Eurodry Financial Statements From 2010 to 2021

EDRY -  USA Stock  

USD 30.88  1.53  5.21%

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 sixty-eight 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 2021 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 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.

Search 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 13.5 M, Gross Profit of 9.9 M or Interest Expense of 2.6 M, as well as many exotic indicators such as Asset Turnover of 0.19, Book Value per Share of 15.34 or Current Ratio of 0.32. 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 Investing Opportunities.

Eurodry Revenues

23.44 MillionShare

Eurodry Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets118.8 M107.5 M98 M
Increasing
Slightly volatile
Cash and Equivalents5.8 M4.6 MM
Increasing
Slightly volatile
Deferred Revenue275.3 K246.1 K168.1 K
Increasing
Slightly volatile
Property Plant and Equipment Net105.7 M99.3 M79.5 M
Increasing
Slightly volatile
Inventory1.1 M1.4 M490.6 K
Increasing
Slightly volatile
Trade and Non Trade Receivables2.7 MM2.5 M
Increasing
Slightly volatile
Trade and Non Trade Payables4.9 M4.1 M15.9 M
Decreasing
Slightly volatile
Total Liabilities55.6 M57 M57.7 M
Increasing
Slightly volatile
Shareholders Equity39.5 M34.6 M34.2 M
Increasing
Slightly volatile
Current Assets7.9 M6.1 M5.4 M
Increasing
Slightly volatile
Assets Non Current110.9 M101.5 M92.6 M
Increasing
Slightly volatile
Current Liabilities16.1 M19.3 M6.7 M
Increasing
Slightly volatile
Liabilities Non Current41.1 M37.7 M51.2 M
Decreasing
Slightly volatile
Total Debt54.6 M51.1 M39.2 M
Increasing
Slightly volatile
Debt Current11.5 M13.8 M4.7 M
Increasing
Slightly volatile
Debt Non Current43 M37.3 M34.5 M
Increasing
Slightly volatile
Shareholders Equity USD39.5 M34.6 M34.2 M
Increasing
Slightly volatile
Cash and Equivalents USD5.8 M4.6 MM
Increasing
Slightly volatile
Total Debt USD54.6 M51.1 M39.2 M
Increasing
Slightly volatile

Eurodry Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues23.4 M22.3 M14.3 M
Increasing
Slightly volatile
Cost of Revenue13.5 M14.2 M7.7 M
Increasing
Slightly volatile
Selling General and Administrative Expense2.2 M2.3 M1.3 M
Increasing
Slightly volatile
Operating Expenses11.6 M10.9 M11.4 M
Decreasing
Slightly volatile
Interest Expense2.6 M2.3 M1.8 M
Increasing
Slightly volatile
Consolidated Income(6.3 M)(5.9 M)(6.8 M)
Increasing
Slightly volatile
Net Income(6.3 M)(5.9 M)(6.8 M)
Increasing
Slightly volatile
Preferred Dividends Income Statement Impact1.6 M1.6 M850.8 K
Increasing
Slightly volatile
Net Income Common Stock(8 M)(7.5 M)(7.2 M)
Increasing
Slightly volatile
Weighted Average Shares2.4 M2.3 M1.9 M
Increasing
Slightly volatile
Weighted Average Shares Diluted2.4 M2.3 M1.9 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT(3.6 M)(3.5 M)(5 M)
Increasing
Slightly volatile
Revenues USD23.4 M22.3 M14.3 M
Increasing
Slightly volatile
Net Income Common Stock USD(8 M)(7.5 M)(7.2 M)
Increasing
Slightly volatile
Earning Before Interest and Taxes USD(3.6 M)(3.5 M)(5 M)
Increasing
Slightly volatile
Gross Profit9.9 M8.1 M6.6 M
Increasing
Slightly volatile
Operating Income(2.8 M)(2.7 M)(4.9 M)
Increasing
Slightly volatile

