Costamare Inc. (CMRE) quarterly balance sheet — complete assets, liabilities & equity history
Costamare Inc. (CMRE) balance sheet — 18-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 890.37M | 598.1M | 769.1M | 690.67M | 663.83M | 618.92M | 1.12B | 1.04B | 1.16B | 1.28B | 1.26B | 1.12B | 1.06B | 1.11B | 1.13B | 1.01B | 879.88M | 836.05M | 644.31M | 426.12M |
| Cash & Short-Term Investments | 679.08M | 380.41M | 602.26M | 547.25M | 525.26M | 510.67M | 818.8M | 766.44M | 866.19M | 971.7M | 908.12M | 773.68M | 736.44M | 840.91M | 940.87M | 847.83M | 655.56M | 622.55M | 427.51M | 276M |
| Cash Only | 659.33M | 360.8M | 582.82M | 527.97M | 525.26M | 442.7M | 767.83M | 704.63M | 798.75M | 894.91M | 832.2M | 756.19M | 736.44M | 692.92M | 864.17M | 727.82M | 630.69M | 612.58M | 407.52M | 276M |
| Short-Term Investments | 19.75M | 19.6M | 19.44M | 19.28M | 0 | 67.97M | 50.97M | 61.81M | 67.44M | 76.78M | 75.93M | 17.49M | 0 | 147.99M | 76.71M | 120.01M | 24.87M | 9.96M | 19.99M | 0 |
| Accounts Receivable | 30.85M | 33.53M | 29.64M | 24.23M | 26.61M | 28.88M | 70.09M | 75.33M | 94.16M | 112.8M | 90.09M | 83.42M | 68.32M | 82.14M | 59.37M | 47.27M | 41.27M | 41.17M | 28.87M | 32.31M |
| Days Sales Outstanding | 13.97 | 14.32 | 12.03 | 11.03 | 11.33 | 21.35 | 14.66 | 14.22 | 17.48 | 42.36 | 16.6 | 14.1 | 17.29 | 17.52 | 19.29 | 15.34 | 13.1 | 10.95 | 10.27 | 8.18 |
| Inventory | 16.39M | 15.87M | 14.18M | 14.12M | 14.7M | 14.13M | 56.06M | 57.66M | 61.49M | 54.22M | 65.55M | 61.27M | 66.57M | 54.44M | 41.04M | 28.04M | 25M | 23.67M | 20.15M | 21.36M |
| Days Inventory Outstanding | 14.31 | 13.94 | 12.94 | 13.54 | 21 | 33.9 | 16.45 | 13.95 | 12.66 | 63.49 | 16.53 | 15.85 | 19.41 | 16.95 | 19.34 | 18.02 | 17.39 | 15.68 | 15.32 | 16.07 |
| Other Current Assets | 164.05M | 168.3M | 123.03M | 105.07M | 97.27M | 65.25M | 177.49M | 140.79M | 138.88M | 142.03M | 192.1M | 199.3M | 185.39M | 134.86M | 85.47M | 91.48M | 158.05M | 148.67M | 156.27M | 87.85M |
| Total Non-Current Assets | 3.47B | 3.41B | 3.16B | 3.17B | 3.2B | 3.12B | 4.01B | 4.11B | 4.08B | 4.07B | 4.09B | 4.17B | 4.28B | 4.2B | 3.95B | 3.88B | 3.91B | 3.92B | 3.94B | 3.98B |
| Property, Plant & Equipment | 2.99B | 2.97B | 2.72B | 2.74B | 2.76B | 2.7B | 3.63B | 3.72B | 3.69B | 3.65B | 3.69B | 3.77B | 4.07B | 3.95B | 3.7B | 3.67B | 3.71B | 3.74B | 3.78B | 3.84B |
| Fixed Asset Turnover | 0.07x | 0.07x | 0.07x | 0.08x | 0.08x | 0.07x | 0.12x | 0.15x | 0.15x | 0.06x | 0.13x | 0.13x | 0.10x | 0.10x | 0.07x | 0.07x | 0.08x | 0.08x | 0.07x | 0.08x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 7K | 31K | 74K | 122K | 171K | 220K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 618K | 667K |
| Long-Term Investments | 410.26M | 368.15M | 376.29M | 58.42M | 391.77M | 313.33M | 221.93M | 228.82M | 225.61M | 231.67M | 212.9M | 326.15M | 140.69M | 182.81M | 193.51M | 159.71M | 160.86M | 133.66M | 19.03M | 19.87M |
| Other Non-Current Assets | 76.21M | 69.08M | 56.98M | 374.59M | 49.97M | 110.32M | 149.52M | 156.77M | 172.59M | 189.41M | 188.25M | 72.8M | 69.13M | 63.27M | 61.34M | 55.03M | 48.8M | 45.94M | 133.79M | 118.88M |
