Toro Corp.

Toro Corp.verified

TORO

Price:

$3.495

Market Cap:

$66.73M

Toro Corp. acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide. The company operates through Aframax/LR2 tanker and Handysize tanker segments. It operates a fleet of eight tanker vessels with an aggregate cargo carrying capacity of 0.7 million dwt. The company was incorporated in 2022 and is headquartered in Limassol, Cyprus.[Read more]

Industry

Marine Shipping

IPO Date

2023-03-03

Stock Exchange

NASDAQ

Ticker

TORO

The Current Ratio as of September 2024 (TTM) for Toro Corp. (TORO) is 34.24

According to Toro Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 34.24. This represents a change of 27.64% compared to the average of 26.83 of the last 4 quarters.

Toro Corp. (TORO) Historical Current Ratio (quarterly & annually)

How has TORO Current Ratio performed in the past?

The mean historical Current Ratio of Toro Corp. over the last ten years is 10.41. The current 34.24 Current Ratio has changed 32.79% with respect to the historical average. Over the past ten years (40 quarters), TORO's Current Ratio was at its highest in in the March 2024 quarter at 36.14. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

10.41

Median

8.40

Minimum

1.82

Maximum

21.01

Toro Corp. (TORO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Toro Corp. 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 = 361.96%

Maximum Annual Current Ratio = 21.01

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 1.82

Quarterly (TTM)
Annual
YearCurrent RatioChange
202321.01150.13%
20228.40361.96%

Toro Corp. (TORO) Average Current Ratio

How has TORO Current Ratio performed in the past?

The current Current Ratio of Toro Corp. (TORO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

10.41

5-year avg

10.41

10-year avg

10.41

Toro Corp. (TORO) Current Ratio vs. Peers

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

Toro Corp.’s Current Ratio is greater than Seanergy Maritime Holdings Corp. (0.55), greater than Globus Maritime Limited (7.33), greater than Top Ships Inc. (0.94), greater than Diana Shipping Inc. (0), greater than United Maritime Corporation (0.47), greater than Castor Maritime Inc. (10.03), greater than Safe Bulkers, Inc. (1.88), greater than Performance Shipping Inc. (5.61), greater than Euroseas Ltd. (1.46), greater than Pyxis Tankers Inc. (3.98), greater than Cool Company Ltd. (0.34), greater than Navios Maritime Partners L.P. (3.72), greater than Golden Ocean Group Limited (1.17), greater than Star Bulk Carriers Corp. (1.51), greater than ZIM Integrated Shipping Services Ltd. (1.04),

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