Castor Maritime Financials

Trends View

Profitability View

Liquidity View

Fundamentals View

Competition View

Castor Maritime Stock Summary

Castor Maritime competes with Seanergy Maritime, TOP Ships, United Maritime, Nordic American, and Globus Maritime. The company operates through three segments Dry Bulk, AframaxLR2 Tanker, and Handysize Tanker. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus. Castor Maritime operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange. It employs 1 people.

Castor Maritime Key Financial Ratios

Castor Maritime Key Balance Sheet Accounts

Castor Maritime Key Income Statement Accounts

Castor Maritime Key Cash Accounts

Castor Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Castor Maritime's current stock value. Our valuation model uses many indicators to compare Castor Maritime value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Castor Maritime competition to find correlations between indicators driving Castor Maritime's intrinsic value. More Info.Castor Maritime is rated third in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.12  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Castor Maritime is roughly  8.64 . At this time, Castor Maritime's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Castor Maritime by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Castor Maritime Systematic Risk

Today, most investors in Castor Maritime Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Castor Maritime's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Castor Maritime growth as a starting point in their analysis.

Along with financial statement analysis, the daily predictive indicators of Castor Maritime help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Castor Maritime. We use our internally-developed statistical techniques to arrive at the intrinsic value of Castor Maritime based on widely used predictive technical indicators. In general, we focus on analyzing Castor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Castor Maritime's daily price indicators and compare them against related drivers.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.

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.