EuroDry Ltd (EDRY) - Cash Flow Conversion Efficiency
Based on the latest financial reports, EuroDry Ltd (EDRY) has a cash flow conversion efficiency ratio of 0.050x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($4.91 Million) by net assets ($98.98 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
EuroDry Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how EuroDry Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read EuroDry Ltd (EDRY) total liabilities for a breakdown of total debt and financial obligations.
EuroDry Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of EuroDry Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bantas Bandirma Ambalaj Sanayi ve Ticaret AS
IS:BNTAS
|
0.241x |
|
WESTBRIDGE RE. EN. CORP.
F:PUQ
|
N/A |
|
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS
IS:MEPET
|
-0.032x |
|
01 Communique Laboratory Inc
V:ONE
|
-0.013x |
|
Hunt Electronic Co Ltd
TWO:3297
|
0.082x |
|
AViTA Corporation
TWO:4735
|
0.043x |
|
Eternal Energy Public Company Limited
BK:EE
|
-0.078x |
|
Vext Science Inc
F:VV5
|
0.059x |
Annual Cash Flow Conversion Efficiency for EuroDry Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of EuroDry Ltd from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see EDRY market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $105.59 Million | $4.81 Million | 0.046x | -53.91% |
| 2023-12-31 | $119.43 Million | $11.81 Million | 0.099x | -65.85% |
| 2022-12-31 | $113.94 Million | $32.99 Million | 0.289x | -41.62% |
| 2021-12-31 | $78.92 Million | $39.14 Million | 0.496x | +977.73% |
| 2020-12-31 | $50.54 Million | $2.33 Million | 0.046x | -82.79% |
| 2019-12-31 | $56.53 Million | $15.11 Million | 0.267x | +319.54% |
| 2018-12-31 | $62.30 Million | $3.97 Million | 0.064x | -28.04% |
| 2017-12-31 | $32.86 Million | $2.91 Million | 0.089x | -35.29% |
| 2016-12-31 | $31.10 Million | $4.26 Million | 0.137x | -- |
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