Costamare Accounts Payable from 2010 to 2024

CMRE Stock  USD 14.06  0.38  2.63%   
Costamare's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 49.1 M this year. Accounts Payable is the amount Costamare owes to suppliers or vendors for products or services received but not yet paid for. It represents Costamare's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2008-12-31
Previous Quarter
61.3 M
Current Value
65.9 M
Quarterly Volatility
15.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Costamare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Costamare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 120.3 M, Interest Expense of 90.7 M or Selling General Administrative of 84.5 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0545 or PTB Ratio of 0.55. Costamare financial statements analysis is a perfect complement when working with Costamare Valuation or Volatility modules.
  
Check out the analysis of Costamare Correlation against competitors.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.

Latest Costamare's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Costamare over the last few years. An accounting item on the balance sheet that represents Costamare obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Costamare are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Costamare's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Costamare's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Costamare Accounts Payable Regression Statistics

Arithmetic Mean13,024,230
Geometric Mean8,602,621
Coefficient Of Variation114.62
Mean Deviation10,773,271
Median6,296,000
Standard Deviation14,928,249
Sample Variance222.9T
Range45.3M
R-Value0.75
Mean Square Error105.5T
R-Squared0.56
Significance0
Slope2,499,083
Total Sum of Squares3119.9T

Costamare Accounts Payable History

202449.1 M
202346.8 M
202218.2 M
202118.9 M
20207.6 M
20196.2 M
20188.6 M

About Costamare Financial Statements

Costamare stakeholders use historical fundamental indicators, such as Costamare's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Costamare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Costamare's assets and liabilities are reflected in the revenues and expenses on Costamare's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Costamare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable46.8 M49.1 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Costamare is a strong investment it is important to analyze Costamare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Costamare's future performance. For an informed investment choice regarding Costamare Stock, refer to the following important reports:
Check out the analysis of Costamare Correlation against competitors.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costamare. If investors know Costamare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costamare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.399
Dividend Share
0.46
Earnings Share
3
Revenue Per Share
17.083
Quarterly Revenue Growth
0.36
The market value of Costamare is measured differently than its book value, which is the value of Costamare that is recorded on the company's balance sheet. Investors also form their own opinion of Costamare's value that differs from its market value or its book value, called intrinsic value, which is Costamare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costamare's market value can be influenced by many factors that don't directly affect Costamare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costamare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costamare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costamare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.