EuroDry Net Income vs Interest Income Analysis

EDRY Stock  USD 10.63  0.13  1.24%   
EuroDry financial indicator trend analysis is much more than just examining EuroDry latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EuroDry is a good investment. Please check the relationship between EuroDry Net Income and its Interest Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EuroDry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.

Net Income vs Interest Income

JavaScript chart by amCharts 3.21.1520162018202020222024-10M-5M05M10M15M20M25M30M 50K100K150K200K250K300K350K400K450K500K550K600K650K700K750K800K850K900K
JavaScript chart by amCharts 3.21.15Net Incometotal: 15.1MInterest Incometotal: 2.7M

Net Income vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of EuroDry Net Income account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
Net IncomeInterest IncomeDiversified AwayNet IncomeInterest IncomeDiversified Away100%
The correlation between EuroDry's Net Income and Interest Income is -0.03. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Interest Income in the same time period over historical financial statements of EuroDry, assuming nothing else is changed. The correlation between historical values of EuroDry's Net Income and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of EuroDry are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Net Income i.e., EuroDry's Net Income and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in EuroDry financial statement analysis. It represents the amount of money remaining after all of EuroDry operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most indicators from EuroDry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EuroDry current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EuroDry. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy EuroDry Stock please use our How to Invest in EuroDry guide.At this time, EuroDry's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 140.4 M in 2025, whereas Selling General Administrative is likely to drop slightly above 6.1 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense3.9M6.5M7.5M7.8M
Depreciation And Amortization11.0M11.0M12.6M7.9M

EuroDry fundamental ratios Correlations

0.980.680.920.98-0.740.90.990.430.920.890.880.610.99-0.7-0.730.970.680.85-0.740.950.840.770.860.790.05
0.980.730.940.97-0.840.870.990.510.950.830.850.60.97-0.81-0.830.990.670.84-0.840.890.870.870.80.780.12
0.680.730.740.65-0.750.710.750.280.80.630.80.160.72-0.71-0.750.720.230.5-0.750.620.920.70.510.890.13
0.920.940.740.95-0.880.840.920.480.850.790.850.670.88-0.88-0.90.890.720.82-0.870.850.820.880.610.720.39
0.980.970.650.95-0.810.90.960.460.870.880.880.710.95-0.76-0.780.950.770.86-0.810.930.810.820.760.730.19
-0.74-0.84-0.75-0.88-0.81-0.7-0.77-0.57-0.74-0.61-0.72-0.61-0.70.940.95-0.8-0.64-0.651.0-0.61-0.78-0.97-0.36-0.6-0.48
0.90.870.710.840.9-0.70.870.430.770.990.970.660.87-0.64-0.690.850.710.76-0.70.930.90.660.750.88-0.03
0.990.990.750.920.96-0.770.870.410.970.840.870.520.99-0.74-0.770.980.60.84-0.770.910.870.810.850.820.06
0.430.510.280.480.46-0.570.430.410.330.350.270.690.36-0.59-0.580.490.690.13-0.570.370.370.520.280.220.14
0.920.950.80.850.87-0.740.770.970.330.730.80.310.96-0.72-0.740.960.40.78-0.740.80.880.80.830.83-0.01
0.890.830.630.790.88-0.610.990.840.350.730.960.650.85-0.54-0.60.810.710.77-0.610.940.850.570.770.85-0.08
0.880.850.80.850.88-0.720.970.870.270.80.960.540.87-0.65-0.70.820.60.78-0.720.90.930.670.70.920.06
0.610.60.160.670.71-0.610.660.520.690.310.650.540.48-0.58-0.580.530.990.5-0.610.640.370.550.30.250.37
0.990.970.720.880.95-0.70.870.990.360.960.850.870.48-0.65-0.690.970.560.82-0.70.930.860.740.90.83-0.03
-0.7-0.81-0.71-0.88-0.760.94-0.64-0.74-0.59-0.72-0.54-0.65-0.58-0.651.0-0.75-0.61-0.680.94-0.56-0.73-0.93-0.33-0.54-0.56
-0.73-0.83-0.75-0.9-0.780.95-0.69-0.77-0.58-0.74-0.6-0.7-0.58-0.691.0-0.77-0.62-0.70.94-0.6-0.78-0.93-0.37-0.6-0.51
0.970.990.720.890.95-0.80.850.980.490.960.810.820.530.97-0.75-0.770.610.8-0.80.870.860.840.840.790.01
0.680.670.230.720.77-0.640.710.60.690.40.710.60.990.56-0.61-0.620.610.56-0.640.710.440.590.390.320.34
0.850.840.50.820.86-0.650.760.840.130.780.770.780.50.82-0.68-0.70.80.56-0.640.780.710.720.660.640.18
-0.74-0.84-0.75-0.87-0.811.0-0.7-0.77-0.57-0.74-0.61-0.72-0.61-0.70.940.94-0.8-0.64-0.64-0.61-0.77-0.97-0.36-0.6-0.47
0.950.890.620.850.93-0.610.930.910.370.80.940.90.640.93-0.56-0.60.870.710.78-0.610.80.620.840.79-0.01
0.840.870.920.820.81-0.780.90.870.370.880.850.930.370.86-0.73-0.780.860.440.71-0.770.80.750.710.96-0.03
0.770.870.70.880.82-0.970.660.810.520.80.570.670.550.74-0.93-0.930.840.590.72-0.970.620.750.430.570.45
0.860.80.510.610.76-0.360.750.850.280.830.770.70.30.9-0.33-0.370.840.390.66-0.360.840.710.430.75-0.43
0.790.780.890.720.73-0.60.880.820.220.830.850.920.250.83-0.54-0.60.790.320.64-0.60.790.960.570.75-0.2
0.050.120.130.390.19-0.48-0.030.060.14-0.01-0.080.060.37-0.03-0.56-0.510.010.340.18-0.47-0.01-0.030.45-0.43-0.2
Click cells to compare fundamentals

