Eurodry Stock Financials

EDRY -  USA Stock  

USD 22.35  0.41  1.80%

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. Because of this, it is necessary to analyze all of Eurodry's financials over time to get the whole picture. Eurodry Average Assets are fairly stable at the moment as compared to the past year. Eurodry reported Average Assets of 112.6 Million in 2020. Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to rise to about 4.5 M in 2021, whereas Earnings before Tax are likely to drop (6.3 M) in 2021.
Use fundamental data analysis to check all available reported financial drivers of Eurodry to find out if markets are presently mispricing the company. We were able to interpolate data for thirty-four available fundamental indicators for Eurodry, which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all Eurodry financials, including its total debt, and the relationship between the revenue and earnings per share . Given that Eurodry has a number of shares shorted of 7.68 K, we urge you to verify Eurodry prevailing market performance to make sure the company can sustain itself down the road. Use Eurodry to protect your portfolios against small market fluctuations. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Eurodry to be traded at $21.68 in 90 days.

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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.
  Chance Of Financial Distress
Less than 43
Eurodry has less than 43 (%) 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 Genco Shipping. 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.
Industrials, Marine Shipping
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
Business Address4 Messogiou Evropis
IndustryMarine Shipping
Phone30 211 18 04 005
CurrencyUSD - US Dollar

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 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 rated # 2 in cash flow from operations category among related companies. It is one of the top stocks in debt to equity category among related companies . The ratio of Cash Flow from Operations to Debt to Equity for Eurodry is about  2,273,171 . Average Equity is likely to rise to about 42 M in 2021, whereas Debt to Equity Ratio is likely to drop 1.57 in 2021.

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 thirty with a total number of output elements of thirty-one. 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. View also all equity analysis or get more info about beta statistic functions indicator.

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.
 2018 2019 2020 2021 (projected)
Current Assets14.47 M9.58 M6.06 M7.88 M
Total Assets127.71 M117.69 M107.51 M118.77 M

Eurodry Thematic Clasifications

Eurodry is part of Transportation investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Transportation industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions
Transportation Idea
This theme covers USA Equities from Transportation industry as classified by Fama & French. Fama and French focuses on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Eurodry August 1, 2021 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.
Downside Deviation5.45
Information Ratio0.157
Maximum Drawdown42.09
Value At Risk(7.63)
Potential Upside15.02
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.
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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 underlying business (such as 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.