Castor Net Receivables from 2010 to 2024

CTRM Stock  USD 3.57  0.11  3.18%   
Castor Maritime Net Receivables yearly trend continues to be very stable with very little volatility. Net Receivables is likely to grow to about 9 M this year. During the period from 2010 to 2024, Castor Maritime Net Receivables quarterly data regression pattern had sample variance of 11 T and median of  438,869. View All Fundamentals
 
Net Receivables  
First Reported
2017-12-31
Previous Quarter
1.6 M
Current Value
1.9 M
Quarterly Volatility
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 Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Castor Maritime over the last few years. It is Castor Maritime's Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Castor Net Receivables Regression Statistics

Arithmetic Mean2,392,425
Geometric Mean1,020,779
Coefficient Of Variation138.51
Mean Deviation2,585,117
Median438,869
Standard Deviation3,313,660
Sample Variance11T
Range8.7M
R-Value0.77
Mean Square Error4.9T
R-Squared0.59
Significance0.0009
Slope567,333
Total Sum of Squares153.7T

Castor Net Receivables History

2024M
20238.6 M
20222.7 M
20218.2 M
20202.9 M
2019759.4 K
2018265.5 K

About Castor Maritime Financial Statements

Castor Maritime investors utilize fundamental indicators, such as Net Receivables, 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
Net Receivables8.6 MM

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.