Navios Maritime Partners L.P. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 39.29
Dividend & Yield0.20$ (0.74%)
Beta 2.06
Market capitalization 814.98M
Operating cash flow 506.34M
ESG Scores unknown

Company description

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters. It operates a fleet of 26 Panamax vessels, 24 Capesize vessels, four Ultra-Handymax vessels, 47 containerships, and 45 tankers. Olympos Maritime Ltd. serves as the general partner of Navios Maritime Partners L.P. The company was founded in 2007 and is based in Monaco.

Sector: Industrials - Industry: Marine Shipping

Financial Ratios
Quick Ratio0.52
Working Capital-3.05
Return On Equity0.29
Debt To Equity0.36
Fixed Asset Ratio0.03
Fixed Interest Cover6.88

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 2.72M -3.63M 19M
Total Cashflows From Investing Activities -17.03M -83.85M -106.25M -316.24M
Net Borrowings -61.69M -3.2M -223.88M
Total Cash From Financing Activities -84.41M -9.91M -32.2M -184.45M
Change To Operating Activities -12.15M 25.07M -115.71M
Issuance Of Stock 8k 2.28M 208.46M
Net Income -62.13M -68.54M 516.19M 579.25M
Change In Cash -31.05M 326k 138.72M 5.65M
Effect Of Exchange Rate
Total Cash From Operating Activities 70.39M 94.09M 277.17M 506.34M
Depreciation 53.63M 57.01M 3.88M 130.77M
Change To Account Receivables 4.65M -6.5M 344k
Other Cashflows From Financing Activities -4.69M -1.11M -12.16M -184.45M
Change To Netincome 65.85M 78.2M -166.41M -203.68M
Capital Expenditures -21.17M -72.42M -278.88M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax -62.13M -68.54M 511.27M 579.25M
Net Income -62.13M -68.54M 516.19M 579.25M
Selling General Administrative 89.17M 117.74M 232.91M 379.2M
Gross Profit 200.06M 205.41M 647.77M 1.03B
Ebit 52.65M 27.27M 294.34M 437.17M
Operating Income 52.65M 27.27M 294.34M 437.17M
Interest Expense -39.18M -24.16M -42.76M -83.09M
Income Tax Expense
Total Revenue 219.38M 226.77M 713.17M 1.21B
Cost Of Revenue 19.32M 21.36M 65.4M 179.38M
Total Other Income ExpenseNet -114.78M -95.81M 216.93M 142.08M
Net Income From Continuing Ops -62.13M -68.54M 511.27M 579.25M
Net Income Applicable To Common Shares -62.13M -68.54M 516.19M 579.25M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 525.5M 552.44M 1.85B 2.55B
Total Stockholder Equity 728.02M 654.83M 1.77B 2.34B
Other Current Liabilities 4.5M 39.16M 88.12M 226.65M
Total Assets 1.25B 1.21B 3.62B 4.9B
Common Stock 728.02M 654.83M 1.77B 2.34B
Other Current Assets 8.29M 12.61M 16.46M 135.33M
Retained Earnings
Treasury Stock
Cash 23.35M 19.3M 159.47M 175.1M
Total Current Liabilities 79.78M 253.25M 395.5M 226.65M
Other Stockholder Equity
Property, Plant, and Equipment 1.08B 1.05B 3.1B 3.78B
Total Current Assets 75.99M 60.78M 226.34M 310.42M
Net Tangible Assets 724.85M 652.83M 1.67B 2.34B
Net Receivables 38.06M 22.6M 29.34M
Accounts Payable 4.58M 2.68M 10.61M


Insider Transactions

Here are the insider transactions of stock shares related to Navios Maritime Partners L.P.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Navios Maritime Partners L.P.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Navios Maritime Partners L.P.

Here is the result of two systematic investment strategies applied to Navios Maritime Partners L.P.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Navios Maritime Partners L.P.

The following chart shows the equity curve of the two systematic investment strategies applied to Navios Maritime Partners L.P.:

Navios Maritime Partners L.P. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 120.43% on the backtest period.

Performance at glance

Performance

120.43 %

Latent gain

2717.06 $

Invested capital

2256.2 $

Annualized return

29.09 %
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Momentum strategy results on Navios Maritime Partners L.P.

This is the result of two momentum investment strategies applied to Navios Maritime Partners L.P.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Navios Maritime Partners L.P.

The following chart shows all the entries opened by the momentum investment system on Navios Maritime Partners L.P.:

Navios Maritime Partners L.P. momentum entries
  • The first momentum investment strategy would give 137.18% of return on Navios Maritime Partners L.P.. That represents 5098.35$ of latent gain with 3716.53$ of employed capital.
  • The second momentum investment strategy would give 123.6% of return on Navios Maritime Partners L.P.. That represents 2485.68$ of latent gain with 2011.1$ of employed capital.
Performance at glance (1Q Momentum)

Performance

137.18 %

Latent gain

5098.35 $

Invested capital

3716.53 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

123.6 %

Latent gain

2485.68 $

Invested capital

2011.1 $

Annualized return

33.77 %

Momentum equity curve on Navios Maritime Partners L.P.

The following chart shows the equity curve of the two momentum strategies applied to Navios Maritime Partners L.P.:

Navios Maritime Partners L.P. momentum equity

Note: the dividends potentially given by Navios Maritime Partners L.P. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Navios Maritime Partners L.P.

The following chart shows the employed capital evolution of the two momentum strategies on Navios Maritime Partners L.P. since the beginning:

Navios Maritime Partners L.P.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Navios Maritime Partners L.P.

Buy the dip entry openings on Navios Maritime Partners L.P.

Navios Maritime Partners L.P.

The performance achieved by the robo-advisor on Navios Maritime Partners L.P. is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Navios Maritime Partners L.P. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Navios Maritime Partners L.P., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Navios Maritime Partners L.P.

The following chart shows the result of the investment strategy applied to Navios Maritime Partners L.P.:

Navios Maritime Partners L.P.

Note: the dividends potentially given by Navios Maritime Partners L.P. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Navios Maritime Partners L.P.

The following chart shows the employed capital evolution since the beginning of the investment strategy on Navios Maritime Partners L.P.:

Navios Maritime Partners L.P.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Navios Maritime Partners L.P.

In this section, I will compare the three previous investment strategies applied to Navios Maritime Partners L.P..

Equity curve comparison on Navios Maritime Partners L.P.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Navios Maritime Partners L.P. investment strategy comparison

Employed capital comparison on Navios Maritime Partners L.P.

Navios Maritime Partners L.P. investment comparison

Performance comparison on Navios Maritime Partners L.P.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 120.43% 2717.06$ 2256.2$ 29.09%
Momentum 1 quarter 137.18% 5098.35$ 3716.53$ 35.17%
Momentum 2 quarters 123.6% 2485.68$ 2011.1$ 33.77%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

29.09 %

Momentum 1Q

33.77 %

Momentum 2Q

33.77 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Navios Maritime Partners L.P.:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between Navios Maritime Partners L.P. and the other stocks. There may be false positives or some missing correlated stocks. If the price of Navios Maritime Partners L.P. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Navios Maritime Partners L.P.
Country Monaco
City Monaco
Address 7 Avenue de Grande Bretagne
Phone 377 9798 2140
Website www.navios-mlp.com
FullTime employees
Industry Marine Shipping
Sector Industrials
Exchange XNYS
Ticker NMM
Market www.nyse.com

Navios Maritime Partners L.P. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown