Gregory Zikos - Costamare CFO Director

CMRE-PB Preferred Stock  USD 25.80  0.14  0.55%   

Insider

Gregory Zikos is CFO Director of Costamare
Age 54
Phone377 93 25 09 40
Webhttps://www.costamare.com

Costamare Management Efficiency

The company has return on total asset (ROA) of 0.0718 % which means that it generated a profit of $0.0718 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2857 %, meaning that it generated $0.2857 on every $100 dollars invested by stockholders. Costamare's management efficiency ratios could be used to measure how well Costamare manages its routine affairs as well as how well it operates its assets and liabilities.
Costamare has accumulated 2.26 B in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Costamare has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Costamare until it has trouble settling it off, either with new capital or with free cash flow. So, Costamare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Costamare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Costamare to invest in growth at high rates of return. When we think about Costamare's use of debt, we should always consider it together with cash and equity.

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Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 25, 2020, it had a fleet of 75 containerships with a total capacity of approximately 547,000 twenty foot equivalent unit, including 5 vessels under construction. Costamare Inc operates under Marine Shipping classification in the United States and is traded on NYQ Exchange. It employs 1700 people. Costamare (CMRE-PB) is traded on New York Stock Exchange in USA. It is located in 7 Rue du Gabian, Monaco, Monaco, 98000 and employs 3 people. Costamare is listed under Transportation category by Fama And French industry classification.

Management Performance

Costamare Management Team

Elected by the shareholders, the Costamare's board of directors comprises two types of representatives: Costamare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Costamare. The board's role is to monitor Costamare's management team and ensure that shareholders' interests are well served. Costamare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Costamare's outside directors are responsible for providing unbiased perspectives on the board's policies.

Costamare Preferred Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right preferred stock is not an easy task. Is Costamare a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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Other Information on Investing in Costamare Preferred Stock

Costamare financial ratios help investors to determine whether Costamare Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Costamare with respect to the benefits of owning Costamare security.