EuroDry Interest Income vs Total Revenue Analysis

EDRY Stock  USD 12.93  0.07  0.54%   
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 Interest Income and its Total 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.

Interest Income vs Total Revenue

Interest Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EuroDry Interest Income account and Total Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between EuroDry's Interest Income and Total Revenue is 0.39. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total 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 Interest Income and Total 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 Interest Income of EuroDry are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Interest Income i.e., EuroDry's Interest Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Total Revenue

Total revenue comprises all receipts EuroDry generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Expense2.3M3.9M6.5M3.4M
Depreciation And Amortization8.0M11.0M11.0M7.9M

EuroDry fundamental ratios Correlations

0.970.570.910.98-0.770.910.980.490.870.890.880.730.98-0.73-0.760.950.770.8-0.770.920.90.80.750.720.21
0.970.660.930.96-0.880.850.980.580.920.790.830.690.96-0.85-0.870.990.730.78-0.880.820.940.910.660.710.27
0.570.660.710.55-0.740.480.70.260.810.340.580.110.65-0.72-0.740.640.150.35-0.740.370.830.750.250.670.4
0.910.930.710.94-0.880.80.920.50.820.750.840.720.87-0.9-0.910.860.750.77-0.880.820.880.880.440.660.53
0.980.960.550.94-0.830.880.960.50.810.870.880.80.94-0.77-0.790.920.830.81-0.830.920.860.830.630.650.34
-0.77-0.88-0.74-0.88-0.83-0.68-0.82-0.57-0.8-0.57-0.71-0.61-0.740.940.95-0.85-0.63-0.621.0-0.61-0.84-0.97-0.26-0.59-0.54
0.910.850.480.80.88-0.680.880.430.750.980.960.670.89-0.61-0.660.830.710.7-0.680.950.780.640.730.870.01
0.980.980.70.920.96-0.820.880.480.940.820.870.630.99-0.79-0.820.970.670.79-0.820.850.960.860.720.770.23
0.490.580.260.50.5-0.570.430.480.380.360.270.690.42-0.59-0.580.580.690.11-0.570.430.430.510.340.220.15
0.870.920.810.820.81-0.80.750.940.380.650.750.360.92-0.77-0.80.940.410.71-0.80.640.990.870.670.790.14
0.890.790.340.750.87-0.570.980.820.360.650.940.710.85-0.51-0.560.770.750.72-0.570.970.680.530.740.79-0.01
0.880.830.580.840.88-0.710.960.870.270.750.940.60.87-0.64-0.70.790.640.74-0.710.910.790.670.60.870.18
0.730.690.110.720.8-0.610.670.630.690.360.710.60.6-0.58-0.590.631.00.53-0.610.810.440.550.370.250.39
0.980.960.650.870.94-0.740.890.990.420.920.850.870.6-0.69-0.730.960.650.77-0.740.870.940.790.790.790.12
-0.73-0.85-0.72-0.9-0.770.94-0.61-0.79-0.59-0.77-0.51-0.64-0.58-0.691.0-0.79-0.6-0.660.93-0.55-0.83-0.93-0.23-0.52-0.61
-0.76-0.87-0.74-0.91-0.790.95-0.66-0.82-0.58-0.8-0.56-0.7-0.59-0.731.0-0.81-0.61-0.680.94-0.6-0.85-0.93-0.28-0.58-0.57
0.950.990.640.860.92-0.850.830.970.580.940.770.790.630.96-0.79-0.810.670.74-0.840.770.940.890.730.710.15
0.770.730.150.750.83-0.630.710.670.690.410.750.641.00.65-0.6-0.610.670.56-0.630.840.490.570.420.30.36
0.80.780.350.770.81-0.620.70.790.110.710.720.740.530.77-0.66-0.680.740.56-0.610.70.720.70.510.540.29
-0.77-0.88-0.74-0.88-0.831.0-0.68-0.82-0.57-0.8-0.57-0.71-0.61-0.740.930.94-0.84-0.63-0.61-0.61-0.84-0.97-0.26-0.58-0.53
0.920.820.370.820.92-0.610.950.850.430.640.970.910.810.87-0.55-0.60.770.840.7-0.610.690.570.680.70.14
0.90.940.830.880.86-0.840.780.960.430.990.680.790.440.94-0.83-0.850.940.490.72-0.840.690.890.640.780.25
0.80.910.750.880.83-0.970.640.860.510.870.530.670.550.79-0.93-0.930.890.570.7-0.970.570.890.340.560.5
0.750.660.250.440.63-0.260.730.720.340.670.740.60.370.79-0.23-0.280.730.420.51-0.260.680.640.340.65-0.45
0.720.710.670.660.65-0.590.870.770.220.790.790.870.250.79-0.52-0.580.710.30.54-0.580.70.780.560.65-0.13
0.210.270.40.530.34-0.540.010.230.150.14-0.010.180.390.12-0.61-0.570.150.360.29-0.530.140.250.5-0.45-0.13
Click cells to compare fundamentals