| Total Assets | 4.36B | 4.01B | 3.92B | 3.86B | 3.86B | 3.74B | 5.13B | 5.15B | 5.24B | 5.36B | 5.35B | 5.29B | 5.34B | 5.31B | 5.08B | 4.9B | 4.79B | 4.76B | 4.58B | 4.41B |
| Asset Turnover | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.05x | 0.09x | 0.11x | 0.10x | 0.04x | 0.09x | 0.09x | 0.08x | 0.07x | 0.05x | 0.05x | 0.06x | 0.06x | 0.06x | 0.07x |
| Asset Growth % | 13.03% | 7.21% | -23.46% | -24.98% | -26.38% | -30.18% | -4.16% | -2.62% | -1.72% | 0.89% | 5.31% | 7.98% | 11.3% | 11.53% | 10.94% | 11.1% | 13.52% | 21.17% | 29.81% | 46.39% |
| Total Current Liabilities | 353.28M | 371.67M | 392.21M | 398.57M | 394.56M | 369.18M | 724.87M | 745.56M | 704.61M | 797.16M | 655.86M | 662.77M | 672.93M | 661.14M | 519.89M | 423.09M | 444.65M | 475.5M | 419.08M | 370.03M |
| Accounts Payable | 13.2M | 26.35M | 14.27M | 11.27M | 8.33M | 10.61M | 42.65M | 49.42M | 65.89M | 61.28M | 60.56M | 46.77M | 48.76M | 37.38M | 24.94M | 18.16M | 12.98M | 18.8M | 8.65M | 18.86M |
| Days Payables Outstanding | 17.54 | 18.85 | 11.68 | 9.21 | 13.79 | 25.72 | 13.32 | 13.5 | 13.91 | 64.58 | 13.99 | 11.84 | 13.81 | 11.06 | 12.06 | 10.58 | 11.36 | 9.82 | 10.16 | 12.65 |
| Short-Term Debt | 203.16M | 231.67M | 254.34M | 268.13M | 272.07M | 282.23M | 335.06M | 317.87M | 317.39M | 338.73M | 337.05M | 510.7M | 517.42M | 500.17M | 404.48M | 320.11M | 356.02M | 373.75M | 324.62M | 272.37M |
| Deferred Revenue (Current) | 55.21M | 50.98M | 45.51M | 42.63M | 44.18M | 25.55M | 44.93M | 47.81M | 51.78M | 52.4M | 45.48M | 52.18M | 45.73M | 52.36M | 33.15M | 25.23M | 27.75M | 26.04M | 21.5M | 23.83M |
| Other Current Liabilities | 81.7M | 62.66M | 78.09M | 76.54M | 69.99M | 28.02M | 46.2M | 62.69M | 25.67M | 130.82M | 11.97M | 53.12M | 61.02M | 71.23M | 57.31M | 59.59M | 47.91M | 56.92M | 7.61M | 9.29M |
| Current Ratio | 2.52x | 1.61x | 1.96x | 1.73x | 1.68x | 1.68x | 1.55x | 1.40x | 1.65x | 1.61x | 1.91x | 1.69x | 1.57x | 1.68x | 2.17x | 2.40x | 1.98x | 1.76x | 1.54x | 1.15x |
| Quick Ratio | 2.47x | 1.57x | 1.92x | 1.70x | 1.65x | 1.64x | 1.47x | 1.32x | 1.56x | 1.54x | 1.81x | 1.59x | 1.47x | 1.60x | 2.09x | 2.33x | 1.92x | 1.71x | 1.49x | 1.09x |
| Cash Conversion Cycle | 10.73 | 9.41 | 13.29 | 15.37 | 18.54 | 29.53 | 17.79 | 14.66 | 16.23 | 41.26 | 19.14 | 18.11 | 22.88 | 23.41 | 26.56 | 22.79 | 19.14 | 16.81 | 15.44 | 11.6 |
| Total Non-Current Liabilities | 1.65B | 1.35B | 1.31B | 1.31B | 1.37B | 1.35B | 1.76B | 1.83B | 1.99B | 2.06B | 2.16B | 2.18B | 2.29B | 2.31B | 2.25B | 2.31B | 2.37B | 2.42B | 2.31B | 2.31B |
| Long-Term Debt | 1.6B | 1.27B | 1.24B | 1.25B | 1.31B | 1.31B | 1.67B | 1.72B | 1.86B | 1.93B | 2B | 2B | 2.09B | 2.1B | 2.18B | 2.26B | 2.31B | 2.37B | 2.17B | 2.17B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 61.33M | 87.42M | 98.86M | 79.56M | 113.55M | 137.94M | 155.93M | 161.09M | 24.84M | 0 | 0 | 0 | 95.5M | 99.69M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 14.87M | 35.69M | 27.2M | 15.27M | 14.26M | 32.26M | 17.55M | 16.27M | 20.79M | 29.23M | 25.75M | 20.38M | 20.3M | 13.74M | 13.82M | 13.65M | 21.78M | 15.15M | 7.7M | 7.84M |
