Castor Maritime Inc. key statistics and ratios

In fiscal 2025, Castor Maritime Inc. had return on equity of 3.8%, an operating margin of -22.5%, debt equal to 2.3% of equity and a current ratio of 6.44. 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.

Castor Maritime Inc.: financial ratios, annual
Fiscal year	2018Sept 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Operating margin	24.9%	21.5%	3.6%	53.9%	48.7%	22.6%	32.3%	−22.5%
Net margin	24.8%	18.2%	−14.0%	50.9%	78.9%	39.6%	22.1%	23.6%
Free-cash-flow margin	22.8%	−249.9%	−302.8%	−169.5%	32.1%	22.1%	−45.7%	12.0%
Return on equity	10.4%	9.6%	−5.3%	26.4%	29.5%	8.4%	3.1%	3.8%
Return on assets	10.2%	5.4%	−3.3%	19.5%	21.6%	6.2%	2.1%	2.4%
Asset turnover	0.41	0.30	0.24	0.38	0.27	0.16	0.09	0.10
Current ratio	14.14	2.09	1.24	1.62	3.23	8.47	3.94	6.44
Debt to equity	0.0%	83.3%	25.7%	30.3%	30.4%	18.8%	0.0%	2.3%
Interest cover (operating income ÷ interest)	—	5.8x	0.2x	23.6x	9.5x	2.0x	3.5x	n/m
Effective tax rate	0.0%	0.0%	—	0.5%	0.6%	0.8%	0.9%	1.4%
Capital spending as % of revenue	0.0%	288.7%	284.1%	228.6%	50.3%	0.6%	108.9%	0.2%
Free cash flow ÷ net income	92.0%	<−999%	—	−333.3%	40.7%	55.8%	−207.0%	51.2%

US$ thousands unless shown otherwise. Fiscal quarters.

Castor Maritime Inc.: financial ratios, quarterly
Quarter	2017 Q4Dec 2017	2018 Q4Dec 2018
Operating margin	—	24.1%
Net margin	−37.2%	24.9%
Free-cash-flow margin	—	13.3%
Current ratio	—	6.58

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

1 of 2 checks passed · December 31, 2025

What it owns · $797m

Short-term assets $221mLonger-term assets $576m

What it owes, and who funded it · $560m

Short-term liabilities $34mShareholders' equity $525m

Short-term assets cover short-term liabilities $221m of assets due within a year against $34m 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 Cash or debt not separately reported. Not assessable.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
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 Cash flow or debt not reported. Not assessable.
Operating profit covers interest at least five times over Operating income of −$18m against $5m of interest.

From Castor Maritime Inc.'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 Castor Maritime Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Castor Maritime Inc.