Castor Maritime Inc (CTRM) — Defensive Interval Ratio
Castor Maritime Inc (CTRM) has a Defensive Interval Ratio of 307 days as of March 2026. Defensive assets of $30.72 Million (cash $-, short-term investments $19.89 Million, receivables $10.83 Million) cover 307 days of daily cash needs of $99.96K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Castor Maritime Inc Defensive Interval Ratio (2017–2025)
This chart shows how Castor Maritime Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 307 days, meaning defensive assets of $30.72 Million can fund 307 days of operations without new revenue. For the complete balance sheet picture, see CTRM current and non-current assets.
Annual Defensive Interval Ratio for Castor Maritime Inc (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for Castor Maritime Inc from 2017 to 2025, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See how liquid is Castor Maritime Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 688 days | $64.89 Million | $94.27K/day | $- | $28.31 Million | ▲ +178 days |
| 2024 | 511 days | $90.10 Million | $176.44K/day | $- | $69.12 Million | ▼ -582 days |
| 2023 | 1093 days | $85.65 Million | $78.36K/day | $- | $77.09 Million | ▲ +1055 days |
| 2022 | 38 days | $5.37 Million | $140.72K/day | $- | $0.00 | ▼ -50 days |
| 2021 | 88 days | $8.22 Million | $93.23K/day | $- | $- | ▼ -8 days |
| 2020 | 96 days | $2.86 Million | $29.87K/day | $- | $- | ▲ +3 days |
| 2019 | 93 days | $759.39K | $8.17K/day | $- | $- | ▲ +91 days |
| 2018 | 2 days | $2.45K | $1.19K/day | $- | $0.00 | ▼ -3435 days |
| 2017 | 3437 days | $2.11 Million | $614.45/day | $- | $1.67 Million | — |