EuroDry Net Debt from 2010 to 2024

EDRY Stock  USD 21.74  0.29  1.35%   
EuroDry Net Debt yearly trend continues to be fairly stable with very little volatility. Net Debt will likely drop to about 57.5 M in 2024. Net Debt is the total debt of EuroDry minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2017-12-31
Previous Quarter
93.1 M
Current Value
93.1 M
Quarterly Volatility
13.1 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 Net Debt Growth Pattern

Below is the plot of the Net Debt of EuroDry over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. EuroDry's Net Debt 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.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

EuroDry Net Debt Regression Statistics

Arithmetic Mean43,294,568
Geometric Mean40,391,372
Coefficient Of Variation41.92
Mean Deviation14,243,610
Median37,074,244
Standard Deviation18,150,882
Sample Variance329.5T
Range64.2M
R-Value0.80
Mean Square Error129.1T
R-Squared0.64
Significance0.0004
Slope3,237,221
Total Sum of Squares4612.4T

EuroDry Net Debt History

202457.5 M
202393.1 M
202247.2 M
202151.8 M
202050.2 M
201951.1 M
201859 M

Other Fundumenentals of EuroDry

EuroDry Net Debt component correlations

0.980.910.490.870.890.880.950.80.150.80.97-0.50.90.880.9-0.770.980.99-0.770.540.71-0.91
0.980.880.50.820.870.880.920.810.280.830.91-0.430.930.930.93-0.830.980.98-0.830.610.6-0.9
0.910.880.430.750.980.960.830.7-0.10.640.9-0.770.80.80.79-0.680.850.92-0.680.450.8-0.94
0.490.50.430.390.360.270.580.110.440.510.49-0.140.520.580.51-0.570.540.53-0.570.490.13-0.67
0.870.820.750.390.650.750.940.710.130.880.87-0.550.740.570.77-0.810.910.82-0.820.160.79-0.7
0.890.870.980.360.650.940.770.72-0.140.530.88-0.710.770.820.76-0.570.80.91-0.580.550.73-0.92
0.880.880.960.270.750.940.790.74-0.040.670.84-0.750.830.750.82-0.710.840.88-0.720.350.78-0.87
0.950.920.830.580.940.770.790.740.210.890.93-0.50.80.770.83-0.840.960.93-0.850.460.71-0.84
0.80.810.70.110.710.720.740.740.210.70.75-0.370.740.740.8-0.610.80.77-0.620.530.5-0.58
0.150.28-0.10.440.13-0.14-0.040.210.210.54-0.020.480.410.40.45-0.540.310.15-0.540.39-0.47-0.09
0.80.830.640.510.880.530.670.890.70.540.7-0.330.80.680.85-0.970.90.77-0.970.340.47-0.66
0.970.910.90.490.870.880.840.930.75-0.020.7-0.560.810.780.81-0.650.930.96-0.660.460.8-0.89
-0.5-0.43-0.77-0.14-0.55-0.71-0.75-0.5-0.370.48-0.33-0.56-0.37-0.26-0.370.39-0.44-0.490.40.08-0.850.61
0.90.930.80.520.740.770.830.80.740.410.80.81-0.370.890.99-0.820.920.89-0.820.490.48-0.85
0.880.930.80.580.570.820.750.770.740.40.680.78-0.260.890.89-0.710.860.9-0.710.830.33-0.87
0.90.930.790.510.770.760.820.830.80.450.850.81-0.370.990.89-0.860.940.88-0.860.510.47-0.82
-0.77-0.83-0.68-0.57-0.81-0.57-0.71-0.84-0.61-0.54-0.97-0.650.39-0.82-0.71-0.86-0.87-0.761.0-0.34-0.440.72
0.980.980.850.540.910.80.840.960.80.310.90.93-0.440.920.860.94-0.870.96-0.870.50.64-0.87
0.990.980.920.530.820.910.880.930.770.150.770.96-0.490.890.90.88-0.760.96-0.760.60.68-0.94
-0.77-0.83-0.68-0.57-0.82-0.58-0.72-0.85-0.62-0.54-0.97-0.660.4-0.82-0.71-0.861.0-0.87-0.76-0.34-0.440.72
0.540.610.450.490.160.550.350.460.530.390.340.460.080.490.830.51-0.340.50.6-0.34-0.07-0.56
0.710.60.80.130.790.730.780.710.5-0.470.470.8-0.850.480.330.47-0.440.640.68-0.44-0.07-0.65
-0.91-0.9-0.94-0.67-0.7-0.92-0.87-0.84-0.58-0.09-0.66-0.890.61-0.85-0.87-0.820.72-0.87-0.940.72-0.56-0.65
Click cells to compare fundamentals

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 Net Debt, 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
Net Debt93.1 M57.5 M
Net Debt To EBITDA 7.29  7.49 

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 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for EuroDry Stock analysis

When running EuroDry's 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 the 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.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
CEOs Directory
Screen CEOs from public companies around the world
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
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.