Euroseas Return On Equity from 2010 to 2024

ESEA Stock  USD 40.73  0.23  0.57%   
Euroseas' Return On Equity is increasing over the years with slightly volatile fluctuation. Overall, Return On Equity is expected to go to 0.45 this year. Return On Equity is a measure of the profitability of Euroseas in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.42970717
Current Value
0.45
Quarterly Volatility
0.41427613
 
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' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Euroseas over the last few years. Return on Equity is the amount of Euroseas net income returned as a percentage of Euroseas equity. Return on equity measures Euroseas profitability by revealing how much profit Euroseas generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Euroseas' Return On Equity 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 0.4410 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Euroseas Return On Equity Regression Statistics

Arithmetic Mean0
Coefficient Of Variation10,906
Mean Deviation0.28
Median(0)
Standard Deviation0.41
Sample Variance0.17
Range1.6196
R-Value0.61
Mean Square Error0.12
R-Squared0.37
Significance0.02
Slope0.06
Total Sum of Squares2.40

Euroseas Return On Equity History

2024 0.45
2023 0.43
2022 0.63
2021 0.56
2020 -0.002368
2019 -0.18
2018 -0.004823

About Euroseas Financial Statements

Euroseas stakeholders use historical fundamental indicators, such as Euroseas' Return On Equity, 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
Return On Equity 0.43  0.45 

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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.