EuroDry Return On Assets from 2010 to 2024

EDRY Stock  USD 20.50  0.35  1.74%   
EuroDry Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit EuroDry earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.01)
Current Value
(0.01)
Quarterly Volatility
0.10239959
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of EuroDry over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. EuroDry's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

EuroDry Return On Assets Regression Statistics

Arithmetic Mean(0.04)
Coefficient Of Variation(269.08)
Mean Deviation0.08
Median(0.08)
Standard Deviation0.10
Sample Variance0.01
Range0.3101
R-Value0.69
Mean Square Error0.01
R-Squared0.48
Significance0
Slope0.02
Total Sum of Squares0.15

EuroDry Return On Assets History

2024 -0.012
2023 -0.0126
2022 0.17
2021 0.19
2020 -0.0764
2019 -0.0297
2018 0.008768

About EuroDry Financial Statements

EuroDry investors use historical fundamental indicators, such as EuroDry's Return On Assets, 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
Return On Assets(0.01)(0.01)

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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.