EuroDry Historical Income Statement

EDRY Stock  USD 15.29  0.40  2.55%   
Historical analysis of EuroDry income statement accounts such as Interest Expense of 3.4 M or Selling General Administrative of 5.7 M can show how well EuroDry performed in making a profits. Evaluating EuroDry income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EuroDry's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining EuroDry latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether EuroDry is a good buy for the upcoming year.
  
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.

About EuroDry Income Statement Analysis

EuroDry Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to EuroDry shareholders. The income statement also shows EuroDry investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

EuroDry Income Statement Chart

At this time, EuroDry's Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 5.7 M in 2024, despite the fact that Net Interest Income is likely to grow to (4.9 M).

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.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EuroDry. It is also known as EuroDry overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from EuroDry's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EuroDry current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 5.7 M in 2024, despite the fact that Net Interest Income is likely to grow to (4.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense2.3M3.9M6.5M3.4M
Depreciation And Amortization8.0M11.0M11.2M7.9M

EuroDry income statement Correlations

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-0.80.60.710.160.390.130.630.040.13-0.060.160.690.39-0.020.01-0.01-0.240.61-0.95
-0.880.60.90.770.920.730.990.70.760.590.730.970.910.680.40.67-0.560.99-0.46
-0.930.710.90.570.710.430.950.430.490.290.440.960.790.390.440.38-0.380.87-0.53
-0.670.160.770.570.80.760.740.740.770.620.710.640.950.750.640.72-0.560.75-0.16
-0.730.390.920.710.80.940.860.920.950.860.940.830.860.90.360.9-0.530.9-0.31
-0.50.130.730.430.760.940.630.980.990.971.00.580.720.980.270.98-0.490.73-0.13
-0.920.630.990.950.740.860.630.620.680.490.640.990.910.590.470.58-0.490.96-0.48
-0.450.040.70.430.740.920.980.620.990.980.980.570.710.990.340.99-0.430.680.0
-0.520.130.760.490.770.950.990.680.990.960.990.630.750.990.360.99-0.520.75-0.09
-0.3-0.060.590.290.620.860.970.490.980.960.970.440.570.980.170.98-0.410.590.09
-0.50.160.730.440.710.941.00.640.980.990.970.590.70.970.220.97-0.480.73-0.15
-0.910.690.970.960.640.830.580.990.570.630.440.590.840.530.410.53-0.440.94-0.51
-0.830.390.910.790.950.860.720.910.710.750.570.70.840.70.610.68-0.590.9-0.31
-0.41-0.020.680.390.750.90.980.590.990.990.980.970.530.70.371.0-0.490.660.06
-0.460.010.40.440.640.360.270.470.340.360.170.220.410.610.370.35-0.350.320.02
-0.4-0.010.670.380.720.90.980.580.990.990.980.970.530.681.00.35-0.520.660.04
0.4-0.24-0.56-0.38-0.56-0.53-0.49-0.49-0.43-0.52-0.41-0.48-0.44-0.59-0.49-0.35-0.52-0.630.2
-0.860.610.990.870.750.90.730.960.680.750.590.730.940.90.660.320.66-0.63-0.49
0.72-0.95-0.46-0.53-0.16-0.31-0.13-0.480.0-0.090.09-0.15-0.51-0.310.060.020.040.2-0.49
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EuroDry Account Relationship Matchups

EuroDry income statement Accounts

201920202021202220232024 (projected)
Net Interest Income(3.5M)(2.3M)(2.3M)(3.8M)(5.2M)(4.9M)
Interest Income22.2K4.1K10.5K46.3K778.3K817.2K
Depreciation And Amortization6.5M6.7M8.0M11.0M11.2M7.9M
Interest Expense3.5M2.3M2.3M3.9M6.5M3.4M
Selling General Administrative5.9M6.6M5.1M10.9M3.5M5.7M
Total Revenue27.2M22.3M64.4M70.2M47.6M39.0M
Gross Profit8.9M3.8M44.0M42.1M8.5M16.7M
Other Operating Expenses24.2M25.0M25.6M38.9M46.0M28.4M
Operating Income3.0M(2.7M)38.9M34.1M1.6M1.5M
Net Income From Continuing Ops16.5K(5.9M)31.2M33.5M3.0M2.9M
Ebit3.0M(2.9M)38.6M31.1M1.6M1.5M
Ebitda9.5M3.8M46.6M42.1M12.8M18.3M
Cost Of Revenue18.4M18.4M20.5M28.1M39.1M22.2M
Total Operating Expenses5.9M6.6M5.1M10.9M6.9M6.2M
Income Before Tax16.5K(5.9M)31.2M33.5M(3.3M)(3.1M)
Total Other Income Expense Net(3.0M)(3.1M)(7.7M)(574.1K)(4.9M)(5.1M)
Net Income Applicable To Common Shares(1.9M)(7.5M)29.4M33.5M38.6M40.5M
Net Income(3.5M)(8.2M)31.2M33.5M(2.9M)(2.8M)
Income Tax Expense3.5M2.3M2.3M(6.1M)(374.1K)(355.4K)
Reconciled Depreciation6.5M6.6M7.7M10.8M10.3M8.2M

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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.