What is the level of liabilities of EuroDry this year?
EuroDry has a debt balance of 121.39 M USD this year.
EuroDry Liabilities 2024
EuroDry Liabilities
121.39 M USD
Ticker
EDRY
ISIN
MHY235081079
WKN
A2JMZB
In 2024, EuroDry's total liabilities amounted to 121.39 M USD, a 41.81% difference from the 85.6 M USD total liabilities 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.Liabilities Details
Assessing EuroDry's Liabilities
EuroDry's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating EuroDry's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing EuroDry's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
EuroDry's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in EuroDry’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about EuroDry Stock
What were the liabilities of EuroDry compared to the previous year?
The liabilities of EuroDry have increased by 41.81% increased compared to the previous year.
What are the consequences of high debt for investors of EuroDry?
High liabilities can pose a risk for investors of EuroDry, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in EuroDry?
Low liabilities mean that EuroDry has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of EuroDry affect the company?
An increase in liabilities of EuroDry can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of EuroDry affect the company?
A decrease in the liabilities of EuroDry can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of EuroDry?
Some factors that can influence the liabilities of EuroDry include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of EuroDry so important for investors?
The liabilities of EuroDry are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can EuroDry take to modify the liabilities?
To change its liabilities, EuroDry can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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 6/12/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/12/2024.
When did EuroDry pay the last dividend?
The last dividend was paid out on 6/12/2024.
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.
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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.
