EuroDry Current Ratio from 2010 to 2024

EDRY Stock  USD 13.41  0.39  2.83%   
EuroDry Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 0.88 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.95059466
Current Value
0.88
Quarterly Volatility
0.37127189
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check EuroDry financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EuroDry's main balance sheet or income statement drivers, such as Interest Income of 817.2 K, Depreciation And Amortization of 7.9 M or Interest Expense of 3.4 M, as well as many 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.
  
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 Current Ratio Growth Pattern

Below is the plot of the Current Ratio of EuroDry over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. EuroDry's Current Ratio 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.
ViewLast Reported 0.55 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

EuroDry Current Ratio Regression Statistics

Arithmetic Mean1.18
Geometric Mean1.10
Coefficient Of Variation31.51
Mean Deviation0.29
Median1.33
Standard Deviation0.37
Sample Variance0.14
Range1.4461
R-Value(0.25)
Mean Square Error0.14
R-Squared0.06
Significance0.36
Slope(0.02)
Total Sum of Squares1.93

EuroDry Current Ratio History

2024 0.88
2023 0.95
2022 1.76
2021 1.72
2020 0.31
2019 0.86
2018 1.11

About EuroDry Financial Statements

EuroDry investors use historical fundamental indicators, such as EuroDry's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in EuroDry. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 0.95  0.88 

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Additional 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.