EuroDry Historical Balance Sheet

EDRY Stock  USD 21.60  0.10  0.46%   
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

EuroDry Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how EuroDry uses and utilizes its capital. It also shows what exactly a company owns and owes.
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.
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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0.150.280.210.420.28-0.55-0.10.170.440.13-0.14-0.040.430.05-0.62-0.560.210.430.21-0.540.010.54-0.4-0.320.74
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Click cells to compare fundamentals

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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether EuroDry offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EuroDry's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eurodry Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eurodry Stock:
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.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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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
(0.94)
Earnings Share
(1.15)
Revenue Per Share
18.456
Quarterly Revenue Growth
0.272
Return On Assets
0.0048
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 if EuroDry is a good investment 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.