Euroseas Non Current Assets Total vs Property Plant And Equipment Gross Analysis

ESEA Stock  USD 39.33  0.52  1.34%   
Euroseas financial indicator trend analysis is much more than just examining Euroseas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euroseas is a good investment. Please check the relationship between Euroseas Non Current Assets Total and its Property Plant And Equipment Gross accounts. 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.

Non Current Assets Total vs Property Plant And Equipment Gross

Non Current Assets Total vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euroseas Non Current Assets Total account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Euroseas' Non Current Assets Total and Property Plant And Equipment Gross is 0.81. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Euroseas, assuming nothing else is changed. The correlation between historical values of Euroseas' Non Current Assets Total and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Euroseas are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Current Assets Total i.e., Euroseas' Non Current Assets Total and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant And Equipment Gross

Most indicators from Euroseas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euroseas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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' Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 2.28, whereas Selling General Administrative is forecasted to decline to about 7.5 M.
 2023 2024 (projected)
Interest Income1.2M1.2M
Non Recurring5.3M4.3M

Euroseas fundamental ratios Correlations

0.930.971.00.520.080.460.130.410.750.820.850.090.750.20.730.660.380.530.620.730.470.650.730.640.07
0.930.860.930.490.30.180.070.460.460.740.810.310.470.150.50.530.060.610.40.720.380.410.720.650.14
0.970.860.970.390.010.490.250.420.80.780.790.020.780.210.770.610.490.460.620.640.460.660.640.670.03
1.00.930.970.50.070.450.150.420.760.810.820.080.760.180.730.640.410.510.640.70.470.660.70.630.07
0.520.490.390.5-0.230.56-0.26-0.020.370.850.78-0.220.420.050.310.880.120.570.450.840.610.460.840.150.06
0.080.30.010.07-0.23-0.55-0.310.34-0.34-0.190.041.0-0.310.01-0.22-0.35-0.470.1-0.40.05-0.4-0.30.050.32-0.26
0.460.180.490.450.56-0.550.05-0.060.80.660.57-0.540.780.120.750.770.690.170.630.510.450.640.510.22-0.05
0.130.070.250.15-0.26-0.310.050.050.19-0.01-0.03-0.310.040.140.40.030.16-0.110.35-0.230.48-0.18-0.230.090.55
0.410.460.420.42-0.020.34-0.060.050.160.20.270.340.29-0.530.05-0.130.31-0.330.290.020.160.330.020.550.27
0.750.460.80.760.37-0.340.80.190.160.660.59-0.330.970.220.880.650.820.180.790.480.440.840.480.38-0.09
0.820.740.780.810.85-0.190.66-0.010.20.660.94-0.170.680.140.610.920.350.630.580.90.650.620.90.460.06
0.850.810.790.820.780.040.57-0.030.270.590.940.060.60.220.620.850.20.670.450.950.540.510.950.590.06
0.090.310.020.08-0.221.0-0.54-0.310.34-0.33-0.170.06-0.30.02-0.21-0.33-0.460.11-0.390.07-0.39-0.290.070.32-0.26
0.750.470.780.760.42-0.310.780.040.290.970.680.6-0.30.040.770.610.870.110.780.480.430.940.480.37-0.08
0.20.150.210.180.050.010.120.14-0.530.220.140.220.020.040.440.33-0.180.57-0.010.3-0.06-0.130.30.17-0.3
0.730.50.770.730.31-0.220.750.40.050.880.610.62-0.210.770.440.670.580.310.720.480.430.50.480.510.0
0.660.530.610.640.88-0.350.770.03-0.130.650.920.85-0.330.610.330.670.310.650.570.860.650.50.860.25-0.01
0.380.060.490.410.12-0.470.690.160.310.820.350.2-0.460.87-0.180.580.31-0.320.740.040.340.820.040.16-0.03
0.530.610.460.510.570.10.17-0.11-0.330.180.630.670.110.110.570.310.65-0.32-0.040.80.20.060.80.28-0.14
0.620.40.620.640.45-0.40.630.350.290.790.580.45-0.390.78-0.010.720.570.74-0.040.280.690.680.280.310.16
0.730.720.640.70.840.050.51-0.230.020.480.90.950.070.480.30.480.860.040.80.280.420.441.00.41-0.08
0.470.380.460.470.61-0.40.450.480.160.440.650.54-0.390.43-0.060.430.650.340.20.690.420.370.420.160.39
0.650.410.660.660.46-0.30.64-0.180.330.840.620.51-0.290.94-0.130.50.50.820.060.680.440.370.440.25-0.13
0.730.720.640.70.840.050.51-0.230.020.480.90.950.070.480.30.480.860.040.80.281.00.420.440.41-0.08
0.640.650.670.630.150.320.220.090.550.380.460.590.320.370.170.510.250.160.280.310.410.160.250.41-0.01
0.070.140.030.070.06-0.26-0.050.550.27-0.090.060.06-0.26-0.08-0.30.0-0.01-0.03-0.140.16-0.080.39-0.13-0.08-0.01
Click cells to compare fundamentals

