Castor Maritime Inc (CTRM) - Total Assets
Based on the latest financial reports, Castor Maritime Inc (CTRM) holds total assets worth $792.45 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Castor Maritime Inc shareholders equity for net asset value and shareholders' equity analysis.
Castor Maritime Inc - Total Assets Trend (2017–2024)
This chart illustrates how Castor Maritime Inc's total assets have evolved over time, based on quarterly financial data.
Castor Maritime Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Castor Maritime Inc's total assets of $792.45 Million consist of 31.8% current assets and 68.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.0% |
| Accounts Receivable | $20.98 Million | 2.6% |
| Inventory | $1.55 Million | 0.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $19.32 Million | 2.4% |
| Goodwill | $17.93 Million | 2.3% |
Asset Composition Trend (2017–2024)
This chart illustrates how Castor Maritime Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Castor Maritime Inc (CTRM) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Castor Maritime Inc's current assets represent 31.8% of total assets in 2024, an increase from 15.5% in 2017.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2024, up from 9.6% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 2.6% of total assets.
Castor Maritime Inc Competitors by Total Assets
Key competitors of Castor Maritime Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Merchants Port Group Co Ltd
SHE:001872
|
China | CN¥203.14 Billion |
|
BW LPG Limited
F:BW9
|
Germany | €3.15 Billion |
|
Okeanis Eco Tankers Corp
OL:OET
|
Norway | Nkr1.08 Billion |
|
MPC Container Ships ASA
OL:MPCC
|
Norway | Nkr1.51 Billion |
|
Himalaya Shipping Ltd
OL:HSHP
|
Norway | Nkr865.30 Million |
|
Grupo Empresas Navieras SA
SN:NAVIERA
|
Chile | CL$1.53 Billion |
|
StealthGas Inc
F:S6W
|
Germany | €717.33 Million |
|
2020 Bulkers Ltd.
F:0FF
|
Germany | €270.20 Million |
Castor Maritime Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 5.61 | 32.20 | 4.33 |
| Quick Ratio | 5.61 | 32.06 | 4.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $212.19 Million | $231.58 Million | $30.95 Million |
Castor Maritime Inc - Advanced Valuation Insights
This section examines the relationship between Castor Maritime Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.04 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 31.8% |
| Total Assets | $797.38 Million |
| Market Capitalization | $20.00 Million USD |
Valuation Analysis
Below Book Valuation: The market values Castor Maritime Inc's assets below their book value (0.03x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Castor Maritime Inc's assets grew by 31.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Castor Maritime Inc (2017–2024)
The table below shows the annual total assets of Castor Maritime Inc from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $797.38 Million | +31.79% |
| 2023-12-31 | $605.04 Million | -4.40% |
| 2022-12-31 | $632.92 Million | +36.73% |
| 2021-12-31 | $462.91 Million | +522.44% |
| 2020-12-31 | $74.37 Million | +144.47% |
| 2019-12-31 | $30.42 Million | +216.10% |
| 2018-12-31 | $9.62 Million | +10.39% |
| 2017-12-31 | $8.72 Million | -- |
About Castor Maritime Inc
Castor Maritime Inc. operates as a shipping and energy company worldwide. It operates through Dry Bulk, Containership, and Asset Management segments. The company offers seaborne transportation services for dry bulk and containership cargoes; and transportation of commodities, such as iron ore, coal, soybeans, etc. It also provides technical and commercial ship management and energy infrastructure… Read more