Navios Maritime Partners L.P.

Navios Maritime Partners L.P.verified

NMM

Price:

$56.76

Market Cap:

$1.71B

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters. It operates a fleet of 26 Panamax vessels, 24 Capesize vessels, four Ultra-Handymax vessels, 47 containerships, and 45 tankers. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.[Read more]

Industry

Marine Shipping

IPO Date

2007-11-13

Stock Exchange

NYSE

Ticker

NMM

The Current Ratio as of September 2024 (TTM) for Navios Maritime Partners L.P. (NMM) is 3.72

According to Navios Maritime Partners L.P.’s latest financial reports and current stock price. The company's current Current Ratio is 3.72. This represents a change of 135.76% compared to the average of 1.58 of the last 4 quarters.

Navios Maritime Partners L.P. (NMM) Historical Current Ratio (quarterly & annually)

How has NMM Current Ratio performed in the past?

The mean historical Current Ratio of Navios Maritime Partners L.P. over the last ten years is 1.24. The current 3.72 Current Ratio has changed 29.86% with respect to the historical average. Over the past ten years (40 quarters), NMM's Current Ratio was at its highest in in the September 2014 quarter at 5.41. The Current Ratio was at its lowest in in the September 2020 quarter at 0.24.

Quarterly (TTM)
Annual

Average

1.24

Median

0.96

Minimum

0.50

Maximum

3.57

Navios Maritime Partners L.P. (NMM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Navios Maritime 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 = 95.22%

Maximum Annual Current Ratio = 3.57

Minimum Annual Increase = -73.12%

Minimum Annual Current Ratio = 0.50

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.8773.08%
20220.50-12.19%
20210.57-51.59%
20201.1824.11%
20190.95-55.14%
20182.1290.99%
20171.1195.22%
20160.57-40.63%
20150.96-73.12%
20143.572.23%

Navios Maritime Partners L.P. (NMM) Average Current Ratio

How has NMM Current Ratio performed in the past?

The current Current Ratio of Navios Maritime Partners L.P. (NMM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.65

5-year avg

0.82

10-year avg

1.24

Navios Maritime Partners L.P. (NMM) Current Ratio vs. Peers

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

Navios Maritime Partners L.P.’s Current Ratio is less than Global Ship Lease, Inc. (0), greater than Costamare Inc. (1.42), greater than Genco Shipping & Trading Limited (1.61), greater than Eagle Bulk Shipping Inc. (3.59), greater than Danaos Corporation (0.89), less than Capital Product Partners L.P. (4.18), greater than Euroseas Ltd. (0.53), greater than Ardmore Shipping Corporation (1.46), greater than EuroDry Ltd. (3.50), greater than null (0.98),

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