Castor Maritime Inc.

NasdaqCM CTRM

Castor Maritime Inc. Debt to Equity Ratio for the year ending December 31, 2023: 0.18

Castor Maritime Inc. Debt to Equity Ratio is 0.18 for the year ending December 31, 2023, a -45.04% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Castor Maritime Inc. Debt to Equity Ratio for the year ending December 31, 2022 was 0.33, a 10.58% change year over year.
Castor Maritime Inc. Debt to Equity Ratio for the year ending December 31, 2021 was 0.30, a -14.29% change year over year.
Castor Maritime Inc. Debt to Equity Ratio for the year ending December 31, 2020 was 0.35, a -70.91% change year over year.
Castor Maritime Inc. Debt to Equity Ratio for the year ending December 31, 2019 was 1.19.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NasdaqCM: CTRM

Castor Maritime Inc.

CEO	Mr. Petros Panagiotidis
IPO Date	Feb. 11, 2019
Location	Cyprus
Headquarters	223 Christodoulou Chatzipavlou Street
Employees	1
Sector	Industrials
Industries Maritime Shipping Container Shipping Logistics & Freight Trucking & Road Freight

Description

Castor Maritime Inc. provides shipping services worldwide. The company operates through three segments: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. It offers seaborne transportation services for dry bulk cargo; commodities, such as iron ore, coal, soybeans, etc.; and crude oil and refined petroleum products. As of December 31, 2021, the company owned and operated a fleet of 29 vessels primarily consisting of two Handysize tanker vessels, seven Aframax/LR2 tanker vessels, and 14 dry bulk vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.

Key trends

Past 5 years