Euroseas Gross Profit from 2010 to 2024

ESEA Stock  USD 39.45  2.85  6.74%   
Euroseas' Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 125.9 M this year. Gross Profit is the profit Euroseas makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2004-03-31
Previous Quarter
23.2 M
Current Value
39.4 M
Quarterly Volatility
10.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Euroseas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euroseas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 6.8 M or Total Revenue of 198.8 M, as well as many indicators such as Price To Sales Ratio of 1.17, Dividend Yield of 0.0916 or PTB Ratio of 0.83. Euroseas financial statements analysis is a perfect complement when working with Euroseas Valuation or Volatility modules.
  
Check out the analysis of Euroseas Correlation against competitors.
For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.

Latest Euroseas' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Euroseas over the last few years. Gross profit is a required income statement account that reflects total revenue of Euroseas minus its cost of goods sold. It is profit before Euroseas operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Euroseas' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Euroseas' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 133.04 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Euroseas Gross Profit Regression Statistics

Arithmetic Mean32,163,651
Geometric Mean14,605,834
Coefficient Of Variation149.23
Mean Deviation37,829,645
Median8,091,441
Standard Deviation47,998,981
Sample Variance2303.9T
Range137.2M
R-Value0.72
Mean Square Error1179.4T
R-Squared0.52
Significance0
Slope7,774,133
Total Sum of Squares32254.6T

Euroseas Gross Profit History

2024125.9 M
2023119.9 M
2022114.5 M
202152.1 M
202012.6 M
20198.1 M
20187.1 M

Other Fundumenentals of Euroseas

Euroseas Gross Profit component correlations

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0.930.460.810.310.530.060.610.40.410.650.140.440.790.720.00.450.1-0.130.550.35-0.2
0.750.460.59-0.330.650.820.180.790.840.38-0.090.840.670.410.560.280.81-0.390.65-0.14-0.84
0.850.810.590.060.850.20.670.450.510.590.060.560.670.790.190.350.26-0.580.850.47-0.57
0.090.31-0.330.06-0.33-0.460.11-0.39-0.290.32-0.26-0.160.230.14-0.780.29-0.470.3-0.310.10.53
0.660.530.650.85-0.330.310.650.570.50.25-0.010.570.40.740.440.290.48-0.740.980.4-0.78
0.380.060.820.2-0.460.31-0.320.740.820.16-0.030.60.38-0.070.67-0.110.78-0.20.33-0.35-0.71
0.530.610.180.670.110.65-0.32-0.040.060.28-0.140.210.420.8-0.250.690.01-0.390.610.46-0.23
0.620.40.790.45-0.390.570.74-0.040.680.310.160.670.360.260.76-0.070.66-0.290.59-0.09-0.64
0.650.410.840.51-0.290.50.820.060.680.25-0.130.450.570.120.59-0.030.7-0.370.530.14-0.68
0.640.650.380.590.320.250.160.280.310.25-0.010.540.70.37-0.070.440.13-0.150.24-0.09-0.19
0.070.14-0.090.06-0.26-0.01-0.03-0.140.16-0.13-0.010.03-0.160.110.3-0.29-0.240.210.070.10.08
0.670.440.840.56-0.160.570.60.210.670.450.540.030.650.560.330.460.68-0.280.56-0.39-0.74
0.860.790.670.670.230.40.380.420.360.570.7-0.160.650.53-0.030.570.41-0.150.4-0.09-0.41
0.710.720.410.790.140.74-0.070.80.260.120.370.110.560.53-0.110.660.11-0.270.760.29-0.4
0.230.00.560.19-0.780.440.67-0.250.760.59-0.070.30.33-0.03-0.11-0.480.62-0.40.450.05-0.62
0.440.450.280.350.290.29-0.110.69-0.07-0.030.44-0.290.460.570.66-0.480.13-0.030.25-0.18-0.17
0.410.10.810.26-0.470.480.780.010.660.70.13-0.240.680.410.110.620.13-0.440.47-0.3-0.84
-0.26-0.13-0.39-0.580.3-0.74-0.2-0.39-0.29-0.37-0.150.21-0.28-0.15-0.27-0.4-0.03-0.44-0.66-0.360.68
0.670.550.650.85-0.310.980.330.610.590.530.240.070.560.40.760.450.250.47-0.660.43-0.78
0.210.35-0.140.470.10.4-0.350.46-0.090.14-0.090.1-0.39-0.090.290.05-0.18-0.3-0.360.430.04
-0.49-0.2-0.84-0.570.53-0.78-0.71-0.23-0.64-0.68-0.190.08-0.74-0.41-0.4-0.62-0.17-0.840.68-0.780.04
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About Euroseas Financial Statements

Euroseas stakeholders use historical fundamental indicators, such as Euroseas' Gross Profit, to determine how well the company is positioned to perform in the future. Although Euroseas investors may analyze each financial statement separately, they are all interrelated. For example, changes in Euroseas' assets and liabilities are reflected in the revenues and expenses on Euroseas' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Euroseas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit119.9 M125.9 M
Gross Profit Margin 0.63  0.42 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Euroseas offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Euroseas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Euroseas Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Euroseas Stock:
Check out the analysis of Euroseas Correlation against competitors.
For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Euroseas. If investors know Euroseas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Euroseas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.407
Earnings Share
16.98
Revenue Per Share
29.676
Quarterly Revenue Growth
0.231
Return On Assets
0.152
The market value of Euroseas is measured differently than its book value, which is the value of Euroseas that is recorded on the company's balance sheet. Investors also form their own opinion of Euroseas' value that differs from its market value or its book value, called intrinsic value, which is Euroseas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Euroseas' market value can be influenced by many factors that don't directly affect Euroseas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Euroseas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Euroseas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Euroseas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.