EuroDry Net Working Capital from 2010 to 2024

EDRY Stock  USD 13.41  0.39  2.83%   
EuroDry Net Working Capital yearly trend continues to be fairly stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. During the period from 2010 to 2024, EuroDry Net Working Capital regression line of annual values had r-squared of  0.11 and arithmetic mean of  363,852. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
-1.3 M
Current Value
-1.2 M
Quarterly Volatility
7.7 M
 
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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of EuroDry over the last few years. It is EuroDry's Net Working Capital 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

EuroDry Net Working Capital Regression Statistics

Arithmetic Mean363,852
Geometric Mean2,975,189
Coefficient Of Variation2,116
Mean Deviation5,037,554
Median(2,020,624)
Standard Deviation7,699,711
Sample Variance59.3T
Range33.9M
R-Value0.33
Mean Square Error57T
R-Squared0.11
Significance0.23
Slope562,830
Total Sum of Squares830T

EuroDry Net Working Capital History

2024-1.2 M
2023-1.3 M
202220.7 M
202112.7 M
2020-13.2 M
2019-1.6 M
20185.5 M

About EuroDry Financial Statements

EuroDry investors use historical fundamental indicators, such as EuroDry's Net Working Capital, 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
Net Working Capital-1.3 M-1.2 M

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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.