Euroseas Historical Income Statement
| ESEA Stock | USD 38.10 0.57 1.47% |
Historical analysis of Euroseas income statement accounts such as Total Revenue of 198.8 M or Gross Profit of 125.9 M can show how well Euroseas performed in making a profits. Evaluating Euroseas income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Euroseas's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Euroseas latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Euroseas is a good buy for the upcoming year.
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About Euroseas Income Statement Analysis
Euroseas Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Euroseas shareholders. The income statement also shows Euroseas investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Euroseas Income Statement Chart
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Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Euroseas. It is also known as Euroseas overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Euroseas 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 Euroseas is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Euroseas' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Euroseas current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Euroseas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.At present, Euroseas' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 198.8 M, whereas Depreciation And Amortization is forecasted to decline to about 13.9 M.
| 2023 | 2024 (projected) | Interest Income | 1.2M | 1.2M | Non Recurring | 5.3M | 4.3M |
Euroseas income statement Correlations
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Euroseas Account Relationship Matchups
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Euroseas income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 4.3M | 6.6M | 7.2M | 18.5M | 22.8M | 13.9M | |
| Interest Expense | 3.4M | 4.1M | 2.8M | 5.1M | 6.4M | 6.8M | |
| Total Revenue | 40.0M | 53.3M | 93.9M | 182.7M | 189.4M | 198.8M | |
| Gross Profit | 8.1M | 12.6M | 52.1M | 114.5M | 119.9M | 125.9M | |
| Other Operating Expenses | 38.0M | 46.3M | 48.2M | 76.1M | 69.9M | 51.0M | |
| Operating Income | 2.0M | 7.0M | 45.6M | 106.6M | 119.4M | 125.4M | |
| Ebit | 2.0M | 8.2M | 45.7M | 111.3M | 121.0M | 127.0M | |
| Ebitda | 6.3M | 14.8M | 52.9M | 129.8M | 143.8M | 151.0M | |
| Total Operating Expenses | 6.1M | 5.6M | 6.5M | 7.9M | 428.7K | 407.3K | |
| Net Income | (5.1M) | (83.7K) | 43.0M | 106.2M | 114.5M | 120.3M | |
| Income Tax Expense | 3.4M | 4.1M | 2.8M | 395.3K | 1.0 | 0.95 | |
| Selling General Administrative | 6.1M | 8.3M | 7.8M | 9.5M | 10.5M | 7.5M | |
| Cost Of Revenue | 31.9M | 40.7M | 41.8M | 68.2M | 69.5M | 37.9M | |
| Income Before Tax | (1.7M) | 4.0M | 42.9M | 106.2M | 114.5M | 120.3M | |
| Total Other Income Expense Net | (3.7M) | (5.3M) | (2.8M) | (395.3K) | (4.9M) | (5.1M) | |
| Net Income Applicable To Common Shares | (3.5M) | 3.3M | 42.3M | 106.2M | 122.2M | 128.3M | |
| Net Income From Continuing Ops | (1.7M) | 4.0M | 42.9M | 106.2M | 110.2M | 115.7M | |
| Interest Income | 95.8K | 17.0K | 3.5K | 267.4K | 1.2M | 1.2M | |
| Net Interest Income | (3.3M) | (4.1M) | (2.8M) | (4.8M) | (4.4M) | (4.6M) | |
| Reconciled Depreciation | 4.2M | 6.6M | 7.2M | 18.5M | 22.2M | 23.3M |
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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Euroseas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For information on how to trade Euroseas Stock refer to our How to Trade Euroseas Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.