Added to YB: 2025-05-29
Pitch date: 2025-05-28
NMM [neutral]
Navios Maritime Partners L.P.
+28.9%
current return
Author Info
No bio for this author
Company Info
Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia.
Market Cap
$1.6B
Pitch Price
$39.29
Price Target
N/A
Dividend
0.38%
EV/EBITDA
5.51
P/E
5.13
EV/Sales
2.77
Sector
Marine Transportation
Category
N/A
Navios Maritime (NMM) Shows Financial Resilience with No Defaults and Staggered Debt Maturities
NMM (overview): Shipping co with $2.13B debt (37% LTV), well-structured: 30% fixed (5.5%), 70% floating (7.1%), all secured by vessels. Strong liquidity ($343M cash/credit) easily covers $200M near-term maturities. 4.0x EBITDA/Interest vs 2.0x covenant. $1B+ future obligations for newbuilds through 2028, pre-financed via sale-leasebacks & ECA loans.
Read full article (4 min)