Castor Cost Of Revenue vs Revenue Per Share Analysis
CTRM Stock | USD 3.48 0.08 2.25% |
Castor Maritime financial indicator trend analysis is way more than just evaluating Castor Maritime prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Castor Maritime is a good investment. Please check the relationship between Castor Maritime Cost Of Revenue and its Revenue Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.
Cost Of Revenue vs Revenue Per Share
Cost Of Revenue vs Revenue Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Castor Maritime Cost Of Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Castor Maritime's Cost Of Revenue and Revenue Per Share is -0.16. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Castor Maritime, assuming nothing else is changed. The correlation between historical values of Castor Maritime's Cost Of Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Castor Maritime are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Cost Of Revenue i.e., Castor Maritime's Cost Of Revenue and Revenue Per Share go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cost Of Revenue
Cost of Revenue is found on Castor Maritime income statement and represents the costs associated with goods and services Castor Maritime provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.Most indicators from Castor Maritime's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Castor Maritime current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.As of the 26th of November 2024, Issuance Of Capital Stock is likely to grow to about 136.3 M, while Selling General Administrative is likely to drop about 6.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 65.5M | 140.3M | 28.5M | 37.9M | Total Revenue | 132.0M | 262.1M | 97.5M | 81.1M |
Castor Maritime fundamental ratios Correlations
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Castor Maritime Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Castor Maritime fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 30.4M | 74.4M | 462.9M | 632.9M | 605.0M | 635.3M | |
Other Current Liab | 556.2K | 1.6M | 9.0M | 14.6M | 6.5M | 5.1M | |
Total Current Liabilities | 3.0M | 10.9M | 34.0M | 51.4M | 28.6M | 20.2M | |
Total Stockholder Equity | 13.2M | 52.4M | 342.9M | 461.5M | 461.2M | 484.2M | |
Net Tangible Assets | 13.2M | 52.4M | 342.9M | 461.5M | 530.7M | 557.3M | |
Property Plant And Equipment Net | 23.7M | 58.0M | 396.3M | 435.9M | 229.5M | 182.0M | |
Net Debt | 11.2M | 9.3M | 64.9M | 9.5M | 19.2M | 17.5M | |
Retained Earnings | 436.8K | (1.3M) | 39.2M | 157.7M | 194.7M | 204.5M | |
Accounts Payable | 410.6K | 2.1M | 5.0M | 7.8M | 2.8M | 2.9M | |
Cash | 4.6M | 8.9M | 37.2M | 142.4M | 113.7M | 119.4M | |
Non Current Assets Total | 24.2M | 60.8M | 407.9M | 466.7M | 362.8M | 210.1M | |
Non Currrent Assets Other | 500K | 2.3M | 6.9M | 19.7M | 4.0M | 6.5M | |
Other Assets | 500K | 2.8M | 13.9M | 30.8M | 1.0 | 0.95 | |
Long Term Debt | 14.2M | 11.1M | 85.9M | 120.1M | 65.7M | 46.7M | |
Cash And Short Term Investments | 4.6M | 8.9M | 37.2M | 142.4M | 113.7M | 119.4M | |
Net Receivables | 759.4K | 2.9M | 8.2M | 2.7M | 8.6M | 9.0M | |
Common Stock Shares Outstanding | 26.6K | 677.4K | 8.5M | 9.5M | 22.0M | 23.1M | |
Liabilities And Stockholders Equity | 30.4M | 74.4M | 462.9M | 632.9M | 605.0M | 635.3M | |
Non Current Liabilities Total | 14.2M | 11.1M | 85.9M | 120.1M | 65.7M | 46.7M | |
Inventory | 143.5K | 714.8K | 4.4M | 2.8M | 977.6K | 1.4M | |
Other Current Assets | 902.6K | 1.1M | 5.2M | 61.2M | 119.0M | 125.0M | |
Other Stockholder Equity | 7.6M | 12.8M | 53.6M | 303.7M | 266.4M | 150.1M | |
Total Liab | 17.2M | 22.0M | 120.0M | 171.4M | 94.3M | 66.8M | |
Deferred Long Term Liab | 500K | 2.1M | 4.9M | 8.0M | 9.2M | 9.6M | |
Net Invested Capital | 29.0M | 70.6M | 445.0M | 613.3M | 544.6M | 571.8M | |
Property Plant And Equipment Gross | 23.7M | 58.0M | 396.3M | 435.9M | 262.1M | 187.1M | |
Short Long Term Debt | 1.5M | 7.1M | 16.1M | 31.8M | 17.7M | 11.7M | |
Total Current Assets | 6.2M | 13.6M | 55.0M | 166.2M | 242.3M | 254.4M | |
Net Working Capital | 3.2M | 2.7M | 21.0M | 114.9M | 213.7M | 224.4M | |
Short Term Debt | 1.5M | 7.1M | 16.1M | 29.2M | 17.7M | 11.2M | |
Property Plant Equipment | 23.7M | 58.0M | 394.0M | 435.9M | 501.3M | 526.3M |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Castor Maritime. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.