EuroDry Account Relationship Matchups

EuroDry fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets107.5M161.3M199.5M231.1M265.7M155.2M
Short Long Term Debt Total51.1M78.7M81.2M103.9M119.5M69.7M
Other Current Liab4.1M1.4M1.0M4.2M4.8M5.1M
Total Current Liabilities19.3M17.7M27.2M25.5M29.3M17.3M
Total Stockholder Equity50.5M78.9M113.9M109.7M126.1M73.7M
Net Tangible Assets41.8M34.6M78.9M113.9M131.0M137.6M
Property Plant And Equipment Net99.3M128.5M149.0M203.5M234.1M129.6M
Current Deferred Revenue246.1K1.5M351.6K346.8K398.9K477.3K
Net Debt50.2M51.8M47.2M95.9M110.3M57.9M
Retained Earnings(18.5M)10.9M44.5M41.6M47.8M50.2M
Accounts Payable1.1M855.8K3.0M3.1M3.6M3.8M
Cash938.3K26.8M34.0M8.0M9.2M11.2M
Non Current Assets Total101.5M130.9M151.6M206.8M237.9M135.6M
Non Currrent Assets Other2.2M2.4M2.6M3.3M3.0M4.3M
Other Assets2.7M2.2M2.4M1.9M1.7M1.6M
Long Term Debt37.3M64.7M58.4M86.1M99.0M56.5M
Cash And Short Term Investments938.3K26.8M34.0M10.8M12.4M11.6M
Net Receivables2.0M2.0M9.9M8.9M10.2M5.5M
Common Stock Shares Outstanding2.3M2.5M2.9M2.8M3.2M2.7M
Liabilities And Stockholders Equity107.5M161.3M199.5M231.1M265.7M155.2M
Non Current Liabilities Total37.7M64.7M58.4M86.1M99.1M62.9M
Inventory1.4M770.3K1.1M4.1M4.7M5.0M
Other Current Assets1.7M774.3K1.7M440.0K506.0K480.7K
Other Stockholder Equity53.0M68.0M69.4M68.1M78.3M58.8M
Total Liab57.0M82.4M85.6M111.6M128.4M80.2M
Property Plant And Equipment Gross99.3M128.5M149.0M250.8M288.5M302.9M
Short Long Term Debt13.8M13.9M22.9M17.8M20.5M12.6M
Total Current Assets6.1M30.4M47.9M24.2M27.9M19.7M
Short Term Debt13.8M13.9M22.9M17.8M20.5M13.1M
Common Stock23.5K29.2K29.0K28.3K25.5K24.2K
Property Plant Equipment105.5M99.3M128.5M149.0M171.4M116.2M
Net Invested Capital85.7M157.6M195.2M213.6M245.6M145.9M
Net Working Capital(13.2M)12.7M20.7M(1.3M)(1.4M)(1.4M)
Capital Stock16.0M29.2K29.0K28.3K25.5K24.2K

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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.