Euroseas Total Assets from 2010 to 2024

ESEA Stock  USD 33.03  1.25  3.65%   
Euroseas' Total Assets are increasing over the years with slightly volatile fluctuation. Total Assets are expected to dwindle to about 219.4 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2004-12-31
Previous Quarter
408.9 M
Current Value
424.7 M
Quarterly Volatility
106.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Euroseas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euroseas main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 6.8 M or Total Revenue of 198.8 M, as well as many exotic indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.092 or PTB Ratio of 0.77. Euroseas financial statements analysis is a perfect complement when working with Euroseas Valuation or Volatility modules.
  
This module can also supplement various Euroseas Technical models . Check out the analysis of Euroseas Correlation against competitors.
For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.

Latest Euroseas' Total Assets Growth Pattern

Below is the plot of the Total Assets of Euroseas over the last few years. Total assets refers to the total amount of Euroseas assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Euroseas books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Euroseas' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Euroseas' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 424.67 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Euroseas Total Assets Regression Statistics

Arithmetic Mean196,615,338
Geometric Mean171,172,303
Coefficient Of Variation51.55
Mean Deviation78,520,622
Median172,756,963
Standard Deviation101,357,672
Sample Variance10273.4T
Range374.4M
R-Value0.32
Mean Square Error9900.8T
R-Squared0.11
Significance0.24
Slope7,347,583
Total Sum of Squares143827.3T

Euroseas Total Assets History

2024219.4 M
2023424.7 M
2022328.6 M
2021221.5 M
2020110.6 M
2019126.9 M
201867 M

Other Fundumenentals of Euroseas

Euroseas Total Assets component correlations

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0.930.460.810.310.530.060.610.40.20.650.140.440.790.720.00.620.1-0.130.55-0.24-0.2
0.750.460.59-0.330.650.820.180.790.750.38-0.090.840.670.410.560.430.81-0.390.71-0.68-0.84
0.850.810.590.060.850.20.670.450.340.590.060.560.670.790.190.750.26-0.580.84-0.51-0.58
0.090.31-0.330.06-0.33-0.460.11-0.39-0.250.32-0.26-0.160.230.14-0.780.07-0.470.3-0.310.470.53
0.660.530.650.85-0.330.310.650.570.280.25-0.010.570.40.740.440.780.48-0.740.96-0.76-0.78
0.380.060.820.2-0.460.31-0.320.740.870.16-0.030.60.38-0.070.67-0.020.78-0.20.39-0.58-0.71
0.530.610.180.670.110.65-0.32-0.04-0.150.28-0.140.210.420.8-0.250.90.01-0.390.59-0.27-0.23
0.620.40.790.45-0.390.570.74-0.040.510.310.160.670.360.260.760.20.66-0.290.61-0.72-0.64
0.450.20.750.34-0.250.280.87-0.150.510.25-0.180.410.53-0.040.430.070.6-0.220.35-0.35-0.6
0.640.650.380.590.320.250.160.280.310.25-0.010.540.70.37-0.070.410.13-0.150.27-0.26-0.19
0.070.14-0.090.06-0.26-0.01-0.03-0.140.16-0.18-0.010.03-0.160.110.3-0.19-0.240.210.070.030.08
0.670.440.840.56-0.160.570.60.210.670.410.540.030.650.560.330.480.68-0.280.66-0.71-0.74
0.860.790.670.670.230.40.380.420.360.530.7-0.160.650.53-0.030.540.41-0.150.46-0.33-0.41
0.710.720.410.790.140.74-0.070.80.26-0.040.370.110.560.53-0.110.860.11-0.270.8-0.42-0.4
0.230.00.560.19-0.780.440.67-0.250.760.43-0.070.30.33-0.03-0.11-0.120.62-0.40.43-0.56-0.62
0.630.620.430.750.070.78-0.020.90.20.070.41-0.190.480.540.86-0.120.27-0.50.76-0.53-0.5
0.410.10.810.26-0.470.480.780.010.660.60.13-0.240.680.410.110.620.27-0.440.51-0.77-0.84
-0.26-0.13-0.39-0.580.3-0.74-0.2-0.39-0.29-0.22-0.150.21-0.28-0.15-0.27-0.4-0.5-0.44-0.590.620.68
0.70.550.710.84-0.310.960.390.590.610.350.270.070.660.460.80.430.760.51-0.59-0.74-0.81
-0.46-0.24-0.68-0.510.47-0.76-0.58-0.27-0.72-0.35-0.260.03-0.71-0.33-0.42-0.56-0.53-0.770.62-0.740.85
-0.49-0.2-0.84-0.580.53-0.78-0.71-0.23-0.64-0.6-0.190.08-0.74-0.41-0.4-0.62-0.5-0.840.68-0.810.85
Click cells to compare fundamentals

About Euroseas Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Euroseas income statement, its balance sheet, and the statement of cash flows. Euroseas investors use historical funamental indicators, such as Euroseas's Total Assets, to determine how well the company is positioned to perform in the future. Although Euroseas investors may use each financial statement separately, they are all related. The changes in Euroseas's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Euroseas'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 Euroseas Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Euroseas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets424.7 M219.4 M
Intangibles To Total Assets 0.00  0.00 

Pair Trading with Euroseas

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 Euroseas 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 Euroseas will appreciate offsetting losses from the drop in the long position's value.

Moving against Euroseas Stock

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The ability to find closely correlated positions to Euroseas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euroseas 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 Euroseas - 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 Euroseas to buy it.
The correlation of Euroseas is a statistical measure of how it moves in relation to other instruments. 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 Euroseas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euroseas 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 Euroseas 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
When determining whether Euroseas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euroseas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Euroseas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euroseas Stock:
Check out the analysis of Euroseas Correlation against competitors.
For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.
Note that the Euroseas information on this page should be used as a complementary analysis to other Euroseas' 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 the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Euroseas' price analysis, check to measure Euroseas' 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 Euroseas is operating at the current time. Most of Euroseas' value examination focuses on studying past and present price action to predict the probability of Euroseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euroseas' price. Additionally, you may evaluate how the addition of Euroseas to your portfolios can decrease your overall portfolio volatility.
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Is Euroseas' 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 Euroseas. If investors know Euroseas 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 Euroseas 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
0.24
Dividend Share
2.1
Earnings Share
16.52
Revenue Per Share
27.319
Quarterly Revenue Growth
0.144
The market value of Euroseas is measured differently than its book value, which is the value of Euroseas that is recorded on the company's balance sheet. Investors also form their own opinion of Euroseas' value that differs from its market value or its book value, called intrinsic value, which is Euroseas' 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 Euroseas' market value can be influenced by many factors that don't directly affect Euroseas' 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 Euroseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Euroseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euroseas' 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.