EuroDry Capital Stock vs Current Deferred Revenue Analysis

EDRY Stock

USD 13.41 0.39 2.83%

EuroDry financial indicator trend analysis is much more than just examining EuroDry latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EuroDry is a good investment. Please check the relationship between EuroDry Capital Stock and its Current Deferred Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EuroDry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.

Capital Stock vs Current Deferred Revenue

Capital Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EuroDry Capital Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between EuroDry's Capital Stock and Current Deferred Revenue is -0.67. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of EuroDry, assuming nothing else is changed. The correlation between historical values of EuroDry's Capital Stock and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of EuroDry are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Stock i.e., EuroDry's Capital Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.67

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from EuroDry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EuroDry current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EuroDry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.At this time, EuroDry's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 10.85 in 2024, whereas Selling General Administrative is likely to drop slightly above 6.1 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	2.3M	3.9M	6.5M	3.4M
Depreciation And Amortization	8.0M	11.0M	11.0M	7.9M

Interest Expense Depreciation And Amortization

EuroDry fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Inventory	Other Current Assets
Total Assets		0.97	0.57	0.91	0.98	-0.77	0.91	0.98	0.49	0.87	0.89	0.88	0.73	0.98	-0.73	-0.76	0.95	0.77	0.8	-0.77	0.92	0.9	0.8	0.75	0.72	0.21
Short Long Term Debt Total	0.97		0.66	0.93	0.96	-0.88	0.85	0.98	0.58	0.92	0.79	0.83	0.69	0.96	-0.85	-0.87	0.99	0.73	0.78	-0.88	0.82	0.94	0.91	0.66	0.71	0.27
Other Current Liab	0.57	0.66		0.71	0.55	-0.74	0.48	0.7	0.26	0.81	0.34	0.58	0.11	0.65	-0.72	-0.74	0.64	0.15	0.35	-0.74	0.37	0.83	0.75	0.25	0.67	0.4
Total Current Liabilities	0.91	0.93	0.71		0.94	-0.88	0.8	0.92	0.5	0.82	0.75	0.84	0.72	0.87	-0.9	-0.91	0.86	0.75	0.77	-0.88	0.82	0.88	0.88	0.44	0.66	0.53
Total Stockholder Equity	0.98	0.96	0.55	0.94		-0.83	0.88	0.96	0.5	0.81	0.87	0.88	0.8	0.94	-0.77	-0.79	0.92	0.83	0.81	-0.83	0.92	0.86	0.83	0.63	0.65	0.34
Other Liab	-0.77	-0.88	-0.74	-0.88	-0.83		-0.68	-0.82	-0.57	-0.8	-0.57	-0.71	-0.61	-0.74	0.94	0.95	-0.85	-0.63	-0.62	1.0	-0.61	-0.84	-0.97	-0.26	-0.59	-0.54
Net Tangible Assets	0.91	0.85	0.48	0.8	0.88	-0.68		0.88	0.43	0.75	0.98	0.96	0.67	0.89	-0.61	-0.66	0.83	0.71	0.7	-0.68	0.95	0.78	0.64	0.73	0.87	0.01
