Eurodry Financial Statements From 2010 to 2022

EDRY -  USA Stock  

USD 19.68  0.99  5.30%

Eurodry financial statements provide useful quarterly and yearly information to potential Eurodry investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Eurodry financial statements helps investors assess Eurodry's valuation, profitability, and current liquidity needs.
We have found seventy-seven available fundamental signals for Eurodry, which can be analyzed and compared to other ratios and to its rivals. Make sure you verify all of Eurodry prevailing market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Eurodry Average Assets are fairly stable at the moment as compared to the past year. Eurodry reported Average Assets of 125.81 Million in 2021. Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to rise to about 4.7 M in 2022, whereas Earnings before Tax are likely to drop (6.9 M) in 2022.

Eurodry Financial Statements 

 
Refresh
Check Eurodry financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eurodry main balance sheet or income statement drivers, such as Cost of Revenue of 14.7 M, Gross Profit of 10.5 M or Interest Expense of 2.8 M, as well as many exotic indicators such as Asset Turnover of 0.18, Book Value per Share of 14.54 or Current Ratio of 0.29. Eurodry financial statements analysis is a perfect complement when working with Eurodry Valuation or Volatility modules. It can also supplement various Eurodry Technical models. Continue to the analysis of Eurodry Correlation against competitors.

Eurodry Revenues

25.2 MillionShare

Eurodry Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets127.3 M123.6 M100.6 M
Increasing
Slightly volatile
Cash and Equivalents6.1 M5.3 M4.2 M
Increasing
Slightly volatile
Deferred Revenue294.7 K283 K178.4 K
Increasing
Slightly volatile
Property Plant and Equipment Net113.6 M114.2 M82.8 M
Increasing
Slightly volatile
Inventory1.7 M1.6 M623.2 K
Increasing
Slightly volatile
Trade and Non Trade Receivables2.6 M1.8 M2.5 M
Increasing
Slightly volatile
Trade and Non Trade Payables4.7 M3.7 M15 M
Decreasing
Slightly volatile
Total Liabilities52.6 M51.3 M57 M
Increasing
Very volatile
Shareholders Equity42.2 M39.8 M34.8 M
Increasing
Slightly volatile
Current Assets8.4 MM5.6 M
Increasing
Slightly volatile
Assets Non Current118.9 M116.7 M95 M
Increasing
Slightly volatile
Current Liabilities17.6 M22.1 MM
Increasing
Slightly volatile
Liabilities Non Current39.1 M33.9 M49.7 M
Decreasing
Slightly volatile
Total Debt58.6 M58.8 M41 M
Increasing
Slightly volatile
Debt Current12.6 M15.9 M5.6 M
Increasing
Slightly volatile
Debt Non Current46 M42.9 M35.4 M
Increasing
Slightly volatile
Shareholders Equity USD42.2 M39.8 M34.8 M
Increasing
Slightly volatile
Cash and Equivalents USD6.1 M5.3 M4.2 M
Increasing
Slightly volatile
Total Debt USD58.6 M58.8 M41 M
Increasing
Slightly volatile

Eurodry Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues25.2 M25.6 M15.3 M
Increasing
Slightly volatile
Cost of Revenue14.7 M16.3 M8.5 M
Increasing
Slightly volatile
Selling General and Administrative Expense2.4 M2.6 M1.4 M
Increasing
Slightly volatile
Operating Expenses12.4 M12.5 M11.6 M
Decreasing
Stable
Interest Expense2.8 M2.7 M1.9 M
Increasing
Slightly volatile
Consolidated Income(6.9 M)(6.8 M)(6.8 M)
Increasing
Slightly volatile
Net Income(6.9 M)(6.8 M)(6.8 M)
Increasing
Slightly volatile
Preferred Dividends Income Statement Impact1.7 M1.8 M934.2 K
Increasing
Slightly volatile
Net Income Common Stock(8.8 M)(8.6 M)(7.4 M)
Increasing
Slightly volatile
Weighted Average Shares2.6 M2.6 MM
Increasing
Slightly volatile
Weighted Average Shares Diluted2.6 M2.6 MM
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT(4.2 M)(4.1 M)(5 M)
Increasing
Slightly volatile
Revenues USD25.2 M25.6 M15.3 M
Increasing
Slightly volatile
Net Income Common Stock USD(8.8 M)(8.6 M)(7.4 M)
Increasing
Slightly volatile
Earning Before Interest and Taxes USD(4.2 M)(4.1 M)(5 M)
Increasing
Slightly volatile
Gross Profit10.5 M9.3 M6.9 M
Increasing
Slightly volatile
Operating Income(3.2 M)(3.2 M)(4.8 M)
Increasing
Slightly volatile

