What is the debt of EuroDry this year?
EuroDry has a debt level of 95.93 USD this year.
EuroDry Debt 2024
EuroDry Debt
95.93 USD
Ticker
EDRY
ISIN
MHY235081079
WKN
A2JMZB
In 2024, EuroDry's total debt was 95.93 USD, a 103.23% change from the 47.2 USD total debt recorded in the previous year.
EuroDry Aktienanalyse
What does EuroDry do?
EuroDry Ltd is a company based in Athens that was founded in 2018. The company's history, however, is not only based on its founding but also on the successful history of its sister company, Euroseas Ltd. EuroDry Ltd's business model is focused on the transportation of dry goods at sea using specialized container ships. The company specializes in operating modern container ships designed specifically for transporting dry goods such as cement, coal, iron, and steel. It owns and operates a fleet of six modern ships ranging in sizes from 4,250 to 8,000 TEU. The main goal of the company is to provide reliable and cost-effective transportation solutions to its customers worldwide. It focuses on exceeding customer expectations through continuous improvement of services, efficiency, and fleet quality. EuroDry Ltd is divided into three different business segments: ship operations, cargo-based ship operations, and ship trading. In the ship operations segment, the company operates six modern container ships that are specialists in transporting dry goods. These ships are capable of carrying a variety of cargoes such as cement, coal, iron ore, steel, and other products. In the cargo-based ship operations segment, the company offers its customers a flexible, reliable, and cost-effective transportation service where ships are chartered according to demand. This is particularly beneficial for customers who do not operate their own fleet but still need to quickly respond to market changes. The third segment of the company is ship trading, where EuroDry specializes in buying and selling container ships. By purchasing used ships at low prices and refurbishing and modernizing them before selling, the company generates high profits. Products offered by EuroDry Ltd include worldwide transportation of dry goods and the sale of used ships. The cargo is transported in containers specifically designed for this purpose on state-of-the-art ships, ensuring safe and efficient transportation. In addition, the company has extensive experience in ship trading. When it comes to purchasing used ships, EuroDry knows what it takes to make a cost-effective and promising offer. The company specializes in buying ships that can be successfully used in their specialty, transporting dry goods. Overall, EuroDry Ltd is an emerging company tailored to the needs of its customers in the dry goods transportation sector. With an experienced management team, modern ships, and a flexible business model, the company has the potential to have a successful future in the shipping industry. EuroDry ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding EuroDry's Debt Structure
EuroDry's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing EuroDry's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to EuroDry’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in EuroDry’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about EuroDry Stock
What was the debt of EuroDry compared to the previous year?
The debt of EuroDry has increased by 103.23% compared to the previous year increased.
What are the consequences of high debt for investors in EuroDry?
High debt can pose a risk for investors of EuroDry, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of EuroDry?
Low debt means that EuroDry has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from EuroDry affect the company?
An increase in debt of EuroDry can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of EuroDry affect the company?
A reduction in debt of EuroDry can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of EuroDry?
Some factors that can influence the debt of EuroDry include investments, acquisitions, operating costs, and revenue development.
Why are the debts of EuroDry so important for investors?
The debts of EuroDry are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can EuroDry take to change the debt?
To change the debt, EuroDry can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does EuroDry pay?
Over the past 12 months, EuroDry paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, EuroDry is expected to pay a dividend of 0 USD.
What is the dividend yield of EuroDry?
The current dividend yield of EuroDry is .
When does EuroDry pay dividends?
EuroDry pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of EuroDry?
EuroDry paid dividends every year for the past 0 years.
What is the dividend of EuroDry?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is EuroDry located?
EuroDry is assigned to the 'Industry' sector.
Wann musste ich die Aktien von EuroDry kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of EuroDry from 6/11/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/11/2024.
When did EuroDry pay the last dividend?
The last dividend was paid out on 6/11/2024.
What was the dividend of EuroDry in the year 2023?
In the year 2023, EuroDry distributed 0 USD as dividends.
In which currency does EuroDry pay out the dividend?
The dividends of EuroDry are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von EuroDry
Our stock analysis for EuroDry Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of EuroDry Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
