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Costamare Debt-to-Asset

: 0.59 (As of Jun. 2021)
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Costamare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $227.2 Mil. Costamare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $2,076.5 Mil. Costamare's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2021 was $3,928.2 Mil. Costamare's debt to asset for the quarter that ended in Jun. 2021 was 0.59.


Costamare Debt-to-Asset Historical Data

The historical data trend for Costamare's Debt-to-Asset 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 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.49 0.54 0.52 0.53

Costamare Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Debt-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.51 0.53 0.53 0.57 0.59

Competitive Comparison

For the Marine Shipping subindustry, Costamare's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

   

Costamare Debt-to-Asset Distribution

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

* The bar in red indicates where Costamare's Debt-to-Asset falls into.



Costamare Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Costamare's Debt-to-Asset for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(163.632 + 1421.442) / 3010.516
=0.53

Costamare's Debt-to-Asset for the quarter that ended in Jun. 2021 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(227.194 + 2076.464) / 3928.198
=0.59

* 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.


Costamare  (NYSE:CMRE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Costamare Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Costamare's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Costamare Business Description

Costamare logo
Industry
Industrials » Transportation NAICS : 488320 SIC : 4789
Address
7 Rue du Gabian, Monaco, MCO, MC 98000
Costamare Inc is an owner of containerships in Monaco. It provides marine transportation services by chartering its container vessels to liner operators under long, medium and short-term time charters. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant and Maersk Kobe, and among others. Costamare provides services to ocean carriers that demand a high standard of safety and reliability. It generates its revenues from time charters.

Costamare Headlines

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