Costamare''s Debt Overview
Over the past three months, shares of Costamare (NYSE: CMRE ) rose by 11.21%. Before having a look at the importance of debt, let us look at how much debt Costamare has. Costamare''s Debt According to the Costamare''s most recent balance sheet as reported on March 1, 2021, total debt is at $1.59 billion, with $1.42 billion in long-term debt and $163.63 million in current debt. Adjusting for $143.92 million in cash-equivalents, the company has a net debt of $1.44 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while Full story available on Benzinga.com
Costamare''s Debt Overview
Over the past three months, shares of Costamare (NYSE: CMRE ) rose by 11.21%. Before having a look at the importance of debt, let us look at how much debt Costamare has. Costamare''s Debt According to the Costamare''s most recent balance sheet as reported on March 1, 2021, total debt is at $1.59 billion, with $1.42 billion in long-term debt and $163.63 million in current debt. Adjusting for $143.92 million in cash-equivalents, the company has a net debt of $1.44 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while Full story available on Benzinga.com