Costamare (CMRE) has released an update.
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Costamare Inc. has shown a notable increase in total assets from $5.287 billion as of December 31, 2023, to $5.356 billion by June 30, 2024, reflecting a healthy growth trajectory. This financial growth is evident despite fluctuations in current assets such as cash and cash equivalents, which have risen from $745 million to $895 million, and inventories, which decreased slightly. The balance sheet also reveals changes in liabilities and stockholders’ equity, indicating a dynamic financial period for the company.
For further insights into CMRE stock, check out TipRanks’ Stock Analysis page.
