EuroDry Historical Balance Sheet

EDRY Stock  USD 21.86  0.24  1.11%   
Trend analysis of EuroDry balance sheet accounts such as Other Current Liabilities of 2.2 M or Total Current Liabilities of 17.3 M provides information on EuroDry's total assets, liabilities, and equity, which is the actual value of EuroDry to its prevalent stockholders. By breaking down trends over time using EuroDry balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining EuroDry latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether EuroDry is a good buy for the upcoming year.

EuroDry Inventory

4.32 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EuroDry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.

About EuroDry Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of EuroDry at a specified time, usually calculated after every quarter, six months, or one year. EuroDry Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of EuroDry and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which EuroDry currently owns. An asset can also be divided into two categories, current and non-current.

EuroDry Balance Sheet Chart

At this time, EuroDry's Net Tangible Assets are fairly stable compared to the past year. Current Deferred Revenue is likely to rise to about 477.3 K in 2024, whereas Total Assets are likely to drop slightly above 155.2 M in 2024.

Total Assets

Total assets refers to the total amount of EuroDry 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 EuroDry 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. 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.

Total Current Liabilities

Total Current Liabilities is an item on EuroDry balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of EuroDry are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from EuroDry's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into EuroDry current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EuroDry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.At this time, EuroDry's Net Tangible Assets are fairly stable compared to the past year. Current Deferred Revenue is likely to rise to about 477.3 K in 2024, whereas Total Assets are likely to drop slightly above 155.2 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total78.7M81.2M103.9M69.1M
Total Assets161.3M199.5M231.1M155.2M

EuroDry balance sheet Correlations

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0.910.860.480.80.88-0.680.880.430.750.980.960.710.89-0.61-0.660.830.710.7-0.680.95-0.10.640.730.870.2
0.980.990.70.920.96-0.820.880.480.940.820.870.670.99-0.79-0.820.970.670.79-0.820.850.170.860.720.770.31
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0.770.740.150.750.83-0.630.710.670.690.420.750.640.65-0.6-0.610.671.00.56-0.630.840.430.570.420.30.58
0.980.960.650.870.94-0.740.890.990.420.920.850.870.65-0.69-0.730.960.650.77-0.740.870.050.790.790.790.24
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0.770.740.150.750.83-0.630.710.670.690.420.750.641.00.65-0.6-0.610.670.56-0.630.840.430.570.420.30.58
0.80.770.350.770.81-0.620.70.790.110.710.720.740.560.77-0.66-0.680.740.56-0.610.70.210.70.510.540.45
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0.920.830.370.820.92-0.610.950.850.430.640.970.910.840.87-0.55-0.60.770.840.7-0.610.010.570.680.70.39
0.150.280.210.420.28-0.55-0.10.170.440.13-0.14-0.040.430.05-0.62-0.560.210.430.21-0.540.010.54-0.4-0.320.74
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EuroDry Account Relationship Matchups

EuroDry balance sheet Accounts

201920202021202220232024 (projected)
Total Assets117.7M107.5M161.3M199.5M231.1M155.2M
Short Long Term Debt Total56.5M51.1M78.7M81.2M103.9M69.1M
Other Current Liab2.9M4.1M1.4M1.0M4.2M2.2M
Total Current Liabilities11.2M19.3M17.7M27.2M25.5M17.3M
Total Stockholder Equity56.5M50.5M78.9M113.9M109.7M73.7M
Net Tangible Assets41.8M34.6M78.9M113.9M131.0M137.6M
Property Plant And Equipment Net105.5M99.3M128.5M149.0M203.5M129.6M
Current Deferred Revenue445.8K246.1K1.5M351.6K346.8K477.3K
Net Debt51.1M50.2M51.8M47.2M93.1M57.5M
Retained Earnings(11.0M)(18.5M)10.9M44.5M41.6M43.6M
Accounts Payable1.0M1.1M855.8K3.0M3.1M3.3M
Cash5.4M938.3K26.8M34.0M10.8M11.6M
Non Current Assets Total108.1M101.5M130.9M151.6M206.8M135.6M
Non Currrent Assets Other2.7M2.2M2.4M2.6M3.3M4.3M
Other Assets2.7M2.2M2.4M1.9M1.7M1.6M
Long Term Debt49.7M37.3M64.7M58.4M86.1M56.5M
Cash And Short Term Investments5.4M938.3K26.8M34.0M10.8M11.6M
Net Receivables2.3M2.0M2.0M9.9M8.9M5.5M
Common Stock Total Equity42.5M22.8K23.0K23.5K21.1K20.1K
Common Stock Shares Outstanding2.3M2.3M2.5M2.9M2.8M2.7M
Liabilities And Stockholders Equity117.7M107.5M161.3M199.5M231.1M155.2M
Non Current Liabilities Total50.0M37.7M64.7M58.4M86.1M62.9M
Inventory508.7K1.4M770.3K1.1M4.1M4.3M
Other Current Assets1.4M1.7M774.3K2.9M440.0K418.0K
Other Stockholder Equity52.8M53.0M68.0M69.4M68.1M58.8M
Total Liab61.2M57.0M82.4M85.6M111.6M80.2M
Property Plant And Equipment Gross105.5M99.3M128.5M149.0M250.8M136.1M
Short Long Term Debt6.8M13.8M13.9M22.9M17.8M12.6M
Total Current Assets9.6M6.1M30.4M47.9M24.2M19.7M
Short Term Debt6.8M13.8M13.9M22.9M17.8M13.1M
Common Stock23.0K23.5K29.2K29.0K28.3K26.9K
Property Plant Equipment105.5M99.3M128.5M149.0M171.4M116.2M
Net Invested Capital98.3M85.7M157.6M195.2M213.6M145.9M
Net Working Capital(1.6M)(13.2M)12.7M20.7M(1.3M)(1.2M)
Capital Stock14.7M16.0M29.2K29.0K28.3K26.9K

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Additional Tools for EuroDry Stock Analysis

When running EuroDry's 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 the 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.