Castor Net Interest Income vs Operating Income Analysis

CTRM Stock

USD 3.59 0.08 2.28%

Castor Maritime financial indicator trend analysis is way more than just evaluating Castor Maritime prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Castor Maritime is a good investment. Please check the relationship between Castor Maritime Net Interest Income and its Operating Income accounts. 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.

Net Interest Income vs Operating Income

Net Interest Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Castor Maritime Net Interest Income account and Operating Income. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Castor Maritime's Net Interest Income and Operating Income is -0.68. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Castor Maritime, assuming nothing else is changed. The correlation between historical values of Castor Maritime's Net Interest Income and Operating 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 Net Interest Income of Castor Maritime are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Interest Income i.e., Castor Maritime's Net Interest Income and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.68

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

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.

Operating Income

Operating Income is the amount of profit realized from Castor Maritime operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Castor Maritime is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Castor Maritime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.As of the 1st of December 2024, Issuance Of Capital Stock is likely to grow to about 136.3 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

Gross Profit Total Revenue

Castor Maritime fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Total Current Assets	Net Working Capital	Common Stock
Total Assets		0.89	0.91	1.0	0.99	0.89	-0.03	0.94	0.86	0.96	0.93	0.67	0.93	0.87	0.9	0.92	0.91	0.75	0.91	0.93	0.91	1.0	0.9	0.93	0.88	0.74
Other Current Liab	0.89		0.99	0.88	0.84	0.98	0.27	0.73	0.99	0.86	0.97	0.72	0.72	0.64	0.78	0.63	0.99	0.86	0.82	0.95	0.99	0.91	0.98	0.7	0.6	0.73
Total Current Liabilities	0.91	0.99		0.9	0.86	0.98	0.25	0.76	0.99	0.87	0.98	0.69	0.74	0.7	0.84	0.68	0.99	0.87	0.83	0.97	1.0	0.93	0.98	0.73	0.64	0.79
Total Stockholder Equity	1.0	0.88	0.9		1.0	0.88	-0.05	0.94	0.84	0.96	0.92	0.67	0.94	0.88	0.9	0.93	0.9	0.74	0.91	0.92	0.9	1.0	0.89	0.94	0.89	0.73
Net Tangible Assets	0.99	0.84	0.86	1.0		0.84	-0.11	0.96	0.8	0.95	0.89	0.65	0.96	0.9	0.89	0.95	0.86	0.7	0.91	0.89	0.86	0.99	0.86	0.96	0.92	0.71
Property Plant And Equipment Net	0.89	0.98	0.98	0.88	0.84		0.38	0.69	0.97	0.81	0.98	0.64	0.68	0.72	0.8	0.65	0.99	0.94	0.75	0.98	0.99	0.91	1.0	0.67	0.57	0.75
