Costamare Property Plant Equipment vs Long Term Investments Analysis

CMRE Stock  USD 13.31  0.03  0.23%   
Costamare financial indicator trend analysis is way more than just evaluating Costamare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Costamare is a good investment. Please check the relationship between Costamare Property Plant Equipment and its Long Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costamare. 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.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.

Property Plant Equipment vs Long Term Investments

Property Plant Equipment vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Costamare Property Plant Equipment account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Costamare's Property Plant Equipment and Long Term Investments is 0.18. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Costamare, assuming nothing else is changed. The correlation between historical values of Costamare's Property Plant Equipment and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Costamare are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Property Plant Equipment i.e., Costamare's Property Plant Equipment and Long Term Investments go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant Equipment

Long Term Investments

Long Term Investments is an item on the asset side of Costamare balance sheet that represents investments Costamare intends to hold for over a year. Costamare long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Costamare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Costamare 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 Costamare. 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.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.At present, Costamare's Issuance Of Capital Stock is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.06, whereas Enterprise Value Multiple is forecasted to decline to 4.10.
 2021 2022 2023 2024 (projected)
Interest Expense86.0M122.2M163.0M90.7M
Depreciation And Amortization147.4M179.5M186.1M120.3M

Costamare fundamental ratios Correlations

0.92-0.320.630.83-0.350.970.660.750.780.670.740.980.550.670.740.740.670.790.680.810.630.780.720.860.99
0.92-0.040.650.66-0.060.920.60.910.730.650.70.90.540.640.930.710.660.560.680.970.620.780.440.990.93
-0.32-0.040.01-0.540.66-0.39-0.2-0.01-0.21-0.12-0.08-0.410.14-0.10.19-0.07-0.06-0.70.060.11-0.03-0.12-0.80.1-0.25
0.630.650.010.76-0.10.560.960.50.950.970.910.580.610.840.520.890.980.320.730.580.990.940.250.650.64
0.830.66-0.540.76-0.560.810.850.50.90.820.830.840.440.770.430.820.80.820.680.520.780.860.80.570.8
-0.35-0.060.66-0.1-0.56-0.39-0.3-0.07-0.21-0.14-0.06-0.440.0-0.140.21-0.06-0.12-0.660.00.11-0.1-0.13-0.790.07-0.28
0.970.92-0.390.560.81-0.390.590.830.710.610.640.990.390.590.760.640.60.830.570.830.550.730.750.850.96
0.660.6-0.20.960.85-0.30.590.450.950.960.870.630.580.810.40.850.950.430.670.490.970.920.410.580.65
0.750.91-0.010.50.5-0.070.830.450.540.510.450.790.280.470.910.460.520.450.420.930.470.620.340.90.74
0.780.73-0.210.950.9-0.210.710.950.540.950.960.730.620.870.570.960.960.540.830.640.950.970.470.70.78
0.670.65-0.120.970.82-0.140.610.960.510.950.90.630.480.850.510.870.990.440.670.570.990.960.350.640.66
0.740.7-0.080.910.83-0.060.640.870.450.960.90.650.670.870.591.00.910.470.90.640.910.940.380.70.76
0.980.9-0.410.580.84-0.440.990.630.790.730.630.650.440.610.710.660.620.840.580.790.580.740.780.830.96
0.550.540.140.610.440.00.390.580.280.620.480.670.440.560.420.690.530.090.770.470.540.540.10.560.59
0.670.64-0.10.840.77-0.140.590.810.470.870.850.870.610.560.520.860.840.450.790.570.850.860.370.630.68
0.740.930.190.520.430.210.760.40.910.570.510.590.710.420.520.60.540.350.620.980.490.660.190.960.77
0.740.71-0.070.890.82-0.060.640.850.460.960.871.00.660.690.860.60.90.470.920.650.880.930.380.710.77
0.670.66-0.060.980.8-0.120.60.950.520.960.990.910.620.530.840.540.90.410.740.590.990.950.320.660.68
0.790.56-0.70.320.82-0.660.830.430.450.540.440.470.840.090.450.350.470.410.370.430.360.530.960.440.75
0.680.680.060.730.680.00.570.670.420.830.670.90.580.770.790.620.920.740.370.640.720.790.280.680.73
0.810.970.110.580.520.110.830.490.930.640.570.640.790.470.570.980.650.590.430.640.550.720.280.990.84
0.630.62-0.030.990.78-0.10.550.970.470.950.990.910.580.540.850.490.880.990.360.720.550.950.280.630.64
0.780.78-0.120.940.86-0.130.730.920.620.970.960.940.740.540.860.660.930.950.530.790.720.950.420.770.79
0.720.44-0.80.250.8-0.790.750.410.340.470.350.380.780.10.370.190.380.320.960.280.280.280.420.310.66
0.860.990.10.650.570.070.850.580.90.70.640.70.830.560.630.960.710.660.440.680.990.630.770.310.88
0.990.93-0.250.640.8-0.280.960.650.740.780.660.760.960.590.680.770.770.680.750.730.840.640.790.660.88
Click cells to compare fundamentals

