Costamare Bulkers Holdings Limited (CMDB) - Net Assets
Based on the latest financial reports, Costamare Bulkers Holdings Limited (CMDB) has net assets worth $781.77 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.09 Billion) and total liabilities ($309.79 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Costamare Bulkers Holdings Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $781.77 Million |
| % of Total Assets | 71.62% |
| Annual Growth Rate | 20.57% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 41.9 |
Costamare Bulkers Holdings Limited - Net Assets Trend (2022–2025)
This chart illustrates how Costamare Bulkers Holdings Limited's net assets have evolved over time, based on quarterly financial data. Also explore Costamare Bulkers Holdings Limited assets under control for the complete picture of this company's asset base.
Annual Net Assets for Costamare Bulkers Holdings Limited (2022–2025)
The table below shows the annual net assets of Costamare Bulkers Holdings Limited from 2022 to 2025. For live valuation and market cap data, see Costamare Bulkers Holdings Limited (CMDB) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $781.77 Million | +85.25% |
| 2024-12-31 | $422.02 Million | -11.10% |
| 2023-12-31 | $474.69 Million | +6.43% |
| 2022-12-31 | $446.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Costamare Bulkers Holdings Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 129.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.35K | 0.00% |
| Other Components | $825.63 Million | 105.61% |
| Total Equity | $781.77 Million | 100.00% |
Costamare Bulkers Holdings Limited Competitors by Market Cap
The table below lists competitors of Costamare Bulkers Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Lisheng Racing Co Ltd
SHE:002858
|
$402.74 Million |
|
Zhejiang Zhenyuan Share Co Ltd
SHE:000705
|
$402.88 Million |
|
Jilin Jian Yisheng Pharmaceutical Co Ltd
SHE:002566
|
$402.93 Million |
|
Cion Investment Corp
NYSE:CION
|
$403.03 Million |
|
Shihlin Paper Corp
TW:1903
|
$402.67 Million |
|
Guangdong Real-Design Intelligent Technology Co. Ltd.
SHE:301135
|
$402.66 Million |
|
Nanjing Chixia Development Co Ltd
SHG:600533
|
$402.56 Million |
|
Guangdong Provincial Expressway Development Co Ltd
SHE:200429
|
$402.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Costamare Bulkers Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 422,019,000 to 781,770,293, a change of 359,751,293 (85.2%).
- Net loss of 42,154,643 reduced equity.
- Other factors increased equity by 401,905,936.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-42.15 Million | -5.39% |
| Other Changes | $401.91 Million | +51.41% |
| Total Change | $- | 85.25% |
Book Value vs Market Value Analysis
This analysis compares Costamare Bulkers Holdings Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.39x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.01x to 0.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $18.43 | $18.61 | x |
| 2023-12-31 | $19.58 | $18.61 | x |
| 2024-12-31 | $17.41 | $18.61 | x |
| 2025-12-31 | $47.74 | $18.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Costamare Bulkers Holdings Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.25%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.40x
- Recent ROE (-5.39%) is above the historical average (-9.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 20.28% | 28.58% | 0.36x | 1.95x | $45.84 Million |
| 2023 | -31.11% | -22.27% | 0.56x | 2.50x | $-195.17 Million |
| 2024 | -23.28% | -8.22% | 0.96x | 2.94x | $-140.46 Million |
| 2025 | -5.39% | -6.25% | 0.62x | 1.40x | $-120.33 Million |
Industry Comparison
This section compares Costamare Bulkers Holdings Limited's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $618,253,249
- Average return on equity (ROE) among peers: 6.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Costamare Bulkers Holdings Limited (CMDB) | $781.77 Million | 20.28% | 0.40x | $402.68 Million |
| Ardmore Shpng (ASC) | $232.36 Million | -1.65% | 0.54x | $552.67 Million |
| BW LPG Limited (BWLP) | $1.25 Billion | 19.48% | 0.93x | $2.23 Billion |
| Capital Clean Energy Carriers Corp. (CCEC) | $573.83 Million | -3.58% | 0.86x | $1.19 Billion |
| C3is Inc. (CISS) | $43.89 Million | 1.26% | 0.02x | $1.91 Million |
| Costamare Inc (CMRE) | $1.35 Billion | 0.66% | 1.23x | $2.08 Billion |
| Castor Maritime Inc (CTRM) | $13.20 Million | 8.24% | 1.30x | $19.61 Million |
| Danaos Corporation (DAC) | $690.85 Million | -4.77% | 2.88x | $2.12 Billion |
| Diana Shipping Inc. (DSX) | $999.33 Million | 12.16% | 0.32x | $206.08 Million |
| Okeanis Eco Tankers Corp. (ECO) | $410.43 Million | 26.52% | 1.64x | $1.68 Billion |
About Costamare Bulkers Holdings Limited
Costamare Bulkers Holdings Limited engages in the ownership and operation of dry bulk vessels worldwide. The company was incorporated in 2023 and is based in Monaco.