Castor Maritime Debt-to-Equity Ratio Growth & History (CTRM)
Castor Maritime's debt-to-equity ratio was 0.01 for fiscal 2025.
View full Castor Maritime company overviewCastor Maritime annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.01 | −0.00 | −10.54% |
| 2024 | 2024-12-31 | 0.02 | −0.17 | −91.52% |
| 2023 | 2023-12-31 | 0.19 | −0.11 | −38.13% |
| 2022 | 2022-12-31 | 0.30 | 0.00 | +1.06% |
| 2021 | 2021-12-31 | 0.30 | 0.05 | +18.21% |
| 2020 | 2020-12-31 | 0.25 | −0.56 | −69.10% |
| 2019 | 2019-12-31 | 0.81 | — | — |
Castor Maritime quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | 0.11 | 0.01 | +7.45% |
| Q4 2025 | 2025-12-31 | 0.01 | −0.00 | −10.54% |
| Q3 2025 | 2025-09-30 | 0.01 | — | — |
| Q2 2025 | 2025-06-30 | 0.02 | −0.07 | −81.04% |
| Q1 2025 | 2025-03-31 | 0.10 | — | — |
| Q4 2024 | 2024-12-31 | 0.02 | −0.17 | −91.52% |
| Q2 2024 | 2024-06-30 | 0.09 | −0.18 | −67.51% |
| Q4 2023 | 2023-12-31 | 0.19 | −0.11 | −38.13% |
| Q2 2023 | 2023-06-30 | 0.26 | −0.11 | −29.32% |
| Q4 2022 | 2022-12-31 | 0.30 | 0.00 | +1.06% |
| Q2 2022 | 2022-06-30 | 0.37 | 0.23 | +159.36% |
| Q4 2021 | 2021-12-31 | 0.30 | 0.05 | +18.21% |
| Q2 2021 | 2021-06-30 | 0.14 | −0.24 | −62.86% |
| Q4 2020 | 2020-12-31 | 0.25 | −0.56 | −69.10% |
| Q2 2020 | 2020-06-30 | 0.38 | — | — |
| Q4 2019 | 2019-12-31 | 0.81 | — | — |
Castor Maritime debt-to-equity ratio trends
Over the last five fiscal years, Castor Maritime's debt-to-equity ratio decreased from 0.25 to 0.01, a change of −0.24. The latest reported quarter, Q1 2026, shows 0.11.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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