Net Debt	-0.03	0.27	0.25	-0.05	-0.11	0.38		-0.37	0.33	-0.22	0.26	-0.2	-0.38	0.04	0.05	-0.31	0.29	0.63	-0.31	0.27	0.28	0.0	0.35	-0.37	-0.47	0.2
Retained Earnings	0.94	0.73	0.76	0.94	0.96	0.69	-0.37		0.68	0.97	0.77	0.69	1.0	0.79	0.8	0.96	0.75	0.48	0.96	0.76	0.75	0.93	0.72	1.0	0.98	0.6
Accounts Payable	0.86	0.99	0.99	0.84	0.8	0.97	0.33	0.68		0.82	0.94	0.64	0.67	0.62	0.81	0.58	0.97	0.88	0.78	0.93	0.98	0.88	0.97	0.65	0.55	0.79
Cash	0.96	0.86	0.87	0.96	0.95	0.81	-0.22	0.97	0.82		0.86	0.75	0.96	0.73	0.82	0.88	0.86	0.59	0.99	0.84	0.87	0.96	0.82	0.95	0.91	0.66
Non Current Assets Total	0.93	0.97	0.98	0.92	0.89	0.98	0.26	0.77	0.94	0.86		0.69	0.76	0.77	0.84	0.73	0.99	0.88	0.8	1.0	0.99	0.94	0.99	0.76	0.67	0.77
Non Currrent Assets Other	0.67	0.72	0.69	0.67	0.65	0.64	-0.2	0.69	0.64	0.75	0.69		0.66	0.36	0.46	0.55	0.69	0.4	0.77	0.66	0.69	0.68	0.65	0.64	0.6	0.37
Cash And Short Term Investments	0.93	0.72	0.74	0.94	0.96	0.68	-0.38	1.0	0.67	0.96	0.76	0.66		0.81	0.82	0.97	0.73	0.47	0.95	0.75	0.74	0.92	0.71	1.0	0.99	0.62
Net Receivables	0.87	0.64	0.7	0.88	0.9	0.72	0.04	0.79	0.62	0.73	0.77	0.36	0.81		0.89	0.91	0.69	0.7	0.64	0.8	0.69	0.86	0.74	0.83	0.8	0.74
Common Stock Total Equity	0.9	0.78	0.84	0.9	0.89	0.8	0.05	0.8	0.81	0.82	0.84	0.46	0.82	0.89		0.82	0.8	0.73	0.76	0.85	0.81	0.89	0.82	0.82	0.77	0.94
Common Stock Shares Outstanding	0.92	0.63	0.68	0.93	0.95	0.65	-0.31	0.96	0.58	0.88	0.73	0.55	0.97	0.91	0.82		0.67	0.5	0.84	0.75	0.67	0.9	0.67	0.98	0.98	0.61
Non Current Liabilities Total	0.91	0.99	0.99	0.9	0.86	0.99	0.29	0.75	0.97	0.86	0.99	0.69	0.73	0.69	0.8	0.67		0.88	0.81	0.97	1.0	0.92	0.99	0.72	0.63	0.73
Inventory	0.75	0.86	0.87	0.74	0.7	0.94	0.63	0.48	0.88	0.59	0.88	0.4	0.47	0.7	0.73	0.5	0.88		0.5	0.89	0.88	0.77	0.93	0.47	0.37	0.7
Other Current Assets	0.91	0.82	0.83	0.91	0.91	0.75	-0.31	0.96	0.78	0.99	0.8	0.77	0.95	0.64	0.76	0.84	0.81	0.5		0.77	0.82	0.91	0.76	0.93	0.9	0.6
Other Stockholder Equity	0.93	0.95	0.97	0.92	0.89	0.98	0.27	0.76	0.93	0.84	1.0	0.66	0.75	0.8	0.85	0.75	0.97	0.89	0.77		0.97	0.94	0.99	0.75	0.67	0.78
Total Liab	0.91	0.99	1.0	0.9	0.86	0.99	0.28	0.75	0.98	0.87	0.99	0.69	0.74	0.69	0.81	0.67	1.0	0.88	0.82	0.97		0.93	0.99	0.73	0.63	0.75
Net Invested Capital	1.0	0.91	0.93	1.0	0.99	0.91	0.0	0.93	0.88	0.96	0.94	0.68	0.92	0.86	0.89	0.9	0.92	0.77	0.91	0.94	0.93		0.92	0.92	0.86	0.74
Property Plant And Equipment Gross	0.9	0.98	0.98	0.89	0.86	1.0	0.35	0.72	0.97	0.82	0.99	0.65	0.71	0.74	0.82	0.67	0.99	0.93	0.76	0.99	0.99	0.92		0.7	0.6	0.75
Total Current Assets	0.93	0.7	0.73	0.94	0.96	0.67	-0.37	1.0	0.65	0.95	0.76	0.64	1.0	0.83	0.82	0.98	0.72	0.47	0.93	0.75	0.73	0.92	0.7		0.99	0.62
Net Working Capital	0.88	0.6	0.64	0.89	0.92	0.57	-0.47	0.98	0.55	0.91	0.67	0.6	0.99	0.8	0.77	0.98	0.63	0.37	0.9	0.67	0.63	0.86	0.6	0.99		0.55
Common Stock	0.74	0.73	0.79	0.73	0.71	0.75	0.2	0.6	0.79	0.66	0.77	0.37	0.62	0.74	0.94	0.61	0.73	0.7	0.6	0.78	0.75	0.74	0.75	0.62	0.55

