Castor Long Term Debt from 2010 to 2024

CTRM Stock  USD 3.57  0.11  3.18%   
Castor Maritime Long Term Debt yearly trend continues to be very stable with very little volatility. Long Term Debt is likely to drop to about 46.7 M. Long Term Debt is debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years. View All Fundamentals
 
Long Term Debt  
First Reported
2017-12-31
Previous Quarter
48.3 M
Current Value
18.6 M
Quarterly Volatility
44.4 M
 
Covid
Check Castor Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Castor Maritime's main balance sheet or income statement drivers, such as Interest Income of 3.4 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 24.1 M, as well as many indicators such as Price To Sales Ratio of 0.4, Dividend Yield of 0.0129 or PTB Ratio of 0.0838. Castor financial statements analysis is a perfect complement when working with Castor Maritime Valuation or Volatility modules.
  
Check out the analysis of Castor Maritime Correlation against competitors.
To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.

Latest Castor Maritime's Long Term Debt Growth Pattern

Below is the plot of the Long Term Debt of Castor Maritime over the last few years. Long-term debt is a debt that Castor Maritime has held for over one year. Long-term debt appears on Castor Maritime balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Castor Maritime balance sheet is the sum of the balances of all categories of long-term debt. It is debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years. Castor Maritime's Long Term Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Castor Maritime's overall financial position and show how it may be relating to other accounts over time.
Long Term Debt10 Years Trend
Slightly volatile
   Long Term Debt   
       Timeline  

Castor Long Term Debt Regression Statistics

Arithmetic Mean22,914,640
Geometric Mean0.00
Coefficient Of Variation168.00
Mean Deviation30,232,406
Median0.00
Standard Deviation38,497,317
Sample Variance1482T
Range120.1M
R-Value0.72
Mean Square Error776.8T
R-Squared0.51
Significance0
Slope6,167,300
Total Sum of Squares20748.6T

Castor Long Term Debt History

202446.7 M
202365.7 M
2022120.1 M
202185.9 M
202011.1 M
201914.2 M

Other Fundumenentals of Castor Maritime

About Castor Maritime Financial Statements

Castor Maritime investors utilize fundamental indicators, such as Long Term Debt, to predict how Castor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Long Term Debt65.7 M46.7 M
Long Term Debt Total16.4 M17.2 M
Short and Long Term Debt17.7 M11.7 M
Short and Long Term Debt Total132.9 M92.6 M
Long Term Debt To Capitalization 0.20  0.29 

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When determining whether Castor Maritime is a strong investment it is important to analyze Castor Maritime'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 Castor Maritime's future performance. For an informed investment choice regarding Castor Stock, refer to the following important reports:
Check out the analysis of Castor Maritime Correlation against competitors.
To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 Castor Maritime. If investors know Castor 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 Castor Maritime 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
0.187
Earnings Share
3.72
Revenue Per Share
7.911
Quarterly Revenue Growth
(0.37)
Return On Assets
0.0162
The market value of Castor Maritime is measured differently than its book value, which is the value of Castor that is recorded on the company's balance sheet. Investors also form their own opinion of Castor Maritime's value that differs from its market value or its book value, called intrinsic value, which is Castor Maritime'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 Castor Maritime's market value can be influenced by many factors that don't directly affect Castor Maritime'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 Castor Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Castor Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castor Maritime'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.