EuroDry Cost Of Revenue from 2010 to 2024

EDRY Stock  USD 21.74  0.29  1.35%   
EuroDry Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue will likely drop to about 22.2 M in 2024. During the period from 2010 to 2024, EuroDry Cost Of Revenue regression line of annual values had r-squared of  0.73 and arithmetic mean of  15,554,780. View All Fundamentals
 
Cost Of Revenue  
First Reported
2016-12-31
Previous Quarter
10.3 M
Current Value
10.3 M
Quarterly Volatility
2.2 M
 
Covid
Check EuroDry financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EuroDry main balance sheet or income statement drivers, such as Interest Income of 817.2 K, Depreciation And Amortization of 7.4 M or Interest Expense of 3.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0246 or PTB Ratio of 0.47. EuroDry financial statements analysis is a perfect complement when working with EuroDry Valuation or Volatility modules.
  
This module can also supplement various EuroDry Technical models . Check out the analysis of EuroDry Correlation against competitors.
For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.

Latest EuroDry's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of EuroDry over the last few years. Cost of Revenue is found on EuroDry income statement and represents the costs associated with goods and services EuroDry 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. It is EuroDry's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EuroDry's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

EuroDry Cost Of Revenue Regression Statistics

Arithmetic Mean15,554,780
Geometric Mean13,504,851
Coefficient Of Variation58.92
Mean Deviation7,115,240
Median14,074,978
Standard Deviation9,165,522
Sample Variance84T
Range30.9M
R-Value0.85
Mean Square Error24.6T
R-Squared0.73
Significance0.000053
Slope1,748,310
Total Sum of Squares1176.1T

EuroDry Cost Of Revenue History

202422.2 M
202339.1 M
202228.1 M
202120.5 M
202018.4 M
201918.4 M
201815 M

About EuroDry Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include EuroDry income statement, its balance sheet, and the statement of cash flows. EuroDry investors use historical funamental indicators, such as EuroDry's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although EuroDry investors may use 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. We offer a historical overview of the basic patterns found on EuroDry Financial Statements. Understanding these patterns can help to make the right decision on long term investment in EuroDry. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue39.1 M22.2 M

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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 the analysis of EuroDry Correlation against competitors.
For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.