What is the ROCE (Return on Capital Employed) of EuroDry this year?
The ROCE of EuroDry is 0.01 undefined this year.
EuroDry ROCE 2024
EuroDry ROCE
0.01
Ticker
EDRY
ISIN
MHY235081079
WKN
A2JMZB
In 2024, EuroDry's return on capital employed (ROCE) was 0.01, a -96.37% increase from the 0.27 ROCE 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.ROCE Details
Unraveling EuroDry's Return on Capital Employed (ROCE)
EuroDry's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing EuroDry's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
EuroDry's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in EuroDry’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about EuroDry stock
How has the ROCE (Return on Capital Employed) of EuroDry developed compared to the previous year?
The ROCE of EuroDry has increased by -96.37% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of EuroDry?
A high Return on Capital Employed (ROCE) indicates that EuroDry has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of EuroDry?
A low ROCE (Return on Capital Employed) can indicate that EuroDry has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from EuroDry impact the company?
An increase in the ROCE of EuroDry can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of EuroDry affect the company?
A decrease in ROCE of EuroDry can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of EuroDry?
Some factors that can affect EuroDry's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of EuroDry so important for investors?
The ROCE of EuroDry is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can EuroDry take to improve the ROCE?
To improve the ROCE, EuroDry can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
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 11/9/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/9/2024.
When did EuroDry pay the last dividend?
The last dividend was paid out on 11/9/2024.
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.
