EuroDry Ltd Asset Resilience Ratio
EuroDry Ltd asset resilience ratio. EuroDry Ltd (EDRY) has an Asset Resilience Ratio of 0.09% as of March 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See EuroDry Ltd (EDRY) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of EuroDry Ltd (2016–2023)
Asset resilience ratio of EuroDry Ltd from 2016 to 2023. This chart shows how EuroDry Ltd's Asset Resilience Ratio has changed over time. Read EDRY total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down EuroDry Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see total assets of EuroDry Ltd.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $196.63K | 0.09% |
| Total Liquid Assets | $196.63K | 0.09% |
Asset Resilience Insights
- Limited Liquidity: EuroDry Ltd maintains only 0.09% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
EuroDry Ltd Industry Peers by Asset Resilience Ratio
Compare EuroDry Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Vapores
SN:VAPORES |
Marine Shipping | 0.02% |
|
U-Ming Marine Transport Corp
TW:2606 |
Marine Shipping | 8.98% |
|
Rizhao Port Co Ltd
SHG:600017 |
Marine Shipping | 0.22% |
|
HNA Technology Co Ltd A
SHG:600751 |
Marine Shipping | 0.13% |
|
Jinzhou Port Co Ltd A
SHG:600190 |
Marine Shipping | 0.03% |
|
Chien Shing Harbour Service Co Ltd
TW:8367 |
Marine Shipping | 2.21% |
|
HNA Technology Co Ltd B
SHG:900938 |
Marine Shipping | 0.03% |
|
Wellard Ltd
AU:WLD |
Marine Shipping | 6.94% |
EuroDry Ltd Asset Resilience Ratio by Year (2016–2023)
EuroDry Ltd asset resilience ratio by year from 2016 to 2023. The table below shows the annual Asset Resilience Ratio data for EuroDry Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.21% | $2.80 Million | $231.05 Million | +0.51pp |
| 2022-12-31 | 0.70% | $1.40 Million | $199.51 Million | -0.22pp |
| 2017-12-31 | 0.92% | $894.00K | $97.45 Million | +0.34pp |
| 2016-12-31 | 0.58% | $502.00K | $86.69 Million | -- |
About EuroDry Ltd
EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers. As of March 31, 2026, it operated through a fleet of 11 drybulk carriers comprising three Panamax drybulk carriers, two Kamsarma… Read more