Eurodry Financial Statements From 2010 to 2022

EDRY
 Stock
  

USD 17.80  0.29  1.60%   

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-nine 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 138.53 Million in 2021. Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to rise to about 44.4 M in 2022, whereas Average Equity is likely to drop slightly above 52.8 M in 2022.
  
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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 Consolidated Income of 33.6 M, Cost of Revenue of 13.1 M or Earning Before Interest and Taxes EBIT of 36.1 M, as well as many exotic indicators such as Asset Turnover of 0.4, Book Value per Share of 27.85 or Current Ratio of 1.37. 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

69.53 Million

Share

Eurodry Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets152.3 M161.3 M105.4 M
Increasing
Slightly volatile
Cash and Equivalents31.9 M29.5 MM
Increasing
Slightly volatile
Deferred Revenue1.6 M1.5 M376.2 K
Increasing
Slightly volatile
Property Plant and Equipment Net124.6 M128.5 M84.7 M
Increasing
Slightly volatile
Inventory786.7 K770.3 K488.2 K
Increasing
Slightly volatile
Trade and Non Trade Receivables2.6 MM2.5 M
Increasing
Slightly volatile
Trade and Non Trade Payables1.1 M1.1 M14.5 M
Decreasing
Slightly volatile
Total Liabilities80.6 M82.4 M61.6 M
Increasing
Slightly volatile
Shareholders Equity66.9 M78.9 M39.7 M
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit11.8 M10.9 M(7.6 M)
Increasing
Slightly volatile
Current Assets32.8 M30.4 M9.3 M
Increasing
Slightly volatile
Assets Non Current129.4 M130.9 M96.9 M
Increasing
Slightly volatile
Current Liabilities16 M17.7 M7.5 M
Increasing
Slightly volatile
Liabilities Non Current56.3 M64.7 M53.4 M
Increasing
Very volatile
Total Debt72 M78.7 M43.6 M
Increasing
Slightly volatile
Debt Current12.2 M13.9 M5.4 M
Increasing
Slightly volatile
Debt Non Current59.8 M64.7 M38.2 M
Increasing
Slightly volatile
Shareholders Equity USD66.9 M78.9 M39.7 M
Increasing
Slightly volatile
Cash and Equivalents USD31.9 M29.5 MM
Increasing
Slightly volatile
Total Debt USD72 M78.7 M43.6 M
Increasing
Slightly volatile

Eurodry Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues69.5 M64.4 M21.7 M
Increasing
Slightly volatile
Cost of Revenue13.1 M12.9 M8.1 M
Increasing
Slightly volatile
Selling General and Administrative Expense2.5 M2.6 M1.4 M
Increasing
Slightly volatile
Operating Expenses12.8 M12.6 M11.6 M
Decreasing
Stable
Interest Expense2.6 M2.3 M1.8 M
Increasing
Slightly volatile
Consolidated Income33.6 M31.2 M(778 K)
Increasing
Slightly volatile
Net Income33.6 M31.2 M(778 K)
Increasing
Slightly volatile
Preferred Dividends Income Statement Impact1.8 M1.8 M931.7 K
Increasing
Slightly volatile
Net Income Common Stock31.7 M29.4 M(1.4 M)
Increasing
Slightly volatile
Weighted Average Shares2.6 M2.5 MM
Increasing
Slightly volatile
Weighted Average Shares Diluted2.6 M2.5 MM
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT36.1 M33.5 MM
Increasing
Slightly volatile
Revenues USD69.5 M64.4 M21.7 M
Increasing
Slightly volatile
Net Income Common Stock USD31.7 M29.4 M(1.4 M)
Increasing
Slightly volatile
Earning Before Interest and Taxes USD36.1 M33.5 MM
Increasing
Slightly volatile
Gross Profit55.6 M51.5 M13.6 M
Increasing
Slightly volatile
Operating Income42 M38.9 M1.9 M
Increasing
Slightly volatile

