Costamare Bulkers Holdings Ltd key statistics and ratios

In fiscal 2025, Costamare Bulkers Holdings Ltd had return on equity of -11.2%, an operating margin of -5.1%, debt equal to 23.7% of equity and a current ratio of 2.38. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Costamare Bulkers Holdings Ltd: financial ratios, annual
Fiscal year	2023Dec 2023	2024Dec 2024	2025Dec 2025
Operating margin	—	—	−5.1%
Net margin	—	—	−6.3%
Return on equity	—	200.0%	−11.2%
Return on assets	—	0.3%	−8.0%
Asset turnover	—	—	1.28
Current ratio	—	0.00	2.38
Debt to equity	—	0.0%	23.7%
Interest cover (operating income ÷ interest)	—	—	n/m

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

4 of 5 checks passed · December 31, 2025

What it owns · $929m

Short-term assets $294mLonger-term assets $636m

What it owes, and who funded it · $789m

Short-term liabilities $123mShareholders' equity $666m

Short-term assets cover short-term liabilities $294m of assets due within a year against $123m of liabilities due within a year.
Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
More cash than debt $212m of cash against $156m of debt.
Debt below 40% of shareholders' equity Debt is 23% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $76m of operating cash flow against $156m of debt.
Operating profit covers interest at least five times over Operating income of −$31m against $8m of interest.

From Costamare Bulkers Holdings Ltd's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Costamare Bulkers Holdings Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Costamare Bulkers Holdings Ltd.