Castor Maritime Stock Cash And Equivalents
| CTRM Stock | USD 2.16 0.01 0.47% |
Fundamental analysis of Castor Maritime allows traders to better anticipate movements in Castor Maritime's stock price by examining its financial health and performance throughout various phases of its business cycle.
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Castor Maritime Company Cash And Equivalents Analysis
Castor Maritime's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current Castor Maritime Cash And Equivalents | 133.89 M |
Most of Castor Maritime's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Castor Maritime is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Castor Cash And Equivalents Driver Correlations
Understanding the fundamental principles of building solid financial models for Castor Maritime is extremely important. It helps to project a fair market value of Castor Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Castor Maritime's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Castor Maritime's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Castor Maritime's interrelated accounts and indicators.
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Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, Castor Maritime has 133.89 M in Cash And Equivalents. This is 65.93% lower than that of the Marine Transportation sector and significantly higher than that of the Industrials industry. The cash and equivalents for all United States stocks is 95.04% higher than that of the company.
Castor Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Castor Maritime's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Castor Maritime could also be used in its relative valuation, which is a method of valuing Castor Maritime by comparing valuation metrics of similar companies.Castor Maritime is currently under evaluation in cash and equivalents category among its peers.
Castor Maritime Current Valuation Drivers
We derive many important indicators used in calculating different scores of Castor Maritime from analyzing Castor Maritime's financial statements. These drivers represent accounts that assess Castor Maritime's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Castor Maritime's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 5.0M | 47.2M | 41.9M | 40.7M | 26.6M | 21.8M | |
| Enterprise Value | 14.2M | 112.0M | 51.4M | 12.7M | 50.0M | 33.8M |
Castor Maritime ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Castor Maritime's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Castor Maritime's managers, analysts, and investors.Environmental | Governance | Social |
Castor Fundamentals
| Return On Equity | 0.0269 | ||||
| Return On Asset | 0.0013 | ||||
| Profit Margin | 0.22 % | ||||
| Operating Margin | (0.39) % | ||||
| Current Valuation | 52.93 M | ||||
| Shares Outstanding | 9.66 M | ||||
| Shares Owned By Institutions | 4.20 % | ||||
| Number Of Shares Shorted | 41.38 K | ||||
| Price To Earning | 1.51 X | ||||
| Price To Book | 0.04 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 66.24 M | ||||
| Gross Profit | 35.27 M | ||||
| EBITDA | 34.53 M | ||||
| Net Income | 15.3 M | ||||
| Cash And Equivalents | 133.89 M | ||||
| Cash Per Share | 1.41 X | ||||
| Total Debt | 111.32 M | ||||
| Debt To Equity | 0.32 % | ||||
| Current Ratio | 3.67 X | ||||
| Book Value Per Share | 50.96 X | ||||
| Cash Flow From Operations | 41.91 M | ||||
| Short Ratio | 0.63 X | ||||
| Earnings Per Share | 0.38 X | ||||
| Number Of Employees | 155 | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 20.78 M | ||||
| Total Asset | 797.38 M | ||||
| Retained Earnings | 228.53 M | ||||
| Working Capital | 189.46 M | ||||
| Current Asset | 7.72 M | ||||
| Current Liabilities | 3.7 M | ||||
| Net Asset | 797.38 M |
About Castor Maritime Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Castor Maritime's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Castor Maritime using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Castor Maritime based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ProphetCheck out Castor Maritime Piotroski F Score and Castor Maritime Altman Z Score analysis. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Marine Transportation space 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 0.187 | Earnings Share 0.38 | Revenue Per Share | Quarterly Revenue Growth (0.39) | Return On Assets |
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.