Property Plant And Equipment Net	0.98	0.98	0.7	0.92	0.96	-0.82	0.88		0.48	0.94	0.82	0.87	0.63	0.99	-0.79	-0.82	0.97	0.67	0.79	-0.82	0.85	0.96	0.86	0.72	0.77	0.23
Current Deferred Revenue	0.49	0.58	0.26	0.5	0.5	-0.57	0.43	0.48		0.38	0.36	0.27	0.69	0.42	-0.59	-0.58	0.58	0.69	0.11	-0.57	0.43	0.43	0.51	0.34	0.22	0.15
Net Debt	0.87	0.92	0.81	0.82	0.81	-0.8	0.75	0.94	0.38		0.65	0.75	0.36	0.92	-0.77	-0.8	0.94	0.41	0.71	-0.8	0.64	0.99	0.87	0.67	0.79	0.14
Retained Earnings	0.89	0.79	0.34	0.75	0.87	-0.57	0.98	0.82	0.36	0.65		0.94	0.71	0.85	-0.51	-0.56	0.77	0.75	0.72	-0.57	0.97	0.68	0.53	0.74	0.79	-0.01
Accounts Payable	0.88	0.83	0.58	0.84	0.88	-0.71	0.96	0.87	0.27	0.75	0.94		0.6	0.87	-0.64	-0.7	0.79	0.64	0.74	-0.71	0.91	0.79	0.67	0.6	0.87	0.18
Cash	0.73	0.69	0.11	0.72	0.8	-0.61	0.67	0.63	0.69	0.36	0.71	0.6		0.6	-0.58	-0.59	0.63	1.0	0.53	-0.61	0.81	0.44	0.55	0.37	0.25	0.39
Non Current Assets Total	0.98	0.96	0.65	0.87	0.94	-0.74	0.89	0.99	0.42	0.92	0.85	0.87	0.6		-0.69	-0.73	0.96	0.65	0.77	-0.74	0.87	0.94	0.79	0.79	0.79	0.12
Non Currrent Assets Other	-0.73	-0.85	-0.72	-0.9	-0.77	0.94	-0.61	-0.79	-0.59	-0.77	-0.51	-0.64	-0.58	-0.69		1.0	-0.79	-0.6	-0.66	0.93	-0.55	-0.83	-0.93	-0.23	-0.52	-0.61
Other Assets	-0.76	-0.87	-0.74	-0.91	-0.79	0.95	-0.66	-0.82	-0.58	-0.8	-0.56	-0.7	-0.59	-0.73	1.0		-0.81	-0.61	-0.68	0.94	-0.6	-0.85	-0.93	-0.28	-0.58	-0.57
Long Term Debt	0.95	0.99	0.64	0.86	0.92	-0.85	0.83	0.97	0.58	0.94	0.77	0.79	0.63	0.96	-0.79	-0.81		0.67	0.74	-0.84	0.77	0.94	0.89	0.73	0.71	0.15
Cash And Short Term Investments	0.77	0.73	0.15	0.75	0.83	-0.63	0.71	0.67	0.69	0.41	0.75	0.64	1.0	0.65	-0.6	-0.61	0.67		0.56	-0.63	0.84	0.49	0.57	0.42	0.3	0.36
Net Receivables	0.8	0.78	0.35	0.77	0.81	-0.62	0.7	0.79	0.11	0.71	0.72	0.74	0.53	0.77	-0.66	-0.68	0.74	0.56		-0.61	0.7	0.72	0.7	0.51	0.54	0.29
Common Stock Total Equity	-0.77	-0.88	-0.74	-0.88	-0.83	1.0	-0.68	-0.82	-0.57	-0.8	-0.57	-0.71	-0.61	-0.74	0.93	0.94	-0.84	-0.63	-0.61		-0.61	-0.84	-0.97	-0.26	-0.58	-0.53
Common Stock Shares Outstanding	0.92	0.82	0.37	0.82	0.92	-0.61	0.95	0.85	0.43	0.64	0.97	0.91	0.81	0.87	-0.55	-0.6	0.77	0.84	0.7	-0.61		0.69	0.57	0.68	0.7	0.14
Short Term Investments	0.9	0.94	0.83	0.88	0.86	-0.84	0.78	0.96	0.43	0.99	0.68	0.79	0.44	0.94	-0.83	-0.85	0.94	0.49	0.72	-0.84	0.69		0.89	0.64	0.78	0.25
Long Term Debt Total	0.8	0.91	0.75	0.88	0.83	-0.97	0.64	0.86	0.51	0.87	0.53	0.67	0.55	0.79	-0.93	-0.93	0.89	0.57	0.7	-0.97	0.57	0.89		0.34	0.56	0.5
Non Current Liabilities Total	0.75	0.66	0.25	0.44	0.63	-0.26	0.73	0.72	0.34	0.67	0.74	0.6	0.37	0.79	-0.23	-0.28	0.73	0.42	0.51	-0.26	0.68	0.64	0.34		0.65	-0.45
Inventory	0.72	0.71	0.67	0.66	0.65	-0.59	0.87	0.77	0.22	0.79	0.79	0.87	0.25	0.79	-0.52	-0.58	0.71	0.3	0.54	-0.58	0.7	0.78	0.56	0.65		-0.13
Other Current Assets	0.21	0.27	0.4	0.53	0.34	-0.54	0.01	0.23	0.15	0.14	-0.01	0.18	0.39	0.12	-0.61	-0.57	0.15	0.36	0.29	-0.53	0.14	0.25	0.5	-0.45	-0.13

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EuroDry Account Relationship Matchups

