Navios Maritime Partners L.P.(US:NMM)2022-02-18 17:31Financial Performance & Contracted Revenue - Navios Maritime Partners reported Q4 2021 revenue of $268.1 million and full year 2021 revenue of $713.2 million[25] - Adjusted EBITDA for Q4 2021 was $156.6 million and $426.5 million for the full year 2021[25] - The company has secured $2.7 billion in contracted revenue[10, 40] - In 2022, contracted revenue exceeds total expenses by $49.3 million[27, 28] Fleet & Diversification - The company's fleet consists of 54 dry bulk vessels, 47 containerships, and 45 tankers[8] - The carrying value of the fleet is $5.181 billion, with net vessel equity of $3.496 billion[10] - The company's diversification strategy aims to optimize chartering, capture cyclical opportunities, and counter segment-specific volatility[11] - The company has invested approximately $1.0 billion in a newbuilding program for 18 vessels[14] Balance Sheet & Debt - The company's LTV (Loan-to-Value) ratio is 32.5% as of Q4 2021[10, 24, 26] - The company has a cash balance of approximately $170 million as of December 31, 2021[26] - The company's net debt to book capitalization ratio is 38.1%[50, 53]