EuroDry Income Before Tax from 2010 to 2024

EDRY Stock  USD 13.65  0.09  0.66%   
EuroDry Income Before Tax yearly trend continues to be fairly stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. During the period from 2010 to 2024, EuroDry Income Before Tax regression line of annual values had r-squared of  0.34 and arithmetic mean of (1,105,780). View All Fundamentals
 
Income Before Tax  
First Reported
2016-12-31
Previous Quarter
-333.5 K
Current Value
-5.2 M
Quarterly Volatility
5.7 M
 
Covid
Check EuroDry financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EuroDry's main balance sheet or income statement drivers, such as Interest Income of 817.2 K, Depreciation And Amortization of 7.9 M or Interest Expense of 3.4 M, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0246 or PTB Ratio of 0.47. EuroDry financial statements analysis is a perfect complement when working with EuroDry Valuation or Volatility modules.
  
Check out the analysis of EuroDry Correlation against competitors.
For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.

Latest EuroDry's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of EuroDry over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on EuroDry income statement and is an important metric when analyzing EuroDry profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is EuroDry's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EuroDry's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

EuroDry Income Before Tax Regression Statistics

Arithmetic Mean(1,105,780)
Geometric Mean4,668,058
Coefficient Of Variation(1,291)
Mean Deviation9,628,177
Median(5,877,861)
Standard Deviation14,278,580
Sample Variance203.9T
Range43.7M
R-Value0.58
Mean Square Error145.8T
R-Squared0.34
Significance0.02
Slope1,850,986
Total Sum of Squares2854.3T

EuroDry Income Before Tax History

2024-3.1 M
2023-3.3 M
202233.5 M
202131.2 M
2020-5.9 M
201916.5 K
20181.1 M

About EuroDry Financial Statements

EuroDry investors use historical fundamental indicators, such as EuroDry's Income Before Tax, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in EuroDry. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax-3.3 M-3.1 M

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Additional Tools for EuroDry Stock Analysis

When running EuroDry's price analysis, check to measure EuroDry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EuroDry is operating at the current time. Most of EuroDry's value examination focuses on studying past and present price action to predict the probability of EuroDry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EuroDry's price. Additionally, you may evaluate how the addition of EuroDry to your portfolios can decrease your overall portfolio volatility.