| Total Liabilities | 2.01B | 1.72B | 1.7B | 1.7B | 1.76B | 1.72B | 2.48B | 2.58B | 2.7B | 2.85B | 2.82B | 2.85B | 2.97B | 2.97B | 2.77B | 2.74B | 2.81B | 2.89B | 2.73B | 2.68B |
| Total Debt | 1.81B | 1.5B | 1.49B | 1.51B | 1.58B | 1.59B | 2.28B | 2.35B | 2.48B | 2.52B | 2.61B | 2.65B | 2.76B | 2.76B | 2.61B | 2.58B | 2.67B | 2.74B | 2.61B | 2.56B |
| Net Debt | 1.15B | 1.14B | 911.34M | 986.87M | 1.06B | 1.15B | 1.51B | 1.65B | 1.68B | 1.63B | 1.78B | 1.89B | 2.02B | 2.07B | 1.75B | 1.86B | 2.04B | 2.13B | 2.2B | 2.28B |
| Debt / Equity | 0.77x | 0.66x | 0.67x | 0.70x | 0.75x | 0.79x | 0.86x | 0.92x | 0.97x | 1.01x | 1.03x | 1.09x | 1.17x | 1.18x | 1.13x | 1.20x | 1.35x | 1.47x | 1.41x | 1.48x |
| Debt / EBITDA | 13.90x | 11.74x | 12.35x | 11.29x | 10.52x | 11.20x | 15.82x | 13.94x | 17.06x | 16.40x | 18.16x | 17.88x | 21.92x | 16.85x | 13.31x | 9.96x | 14.21x | 14.23x | 13.82x | 11.45x |
| Net Debt / EBITDA | 8.83x | 8.92x | 7.53x | 7.36x | 7.03x | 8.08x | 10.49x | 9.76x | 11.56x | 10.58x | 12.38x | 12.77x | 16.07x | 12.62x | 8.91x | 7.16x | 10.85x | 11.05x | 11.66x | 10.21x |
| Interest Coverage | 4.89x | 5.12x | 5.32x | 5.49x | 5.09x | 5.77x | 3.95x | 2.00x | 3.23x | 4.49x | 4.12x | 4.27x | 2.62x | 2.85x | 5.03x | 6.39x | 4.70x | 5.06x | 5.72x | 7.19x |
| Total Equity | 2.36B | 2.29B | 2.22B | 2.16B | 2.1B | 2.02B | 2.64B | 2.57B | 2.55B | 2.5B | 2.53B | 2.44B | 2.37B | 2.34B | 2.31B | 2.16B | 1.98B | 1.87B | 1.85B | 1.73B |
| Equity Growth % | 12.43% | 13.5% | -15.89% | -15.95% | -17.58% | -19.34% | 4.45% | 5.3% | 7.43% | 6.92% | 9.78% | 12.91% | 19.66% | 25.34% | 24.37% | 25.18% | 25.63% | 26.58% | 32.05% | 27.96% |
| Book Value per Share | 19.54 | 18.98 | 18.45 | 17.96 | 17.44 | 16.81 | 22.04 | 21.44 | 21.30 | 21.01 | 21.34 | 20.67 | 19.51 | 19.10 | 18.82 | 17.71 | 16.30 | 15.03 | 14.94 | 13.95 |
| Total Shareholders' Equity | 2.29B | 2.22B | 2.15B | 2.09B | 2.03B | 1.95B | 2.59B | 2.51B | 2.49B | 2.45B | 2.47B | 2.38B | 2.32B | 2.3B | 2.27B | 2.16B | 1.98B | 1.87B | 1.85B | 1.73B |
| Common Stock | 13K | 13K | 13K | 13K | 13K | 13K | 13K | 13K | 13K | 13K | 13K | 13K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K |
| Retained Earnings | 1.07B | 993.57M | 930.03M | 868.73M | 809.97M | 731.12M | 1.36B | 1.28B | 1.26B | 1.2B | 1.13B | 1.05B | 962.89M | 923.19M | 873.98M | 746.66M | 573.98M | 480.2M | 442.49M | 341.48M |
| Treasury Stock | -120.09M | -120.09M | -120.09M | -120.09M | -120.09M | -120.09M | -120.09M | -120.09M | -120.09M | -120.09M | -120.09M | -120.09M | -120.09M | -91.26M | -60.09M | -60.09M | -60.09M | -52.36M | 0 | 0 |
| Accumulated OCI | -1.03M | 7.93M | 6.73M | 4.32M | 5M | 7.47M | 10.99M | 17.34M | 5.21M | 27.01M | 26.82M | 21.39M | 44.71M | 38.85M | 25.71M | 46.42M | 47.75M | 26.58M | 19.01M | -2.23M |
| Minority Interest | 72.64M | 72.28M | 71.84M | 72.76M | 72.15M | 71.07M | 54.67M | 55.09M | 54.96M | 57.7M | 57.91M | 56.86M | 47.89M | 38.8M | 37.33M | 3.49M | 0 | 0 | 0 | 0 |