EuroDry Operating Income from 2010 to 2024

EDRY Stock  USD 13.80  0.15  1.10%   
EuroDry Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income will likely drop to about 1.5 M in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit EuroDry generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
2016-12-31
Previous Quarter
1.6 M
Current Value
-3 M
Quarterly Volatility
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 Operating Income Growth Pattern

Below is the plot of the Operating Income of EuroDry over the last few years. Operating Income is the amount of profit realized from EuroDry operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of EuroDry is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. EuroDry's Operating Income 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.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

EuroDry Operating Income Regression Statistics

Arithmetic Mean1,347,892
Geometric Mean6,418,467
Coefficient Of Variation1,132
Mean Deviation10,174,568
Median(2,737,049)
Standard Deviation15,251,600
Sample Variance232.6T
Range47.9M
R-Value0.63
Mean Square Error151.8T
R-Squared0.39
Significance0.01
Slope2,140,204
Total Sum of Squares3256.6T

EuroDry Operating Income History

20241.5 M
20231.6 M
202234.1 M
202138.9 M
2020-2.7 M
2019M
2018M

About EuroDry Financial Statements

EuroDry investors use historical fundamental indicators, such as EuroDry's Operating Income, 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
Operating Income1.6 M1.5 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.