Castor Retained Earnings from 2010 to 2024

CTRM Stock  USD 3.57  0.11  3.18%   
Castor Maritime Retained Earnings yearly trend continues to be very stable with very little volatility. Retained Earnings are likely to grow to about 204.5 M this year. Retained Earnings is the cumulative amount of net income that Castor Maritime retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2017-12-31
Previous Quarter
238.4 M
Current Value
240.5 M
Quarterly Volatility
92.6 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 Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Castor Maritime over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Castor Maritime's Retained Earnings 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.
ViewLast Reported 194.72 M10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Castor Retained Earnings Regression Statistics

Arithmetic Mean40,274,289
Coefficient Of Variation189.82
Mean Deviation58,146,810
Median878,644
Standard Deviation76,447,696
Sample Variance5844.3T
Range205.8M
R-Value0.74
Mean Square Error2891.5T
R-Squared0.54
Significance0
Slope12,568,456
Total Sum of Squares81819.5T

Castor Retained Earnings History

2024204.5 M
2023194.7 M
2022157.7 M
202139.2 M
2020-1.3 M
2019436.8 K
20181.9 M

Other Fundumenentals of Castor Maritime

Castor Maritime Retained Earnings component correlations

About Castor Maritime Financial Statements

Castor Maritime investors utilize fundamental indicators, such as Retained Earnings, 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
Retained Earnings194.7 M204.5 M

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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.