EuroDry Ltd (EDRY) — Defensive Interval Ratio

Latest as of March 2026: 83 days

EuroDry Ltd (EDRY) has a Defensive Interval Ratio of 83 days as of March 2026. Defensive assets of $4.25 Million (cash $-, short-term investments $-, receivables $4.25 Million) cover 83 days of daily cash needs of $51.30K/day. Check tangible net worth ratio of EuroDry Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

83 days
Days of operational coverage

Defensive Assets

$4.25 Million
Cash + ST Investments + Receivables

Daily Cash Need

$51.30K
Current Liabilities ÷ 365

Current Liabilities

$18.72 Million
USD

EuroDry Ltd Defensive Interval Ratio (2016–2025)

This chart shows how EuroDry Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 83 days, meaning defensive assets of $4.25 Million can fund 83 days of operations without new revenue. Also explore EuroDry Ltd (EDRY) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for EuroDry Ltd (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for EuroDry Ltd from 2016 to 2025, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see EDRY stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 83 days $4.25 Million $51.30K/day $- $- ▼ -103 days
2024 186 days $9.55 Million $51.40K/day $- $- ▲ +19 days
2023 167 days $11.67 Million $69.82K/day $- $2.80 Million ▲ +15 days
2022 152 days $11.31 Million $74.53K/day $- $1.40 Million ▲ +110 days
2021 42 days $2.02 Million $48.51K/day $- $- ▲ +4 days
2020 38 days $1.99 Million $52.77K/day $- $- ▼ -38 days
2019 75 days $2.30 Million $30.60K/day $- $- ▼ -165 days
2018 240 days $8.55 Million $35.63K/day $- $- ▲ +19 days
2017 221 days $5.84 Million $26.41K/day $- $894.00K ▼ -108 days
2016 329 days $1.92 Million $5.82K/day $- $502.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)