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Castor Maritime (Castor Maritime) Enterprise Value : $-24.33 Mil (As of Apr. 27, 2024)


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What is Castor Maritime Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Castor Maritime's Enterprise Value is $-24.33 Mil. Castor Maritime's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $31.31 Mil. Therefore, Castor Maritime's EV-to-EBIT ratio for today is -0.78.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Castor Maritime's Enterprise Value is $-24.33 Mil. Castor Maritime's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $42.08 Mil. Therefore, Castor Maritime's EV-to-EBITDA ratio for today is -0.58.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Castor Maritime's Enterprise Value is $-24.33 Mil. Castor Maritime's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $97.52 Mil. Therefore, Castor Maritime's EV-to-Revenue ratio for today is -0.25.


Castor Maritime Enterprise Value Historical Data

The historical data trend for Castor Maritime's Enterprise Value 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.

Castor Maritime Enterprise Value Chart

Castor Maritime Annual Data
Trend Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial 14.97 24.18 147.44 103.30 -14.47

Castor Maritime Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 103.30 132.21 53.34 48.61 -14.47

Competitive Comparison of Castor Maritime's Enterprise Value

For the Marine Shipping subindustry, Castor Maritime's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Castor Maritime's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Castor Maritime's Enterprise Value falls into.



Castor Maritime Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Castor Maritime's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Castor Maritime's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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  (NAS:CTRM) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Castor Maritime's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-24.325/31.308
=-0.78

Castor Maritime's current Enterprise Value is $-24.33 Mil.
Castor Maritime's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.31 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Castor Maritime's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-24.325/42.083
=-0.58

Castor Maritime's current Enterprise Value is $-24.33 Mil.
Castor Maritime's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.08 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Castor Maritime's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-24.325/97.516
=-0.25

Castor Maritime's current Enterprise Value is $-24.33 Mil.
Castor Maritime's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $97.52 Mil.

* 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 Enterprise Value 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.