Castor Maritime Inc
NASDAQ:CTRM

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Castor Maritime Inc Logo
Castor Maritime Inc
NASDAQ:CTRM
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Price: 2.27 USD 3.18% Market Closed
Market Cap: 21.9m USD

Gross Margin
Castor Maritime Inc

58.8%
Current
66%
Average
28.4%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
58.8%
=
Gross Profit
38.9m
/
Revenue
66.2m

Gross Margin Across Competitors

Castor Maritime Inc
Glance View

Market Cap
21.9m USD
Industry
Marine

Castor Maritime, Inc. engages in the provision of shipping transportation services through its ownership of dry bulk vessels. The firm is engaged in the ocean transportation of dry bulk cargoes worldwide through the ownership and operation of bulk carrier vessels. The company also aims to increase its fleet through acquisitions of new and modern vessels.

CTRM Intrinsic Value
Not Available
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
58.8%
=
Gross Profit
38.9m
/
Revenue
66.2m
What is the Gross Margin of Castor Maritime Inc?

Based on Castor Maritime Inc's most recent financial statements, the company has Gross Margin of 58.8%.

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