Costamare Balance Sheet - Quarterly (NYSE:CMRE)

Add to My Stocks
$6.85 $0.17 (2.54%) CMRE stock closing price Sep 19, 2018 (Closing)

A thorough fundamental analysis involves using data from Costamare balance sheet, apart from other financial statements, to value the business. As in our Costamare stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Costamare had a long term debt of $581.28M at the end of 2018 Q2. To understand the debt servicing capacity of the company, one needs to look at Costamare operating cash flow and Costamare revenue also. Costamare debt to equity ratio is 0.8.

View and download Costamare quarterly results to get the balance sheet details for the latest 40 quarters data.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash129.59M220.85M186.22M198.54M201.48M147.16M171.78M113.08M105.87M87.2M
Marketable Securities----------
Receivables6.29M6.45M8.68M11.23M10.56M6.78M7.3M10.28M11.89M7.54M
Inventory9.67M10.47M9.66M9.82M10.36M10.09M11.41M10.35M10.77M10.82M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets17.16M22.7M22.06M13.28M20.6M13.14M19.33M16.6M9.81M10.21M
Total Current Assets
162.71M260.49M226.63M232.89M243.01M177.19M209.82M150.32M138.35M115.77M
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
2.02B1.98B2B2.03B2.07B2.04B2.07B2.14B2.2B2.22B
Investment & Advances179.18M173.65M166.25M166.28M162.97M161.29M153.88M149.56M129.24M124.23M
Other Non-Current Assets7.54M1.8M1.8M1.72M1.72M1.57M1.57M1.5M1.42M1.42M
Deferred Charges23.24M19.66M15.42M17.38M18.25M18.8M20.36M22.66M24.73M23.08M
Intangibles----------
Deposits & Other Assets78.51M81.65M85M89.56M93M95.48M99.6M108.07M93.25M94.91M
Total Assets
2.47B2.51B2.49B2.54B2.59B2.5B2.56B2.57B2.59B2.58B
Notes Payable----------
Accounts Payable7.01M7.71M6.51M4.78M4.86M4.75M4.03M4.38M5.51M5.18M
Current Portion Long-Term Debt137.1M148.43M206.31M167.87M180.96M188.99M198.27M181.35M188.11M183.8M
Current Portion Capital Leases33.57M33.21M32.87M32.53M32.35M29.34M29.05M28.77M14.79M14.54M
Accrued Expenses11.21M14.05M10.75M11.08M11.48M11.08M11.1M15.16M16.11M13.44M
Income Taxes Payable----------
Other Current Liabilities15.41M15.05M20.24M26.75M28.62M32.76M37.5M41.37M53.43M45.61M
Total Current Liabilities
204.31M218.46M276.7M243.02M258.28M266.94M279.98M271.05M277.96M262.58M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt581.28M608.45M644.66M718.37M754.48M798.39M856.33M924.09M1.08B1.09B
Non-Current Capital Leases322.41M330.92M339.33M347.68M356.23M323.76M331.19M338.56M210.31M214.1M
Other Long-Term Liabilities7.72M9.42M11.05M12.85M14.94M13.59M16.48M31.95M40.47M51.08M
Total Liabilities
1.12B1.17B1.27B1.32B1.38B1.4B1.48B1.57B1.61B1.61B
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus1.3B1.29B1.18B1.17B1.16B1.06B1.06B982.39M966.65M965.24M
Retained Earnings42.78M46.8M43.72M57.02M48.74M40.12M31.41M55.43M61.98M52.11M
Treasury Stock----------
Other Liabilities6.7M5.63M-0.96M-5.93M-9.29M-10.4M-14.42M-30.05M-47.65M-49.77M
Shareholders Equity1.35B1.35B1.22B1.22B1.2B1.09B1.07B1.01B980.98M967.59M
Total Liabilities & Shareholders Equity2.47B2.51B2.49B2.54B2.59B2.5B2.56B2.57B2.59B2.58B
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

Apart from balance sheet items, an investor would do well to keep track of the Costamare stock price by looking at Costamare historical stock prices. One can compare PE with industry average by looking at the Costamare PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Costamare owns and has monetary significance. CMRE assets decreased from $2.51B in 2018 Q1 to $2.47B in 2018 Q2. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Costamare's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for CMRE stock stand at $1.12B.

Costamare Balance Sheet - Key Ratios

Current ratio
0.8
Debt to equity ratio
0.8
Asset turnover ratio
0.15
Receivables turnover
44.58
Price to book ratio
0.59