Eurodry Stock Financials

EDRY
 Stock
  

USD 17.80  0.29  1.60%   

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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With this module, you can analyze Eurodry financials for your investing period. You should be able to track the changes in Eurodry individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Eurodry Most Recent Estimates

Quarterly Earnings Growth YOY
18.16
Diluted Eps
14.2
EPS Estimate Current Year
16.02
EPS Estimate Next Year
15.82
EPS Estimate Current Quarter
3.03
Earnings Share
14.2

Revenues

69.53 Million

Share
Understanding current and past Eurodry Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eurodry's financial statements are interrelated, with each one affecting the others. For example, an increase in Eurodry's assets may result in an increase in income on the income statement.
The fundamental analysis of Eurodry is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Eurodry includes many different criteria found on its balance sheet. For example, investors should never minimize Eurodry's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Eurodry's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Eurodry.

Eurodry Cash

Chance Of Financial Distress
Over 51
Eurodry has more than 51 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Eurodry stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Eurodry's official financial statements usually reflect Eurodry's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Eurodry. For example, before you start analyzing numbers published by Eurodry accountants, it's critical to develop an understanding of what Eurodry's liquidity, profitability, and earnings quality are in the context of the Industrials space in which it operates.
Please note, the presentation of Eurodry's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Eurodry's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Eurodry's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Eurodry. Please utilize our Beneish M Score to check the likelihood of Eurodry's management to manipulate its earnings.

Eurodry Company Summary

Eurodry competes with Verizon Communications, International Business, Intel Corp, Travelers Companies, and ATT. 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.
Specialization
Industrials, Marine Shipping
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CUSIPY23508107
LocationGreece
Business Address4 Messogiou Evropis
SectorIndustrials
IndustryMarine Shipping
BenchmarkDOW
Websitewww.eurodry.gr
Phone30 211 18 04 005
CurrencyUSD - US Dollar
You should never invest in Eurodry without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Eurodry Stock, because this is throwing your money away. Analyzing the key information contained in Eurodry's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Eurodry Key Financial Ratios

Generally speaking, Eurodry's financial ratios allow both analysts and investors to convert raw data from Eurodry's financial statements into concise, actionable information that can be used to evaluate the performance of Eurodry over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Eurodry reports annually and quarterly.

Eurodry Key Balance Sheet Accounts

201720182019202020212022 (projected)
Total Assets97.45 M127.71 M117.69 M107.51 M161.33 M152.3 M
Current Assets7.62 M14.47 M9.58 M6.06 M30.41 M32.81 M
Assets Non Current89.83 M113.24 M108.11 M101.46 M130.92 M129.45 M
Cash and Equivalents4.9 M7.75 M9.13 M4.61 M29.53 M31.86 M
Total Debt38.33 M63.36 M56.5 M51.11 M78.65 M72.03 M
Debt Current7.97 M6.93 M6.81 M13.79 M13.95 M12.24 M
Debt Non Current30.36 M56.43 M49.69 M37.32 M64.7 M59.79 M
Deferred Revenue289.74 K196.23 K445.82 K246.12 K1.51 M1.63 M
Shareholders Equity32.86 M43.54 M41.81 M34.6 M78.92 M66.9 M
Inventory452.19 K566.95 K508.71 K1.39 M770.34 K786.74 K
Total Liabilities64.59 M65.41 M61.16 M56.97 M82.41 M80.63 M
Current Liabilities9.64 M8.98 M11.17 M19.26 M17.71 M15.97 M

Eurodry Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Eurodry's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Consolidated Income849.7 K1.12 M16.5 K(5.88 M)31.15 M33.61 M
Cost of Revenue9.42 M11.06 M13.56 M14.16 M12.91 M13.11 M
Gross Profit9.74 M13.46 M13.68 M8.13 M51.54 M55.6 M
Interest Expense1.82 M2.91 M3.51 M2.33 M2.34 M2.59 M
Net Income849.7 K1.12 M16.5 K(5.88 M)31.15 M33.61 M
Operating Expenses7.11 M9.47 M10.68 M10.87 M12.65 M12.76 M
Operating Income2.63 M3.99 M3.01 M(2.74 M)38.89 M41.96 M
Revenues19.16 M24.52 M27.24 M22.29 M64.44 M69.53 M

Eurodry Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Eurodry. It measures of how well Eurodry is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Eurodry brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Eurodry had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Eurodry has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(9.64 M)(29.05 M)(1.11 M)(611.11 K)(36.82 M)(37.79 M)
Depreciation Amortization and Accretion4.79 M5.42 M6.46 M6.56 M7.66 M7.38 M
Net Cash Flow or Change in Cash and Cash Equivalents2.56 M2.85 M1.37 M(4.52 M)24.92 M26.89 M
Issuance Repayment of Debt Securities9.01 M24.63 M(7.02 M)(5.52 M)30.54 M32.95 M
Net Cash Flow from Financing9.28 M27.93 M(12.63 M)(6.24 M)22.61 M24.39 M
Net Cash Flow from Investing(9.64 M)(29.05 M)(1.11 M)(611.11 K)(36.82 M)(37.79 M)
Net Cash Flow from Operations2.91 M3.97 M15.11 M2.33 M39.14 M42.23 M

Eurodry Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Eurodry's current stock value. Our valuation model uses many indicators to compare Eurodry value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eurodry competition to find correlations between indicators driving Eurodry's intrinsic value. More Info.
Eurodry is one of the top stocks in debt to equity category among related companies. It is one of the top stocks in price to book category among related companies fabricating about  0.80  of Price to Book per Debt to Equity. The ratio of Debt to Equity to Price to Book for Eurodry is roughly  1.24 . Price to Book Value is likely to drop to 0.64 in 2022. Comparative valuation analysis is a catch-all model that can be used if you cannot value Eurodry by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eurodry's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Eurodry's earnings, one of the primary drivers of an investment's value.

Eurodry Systematic Risk

Eurodry's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eurodry volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was five with a total number of output elements of fifty-six. The Beta measures systematic risk based on how returns on Eurodry correlated with the market. If Beta is less than 0 Eurodry generally moves in the opposite direction as compared to the market. If Eurodry Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eurodry is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eurodry is generally in the same direction as the market. If Beta > 1 Eurodry moves generally in the same direction as, but more than the movement of the benchmark.
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About Eurodry Financials

What exactly are Eurodry Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Eurodry's income statement, its balance sheet, and the statement of cash flows. Potential Eurodry investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Eurodry is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Eurodry grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Eurodry July 2, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Eurodry help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eurodry. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eurodry based on widely used predictive technical indicators. In general, we focus on analyzing Eurodry Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eurodry's daily price indicators and compare them against related drivers.
Information Ratio(0.1)
Maximum Drawdown35.61
Value At Risk(9.10)
Potential Upside7.2
Continue to Investing Opportunities. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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.