Costamare Inc (CMRE) — Defensive Interval Ratio
Costamare Inc (CMRE) has a Defensive Interval Ratio of 52 days as of June 2026. Defensive assets of $53.14 Million (cash $-, short-term investments $19.60 Million, receivables $33.53 Million) cover 52 days of daily cash needs of $1.02 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Costamare Inc Defensive Interval Ratio (2008–2025)
This chart shows how Costamare Inc's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of June 2026, the ratio stands at 52 days, meaning defensive assets of $53.14 Million can fund 52 days of operations without new revenue. For the complete balance sheet picture, see how large is Costamare Inc's balance sheet.
Annual Defensive Interval Ratio for Costamare Inc (2008–2025)
The table below presents the year-by-year Defensive Interval Ratio for Costamare Inc from 2008 to 2025, covering 18 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 CMRE working capital efficiency 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 | 40 days | $43.51 Million | $1.09 Million/day | $- | $19.28 Million | ▼ -27 days |
| 2024 | 67 days | $137.14 Million | $2.04 Million/day | $- | $61.81 Million | ▼ -16 days |
| 2023 | 83 days | $150.49 Million | $1.82 Million/day | $- | $67.47 Million | ▼ -61 days |
| 2022 | 144 days | $167.09 Million | $1.16 Million/day | $- | $120.01 Million | ▲ +112 days |
| 2021 | 32 days | $32.31 Million | $1.01 Million/day | $- | $0.00 | ▲ +13 days |
| 2020 | 19 days | $10.95 Million | $567.05K/day | $- | $- | ▼ -4 days |
| 2019 | 23 days | $16.77 Million | $730.23K/day | $- | $- | ▼ -10 days |
| 2018 | 33 days | $20.30 Million | $615.53K/day | $- | $3.51 Million | ▲ +21 days |
| 2017 | 12 days | $8.98 Million | $758.10K/day | $- | $112.00K | ▼ -7 days |
| 2016 | 19 days | $14.59 Million | $767.08K/day | $- | $6.88 Million | ▲ +3 days |
| 2015 | 16 days | $11.84 Million | $745.11K/day | $- | $352.00K | ▼ -13 days |
| 2014 | 29 days | $23.35 Million | $795.55K/day | $- | $14.26 Million | ▼ -7 days |
| 2013 | 37 days | $29.73 Million | $808.16K/day | $- | $9.07 Million | ▲ +18 days |
| 2012 | 19 days | $12.67 Million | $683.32K/day | $- | $5.33 Million | ▼ -29 days |
| 2011 | 48 days | $29.61 Million | $620.79K/day | $- | $7.37 Million | ▲ +25 days |
| 2010 | 23 days | $11.48 Million | $506.27K/day | $- | $6.08 Million | ▼ -2 days |
| 2009 | 25 days | $12.42 Million | $502.11K/day | $- | $8.19 Million | ▲ +7 days |
| 2008 | 17 days | $13.70 Million | $787.76K/day | $- | $4.50 Million | — |