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 current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see EDRY asset base.
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. Explore EuroDry Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Okeanis Eco Tankers Corp.
NYSE:ECO |
Marine Shipping | 9.71% |
|
Santos Brasil Participações S.A
SA:STBP3 |
Marine Shipping | 6.74% |
|
Safe Bulkers Inc
NYSE:SB |
Marine Shipping | 6.35% |
|
Precious Shipping Public Company Limited
BK:PSL-R |
Marine Shipping | 0.33% |
|
Puerto Ventana
SN:VENTANAS |
Marine Shipping | 0.16% |
|
Jinzhou Port Co Ltd A
SHG:600190 |
Marine Shipping | 0.03% |
|
Jasa Armada Indonesia Tbk PT
JK:IPCM |
Marine Shipping | 14.91% |
|
MERCANTILE PORTS+LOGI.LTD
F:9KS0 |
Marine Shipping | 0.14% |
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 March 31, 2026, it operated through a fleet of 11 drybulk carriers comprising three Panamax drybulk carriers, two Kamsarma… Read more