.33	0.91	0.35	0.78	0.55	-0.03	0.78	0.92	0.72	0.97	0.8	0.28		0.57	0.6	0.77	0.47	0.93	0.96	0.49
Other Stockholder Equity	0.93	1.0	0.97	0.92	0.89	0.98	0.75	0.76	0.9	0.84	1.0	0.42	0.84	0.42	0.85	0.75	0.92	0.89	0.57		0.98	0.94	0.99	0.75	0.67	0.78
Total Liab	0.94	0.96	0.98	0.93	0.91	0.96	0.64	0.82	0.91	0.9	0.99	0.45	0.9	0.5	0.84	0.76	0.94	0.81	0.6	0.98		0.95	0.97	0.8	0.73	0.77
Net Invested Capital	1.0	0.92	0.93	1.0	0.99	0.91	0.62	0.93	0.86	0.96	0.94	0.41	0.96	0.66	0.89	0.9	1.0	0.77	0.77	0.94	0.95		0.92	0.92	0.86	0.74
Property Plant And Equipment Gross	0.9	0.99	0.98	0.89	0.86	1.0	0.74	0.72	0.95	0.82	0.99	0.5	0.82	0.33	0.82	0.67	0.9	0.93	0.47	0.99	0.97	0.92		0.7	0.6	0.75
Total Current Assets	0.93	0.71	0.73	0.94	0.96	0.67	0.37	1.0	0.64	0.95	0.76	0.25	0.95	0.89	0.82	0.98	0.94	0.47	0.93	0.75	0.8	0.92	0.7		0.99	0.62
Net Working Capital	0.88	0.63	0.64	0.89	0.92	0.57	0.3	0.98	0.54	0.91	0.67	0.18	0.91	0.93	0.77	0.98	0.89	0.37	0.96	0.67	0.73	0.86	0.6	0.99		0.55
Common Stock	0.74	0.79	0.79	0.73	0.71	0.75	0.62	0.6	0.75	0.66	0.77	0.14	0.66	0.5	0.94	0.61	0.73	0.7	0.49	0.78	0.77	0.74	0.75	0.62	0.55

Click cells to compare fundamentals

Castor Maritime Account Relationship Matchups

Castor Maritime fundamental ratios 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

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Castor Maritime in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Castor Maritime's short interest history, or implied volatility extrapolated from Castor Maritime options trading.

Pair Trading with Castor Maritime

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Castor Maritime position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Castor Maritime will appreciate offsetting losses from the drop in the long position's value.

Moving against Castor Stock

0.92	KEX	Kirby Earnings Call Tomorrow	Pair Corr
0.87	EGLE	Eagle Bulk Shipping Earnings Call Next Week	Pair Corr
0.82	SB-PD	Safe Bulkers	Pair Corr
0.82	NMM	Navios Maritime Partners Financial Report 28th of May 2024	Pair Corr
0.8	SB-PC	Safe Bulkers	Pair Corr

The ability to find closely correlated positions to Castor Maritime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Castor Maritime when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Castor Maritime - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Castor Maritime to buy it.

The correlation of Castor Maritime is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Castor Maritime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Castor Maritime moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Castor Maritime can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Castor Maritime is a strong investment it is important to analyze Castor Maritime's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Castor Maritime's future performance. For an informed investment choice regarding Castor Stock, refer to the following important reports:

How To Invest In Castor

Details

Is Castor Stock a good investment?

Details

What is Castor Maritime's Net Worth?

Details

Largest Marine Transportation Companies

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Largest Marine Shipping Companies

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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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Castor Stock analysis

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

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.

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Castor Market Capitalization vs Free Cash Flow Analysis

Market Cap vs Free Cash Flow

Market Capitalization vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Market Cap

Free Cash Flow

Castor Maritime fundamental ratios Correlations

Castor Maritime Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Castor Maritime fundamental ratios Accounts

Pair Trading with Castor Maritime

Moving against Castor Stock

Complementary Tools for Castor Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Other Current Liab
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Non Current Liabilities Total	+ 1.0	Total Stockholder Equity

Other Current Assets	- 0.03	Non Currrent Assets Other
Net Receivables	- 0.01	Non Currrent Assets Other
Non Currrent Assets Other	- 0.01	Net Debt