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Costamare Inc   (CMRE)
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Costamare Inc 's Quick Ratio

CMRE's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Quick Ratio deteriorated to 1.17 above company average Quick Ratio.

Within Marine Transportation industry 10 other companies have achieved higher Quick Ratio than Costamare Inc in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 1177 to 1208.

Explain Quick Ratio?
How much Cash & cash equivalents CMRE´s has?
What are CMRE´s Current Liabilities?


CMRE Quick Ratio (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 56.65 % 56.65 % 56.65 % 56.65 % 14.34 %
Y / Y Cash & cash equivalent Change -8.38 % -8.38 % -8.38 % -8.38 % 197.63 %
Quick Ratio MRQ 1.17 1.17 1.17 1.17 2
CMRE's Total Ranking # 1208 # 1177 # 1189 # 1203 # 1320
Seq. Current Liabilities Change 0 % 0 % 0 % 56.65 % 0 %
Seq. Cash & cash equivalent Change 0 % 0 % 0 % -8.38 % 0 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Marine Transportation Industry # 11
Transportation Sector # 16
Overall Market # 1208


Quick Ratio Statistics
High Average Low
2 0.76 0.36
(Dec 31 2022)   (Dec 31 2013)




Financial Statements
Costamare Inc 's Current Liabilities $ 663 Millions Visit CMRE's Balance sheet
Costamare Inc 's Cash & cash equivalent $ 777 Millions Visit CMRE's Balance sheet
Source of CMRE's Sales Visit CMRE's Sales by Geography


Cumulative Costamare Inc 's Quick Ratio

CMRE's Quick Ratio for the trailling 12 Months

CMRE Quick Ratio

(Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 56.65 % 56.65 % 56.65 % 56.65 % 14.34 %
Y / Y Cash & cash equivalent TTM Growth -8.38 % -8.38 % -8.38 % -8.38 % 197.63 %
Quick Ratio TTM 1.17 1.32 1.5 1.72 2
Total Ranking TTM # 982 # 2874 # 2909 # 3260 # 4637
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % 56.65 % 0 %
Seq. Cash & cash equivalent TTM Growth 0 % 0 % 0 % -8.38 % 0 %


On the trailing twelve months basis Due to unchange in Current Liabilities in the IV Quarter 2023 to $662.77 millions, cumulative Quick Ratio decreased to 1.17 above the CMRE average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Marine Transportation industry 11 other companies have achieved higher Quick Ratio than Costamare Inc . While Quick Ratio overall ranking has improved so far to 982, from total ranking during the twelve months ending third quarter 2023 at 2874.

Explain Quick Ratio?
How much Cash & cash equivalents CMRE´s has?
What are CMRE´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Marine Transportation Industry # 12
Transportation Sector # 16
Within the Market # 982


trailing twelve months Quick Ratio Statistics
High Average Low
2 0.8 0.35
(Dec 31 2022)   (Dec 31 2013)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Marine Transportation Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Dorian Lpg Ltd   2.03 $ 208.460  Millions$ 102.451  Millions
Stealthgas Inc   2.01 $ 77.862  Millions$ 38.672  Millions
Diana Shipping Inc   1.87 $ 141.592  Millions$ 75.913  Millions
Globus Maritime Limited  1.62 $ 74.202  Millions$ 45.759  Millions
Safe Bulkers Inc   1.61 $ 89.942  Millions$ 55.733  Millions
Genco Shipping and Trading Limited  1.32 $ 46.542  Millions$ 35.286  Millions
Costamare Inc   1.17 $ 776.784  Millions$ 662.770  Millions
Tsakos Energy Navigation Limited  1.16 $ 376.302  Millions$ 323.202  Millions
Euroseas Ltd   1.15 $ 58.613  Millions$ 51.188  Millions
Capital Product Partners L p   1.05 $ 192.422  Millions$ 183.930  Millions
Brink s Co  1.02 $ 1,683.600  Millions$ 1,645.400  Millions
Euronav Nv  1.01 $ 430.239  Millions$ 424.753  Millions
Himalaya Shipping Ltd   1.01 $ 25.553  Millions$ 25.300  Millions
Pangaea Logistics Solutions Ltd   0.94 $ 99.038  Millions$ 105.334  Millions
Expeditors International Of Washington Inc   0.89 $ 1,512.883  Millions$ 1,704.412  Millions
Seacor Marine Holdings Inc   0.88 $ 67.455  Millions$ 77.086  Millions
Top Ships Inc   0.87 $ 35.956  Millions$ 41.372  Millions
Star Bulk Carriers Corp   0.72 $ 259.729  Millions$ 359.363  Millions
Global Ship Lease Inc   0.70 $ 195.443  Millions$ 280.440  Millions
Singularity Future Technology Ltd  0.68 $ 3.154  Millions$ 4.616  Millions
Eagle Bulk Shipping Inc   0.56 $ 118.615  Millions$ 212.847  Millions
Navios Maritime Partners L p   0.54 $ 249.175  Millions$ 459.600  Millions
Overseas Shipholding Group Inc   0.54 $ 91.157  Millions$ 169.488  Millions
Forward Air Corporation  0.51 $ 121.969  Millions$ 237.094  Millions
Scorpio Tankers Inc   0.38 $ 355.551  Millions$ 939.188  Millions
Zim Integrated Shipping Services Ltd   0.37 $ 921.500  Millions$ 2,518.100  Millions
Atlas Corp   0.36 $ 385.300  Millions$ 1,083.800  Millions
Hub Group Inc   0.28 $ 187.270  Millions$ 658.210  Millions
Seanergy Maritime Holdings Corp   0.28 $ 19.428  Millions$ 69.515  Millions
Jayud Global Logistics Limited  0.24 $ 3.685  Millions$ 15.476  Millions

Date modified: 2024-04-03T15:31:31+00:00



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