Eurodry Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow from Financing(5.8 M)(5.6 M)11.6 M
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (5.1 M)(5 M)6.7 M
Decreasing
Slightly volatile
Net Cash Flow from Operations2.7 M2.7 M4.6 M
Increasing
Very volatile
Net Cash Flow or Change in Cash and Cash Equivalents(4.2 M)(4.1 M)(199 K)
Decreasing
Slightly volatile
Share Based Compensation258.5 K282.8 K170 K
Increasing
Slightly volatile
Depreciation Amortization and Accretion7.1 M7.5 MM
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share(4.07)(3.77)(4.216)
Increasing
Slightly volatile
Earnings per Diluted Share(4.07)(3.77)(4.216)
Increasing
Slightly volatile
Earnings per Basic Share USD(4.07)(3.77)(4.216)
Increasing
Slightly volatile
Return on Average Equity(0.19)(0.19)(0.0313)
Decreasing
Slightly volatile
Return on Average Assets(0.0628)(0.0612)(0.0101)
Decreasing
Slightly volatile
Return on Invested Capital(0.0231)(0.0225)0.0125
Decreasing
Slightly volatile
Gross Margin0.370.330.4407
Decreasing
Stable
Profit Margin(0.41)(0.38)(0.7797)
Increasing
Slightly volatile
EBITDA Margin0.150.16(0.2299)
Increasing
Slightly volatile
Return on Sales(0.19)(0.18)(0.6216)
Increasing
Slightly volatile
Asset Turnover0.180.180.2057
Decreasing
Slightly volatile
Enterprise Value over EBITDA18.7423.210.0932
Increasing
Slightly volatile
Enterprise Value over EBIT(15.7)(15.3)8.8462
Decreasing
Slightly volatile
Price to Earnings Ratio(1.54)(1.5)22.7193
Decreasing
Slightly volatile
Sales per Share11.311.277.5287
Increasing
Slightly volatile
Price to Sales Ratio0.540.50.7142
Decreasing
Slightly volatile
Price to Book Value0.370.330.4224
Decreasing
Slightly volatile
Debt to Equity Ratio1.481.481.6968
Decreasing
Slightly volatile
Current Ratio0.290.281.0331
Decreasing
Slightly volatile
Free Cash Flow per Share0.940.87(7.0119)
Increasing
Slightly volatile
Book Value per Share14.5413.6917.6646
Decreasing
Slightly volatile
Tangible Assets Book Value per Share43.7642.5350.663
Decreasing
Slightly volatile

Eurodry Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax(6.9 M)(6.8 M)(6.8 M)
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA4.7 M3.5 M153.6 K
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD4.7 M3.5 M153.6 K
Increasing
Slightly volatile
Market Capitalization13 M11.4 M17.6 M
Decreasing
Slightly volatile
Enterprise Value55.9 M54.6 M63.7 M
Decreasing
Slightly volatile
Invested Capital162.1 M155 M129.5 M
Increasing
Slightly volatile
Average Equity43.3 M41.4 M35.1 M
Increasing
Slightly volatile
Average Assets129.2 M125.8 M102.7 M
Increasing
Slightly volatile
Invested Capital Average169.6 M166 M132.2 M
Increasing
Slightly volatile
Tangible Asset Value127.3 M123.6 M100.6 M
Increasing
Slightly volatile
Free Cash Flow2.1 MM(11.7 M)
Increasing
Slightly volatile
Working Capital(12.2 M)(11.9 M)(2.3 M)
Decreasing
Slightly volatile

Eurodry Fundamental Market Drivers

Short Percent Of Float1.54%
Forward Price Earnings1.17
Shares Short Prior Month25.42k
Average Daily Volume Last 10 Day26.46k
Average Daily Volume In Three Month44.57k
Date Short Interest15th of December 2021
Fifty Day Average20.83
Two Hundred Day Average22.78

Eurodry Upcoming Events

Upcoming Quarterly Report15th of February 2022
Next Earnings Report19th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End15th of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

About Eurodry Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Eurodry income statement, its balance sheet, and the statement of cash flows. Eurodry investors use historical funamental indicators, such as Eurodry's revenue or net income, to determine how well the company is positioned to perform in the future. Although Eurodry investors may use each financial statement separately, they are all related. The changes in Eurodry's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eurodry's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Eurodry Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Eurodry. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue283 K294.7 K
Cost of Revenue16.3 M14.7 M
Revenues25.6 M25.2 M
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece. Eurodry operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange.

Eurodry Investors Sentiment

The influence of Eurodry's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Eurodry. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eurodry in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eurodry's short interest history, or implied volatility extrapolated from Eurodry options trading.

Current Sentiment - EDRY

Eurodry Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Eurodry. What is your opinion about investing in Eurodry? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Pair Trading with Eurodry

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eurodry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eurodry will appreciate offsetting losses from the drop in the long position's value.

Eurodry Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Eurodry and International Seaways. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to the analysis of Eurodry Correlation against competitors. Note that the Eurodry information on this page should be used as a complementary analysis to other Eurodry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Eurodry Stock analysis

When running Eurodry price analysis, check to measure Eurodry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eurodry is operating at the current time. Most of Eurodry's value examination focuses on studying past and present price action to predict the probability of Eurodry's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eurodry's price. Additionally, you may evaluate how the addition of Eurodry to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Is Eurodry's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eurodry. If investors know Eurodry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eurodry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eurodry is measured differently than its book value, which is the value of Eurodry that is recorded on the company's balance sheet. Investors also form their own opinion of Eurodry's value that differs from its market value or its book value, called intrinsic value, which is Eurodry's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eurodry's market value can be influenced by many factors that don't directly affect Eurodry's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eurodry's value and its price as these two are different measures arrived at by different means. Investors typically determine Eurodry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eurodry's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.