Castor Historical Income Statement
| CTRM Stock | USD 3.59 0.08 2.28% |
Historical analysis of Castor Maritime income statement accounts such as Discontinued Operations of 0.0, Depreciation And Amortization of 24.1 M or Interest Expense of 11.8 M can show how well Castor Maritime performed in making a profits. Evaluating Castor Maritime income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Castor Maritime's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Castor Maritime latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Castor Maritime is a good buy for the upcoming year.
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About Castor Income Statement Analysis
Castor Maritime Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Castor Maritime shareholders. The income statement also shows Castor investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Castor Maritime Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Castor Maritime generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Castor Maritime minus its cost of goods sold. It is profit before Castor Maritime operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Castor Maritime. It is also known as Castor Maritime overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Castor Maritime's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Castor Maritime current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 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.At this time, Castor Maritime's Reconciled Depreciation is very stable compared to the past year. As of the 1st of December 2024, Income Before Tax is likely to grow to about 30.7 M, while Selling General Administrative is likely to drop about 6.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 65.5M | 140.3M | 28.5M | 37.9M | Total Revenue | 132.0M | 262.1M | 97.5M | 81.1M |
Castor Maritime income statement Correlations
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Castor Maritime Account Relationship Matchups
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Castor Maritime income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Interest Income | (190.6K) | (2.2M) | (2.8M) | (7.0M) | (8.0M) | (7.6M) | |
| Interest Income | 31.6K | 35.0K | 75.1K | 1.6M | 3.2M | 3.4M | |
| Depreciation And Amortization | 897.2K | 1.9M | 14.4M | 19.3M | 23.0M | 24.1M | |
| Interest Expense | 190.6K | 1.0M | 2.8M | 7.0M | 11.3M | 11.8M | |
| Selling General Administrative | 723.2K | 2.1M | 10.0M | 16.4M | 12.8M | 6.7M | |
| Total Revenue | 6.0M | 12.5M | 132.0M | 262.1M | 97.5M | 81.1M | |
| Gross Profit | 2.0M | 2.6M | 65.5M | 140.3M | 28.5M | 37.9M | |
| Other Operating Expenses | 4.7M | 12.0M | 76.5M | 138.5M | 75.5M | 49.0M | |
| Operating Income | 381.6K | (671.6K) | 55.5M | 126.8M | 22.0M | 32.3M | |
| Net Income From Continuing Ops | 1.1M | (1.8M) | 52.3M | 118.6M | 21.3M | 30.4M | |
| Ebit | 381.6K | 457.7K | 55.6M | 70.8M | 32.7M | 25.3M | |
| Ebitda | 1.3M | 2.4M | 70.0M | 90.1M | 55.7M | 34.8M | |
| Cost Of Revenue | 4.0M | 9.9M | 66.5M | 121.8M | 69.0M | 43.2M | |
| Total Operating Expenses | 723.2K | 2.1M | 10.0M | 16.7M | 12.8M | 6.8M | |
| Reconciled Depreciation | 897.2K | 1.9M | 14.4M | 25.8M | 22.1M | 23.2M | |
| Income Before Tax | 1.1M | (1.7M) | 52.8M | 119.9M | 21.5M | 30.7M | |
| Total Other Income Expense Net | 706.6K | (2.2M) | (2.8M) | (6.2M) | (527.0K) | (553.3K) | |
| Net Income Applicable To Common Shares | 828.8K | (1.8M) | 40.5M | 118.6M | 136.3M | 143.2M | |
| Net Income | 1.8M | (1.8M) | 40.5M | 118.6M | 38.6M | 31.4M | |
| Income Tax Expense | (711.1K) | 21.6K | 497.3K | 1.3M | 177.8K | 186.7K |
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Try AI Portfolio ArchitectCheck 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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 3.72 | Revenue Per Share 7.911 | Quarterly Revenue Growth (0.37) | Return On Assets 0.0162 |
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.