EuroDry fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	117.7M	107.5M	161.3M	199.5M	231.1M	155.2M
Short Long Term Debt Total	56.5M	51.1M	78.7M	81.2M	103.9M	69.7M
Other Current Liab	2.9M	4.1M	1.4M	1.0M	4.2M	2.2M
Total Current Liabilities	11.2M	19.3M	17.7M	27.2M	25.5M	17.3M
Total Stockholder Equity	56.5M	50.5M	78.9M	113.9M	109.7M	73.7M
Net Tangible Assets	41.8M	34.6M	78.9M	113.9M	131.0M	137.6M
Property Plant And Equipment Net	105.5M	99.3M	128.5M	149.0M	203.5M	129.6M
Current Deferred Revenue	445.8K	246.1K	1.5M	351.6K	346.8K	477.3K
Net Debt	51.1M	50.2M	51.8M	47.2M	95.9M	57.9M
Retained Earnings	(11.0M)	(18.5M)	10.9M	44.5M	41.6M	43.6M
Accounts Payable	1.0M	1.1M	855.8K	3.0M	3.1M	3.3M
Cash	5.4M	938.3K	26.8M	34.0M	8.0M	11.2M
Non Current Assets Total	108.1M	101.5M	130.9M	151.6M	206.8M	135.6M
Non Currrent Assets Other	2.7M	2.2M	2.4M	2.6M	3.3M	4.3M
Other Assets	2.7M	2.2M	2.4M	1.9M	1.7M	1.6M
Long Term Debt	49.7M	37.3M	64.7M	58.4M	86.1M	56.5M
Cash And Short Term Investments	5.4M	938.3K	26.8M	34.0M	10.8M	11.6M
Net Receivables	2.3M	2.0M	2.0M	9.9M	8.9M	5.5M
Common Stock Total Equity	42.5M	22.8K	23.0K	23.5K	21.1K	20.1K
Common Stock Shares Outstanding	2.3M	2.3M	2.5M	2.9M	2.8M	2.7M
Liabilities And Stockholders Equity	117.7M	107.5M	161.3M	199.5M	231.1M	155.2M
Non Current Liabilities Total	50.0M	37.7M	64.7M	58.4M	86.1M	62.9M
Inventory	508.7K	1.4M	770.3K	1.1M	4.1M	4.3M
Other Current Assets	1.4M	1.7M	774.3K	1.7M	440.0K	418.0K
Other Stockholder Equity	52.8M	53.0M	68.0M	69.4M	68.1M	58.8M
Total Liab	61.2M	57.0M	82.4M	85.6M	111.6M	80.2M
Property Plant And Equipment Gross	105.5M	99.3M	128.5M	149.0M	250.8M	136.1M
Short Long Term Debt	6.8M	13.8M	13.9M	22.9M	17.8M	12.6M
Total Current Assets	9.6M	6.1M	30.4M	47.9M	24.2M	19.7M
Short Term Debt	6.8M	13.8M	13.9M	22.9M	17.8M	13.1M
Common Stock	23.0K	23.5K	29.2K	29.0K	28.3K	26.9K
Property Plant Equipment	105.5M	99.3M	128.5M	149.0M	171.4M	116.2M
Net Invested Capital	98.3M	85.7M	157.6M	195.2M	213.6M	145.9M
Net Working Capital	(1.6M)	(13.2M)	12.7M	20.7M	(1.3M)	(1.2M)
Capital Stock	14.7M	16.0M	29.2K	29.0K	28.3K	26.9K

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EuroDry Capital Stock vs Current Deferred Revenue Analysis

Capital Stock vs Current Deferred Revenue

Capital Stock vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Capital Stock

Current Deferred Revenue

EuroDry fundamental ratios Correlations

EuroDry Account Relationship Matchups

High Positive Relationship

High Negative Relationship

EuroDry fundamental ratios Accounts

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Additional Tools for EuroDry Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Common Stock Total Equity	+ 1.0	Other Liab
Cash And Short Term Investments	+ 1.0	Cash
Other Assets	+ 1.0	Non Currrent Assets Other
Long Term Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Short Term Investments	+ 0.99	Net Debt

Long Term Debt Total	- 0.97	Common Stock Total Equity
Long Term Debt Total	- 0.97	Other Liab
Long Term Debt Total	- 0.93	Other Assets
Long Term Debt Total	- 0.93	Non Currrent Assets Other
Other Assets	- 0.91	Total Current Liabilities
Non Currrent Assets Other	- 0.9	Total Current Liabilities