Euroseas Non Currrent Assets Other vs Other Stockholder Equity 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 Currrent Assets Other and its Other Stockholder Equity 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 Currrent Assets Other vs Other Stockholder Equity

Non Currrent Assets Other vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euroseas Non Currrent Assets Other account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Euroseas' Non Currrent Assets Other and Other Stockholder Equity is -0.02. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Euroseas, assuming nothing else is changed. The correlation between historical values of Euroseas' Non Currrent Assets Other and Other Stockholder Equity 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 Currrent Assets Other of Euroseas are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Non Currrent Assets Other i.e., Euroseas' Non Currrent Assets Other and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Stockholder Equity

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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Commodity Directory
Find actively traded commodities issued by global exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Transaction History
View history of all your transactions and understand their impact on performance
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.