Last Price$10.20.0%
Market Cap$1,205.2M
LTM Total Debt to Total Equity
0.8x
5Y avg
1.2x
Marine Shipping industry
median
0.6x
Stock quality & Intrinsic value
6/10
53.2% undervalued
Costamare Inc. Total Debt to Total Equity
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Debt to Total Equity | (142.3x) | 9.2x | 3.7x | 4.4x | 3.0x | 2.8x | 2.2x | 1.6x | 1.3x | 1.0x | 1.2x | 1.1x | 1.2x | 1.5x | 1.2x | 1.1x | 0.8x |
Overvalued or undervalued?
Check the intrinsic value for CMRE
and see if it's the right time to invest.
Costamare Inc. (CMRE) Total Debt to Total Equity comparison analysis
General
LTM Total Debt to Total Equity
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Costamare Inc.CMRE
0.8x
37.9%
(17.3%)
15.4%
Median Peer Set
0.5x
9.1%
(4.9%)
13.5%
SFL Corporation Ltd.SFL
2.5x
11.0%
(35.9%)
11.3%
Capital Product Partners L.P.CPLP
2.1x
20.6%
(76.0%)
13.1%
Golden Ocean Group LimitedGOGL
0.7x
(20.4%)
(75.7%)
12.7%
Navios Maritime Partners L.P.NMM
0.7x
8.0%
(25.2%)
33.2%
Star Bulk Carriers Corp.SBLK
0.5x
33.3%
223.9%
24.1%
Global Ship Lease, Inc.GSL
0.5x
10.3%
7.6%
45.7%
Kirby CorporationKEX
0.3x
5.6%
31.3%
8.8%
Matson, Inc.MATX
0.3x
10.6%
67.9%
13.9%
Danaos CorporationDAC
0.2x
4.2%
(9.8%)
49.8%
ZIM Integrated Shipping Services Ltd.ZIM
N/A
(58.9%)
N/A
(52.2%)
CMRE key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 426.3 0.0% | 399.9 (6.2%) | 353.2 (11.7%) | 382.2 8.2% | 386.2 1.0% | 414.2 7.3% | 484.0 16.8% | 490.4 1.3% | 468.2 (4.5%) | 412.4 (11.9%) | 380.4 (7.8%) | 478.1 25.7% | 460.3 (3.7%) | 793.6 72.4% | 1,113.9 40.3% | 1,511.4 35.7% | 2,083.9 37.9% |
| Cost of Goods Sold (COGS) | 152.1 | 117.6 | 104.8 | 117.5 | 209.4 | 220.7 | 245.7 | 237.7 | 226.8 | 222.0 | 231.3 | 249.1 | 248.7 | 351.8 | 513.2 | 1,075.0 | 1,527.2 |
% margin | 274.3 64.3% | 282.3 70.6% | 248.3 70.3% | 264.7 69.3% | 176.8 45.8% | 193.6 46.7% | 238.3 49.2% | 252.6 51.5% | 241.4 51.6% | 190.4 46.2% | 149.1 39.2% | 229.0 47.9% | 211.6 46.0% | 441.9 55.7% | 600.7 53.9% | 436.4 28.9% | 556.7 26.7% |
| Operating Expenses | 94.8 | 90.8 | 92.4 | 94.2 | 19.2 | 25.1 | 26.2 | 36.3 | 33.3 | 28.2 | 28.7 | 30.7 | 32.6 | 46.4 | 66.3 | 80.5 | 94.4 |
| Research & Development Expenses (R&D) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, General & Administrative Expenses (SG&A) | 16.1 | 13.9 | 22.4 | 20.3 | 4.0 | 8.5 | 7.7 | 17.4 | 14.7 | 9.5 | 9.2 | 9.4 | 11.0 | 16.8 | 19.5 | 80.5 | 92.7 |
% margin | 179.5 42.1% | 191.6 47.9% | 155.9 44.1% | 170.7 44.7% | 154.9 40.1% | 169.0 40.8% | 214.7 44.4% | 217.9 44.4% | 166.1 35.5% | 137.0 33.2% | 117.2 30.8% | 100.1 20.9% | 194.1 42.2% | 278.0 35.0% | 380.2 34.1% | 468.0 31.0% | 463.9 22.3% |
