Euroseas Inventory from 2010 to 2024

ESEA Stock  USD 40.73  0.23  0.57%   
Euroseas' Inventory is increasing over the years with slightly volatile fluctuation. Inventory is expected to dwindle to about 1.8 M. From 2010 to 2024 Euroseas Inventory quarterly data regression line had arithmetic mean of  1,765,006 and r-squared of  0.22. View All Fundamentals
 
Inventory  
First Reported
2004-12-31
Previous Quarter
2.8 M
Current Value
3.1 M
Quarterly Volatility
629 K
 
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' Inventory Growth Pattern

Below is the plot of the Inventory of Euroseas over the last few years. It is Euroseas' Inventory 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Euroseas Inventory Regression Statistics

Arithmetic Mean1,765,006
Geometric Mean1,624,757
Coefficient Of Variation31.63
Mean Deviation375,372
Median1,758,930
Standard Deviation558,184
Sample Variance311.6B
Range2.3M
R-Value0.47
Mean Square Error260.1B
R-Squared0.22
Significance0.07
Slope59,196
Total Sum of Squares4.4T

Euroseas Inventory History

20241.8 M
20232.5 M
20222.3 M
20212.2 M
20201.7 M
20191.9 M
20181.7 M

Other Fundumenentals of Euroseas

Euroseas Inventory component correlations

About Euroseas Financial Statements

Euroseas stakeholders use historical fundamental indicators, such as Euroseas' Inventory, 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
Inventory2.5 M1.8 M
Change To Inventory178.1 K187 K
Inventory Turnover 27.38  17.10 
Days Of Inventory On Hand 13.33  20.94 
Average Inventory2.4 M1.4 M
Days Of Inventory Outstanding 13.33  20.94 

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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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
16.28
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.