Euroseas Account Relationship Matchups

Euroseas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.9M110.6M221.5M328.6M424.7M219.4M
Total Stockholder Equity28.1M35.4M76.8M168.2M266.6M134.2M
Property Plant And Equipment Net116.2M98.5M183.9M275.7M267.6M165.2M
Non Current Assets Total120.6M100.9M188.7M281.7M358.7M182.7M
Non Currrent Assets Other4.3M2.4M4.8M6.1M85.4M89.6M
Common Stock Total Equity338.2K375.5K168.0K201.3K181.1K172.1K
Common Stock Shares Outstanding2.9M5.8M7.0M7.2M6.9M7.3M
Liabilities And Stockholders Equity126.9M110.6M221.5M328.6M424.7M219.4M
Other Current Assets1.1M589.3K1.1M12.6M502.8K477.7K
Other Stockholder Equity254.0M257.5M264.6M260.5M258.4M250.7M
Total Liab98.8M75.2M144.7M160.4M158.1M85.2M
Property Plant And Equipment Gross116.2M98.5M183.9M275.7M411.8M432.4M
Total Current Assets6.3M9.7M32.8M46.9M66.0M69.3M
Common Stock168.0K201.3K218.8K213.5K210.4K199.9K
Short Long Term Debt Total89.5M69.4M118.0M107.2M130.0M76.3M
Other Current Liab2.7M1.7M2.0M5.4M3.3M2.6M
Total Current Liabilities24.9M28.6M37.1M73.7M51.2M29.4M
Current Deferred Revenue973.8K949.4K3.3M7.7M11.3M11.8M
Net Debt88.5M65.8M91.5M81.4M71.4M47.0M
Retained Earnings(233.7M)(230.3M)(188.1M)(92.6M)7.9M8.3M
Accounts Payable3.9M2.9M2.8M5.2M5.7M3.1M
Cash985.4K3.6M26.5M25.8M58.6M61.5M
Other Assets4.3M2.4M12.4M65.2M74.9M78.7M
Long Term Debt72.2M46.2M89.0M51.8M99.2M56.4M
Cash And Short Term Investments985.4K3.6M26.5M25.8M58.6M61.5M
Net Receivables2.3M3.9M3.0M6.1M4.3M3.9M
Non Current Liabilities Total73.9M46.6M107.6M86.7M106.9M61.4M
Inventory1.9M1.7M2.2M2.3M2.5M1.8M
Short Term Debt17.3M23.1M29.0M55.4M30.8M20.1M
Property Plant Equipment116.2M98.5M176.3M216.6M194.9M115.6M
Other Liab1.7M362.2K17.6M34.9M40.2M42.2M
Net Tangible Assets20.5M27.3M76.8M168.2M151.3M158.9M
Short Long Term Debt17.3M23.1M29.0M55.4M30.8M26.2M

Also Currently Popular

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 Euroseas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euroseas' 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 Euroseas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euroseas Stock:
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
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
0.241
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.