Costamare Account Relationship Matchups

Costamare fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0B3.0B4.4B4.9B5.3B3.2B
Short Long Term Debt Total1.6B1.6B2.6B2.6B2.6B1.9B
Other Current Liab22.4M7.4M21.6M58.6M53.1M43.9M
Total Current Liabilities266.5M207.0M370.0M423.1M662.8M695.9M
Total Stockholder Equity1.4B1.3B1.7B2.2B2.4B2.5B
Other Liab7.9M29.6M33.9M51.7M46.5M41.7M
Property Plant And Equipment Net2.6B2.6B3.8B3.7B3.8B2.6B
Current Deferred Revenue10.4M11.9M23.8M25.2M52.2M54.8M
Net Debt1.4B1.4B2.3B1.9B1.9B1.7B
Retained Earnings60.6M(9.7M)341.5M746.7M1.0B1.1B
Accounts Payable6.2M7.6M18.9M18.2M46.8M49.1M
Cash148.9M143.9M276.0M718.0M745.5M782.8M
Non Current Assets Total2.8B2.8B4.0B3.9B4.2B2.9B
Non Currrent Assets Other50.6M51.4M70.3M193.3M187.0M118.4M
Other Assets71.2M79.2M118.9M193.3M222.3M233.4M
Long Term Debt1.2B1.3B2.2B2.3B2.0B1.6B
Cash And Short Term Investments148.9M143.9M276.0M838.1M790.4M829.9M
Net Receivables16.6M8.2M27.9M41.0M83.0M87.2M
Common Stock Shares Outstanding115.7M120.7M123.1M123.0M120.3M95.3M
Short Term Investments112K3.5M0.0120.0M67.5M70.8M
Liabilities And Stockholders Equity3.0B3.0B4.4B4.9B5.3B3.2B
Non Current Liabilities Total1.3B1.5B2.3B2.3B2.2B1.7B
Inventory10.5M10.5M21.4M28.0M61.3M64.3M
Other Current Assets8.6M29.5M100.9M126.9M181.3M190.3M
Other Stockholder Equity1.4B1.4B1.4B1.4B1.3B1.1B
Total Liab1.6B1.7B2.7B2.7B2.8B2.1B
Property Plant And Equipment Gross2.6B2.6B3.8B4.8B5.0B2.8B
Total Current Assets197.2M192.1M426.1M1.0B1.1B1.2B
Accumulated Other Comprehensive Income(1.2M)(8.0M)(2.2M)46.4M21.4M22.5M
Short Term Debt227.6M180.1M305.7M321.1M510.7M536.2M
Property Plant Equipment2.6B2.6B3.8B3.7B4.2B2.6B
Deferred Long Term Liab22.0M27.7M31.9M55.0M63.3M66.5M
Long Term Investments111.7M78.2M19.9M21.0M211.7M112.8M
Short Long Term Debt210.7M147.1M272.4M320.1M347.0M307.7M
Net Tangible Assets1.4B1.3B1.7B2.2B2.5B1.5B
Capital Lease Obligations136.7M132.9M116.4M0.0301.6M175.9M

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When determining whether Costamare is a strong investment it is important to analyze Costamare'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 Costamare's future performance. For an informed investment choice regarding Costamare Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costamare. 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.
For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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 Costamare. If investors know Costamare 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 Costamare 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
0.399
Dividend Share
0.46
Earnings Share
3.01
Revenue Per Share
17.083
Quarterly Revenue Growth
0.36
The market value of Costamare is measured differently than its book value, which is the value of Costamare that is recorded on the company's balance sheet. Investors also form their own opinion of Costamare's value that differs from its market value or its book value, called intrinsic value, which is Costamare'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 Costamare's market value can be influenced by many factors that don't directly affect Costamare'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 Costamare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costamare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costamare'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.