Castor Maritime Inc.

Castor Maritime Inc.verified

CTRM

Price:

$4.21

Market Cap:

$40.68M

Castor Maritime Inc. provides shipping services worldwide. The company operates through three segments: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. It offers seaborne transportation services for dry bulk cargo; commodities, such as iron ore, coal, soybeans, etc.; and crude oil and refined petroleum products. As of December 31, 2021, the company owned and operated a fleet of 29 vessels primarily consisting of two Handysize tanker vessels, seven Aframax/LR2 tanker vessels, and 14 dry bulk vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.[Read more]

Industry

Marine Shipping

IPO Date

2019-02-11

Stock Exchange

NASDAQ

Ticker

CTRM

The Current Ratio as of September 2024 (TTM) for Castor Maritime Inc. (CTRM) is 10.03

According to Castor Maritime Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 10.03. This represents a change of 27.24% compared to the average of 7.88 of the last 4 quarters.

Castor Maritime Inc. (CTRM) Historical Current Ratio (quarterly & annually)

How has CTRM Current Ratio performed in the past?

The mean historical Current Ratio of Castor Maritime Inc. over the last ten years is 5.26. The current 10.03 Current Ratio has changed 18.97% with respect to the historical average. Over the past ten years (40 quarters), CTRM's Current Ratio was at its highest in in the September 2018 quarter at 14.14. The Current Ratio was at its lowest in in the December 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

5.26

Median

3.24

Minimum

1.24

Maximum

14.14

Castor Maritime Inc. (CTRM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Castor Maritime Inc. 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 = 161.70%

Maximum Annual Current Ratio = 14.14

Minimum Annual Increase = -85.25%

Minimum Annual Current Ratio = 1.24

Quarterly (TTM)
Annual
YearCurrent RatioChange
20238.47161.70%
20223.24100.26%
20211.6229.93%
20201.24-40.35%
20192.09-85.25%
201814.14134.74%

Castor Maritime Inc. (CTRM) Average Current Ratio

How has CTRM Current Ratio performed in the past?

The current Current Ratio of Castor Maritime Inc. (CTRM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.44

5-year avg

3.33

10-year avg

5.26

Castor Maritime Inc. (CTRM) Current Ratio vs. Peers

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

Castor Maritime Inc.’s Current Ratio is greater than Seanergy Maritime Holdings Corp. (0.55), greater than Top Ships Inc. (0.94), greater than United Maritime Corporation (0.47), greater than Nordic American Tankers Limited (0.77), greater than Globus Maritime Limited (6.13), greater than Safe Bulkers, Inc. (1.88), greater than Euroseas Ltd. (1.46), greater than Performance Shipping Inc. (5.61), greater than Genco Shipping & Trading Limited (3.59), greater than Golden Ocean Group Limited (1.17), greater than Eagle Bulk Shipping Inc. (0.89), greater than Star Bulk Carriers Corp. (1.51), less than OceanPal Inc. (12.38),

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