CTRM (Castor Maritime) Current Accrued Expense: $15.73 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CTRM Castor Maritime Inc CTRM
66 GF Score
Price $2.26
GF Value $1.57
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Castor Maritime Current Accrued Expense?

Castor Maritime CTRM -3.42% 66 Current Accrued Expense is $15.73 Mil as of Mar. 2026. GuruFocus rates CTRM with a GF Score™ of 66/100 and a GF Value™ of $1.57 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Castor Maritime's Current Accrued Expense for the quarter that ended in Mar. 2026 was $15.73 Mil.

Castor Maritime's quarterly Current Accrued Expense increased from Sep. 2025 ($16.53 Mil) to Dec. 2025 ($16.70 Mil) but then declined from Dec. 2025 ($16.70 Mil) to Mar. 2026 ($15.73 Mil).

Castor Maritime's annual Current Accrued Expense increased from Dec. 2023 ($3.59 Mil) to Dec. 2024 ($23.05 Mil) but then declined from Dec. 2024 ($23.05 Mil) to Dec. 2025 ($16.70 Mil).

Castor Maritime Current Accrued Expense Historical Data

* Premium members only.

The historical data trend for Castor Maritime's Current Accrued Expense 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.

Castor Maritime Current Accrued Expense Chart

Castor Maritime Annual Data
Trend Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only 4.46 5.49 3.59 23.05 16.70

Castor Maritime Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.82 0.00 16.53 16.70 15.73
CTRM
66GF Score
Castor Maritime Inc CTRM
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Castor Maritime Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $15.73 Mil mean?
Castor Maritime (CTRM) has a Current Accrued Expense of $15.73 Mil as of Mar. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Castor Maritime and its competitors.
Is Castor Maritime's Current Accrued Expense too high?
Castor Maritime's current Current Accrued Expense is $15.73 Mil. Overall, Castor Maritime has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Castor Maritime's Current Accrued Expense compare to PSHG and VNTG?
Castor Maritime's Current Accrued Expense of $15.73 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Transportation company?
A good Current Accrued Expense depends on the Transportation industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Castor Maritime and its competitors. Castor Maritime's current Current Accrued Expense is $15.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castor Maritime stock overvalued right now?
Based on GuruFocus' analysis, Castor Maritime (CTRM) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.57, compared to a current price of $2.26 — trading 43.9% above its estimated fair value. The current Current Accrued Expense is $15.73 Mil. Castor Maritime's overall GF Score™ is 66/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Castor Maritime (CTRM), the current Current Accrued Expense is $15.73 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Castor Maritime (CTRM) Overvalued in 2026?

Based on GuruFocus' analysis, Castor Maritime stock appears to be overvalued. The current stock price of $2.26 is trading 43.9% above its estimated GF Value™ of $1.57. GuruFocus considers Castor Maritime to be Significantly Overvalued.

Key valuation signals for CTRM:

  • Current Accrued Expense: $15.73 Mil
  • GF Value™: $1.57 vs. price of $2.26 (43.9% above fair value)
  • GF Score™: 66/100 with 9 warning signs

No single metric tells the full story. See the CTRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Castor Maritime Business Description

Address 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, Limassol, CYP, 3036
Castor Maritime Inc is a provider of seaborne transportation services for dry bulk cargo, including iron ore, coal, grain, steel products, fertilizers, cement, bauxite, sugar, and scrap metal, among others. The firm operates under three reportable segments, namely (i) the dry bulk segment, (ii) the containership segment, and (iii) the asset management segment. It generates maximum revenue from the Dry bulk segment.
66GF Score

Get the complete analysis for CTRM

Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.26
Price
$1.57
GF Value