Eurodry Shares Outstanding vs. Cash per Share

EDRY -  USA Stock  

USD 30.88  1.85  6.37%

For Eurodry profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eurodry to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eurodry utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eurodry's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eurodry over time as well as its relative position and ranking within its peers. Continue to Investing Opportunities.

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Eurodry Price to Sales Ratio is fairly stable at the moment as compared to the past year. Eurodry reported Price to Sales Ratio of 0.56 in 2020. Sales per Share is likely to rise to 10.52 in 2021, whereas Return on Sales is likely to drop (0.17)  in 2021. Preferred Dividends Income Statement Impact is likely to rise to about 1.6 M in 2021, whereas Consolidated Income is likely to drop (6.3 M) in 2021.

Eurodry Revenues

23.44 MillionShare
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 underlying business (such as 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 Eurodry value 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.

Eurodry Cash per Share vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Eurodry's current stock value. Our valuation model uses many indicators to compare Eurodry value to that of its competitors to determine the firm's financial worth.
Eurodry is rated # 2 in shares outstanding category among related companies. It is rated # 2 in cash per share category among related companies . The ratio of Shares Outstanding to Cash per Share for Eurodry is about  649,171 . Free Cash Flow is likely to rise to about 1.8 M in 2021

Eurodry Cash per Share vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Eurodry 
Shares Outstanding 
 = 
Public Shares 
Repurchased 
2.35 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Eurodry 
Cash per Share 
 = 
Total Cash 
Average Shares 
3.62 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Eurodry Cash per Share Comparison

Eurodry Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Eurodry, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eurodry will eventually generate negative long term returns. The profitability progress is the general direction of Eurodry's change in net profit over the period of time. It can combine multiple indicators of Eurodry, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2021
Consolidated Income-5.9 M-6.3 M
Net Income-5.9 M-6.3 M
Net Income Common Stock-7.5 M-8 M
Operating Income-2.7 M-2.8 M
Preferred Dividends Income Statement Impact1.6 M1.6 M
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. EuroDry Ltd. was incorporated in 2018 and is based in Marousi, Greece. Eurodry operates under Marine Shipping classification in the United States and is traded on NASDAQ Exchange.

Eurodry Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Eurodry. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Eurodry position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Eurodry's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Eurodry without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Use Investing Themes to Complement your Eurodry position

In addition to having Eurodry in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Measuring and Control
Measuring and Control Theme
Fama and French focuses on testing asset pricing under different economic assumptions. Measuring and Control theme has 49 constituents.
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Continue to Investing Opportunities. Note that the Eurodry information on this page should be used as a complementary analysis to other Eurodry's 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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

Complementary Tools for Eurodry Stock analysis

When running Eurodry 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 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.
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To fully project Eurodry's future profitability" href="/future-stock-price/EDRY">future profitability, investors should examine all historical financial statements" href="/financial-statements/EDRY">financial statements. These statements provide investors with a comprehensive snapshot of the financial position" href="/financial-statements/EDRY">financial position of Eurodry at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements" href="/financial-statements/EDRY">financial statements. These documents include Eurodry's income statement, its balance sheet, and the statement of cash flows.
Potential Eurodry investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Eurodry investors may work on each financial statement separately, they are all related. The changes in Eurodry's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Eurodry's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.