Costamare Total Operating Expenses vs Net Interest Income Analysis
CMRE Stock | USD 13.19 0.01 0.08% |
Costamare financial indicator trend analysis is way more than just evaluating Costamare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Costamare is a good investment. Please check the relationship between Costamare Total Operating Expenses and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costamare. 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. For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.
Total Operating Expenses vs Net Interest Income
Total Operating Expenses vs Net Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Costamare Total Operating Expenses account and Net Interest Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Costamare's Total Operating Expenses and Net Interest Income is -0.24. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Costamare, assuming nothing else is changed. The correlation between historical values of Costamare's Total Operating Expenses and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Costamare are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Total Operating Expenses i.e., Costamare's Total Operating Expenses and Net Interest Income go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most indicators from Costamare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Costamare current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costamare. 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. For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.At present, Costamare's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.06, whereas Enterprise Value Multiple is forecasted to decline to 4.10.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 86.0M | 122.2M | 163.0M | 90.7M | Depreciation And Amortization | 147.4M | 179.5M | 186.1M | 120.3M |
Costamare fundamental ratios Correlations
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Costamare Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Costamare fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.0B | 3.0B | 4.4B | 4.9B | 5.3B | 3.2B | |
Short Long Term Debt Total | 1.6B | 1.6B | 2.6B | 2.6B | 2.6B | 1.9B | |
Other Current Liab | 22.4M | 7.4M | 21.6M | 58.6M | 53.1M | 43.9M | |
Total Current Liabilities | 266.5M | 207.0M | 370.0M | 423.1M | 662.8M | 695.9M | |
Total Stockholder Equity | 1.4B | 1.3B | 1.7B | 2.2B | 2.4B | 2.5B | |
Other Liab | 7.9M | 29.6M | 33.9M | 51.7M | 46.5M | 41.7M | |
Property Plant And Equipment Net | 2.6B | 2.6B | 3.8B | 3.7B | 3.8B | 2.6B | |
Current Deferred Revenue | 10.4M | 11.9M | 23.8M | 25.2M | 52.2M | 54.8M | |
Net Debt | 1.4B | 1.4B | 2.3B | 1.9B | 1.9B | 1.7B | |
Retained Earnings | 60.6M | (9.7M) | 341.5M | 746.7M | 1.0B | 1.1B | |
Accounts Payable | 6.2M | 7.6M | 18.9M | 18.2M | 46.8M | 49.1M | |
Cash | 148.9M | 143.9M | 276.0M | 718.0M | 745.5M | 782.8M | |
Non Current Assets Total | 2.8B | 2.8B | 4.0B | 3.9B | 4.2B | 2.9B | |
Non Currrent Assets Other | 50.6M | 51.4M | 70.3M | 193.3M | 187.0M | 118.4M | |
Other Assets | 71.2M | 79.2M | 118.9M | 193.3M | 222.3M | 233.4M | |
Long Term Debt | 1.2B | 1.3B | 2.2B | 2.3B | 2.0B | 1.6B | |
Cash And Short Term Investments | 148.9M | 143.9M | 276.0M | 838.1M | 790.4M | 829.9M | |
Net Receivables | 16.6M | 8.2M | 27.9M | 41.0M | 83.0M | 87.2M | |
Common Stock Shares Outstanding | 115.7M | 120.7M | 123.1M | 123.0M | 120.3M | 95.3M | |
Short Term Investments | 112K | 3.5M | 0.0 | 120.0M | 67.5M | 70.8M | |
Liabilities And Stockholders Equity | 3.0B | 3.0B | 4.4B | 4.9B | 5.3B | 3.2B | |
Non Current Liabilities Total | 1.3B | 1.5B | 2.3B | 2.3B | 2.2B | 1.7B | |
Inventory | 10.5M | 10.5M | 21.4M | 28.0M | 61.3M | 64.3M | |
Other Current Assets | 8.6M | 29.5M | 100.9M | 126.9M | 181.3M | 190.3M | |
Other Stockholder Equity | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B | 1.1B | |
Total Liab | 1.6B | 1.7B | 2.7B | 2.7B | 2.8B | 2.1B | |
Property Plant And Equipment Gross | 2.6B | 2.6B | 3.8B | 4.8B | 5.0B | 2.8B | |
Total Current Assets | 197.2M | 192.1M | 426.1M | 1.0B | 1.1B | 1.2B | |
Accumulated Other Comprehensive Income | (1.2M) | (8.0M) | (2.2M) | 46.4M | 21.4M | 22.5M | |
Short Term Debt | 227.6M | 180.1M | 305.7M | 321.1M | 510.7M | 536.2M | |
Property Plant Equipment | 2.6B | 2.6B | 3.8B | 3.7B | 4.2B | 2.6B | |
Deferred Long Term Liab | 22.0M | 27.7M | 31.9M | 55.0M | 63.3M | 66.5M | |
Long Term Investments | 111.7M | 78.2M | 19.9M | 21.0M | 211.7M | 112.8M | |
Short Long Term Debt | 210.7M | 147.1M | 272.4M | 320.1M | 347.0M | 307.7M | |
Net Tangible Assets | 1.4B | 1.3B | 1.7B | 2.2B | 2.5B | 1.5B | |
Capital Lease Obligations | 136.7M | 132.9M | 116.4M | 0.0 | 301.6M | 175.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Costamare is a strong investment it is important to analyze Costamare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Costamare's future performance. For an informed investment choice regarding Costamare Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costamare. 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. For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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 Costamare. If investors know Costamare 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 Costamare 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 0.399 | Dividend Share 0.46 | Earnings Share 3.01 | Revenue Per Share 17.083 | Quarterly Revenue Growth 0.36 |
The market value of Costamare is measured differently than its book value, which is the value of Costamare that is recorded on the company's balance sheet. Investors also form their own opinion of Costamare's value that differs from its market value or its book value, called intrinsic value, which is Costamare'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 Costamare's market value can be influenced by many factors that don't directly affect Costamare'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 Costamare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costamare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costamare'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.