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. Read EDRY current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2023)
This chart shows how EuroDry Ltd's Asset Resilience Ratio has changed over time. See net assets of EuroDry Ltd for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see EuroDry Ltd stock valuation.
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 |
|---|---|---|
|
China Merchants Port Group Co Ltd
SHE:001872 |
Marine Shipping | 2.38% |
|
BW LPG Limited
F:BW9 |
Marine Shipping | 0.05% |
|
Okeanis Eco Tankers Corp
OL:OET |
Marine Shipping | 6.70% |
|
MPC Container Ships ASA
OL:MPCC |
Marine Shipping | 27.09% |
|
Himalaya Shipping Ltd
OL:HSHP |
Marine Shipping | 0.01% |
|
Grupo Empresas Navieras SA
SN:NAVIERA |
Marine Shipping | 0.29% |
|
StealthGas Inc
F:S6W |
Marine Shipping | 0.00% |
|
Wellard Ltd
AU:WLD |
Marine Shipping | 6.94% |
Annual Asset Resilience Ratio for EuroDry Ltd (2016–2023)
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 April 30, 2025, it operated through a fleet of 12 drybulk carriers comprising four Panamax, two Kamsarmax, five Ultramax, … Read more