Euroseas Historical Income Statement
| ESEA Stock | USD 33.10 0.80 2.36% |
Historical analysis of Euroseas income statement accounts such as Total Revenue of 198.8 M or Gross Profit of 125.9 M can show how well Euroseas performed in making a profits. Evaluating Euroseas income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Euroseas's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Euroseas 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 Euroseas is a good buy for the upcoming year.
Euroseas |
About Euroseas Income Statement Analysis
Euroseas Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Euroseas shareholders. The income statement also shows Euroseas investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Euroseas Income Statement Chart
Euroseas Income Statement is one of the three primary financial statements used for reporting Euroseas's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Euroseas revenue and expense. Euroseas Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Euroseas' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 198.8 M, whereas Depreciation And Amortization is forecasted to decline to about 13.9 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Euroseas generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Euroseas. It is also known as Euroseas overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Euroseas income statement and represents the costs associated with goods and services Euroseas provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Euroseas' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Euroseas current financial condition. On the other hand, looking into the entire matrix of income statement 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 Euroseas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.At present, Euroseas' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 198.8 M, whereas Depreciation And Amortization is forecasted to decline to about 13.9 M.
| 2023 | 2024 (projected) | Interest Income | 1.2M | 1.2M | Non Recurring | 5.3M | 4.3M |
Euroseas income statement Correlations
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Euroseas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Euroseas income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 4.3M | 6.6M | 7.2M | 18.8M | 22.8M | 13.9M | |
| Interest Expense | 3.4M | 4.1M | 2.8M | 5.1M | 6.4M | 6.8M | |
| Total Revenue | 40.0M | 53.3M | 93.9M | 182.7M | 189.4M | 198.8M | |
| Gross Profit | 8.1M | 12.6M | 52.1M | 114.5M | 119.9M | 125.9M | |
| Other Operating Expenses | 38.0M | 46.3M | 48.2M | 76.1M | 77.2M | 51.4M | |
| Operating Income | 2.0M | 7.0M | 45.6M | 106.6M | 112.1M | 117.7M | |
| Ebit | 2.0M | 7.0M | 45.6M | 106.6M | 112.1M | 117.7M | |
| Ebitda | 6.3M | 13.6M | 52.9M | 125.4M | 135.0M | 141.7M | |
| Total Operating Expenses | 6.1M | 5.6M | 6.5M | 7.9M | 7.7M | 11.3M | |
| Net Income | (5.1M) | (83.7K) | 43.0M | 106.2M | 114.5M | 120.3M | |
| Income Tax Expense | 3.4M | 4.1M | 2.8M | 395.3K | 1.0 | 0.95 | |
| Selling General Administrative | 6.1M | 8.3M | 7.8M | 9.5M | 10.4M | 7.5M | |
| Cost Of Revenue | 31.9M | 40.7M | 41.8M | 68.2M | 69.5M | 37.9M | |
| Income Before Tax | (1.7M) | 4.0M | 42.9M | 106.2M | 114.5M | 120.3M | |
| Total Other Income Expense Net | (3.7M) | (2.9M) | (2.8M) | (395.3K) | 2.4M | 2.5M | |
| Net Income Applicable To Common Shares | (3.5M) | 3.3M | 42.3M | 106.2M | 122.2M | 128.3M | |
| Net Income From Continuing Ops | (1.7M) | 4.0M | 42.9M | 106.2M | 110.2M | 115.7M | |
| Interest Income | 95.8K | 17.0K | 3.5K | 267.4K | 1.2M | 1.2M | |
| Net Interest Income | (3.3M) | (4.1M) | (2.8M) | (4.8M) | (4.4M) | (4.6M) | |
| Reconciled Depreciation | 4.2M | 6.6M | 7.2M | 18.5M | 22.2M | 23.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Euroseas in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Euroseas' short interest history, or implied volatility extrapolated from Euroseas options trading.
Pair Trading with Euroseas
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 Euroseas 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 Euroseas will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Euroseas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Euroseas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Euroseas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Euroseas to buy it.
The correlation of Euroseas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Euroseas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Euroseas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Euroseas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euroseas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.Note that the Euroseas information on this page should be used as a complementary analysis to other Euroseas' 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 the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Euroseas Stock analysis
When running Euroseas' price analysis, check to measure Euroseas' 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 Euroseas is operating at the current time. Most of Euroseas' value examination focuses on studying past and present price action to predict the probability of Euroseas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euroseas' price. Additionally, you may evaluate how the addition of Euroseas to your portfolios can decrease your overall portfolio volatility.
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Is Euroseas' 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 Euroseas. If investors know Euroseas 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 Euroseas 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 0.24 | Dividend Share 2.1 | Earnings Share 16.52 | Revenue Per Share 27.319 | Quarterly Revenue Growth 0.144 |
The market value of Euroseas is measured differently than its book value, which is the value of Euroseas that is recorded on the company's balance sheet. Investors also form their own opinion of Euroseas' value that differs from its market value or its book value, called intrinsic value, which is Euroseas' 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 Euroseas' market value can be influenced by many factors that don't directly affect Euroseas' 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 Euroseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Euroseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euroseas' 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.