EuroDry Account Relationship Matchups

EuroDry fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets117.7M107.5M161.3M199.5M231.1M155.2M
Short Long Term Debt Total56.5M51.1M78.7M81.2M103.9M69.7M
Other Current Liab2.9M4.1M1.4M1.0M4.2M2.2M
Total Current Liabilities11.2M19.3M17.7M27.2M25.5M17.3M
Total Stockholder Equity56.5M50.5M78.9M113.9M109.7M73.7M
Net Tangible Assets41.8M34.6M78.9M113.9M131.0M137.6M
Property Plant And Equipment Net105.5M99.3M128.5M149.0M203.5M129.6M
Current Deferred Revenue445.8K246.1K1.5M351.6K346.8K477.3K
Net Debt51.1M50.2M51.8M47.2M95.9M57.9M
Retained Earnings(11.0M)(18.5M)10.9M44.5M41.6M43.6M
Accounts Payable1.0M1.1M855.8K3.0M3.1M3.3M
Cash5.4M938.3K26.8M34.0M8.0M11.2M
Non Current Assets Total108.1M101.5M130.9M151.6M206.8M135.6M
Non Currrent Assets Other2.7M2.2M2.4M2.6M3.3M4.3M
Other Assets2.7M2.2M2.4M1.9M1.7M1.6M
Long Term Debt49.7M37.3M64.7M58.4M86.1M56.5M
Cash And Short Term Investments5.4M938.3K26.8M34.0M10.8M11.6M
Net Receivables2.3M2.0M2.0M9.9M8.9M5.5M
Common Stock Total Equity42.5M22.8K23.0K23.5K21.1K20.1K
Common Stock Shares Outstanding2.3M2.3M2.5M2.9M2.8M2.7M
Liabilities And Stockholders Equity117.7M107.5M161.3M199.5M231.1M155.2M
Non Current Liabilities Total50.0M37.7M64.7M58.4M86.1M62.9M
Inventory508.7K1.4M770.3K1.1M4.1M4.3M
Other Current Assets1.4M1.7M774.3K1.7M440.0K418.0K
Other Stockholder Equity52.8M53.0M68.0M69.4M68.1M58.8M
Total Liab61.2M57.0M82.4M85.6M111.6M80.2M
Property Plant And Equipment Gross105.5M99.3M128.5M149.0M250.8M136.1M
Short Long Term Debt6.8M13.8M13.9M22.9M17.8M12.6M
Total Current Assets9.6M6.1M30.4M47.9M24.2M19.7M
Short Term Debt6.8M13.8M13.9M22.9M17.8M13.1M
Common Stock23.0K23.5K29.2K29.0K28.3K26.9K
Property Plant Equipment105.5M99.3M128.5M149.0M171.4M116.2M
Net Invested Capital98.3M85.7M157.6M195.2M213.6M145.9M
Net Working Capital(1.6M)(13.2M)12.7M20.7M(1.3M)(1.2M)
Capital Stock14.7M16.0M29.2K29.0K28.3K26.9K

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