Eurodry Cash Flow from Operations

EDRY -  USA Stock  

USD 30.75  0.30  0.99%

Eurodry fundamentals help investors to digest information that contributes to Eurodry's financial success or failures. It also enables traders to predict the movement of Eurodry Stock. This fundamental analysis module provides a way for investors to measures Eurodry's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eurodry stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eurodry Cash Flow from Operations 

 
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Net Cash Flow from Operations is likely to rise to about 2.4 M in 2021. Free Cash Flow is likely to rise to about 1.8 M in 2021.

Eurodry Cash Flow from Operations Analysis

Eurodry's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
 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
Operating Cash Flow 
 = 
EBITDA 
-  
Taxes 
More About Cash Flow from Operations | All Equity Analysis

Current Eurodry Cash Flow from Operations

    
  12.55 M  
Most of Eurodry's fundamental indicators, such as Cash Flow from Operations, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Eurodry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Eurodry Cash Flow from Operations Driver Correlations

Understanding the fundamental principles of building solid financial models for Eurodry is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Cash Flow from Operations. Since Eurodry's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Eurodry's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Eurodry's interrelated accounts and indicators.

Eurodry Cash Flow from Operations Historical Pattern

Today, most investors in Eurodry Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eurodry's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash flow from operations growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Eurodry cash flow from operations as a starting point in their analysis.
 Eurodry Cash Flow from Operations 
Share
      Timeline 
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
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Eurodry Net Cash Flow from Operations

Net Cash Flow from Operations

2.39 MillionShare
Eurodry Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Eurodry reported Net Cash Flow from Operations of 2.33 Million in 2020
In accordance with the recently published financial statements, Eurodry has 12.55 M in Cash Flow from Operations. This is 94.57% lower than that of the Industrials sector and significantly higher than that of the Marine Shipping industry. The cash flow from operations for all United States stocks is 98.71% higher than that of the company.

Eurodry Cash Flow from Operations Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eurodry's direct or indirect competition against its Cash Flow from Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eurodry could also be used in its relative valuation, which is a method of valuing Eurodry by comparing valuation metrics of similar companies.
Eurodry is currently under evaluation in cash flow from operations category among related companies.

Eurodry Fundamentals

About Eurodry Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eurodry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eurodry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eurodry based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2021
Net Cash Flow from Operations2.3 M2.4 M
Free Cash Flow1.7 M1.8 M
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.

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?
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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

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Eurodry and Ardmore Shipping Corp. 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
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Continue to Eurodry Piotroski F Score and Eurodry Altman Z Score analysis. 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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.