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Castor Maritime (NASDAQ:CTRM) Has A Somewhat Strained Balance Sheet

Castor Maritime (NASDAQ:CTRM) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. Importantly, Castor Maritime Inc. (NASDAQ:CTRM) does carry debt. But the real question is whether this debt is making the company risky. When Is Debt Dangerous? Generally speaking, debt only becomes a real problem when a company can’t easily pay it off, either by raising… Source link

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