Capital Product Partners L.P.

Capital Product Partners L.P.verified

CPLP

Price:

$16.77

Market Cap:

$979.16M

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transport a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo under short-term voyage charters, and medium to long-term time charters. As of April 27, 2022, the company owned 21 vessels, including 11 Neo-Panamax container vessels, three Panamax container vessels, one cape-size bulk carrier, and six LNG carriers. Capital GP L.L.C. serves as the general partner of the company. The company was incorporated in 2007 and is headquartered in Piraeus, Greece.[Read more]

Industry

Marine Shipping

IPO Date

2007-03-30

Stock Exchange

NASDAQ

Ticker

CPLP

The Current Ratio as of September 2024 (TTM) for Capital Product Partners L.P. (CPLP) is 0.53

According to Capital Product Partners L.P.’s latest financial reports and current stock price. The company's current Current Ratio is 0.53. This represents a change of -49.34% compared to the average of 1.04 of the last 4 quarters.

Capital Product Partners L.P. (CPLP) Historical Current Ratio (quarterly & annually)

How has CPLP Current Ratio performed in the past?

The mean historical Current Ratio of Capital Product Partners L.P. over the last ten years is 1.29. The current 0.53 Current Ratio has changed 3.97% with respect to the historical average. Over the past ten years (40 quarters), CPLP's Current Ratio was at its highest in in the September 2014 quarter at 3.78. The Current Ratio was at its lowest in in the March 2020 quarter at 0.28.

Quarterly (TTM)
Annual

Average

1.29

Median

1.12

Minimum

0.29

Maximum

3.78

Capital Product Partners L.P. (CPLP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Capital Product Partners L.P. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 386.85%

Maximum Annual Current Ratio = 3.78

Minimum Annual Increase = -69.28%

Minimum Annual Current Ratio = 0.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.23-12.59%
20221.40386.85%
20210.29-69.28%
20200.94-7.93%
20191.0281.71%
20180.56-34.57%
20170.86-32.98%
20161.28-20.23%
20151.60-57.57%
20143.7899.42%

Capital Product Partners L.P. (CPLP) Average Current Ratio

How has CPLP Current Ratio performed in the past?

The current Current Ratio of Capital Product Partners L.P. (CPLP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.97

5-year avg

0.97

10-year avg

1.29

Capital Product Partners L.P. (CPLP) Current Ratio vs. Peers

How is CPLP’s Current Ratio compared to its peers?

Capital Product Partners L.P.’s Current Ratio is less than Danaos Corporation (4.18), less than Global Ship Lease, Inc. (1.42), less than Euroseas Ltd. (1.46), less than Navios Maritime Partners L.P. (3.72), less than EuroDry Ltd. (0.98), less than Costamare Inc. (1.61), less than Matson, Inc. (0.93), less than Himalaya Shipping Ltd. (0.78), greater than Cool Company Ltd. (0.34), less than Eneti Inc. (3.64), less than Navios Maritime Holdings Inc. (1.20),

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