Castor Maritime Net Worth
Castor Maritime Net Worth Breakdown | CTRM |
Castor Maritime Net Worth Analysis
Castor Maritime's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Castor Maritime's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Castor Maritime's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Castor Maritime's net worth analysis. One common approach is to calculate Castor Maritime's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Castor Maritime's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Castor Maritime's net worth. This approach calculates the present value of Castor Maritime's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Castor Maritime's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Castor Maritime's net worth. This involves comparing Castor Maritime's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Castor Maritime's net worth relative to its peers.
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To determine if Castor Maritime is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Castor Maritime's net worth research are outlined below:
| Castor Maritime generated a negative expected return over the last 90 days | |
| Latest headline from globenewswire.com: Castor Maritime Inc. Reports Net Income of 2.8 Million for the Three Months Ended September 30, 2024 and Net income of 48.0 Million for the Nine Months Ended September 30, 2024 |
Castor Maritime uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Castor Maritime. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Castor Maritime's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Castor Maritime's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Castor Maritime is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Castor Maritime backward and forwards among themselves. Castor Maritime's institutional investor refers to the entity that pools money to purchase Castor Maritime's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Founders Capital Management Inc | 2024-06-30 | 800 | Tower Research Capital Llc | 2024-06-30 | 329 | Global Retirement Partners, Llc. | 2024-09-30 | 100.0 | Global Wealth Strategies & Associates | 2024-09-30 | 40.0 | Wolff Wiese Magana Llc | 2024-09-30 | 20.0 | Strategic Investment Solutions Inc | 2024-09-30 | 20.0 | Jpmorgan Chase & Co | 2024-06-30 | 12.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 8.0 | Royal Bank Of Canada | 2024-06-30 | 5.0 | Renaissance Technologies Corp | 2024-09-30 | 36.4 K | Susquehanna International Group, Llp | 2024-06-30 | 19.2 K |
Follow Castor Maritime's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 34.69 M.Market Cap |
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Project Castor Maritime's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.07 | |
| Return On Capital Employed | 0.04 | 0.06 | |
| Return On Assets | 0.06 | 0.07 | |
| Return On Equity | 0.08 | 0.09 |
When accessing Castor Maritime's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Castor Maritime's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Castor Maritime's profitability and make more informed investment decisions.
Evaluate Castor Maritime's management efficiency
Castor Maritime has return on total asset (ROA) of 0.0162 % which means that it generated a profit of $0.0162 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.14 %, meaning that it created $0.14 on every $100 dollars invested by stockholders. Castor Maritime's management efficiency ratios could be used to measure how well Castor Maritime manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.07. Also, Return On Capital Employed is likely to grow to 0.06. At this time, Castor Maritime's Asset Turnover is very stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 53.36 | 50.69 | |
| Tangible Book Value Per Share | 53.36 | 50.69 | |
| Enterprise Value Over EBITDA | 0.23 | 0.22 | |
| Price Book Value Ratio | 0.09 | 0.08 | |
| Enterprise Value Multiple | 0.23 | 0.22 | |
| Price Fair Value | 0.09 | 0.08 | |
| Enterprise Value | 12.7 M | 12 M |
The strategic initiatives led by Castor Maritime's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 0.1568 | Revenue 76.4 M | Quarterly Revenue Growth (0.37) | Revenue Per Share 7.911 | Return On Equity 0.14 |
Castor Maritime Corporate Filings
6K | 7th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 3rd of June 2024 Other Reports | ViewVerify | |
| 22nd of April 2024 Other Reports | ViewVerify | |
F4 | 5th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Castor Maritime Earnings per Share Projection vs Actual
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 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.