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
EuroDry Ltd (EDRY) - Total Assets
Latest total assets as of September 2025: $202.11 Million USD
Based on the latest financial reports, EuroDry Ltd (EDRY) holds total assets worth $202.11 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
EuroDry Ltd - Total Assets Trend (2016–2024)
This chart illustrates how EuroDry Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
EuroDry Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
EuroDry Ltd's total assets of $202.11 Million consist of 10.6% current assets and 89.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.1% |
| Accounts Receivable | $9.55 Million | 4.3% |
| Inventory | $2.10 Million | 1.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how EuroDry Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: EuroDry Ltd's current assets represent 10.6% of total assets in 2024, an increase from 3.3% in 2016.
- Cash Position: Cash and equivalents constituted 3.1% of total assets in 2024, up from 0.7% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 4.3% of total assets.
EuroDry Ltd Competitors by Total Assets
Key competitors of EuroDry Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
EuroDry Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - EuroDry Ltd generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - EuroDry Ltd is currently not profitable relative to its asset base.
EuroDry Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.27 | 0.84 | 0.31 |
| Quick Ratio | 1.21 | 0.74 | 0.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.90 Million | $ -3.22 Million | $ -13.20 Million |
EuroDry Ltd - Advanced Valuation Insights
This section examines the relationship between EuroDry Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.41 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | -4.9% |
| Total Assets | $219.74 Million |
| Market Capitalization | $24.88 Million USD |
Valuation Analysis
Below Book Valuation: The market values EuroDry Ltd's assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: EuroDry Ltd's assets decreased by 4.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for EuroDry Ltd (2016–2024)
The table below shows the annual total assets of EuroDry Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $219.74 Million | -4.90% |
| 2023-12-31 | $231.05 Million | +15.81% |
| 2022-12-31 | $199.51 Million | +23.66% |
| 2021-12-31 | $161.33 Million | +50.06% |
| 2020-12-31 | $107.51 Million | -8.65% |
| 2019-12-31 | $117.69 Million | -7.85% |
| 2018-12-31 | $127.71 Million | +31.05% |
| 2017-12-31 | $97.45 Million | +12.42% |
| 2016-12-31 | $86.69 Million | -- |