Click cells to compare fundamentals

Castor Maritime Account Relationship Matchups

Castor Maritime fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	30.4M	74.4M	462.9M	632.9M	605.0M	635.3M
Other Current Liab	556.2K	1.6M	9.0M	14.6M	6.5M	5.1M
Total Current Liabilities	3.0M	10.9M	34.0M	51.4M	28.6M	20.2M
Total Stockholder Equity	13.2M	52.4M	342.9M	461.5M	461.2M	484.2M
Net Tangible Assets	13.2M	52.4M	342.9M	461.5M	530.7M	557.3M
Property Plant And Equipment Net	23.7M	58.0M	396.3M	435.9M	229.5M	182.0M
Net Debt	11.2M	9.3M	64.9M	9.5M	(28.0M)	(26.6M)
Retained Earnings	436.8K	(1.3M)	39.2M	157.7M	194.7M	204.5M
Accounts Payable	410.6K	2.1M	5.0M	7.8M	2.8M	2.9M
Cash	4.6M	8.9M	37.2M	142.4M	111.4M	117.0M
Non Current Assets Total	24.2M	60.8M	407.9M	466.7M	362.8M	210.1M
Non Currrent Assets Other	500K	2.3M	6.9M	19.7M	15.7M	8.3M
Other Assets	500K	2.8M	13.9M	30.8M	1.0	0.95
Long Term Debt	14.2M	11.1M	85.9M	120.1M	65.7M	46.7M
Cash And Short Term Investments	4.6M	8.9M	37.2M	142.4M	188.5M	197.9M
Net Receivables	759.4K	2.9M	8.2M	2.7M	8.6M	9.0M
Common Stock Shares Outstanding	26.6K	677.4K	8.5M	9.5M	22.0M	23.1M
Liabilities And Stockholders Equity	30.4M	74.4M	462.9M	632.9M	605.0M	635.3M
Non Current Liabilities Total	14.2M	11.1M	85.9M	120.1M	65.7M	46.7M
Inventory	143.5K	714.8K	4.4M	2.8M	977.6K	1.4M
Other Current Assets	902.6K	1.1M	5.2M	61.2M	44.3M	46.5M
Other Stockholder Equity	7.6M	12.8M	53.6M	303.7M	266.4M	150.1M
Total Liab	17.2M	22.0M	120.0M	171.4M	94.3M	66.8M
Deferred Long Term Liab	500K	2.1M	4.9M	8.0M	9.2M	9.6M
Net Invested Capital	29.0M	70.6M	445.0M	613.3M	544.6M	571.8M
Property Plant And Equipment Gross	23.7M	58.0M	396.3M	435.9M	262.1M	187.1M
Short Long Term Debt	1.5M	7.1M	16.1M	31.8M	17.7M	11.7M
Total Current Assets	6.2M	13.6M	55.0M	166.2M	242.3M	254.4M
Net Working Capital	3.2M	2.7M	21.0M	114.9M	213.7M	224.4M
Short Term Debt	1.5M	7.1M	16.1M	29.2M	17.7M	11.2M
Property Plant Equipment	23.7M	58.0M	394.0M	435.9M	501.3M	526.3M

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When determining whether Castor Maritime is a strong investment it is important to analyze Castor Maritime'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 Castor Maritime's future performance. For an informed investment choice regarding Castor Stock, refer to the following important reports:

How To Invest In Castor

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Is Castor Stock a good investment?

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What is Castor Maritime's Net Worth?

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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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.

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Castor Net Interest Income vs Operating Income Analysis

Net Interest Income vs Operating Income

Net Interest Income vs Operating Income Correlation Analysis

Correlation Coefficient

Net Interest Income

Operating Income

Castor Maritime fundamental ratios Correlations

Castor Maritime Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Castor Maritime fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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Total Stockholder Equity	+ 1.0	Total Assets
Net Invested Capital	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net

Net Working Capital	- 0.47	Net Debt
Cash And Short Term Investments	- 0.38	Net Debt
Total Current Assets	- 0.37	Net Debt
Retained Earnings	- 0.37	Net Debt
Other Current Assets	- 0.31	Net Debt
Common Stock Shares Outstanding	- 0.31	Net Debt