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Castor Maritime (Castor Maritime) Debt-to-Revenue : 0.79 (As of Dec. 2023)


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What is Castor Maritime Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Castor Maritime's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17.68 Mil. Castor Maritime's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $65.71 Mil. Castor Maritime's annualized Revenue for the quarter that ended in Dec. 2023 was $105.46 Mil. Castor Maritime's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.79.


Castor Maritime Debt-to-Revenue Historical Data

The historical data trend for Castor Maritime's Debt-to-Revenue 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.

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Castor Maritime Debt-to-Revenue Chart

Castor Maritime Annual Data
Trend Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 2.64 1.46 0.99 0.92 0.86

Castor Maritime Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue 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 1.11 1.23 1.04 1.18 0.79

Competitive Comparison of Castor Maritime's Debt-to-Revenue

For the Marine Shipping subindustry, Castor Maritime's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Castor Maritime's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Castor Maritime's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Castor Maritime's Debt-to-Revenue falls into.



Castor Maritime Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Castor Maritime's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(17.679 + 65.71) / 97.516
=0.86

Castor Maritime's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(17.679 + 65.71) / 105.456
=0.79

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


Castor Maritime Debt-to-Revenue Related Terms

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Castor Maritime (Castor Maritime) Business Description

Traded in Other Exchanges
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 four reportable segments namely Dry bulk; Aframax/LR2 tanker; Handysize tanker and Container ship. It generates maximum revenue from the Dry bulk segment.