Costamare (CMRE) Financials

The income statement of Costamare Inc (CMRE) provides a comprehensive overview of the company's financial performance. It includes key financial figures such as revenue, gross profit, EBIT (Earnings Before Interest and Taxes), EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), and net income from stockholders. These figures are crucial in assessing the profitability and operating efficiency of the company. Gross profit represents the revenue remaining after deducting the cost of goods sold, while EBIT measures the company's operating profitability before considering interest and taxes. EBITDA further adds back depreciation and amortization expenses to assess the company's operational cash flow.

Costamare Inc's total revenue reflects the overall sales generated by the company in a given period. This figure considers all sources of revenue, including charter hire income and related party revenue. It is an essential metric for evaluating the company's growth and market position. On the balance sheet, cash equivalents represent highly liquid assets that can be easily converted into cash. These typically include short-term investments and highly marketable securities. Net debt indicates the company's total debt minus its cash and cash equivalents. It provides insights into the company's financial leverage and its ability to manage its debt obligations.

Stockholders' equity, also known as shareholders' equity, is the residual interest in the company's assets after deducting its liabilities. It represents the shareholders' stake in the company and is a crucial indicator of the company's financial health. Total assets encompass all the resources owned or controlled by Costamare Inc, including both current and long-term assets. Conversely, total debt and total liabilities reflect the company's outstanding obligations and financial commitments. Understanding these figures helps assess the company's solvency and its ability to meet its financial obligations.

Cash flow is a vital aspect of evaluating Costamare Inc's financial performance. It tracks the movement of cash into and out of the company. Operating cash flow represents the cash generated from the company's core operations, while investing cash flow reflects cash used for investment purposes, such as acquiring or disposing of assets. Financing cash flow reflects the cash inflows and outflows related to raising capital or repaying debt. Free cash flow, derived from operating cash flow, represents the discretionary cash available to the company after accounting for capital expenditures. It provides insights into the company's ability to invest in growth opportunities or distribute cash to shareholders.