Eurodry Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow from Financing(6.4 M)(6.2 M)12.9 M
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (5.7 M)(5.5 M)7.7 M
Decreasing
Slightly volatile
Net Cash Flow from Operations2.4 M2.3 M4.7 M
Increasing
Very volatile
Net Cash Flow or Change in Cash and Cash Equivalents(4.6 M)(4.5 M)85 K
Decreasing
Slightly volatile
Share Based Compensation239.1 K245.9 K159 K
Increasing
Slightly volatile
Depreciation Amortization and Accretion6.6 M6.6 M4.7 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share(3.54)(3.28)(4.2089)
Increasing
Slightly volatile
Earnings per Diluted Share(3.54)(3.28)(4.2089)
Increasing
Slightly volatile
Earnings per Basic Share USD(3.54)(3.28)(4.2089)
Increasing
Slightly volatile
Return on Average Equity(0.2)(0.195)(0.0176)
Decreasing
Slightly volatile
Return on Average Assets(0.0677)(0.066)(0.0061)
Decreasing
Slightly volatile
Return on Invested Capital(0.0256)(0.025)0.0152
Decreasing
Slightly volatile
Gross Margin0.390.3650.4514
Decreasing
Very volatile
Profit Margin(0.36)(0.334)(0.8088)
Increasing
Slightly volatile
EBITDA Margin0.140.135(0.2635)
Increasing
Slightly volatile
Return on Sales(0.17)(0.159)(0.6566)
Increasing
Slightly volatile
Asset Turnover0.190.1980.208
Decreasing
Stable
Enterprise Value over EBITDA16.8319.9297.8637
Increasing
Slightly volatile
Enterprise Value over EBIT(17.45)(17.0)8.6294
Decreasing
Slightly volatile
Price to Earnings Ratio(1.72)(1.671)24.7231
Decreasing
Slightly volatile
Sales per Share10.529.7977.1523
Increasing
Slightly volatile
Price to Sales Ratio0.570.5590.7346
Decreasing
Slightly volatile
Price to Book Value0.370.3650.4301
Decreasing
Slightly volatile
Debt to Equity Ratio1.571.6471.7222
Decreasing
Slightly volatile
Current Ratio0.320.3141.0987
Decreasing
Slightly volatile
Free Cash Flow per Share0.810.754(7.679)
Increasing
Slightly volatile
Book Value per Share15.3415.20818.0624
Decreasing
Slightly volatile
Tangible Assets Book Value per Share46.2547.25751.5481
Decreasing
Slightly volatile

Eurodry Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax(6.3 M)(5.9 M)(6.8 M)
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA4.5 MM(141.9 K)
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD4.5 MM(141.9 K)
Increasing
Slightly volatile
Market Capitalization13.6 M12.6 M18.2 M
Decreasing
Slightly volatile
Enterprise Value67.5 M60 M56.3 M
Increasing
Slightly volatile
Invested Capital151.5 M134.8 M126.5 M
Increasing
Slightly volatile
Average Equity42 M38.2 M34.7 M
Increasing
Slightly volatile
Average Assets122.9 M112.6 M100.6 M
Increasing
Slightly volatile
Invested Capital Average158.8 M144.3 M128.9 M
Increasing
Slightly volatile
Tangible Asset Value118.8 M107.5 M98 M
Increasing
Slightly volatile
Free Cash Flow1.8 M1.7 M(12.8 M)
Increasing
Slightly volatile
Working Capital(13.6 M)(13.2 M)(1.7 M)
Decreasing
Slightly volatile

Eurodry Fundamental Market Drivers

Short Percent Of Float0.63%
Forward Price Earnings2.31
Shares Short Prior Month6.95k
Average Daily Volume Last 10 Day53.35k
Average Daily Volume In Three Month38.07k
Date Short Interest31st of August 2021
Fifty Day Average28.54
Two Hundred Day Average20.79

Eurodry Upcoming Events

Upcoming Quarterly Report10th of November 2021
Next Earnings Report15th of February 2022
Next Fiscal Quarter End30th of September 2021
Next Fiscal Year End15th of February 2022
Last Quarter Report30th of June 2021
Last Earning Announcement30th of September 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 2021
Deferred Revenue246.1 K275.3 K
Cost of Revenue14.2 M13.5 M
Revenues22.3 M23.4 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, 2021, it operated a fleet of seven drybulk carriers comprising four Panamax drybulk carriers, one Ultramax drybulk carrier, and two Kamsarmax carriers with a cargo capacity of 528,931 deadweight tons. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece.

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.

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 Global Ship Lease. 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 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
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.