Costamare (Costamare) Total Assets

: $5,287 Mil (As of Dec. 2023)

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Costamare's Total Assets for the quarter that ended in Dec. 2023 was $5,287 Mil.

During the past 12 months, Costamare's average Total Assets Growth Rate was 10.20% per year. During the past 3 years, the average Total Assets Growth Rate was 16.00% per year. During the past 5 years, the average Total Assets Growth Rate was 10.60% per year. During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.

During the past 13 years, Costamare's highest 3-Year average Total Assets Growth Rate was 16.00%. The lowest was -3.90%. And the median was 7.40%.

Total Assets is connected with ROA %. Costamare's annualized ROA % for the quarter that ended in Dec. 2023 was 7.86%. Total Assets is also linked to Revenue through Asset Turnover. Costamare's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Costamare Total Assets Historical Data

The historical data trend for Costamare's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Costamare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,011.96

3,010.52

4,407.04

4,896.23

5,287.02

Costamare Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															4,896.23	5,080.63	5,308.25	5,336.38	5,287.02

Costamare Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Costamare's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2439.389	+	2847.633
	=	5,287

Costamare's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2439.389	+	2847.633
	=	5,287

Costamare (NYSE:CMRE) Total Assets Explanation

Total Assets is connected with ROA %.

Costamare's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	417.412	/	( (5336.377	+	5287.022)	/ 2 )
	=	417.412	/	5311.6995
	=	7.86 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Costamare's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	494.847	/	( (5336.377	+	5287.022)	/ 2 )
=	494.847	/	5311.6995
=	0.09

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Costamare Total Assets Related Terms

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Costamare (Costamare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Costamare Inc (NYSE:CMRE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CMREpE.PFD:USA CMREpD.PFD:USA CMREpC.PFD:USA CMREpB.PFD:USA LCM:Germany LCM:Germany

Address

7 Rue du Gabian, Monaco, MCO, MC 98000

Website

https://www.costamare.com

Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and among others. Costamare provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.