EuroDry Fixed Asset Turnover from 2010 to 2024

EDRY Stock  USD 20.50  0.35  1.74%   
EuroDry Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 0.22 in 2024. During the period from 2010 to 2024, EuroDry Fixed Asset Turnover regression line of annual values had r-squared of  0.48 and arithmetic mean of  0.21. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.23383464
Current Value
0.22
Quarterly Volatility
0.12263163
 
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 Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of EuroDry over the last few years. It is EuroDry's Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

EuroDry Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.21
Geometric Mean0.19
Coefficient Of Variation57.12
Mean Deviation0.09
Median0.22
Standard Deviation0.12
Sample Variance0.02
Range0.3793
R-Value0.69
Mean Square Error0.01
R-Squared0.48
Significance0
Slope0.02
Total Sum of Squares0.21

EuroDry Fixed Asset Turnover History

2022 0.47
2021 0.5
2019 0.26
2018 0.22
2017 0.23

About EuroDry Financial Statements

EuroDry investors use historical fundamental indicators, such as EuroDry's Fixed Asset Turnover, 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
Fixed Asset Turnover 0.23  0.22 

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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.