Company Information

  

Address: 7 RUE DU GABIAN  
City: MONACO 
State:  
Zip Code: MC98000 
Telephone: 377(93)250940 

Description of Business

Primary SIC Code: 4412
(As filed with the SEC)  

Costamare Inc. was incorporated in the Republic of The Marshall Islands on April 21, 2008 under the Marshall Islands Business Corporations Act. We are controlled by members of the Konstantakopoulos family, which has a long history of operating and investing in the international shipping industry, including a long history of vessel ownership. We were founded in 1974 and initially owned and operated drybulk carrier vessels. In 1984 we became the first Greek-owned company to enter the containership market and, since 1992, we have focused exclusively on containerships. After assuming management of our company in 1998, Konstantinos Konstantakopoulos has concentrated on building a large, modern and reliable containership fleet run and supported by highly skilled, experienced and loyal personnel. He founded the management company Shanghai Costamare in 2005, and the manning agency C-Man Maritime Inc. ("C-Man Maritime") in 2006.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20160.790.1007.09
09/20161.910.1004.79
06/20161.650.2904.65
03/20161.830.2904.86
12/20151.680.2906.20
09/20151.610.2907.62
06/20151.680.29010.93
03/20151.400.29012.58

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.08Total Liab/Total Assets0.58
Net Inc/Total Assets0.03Total Liab/Inv Cap0.73
Net Inc/Inv Cap0.04Total Liab/Comm Equity1.40
Pretax Inc/Net Sales0.17Interest Coverage Ratio2.12
Net Inc/Net Sales0.17Curr Debt/Equity0.23
Cash Flow/Net Sales0.48LTD/Equity1.11
SG&A/NetSales0.07Total Debt/Equity1.33
Asset Utilization   Liquidity  
Net Receivables Turnover48.77Quick Ratio0.71
Inventory Turnover10.11Current Ratio0.75
Inventory Day Sales0.03Net Rec/Curr Assets0.04
Net Sales/Work Cap-6.67Inv/Curr Assets0.05
Net Sales/PP&E0.23  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 468.19 490.38 484.00 414.25
Cost of Goods Sold 111.18 123.70 128.05 122.62
Selling & Admin Exps 33.35 36.28 26.18 25.10
Operating Income 208.02 216.35 212.14 168.49
Interest Exp 72.81 79.63 86.31 74.53
Pretax Income 81.78 144.29 118.52 102.40
Other Income -53.43 7.57 -7.32 8.44
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 81.70 143.76 115.09 103.09

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 171.78 114.82 127.35 102.45
Receivables - Total 7.71 11.49 9.08 20.66
Inventories - Total 11.42 10.58 11.57 11.01
Total Current Assets 209.83 145.06 157.98 136.56
Net Property, Plant & Equipment 2,073.16 2,247.62 2,349.37 2,428.26
Total Assets 2,558.42 2,632.56 2,714.74 2,685.84
Liabilities        
Accounts Payable 15.15 19.64 25.42 20.20
Debt in Current Liabilities 243.50 230.60 249.75 262.04
Total Current Liabilities 279.99 270.31 290.38 294.98
Long-Term Debt 1,187.53 1,372.23 1,592.27 1,708.75
Total Liabilities 1,484.00 1,669.05 1,912.10 2,028.89
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.01 0.01 0.01 0.01
Retained Earnings 31.42 44.25 0.10 -20.05
Treasury Stock NA NA NA NA
Total Stockholders' Equity 1,074.42 963.51 802.64 656.95
Total Liabilities and Stockholders' Equity 2,558.42 2,632.56 2,714.74 2,685.84

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 226.56 244.66 243.27 186.68
Net Cash Provided by Investing Activities -34.39 -42.98 -119.26 -621.06
Net Cash Provided by Financing Activities -127.38 -214.66 -104.30 260.43

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012386.1681.131.20
12/2013414.25103.091.36
12/2014484.00115.091.38
12/2015490.38143.761.68
12/2016468.1981.700.79
Growth Rates4.930.18-9.92

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1713428,17626.36




Report Date : 10/16/2017

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