Eurodry Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow from Financing24.4 M22.6 M16.1 M
Decreasing
Stable
Issuance Repayment of Debt Securities 33 M30.5 M12.4 M
Increasing
Stable
Net Cash Flow from Operations42.2 M39.1 M10.4 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents26.9 M24.9 M4.4 M
Increasing
Slightly volatile
Share Based Compensation237 K230.6 K164.3 K
Increasing
Slightly volatile
Depreciation Amortization and Accretion7.4 M7.7 MM
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share12.5511.63(1.7533)
Increasing
Slightly volatile
Earnings per Diluted Share12.4511.54(1.7675)
Increasing
Slightly volatile
Earnings per Basic Share USD12.5511.63(1.7533)
Increasing
Slightly volatile
Return on Average Equity0.570.530.0832
Increasing
Slightly volatile
Return on Average Assets0.230.2120.0333
Increasing
Slightly volatile
Return on Invested Capital0.220.1990.0479
Increasing
Slightly volatile
Gross Margin0.730.80.5039
Increasing
Slightly volatile
Profit Margin0.490.456(0.646)
Increasing
Slightly volatile
EBITDA Margin0.690.639(0.1518)
Increasing
Slightly volatile
Return on Sales0.560.52(0.5094)
Increasing
Slightly volatile
Asset Turnover0.40.4650.244
Increasing
Slightly volatile
Enterprise Value over EBITDA2.612.5467.2642
Increasing
Very volatile
Enterprise Value over EBIT3.793.011.753
Decreasing
Slightly volatile
Price to Earnings Ratio1.681.63723.2087
Decreasing
Slightly volatile
Sales per Share20.3525.4869.318
Increasing
Slightly volatile
Price to Sales Ratio0.680.7470.7436
Decreasing
Slightly volatile
Price to Book Value0.640.6860.4708
Increasing
Slightly volatile
Debt to Equity Ratio1.211.0441.6424
Decreasing
Slightly volatile
Current Ratio1.371.7171.2265
Decreasing
Stable
Free Cash Flow per Share0.990.916(7.0044)
Increasing
Slightly volatile
Book Value per Share27.8531.21320.0361
Increasing
Slightly volatile
Tangible Assets Book Value per Share64.2363.80653.874
Increasing
Slightly volatile

Eurodry Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax33.6 M31.2 M(778 K)
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA44.4 M41.1 M6.1 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD44.4 M41.1 M6.1 M
Increasing
Slightly volatile
Market Capitalization43.5 M54.2 M23.3 M
Increasing
Slightly volatile
Enterprise Value98.2 M104.8 M70.8 M
Increasing
Slightly volatile
Invested Capital187.2 M192.8 M134.3 M
Increasing
Slightly volatile
Average Equity52.8 M55.5 M37 M
Increasing
Slightly volatile
Average Assets139.4 M138.5 M104.4 M
Increasing
Slightly volatile
Invested Capital Average173.6 M167.9 M132.7 M
Increasing
Slightly volatile
Tangible Asset Value152.3 M161.3 M105.4 M
Increasing
Slightly volatile
Free Cash Flow2.5 M2.3 M(11.6 M)
Increasing
Slightly volatile
Working Capital13.7 M12.7 M1.5 M
Increasing
Stable

Eurodry Fundamental Market Drivers

Short Percent Of Float4.06%
Forward Price Earnings1.01
Shares Short Prior Month36.41k
Average Daily Volume Last 10 Day36.08k
Average Daily Volume In Three Month67.59k
Date Short Interest29th of April 2022
Fifty Day Average28.90
Two Hundred Day Average26.23

Eurodry Upcoming Events

Upcoming Quarterly Report15th of February 2022
Next Financial 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 Financial 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 Revenue1.5 M1.6 M
Cost of Revenue12.9 M13.1 M
Revenues64.4 M69.5 M
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2022, it operated a fleet of ten drybulk carriers comprising five Panamax drybulk carriers, two Ultramax drybulk carrier, two Kamsarmax carriers, and one Supramax drybulk carrier with a cargo capacity of 726,555 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.

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Our tools can tell you how much better you can do entering a position in Eurodry without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Eurodry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eurodry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eurodry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eurodry to buy it.
The correlation of Eurodry is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eurodry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eurodry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eurodry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.
Quarterly Earnings Growth YOY
18.16
Market Capitalization
52 M
Quarterly Revenue Growth YOY
1.13
Return On Assets
0.21
Return On Equity
0.59
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.