| Interest Income | 5.6 | 2.7 | 1.4 | 0.5 | 1.5 | 0.5 | 0.8 | 1.4 | 1.6 | 2.6 | 3.5 | 3.3 | 1.8 | 1.6 | 6.0 | 32.4 | 33.2 |
| Interest Expense | 68.4 | 86.8 | 71.9 | 75.4 | 74.7 | 74.5 | 44.6 | 92.3 | 72.8 | 69.8 | 64.0 | 89.0 | 63.3 | 86.0 | 122.2 | 163.0 | 140.0 |
| Pre-tax Income | 162.6 | 201.1 | 99.8 | 116.9 | 81.1 | 103.1 | 115.1 | 143.8 | 81.7 | 72.9 | 67.2 | 99.0 | 8.9 | 435.1 | 554.7 | 381.0 | 316.3 |
% effective tax rate | 81.4 50.0% | 78.0 38.8% | 83.1 83.3% | 82.9 70.9% | (5.6) (7.0%) | (13.9) (13.5%) | 44.4 38.6% | (9.5) (6.6%) | (27.6) (33.8%) | (22.6) (31.1%) | 10.7 15.9% | (12.5) (12.6%) | 80.6 908.3% | (33.0) (7.6%) | (166.2) (30.0%) | 0.0 0.0% | 0.0 0.0% |
% margin | 99.8 23.4% | 116.9 29.2% | 81.2 23.0% | 87.6 22.9% | 81.1 21.0% | 103.1 24.9% | 115.1 23.8% | 143.8 29.3% | 81.7 17.5% | 72.9 17.7% | 67.2 17.7% | 99.0 20.7% | (71.8) (15.6%) | 435.1 54.8% | 555.0 49.8% | 385.7 25.5% | 319.9 15.4% |
| EPS | 2.12 | 2.49 | 1.65 | 1.45 | 1.20 | 1.36 | 1.38 | 1.68 | 0.79 | 0.52 | 0.61 | 0.59 | (0.59) | 3.28 | 4.26 | 2.95 | 2.44 |
| Diluted EPS | 2.12 | 2.49 | 1.65 | 1.45 | 1.20 | 1.36 | 1.38 | 1.68 | 0.79 | 0.52 | 0.61 | 0.59 | (0.59) | 3.28 | 4.26 | 2.95 | 2.44 |
% margin | 258.5 60.6% | 261.2 65.3% | 180.3 51.0% | 190.2 49.8% | 181.5 47.0% | 215.0 51.9% | 313.7 64.8% | 290.5 59.2% | 251.7 53.8% | 245.6 59.6% | 222.7 58.6% | 300.9 62.9% | 177.8 38.6% | 649.3 81.8% | 853.3 76.6% | 730.1 48.3% | 619.9 29.7% |
Discover more Stock Ideas
Undervalued stocks right now
Discover the top 20 best undervalued stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.
3M Return 32.1%
S&P Outperformance 19.1%
Next 3M Predicted Return 20.3%
Undervalued growth stocks
Discover the top 20 best undervalued large-cap growth stocks to buy for Mar 2025, listed on the Nasdaq or NYSE.
3M Return 35.3%
S&P Outperformance 22.3%
Next 3M Predicted Return 26.8%
Undervalued dividend stocks
Discover the top 20 best undervalued high-yield dividend stock that offers both growth potential and attractive dividend returns for Mar 2025.
3M Return 28.4%
S&P Outperformance 15.4%
Next 3M Predicted Return 16.9%
FAQ
1) What is Costamare Inc.'s Total Debt to Total Equity?
As of today, Microsoft Corp's last 12-month Total Debt to Total Equity is 0.8x, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Total Debt to Total Equity for Costamare Inc. have been 1.2x over the past three years, and 1.3x over the past five years.
2) Is Costamare Inc.'s Total Debt to Total Equity Good?
As of today, Costamare Inc.'s Total Debt to Total Equity is 0.8x, which is higher than industry median of 0.6x. It indicates that Costamare Inc.'s Total Debt to Total Equity is Bad.