Euroseas Total Stockholder Equity vs Net Working Capital Analysis

ESEA Stock  USD 39.45  2.85  6.74%   
Euroseas financial indicator trend analysis is much more than just examining Euroseas latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Euroseas is a good investment. Please check the relationship between Euroseas Total Stockholder Equity and its Net Working Capital accounts. 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.

Total Stockholder Equity vs Net Working Capital

Total Stockholder Equity vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Euroseas Total Stockholder Equity account and Net Working Capital. At this time, the significance of the direction appears to have weak relationship.
The correlation between Euroseas' Total Stockholder Equity and Net Working Capital is 0.35. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Euroseas, assuming nothing else is changed. The correlation between historical values of Euroseas' Total Stockholder Equity and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Euroseas are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Stockholder Equity i.e., Euroseas' Total Stockholder Equity and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.35
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Working Capital

Most indicators from Euroseas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Euroseas 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 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' Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 319.8 M, whereas Selling General Administrative is forecasted to decline to about 7.5 M.
 2023 2024 (projected)
Interest Income1.2M1.2M
Non Recurring5.3M4.3M

Euroseas fundamental ratios Correlations

0.930.971.00.520.080.460.090.410.750.820.850.090.750.20.730.660.380.530.620.730.470.650.730.640.07
0.930.860.930.490.30.180.050.460.460.740.810.310.470.150.50.530.060.610.40.720.380.410.720.650.14
0.970.860.970.390.010.490.190.420.80.780.790.020.780.210.770.610.490.460.620.640.460.660.640.670.03
1.00.930.970.50.070.450.10.420.760.810.820.080.760.180.730.640.410.510.640.70.470.660.70.630.07
0.520.490.390.5-0.240.56-0.27-0.030.370.850.78-0.220.420.050.310.880.120.570.450.840.610.460.840.150.06
0.080.30.010.07-0.24-0.55-0.310.34-0.34-0.190.041.0-0.310.01-0.22-0.35-0.470.1-0.40.05-0.4-0.30.050.32-0.26
0.460.180.490.450.56-0.55-0.01-0.060.80.660.57-0.540.780.120.750.770.690.170.630.510.450.640.510.22-0.05
0.090.050.190.1-0.27-0.31-0.010.060.12-0.05-0.08-0.31-0.020.060.31-0.020.12-0.130.31-0.270.48-0.21-0.270.040.61
0.410.460.420.42-0.030.34-0.060.060.160.20.270.340.29-0.530.05-0.130.31-0.330.290.020.160.330.020.550.27
0.750.460.80.760.37-0.340.80.120.160.660.59-0.330.970.220.880.650.820.180.790.480.440.840.480.38-0.09
0.820.740.780.810.85-0.190.66-0.050.20.660.94-0.170.680.140.610.920.350.630.580.90.650.620.90.460.06
0.850.810.790.820.780.040.57-0.080.270.590.940.060.60.220.620.850.20.670.450.950.540.510.950.590.06
0.090.310.020.08-0.221.0-0.54-0.310.34-0.33-0.170.06-0.30.02-0.21-0.33-0.460.11-0.390.07-0.39-0.290.070.32-0.26
0.750.470.780.760.42-0.310.78-0.020.290.970.680.6-0.30.040.770.610.870.110.780.480.430.940.480.37-0.08
0.20.150.210.180.050.010.120.06-0.530.220.140.220.020.040.440.33-0.180.57-0.010.3-0.06-0.130.30.17-0.3
0.730.50.770.730.31-0.220.750.310.050.880.610.62-0.210.770.440.670.580.310.720.480.430.50.480.510.0
0.660.530.610.640.88-0.350.77-0.02-0.130.650.920.85-0.330.610.330.670.310.650.570.860.650.50.860.25-0.01
0.380.060.490.410.12-0.470.690.120.310.820.350.2-0.460.87-0.180.580.31-0.320.740.040.340.820.040.16-0.03
0.530.610.460.510.570.10.17-0.13-0.330.180.630.670.110.110.570.310.65-0.32-0.040.80.20.060.80.28-0.14
0.620.40.620.640.45-0.40.630.310.290.790.580.45-0.390.78-0.010.720.570.74-0.040.280.690.680.280.310.16
0.730.720.640.70.840.050.51-0.270.020.480.90.950.070.480.30.480.860.040.80.280.420.441.00.41-0.08
0.470.380.460.470.61-0.40.450.480.160.440.650.54-0.390.43-0.060.430.650.340.20.690.420.370.420.160.39
0.650.410.660.660.46-0.30.64-0.210.330.840.620.51-0.290.94-0.130.50.50.820.060.680.440.370.440.25-0.13
0.730.720.640.70.840.050.51-0.270.020.480.90.950.070.480.30.480.860.040.80.281.00.420.440.41-0.08
0.640.650.670.630.150.320.220.040.550.380.460.590.320.370.170.510.250.160.280.310.410.160.250.41-0.01
0.070.140.030.070.06-0.26-0.050.610.27-0.090.060.06-0.26-0.08-0.30.0-0.01-0.03-0.140.16-0.080.39-0.13-0.08-0.01
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Euroseas Account Relationship Matchups

Euroseas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets126.9M110.6M221.5M328.6M424.7M219.4M
Total Stockholder Equity28.1M35.4M76.8M168.2M266.6M134.2M
Property Plant And Equipment Net116.2M98.5M183.9M275.7M267.6M165.2M
Non Current Assets Total120.6M100.9M188.7M281.7M358.7M182.7M
Non Currrent Assets Other4.3M2.4M4.8M6.1M91.1M95.6M
Common Stock Total Equity338.2K375.5K168.0K201.3K181.1K172.1K
Common Stock Shares Outstanding2.9M5.8M7.0M7.2M6.9M7.3M
Liabilities And Stockholders Equity126.9M110.6M221.5M328.6M424.7M219.4M
Other Current Assets1.1M589.3K923.5K10.4M502.8K477.7K
Other Stockholder Equity254.0M257.5M264.6M260.5M258.4M250.7M
Total Liab98.8M75.2M144.7M160.4M158.1M85.2M
Property Plant And Equipment Gross116.2M98.5M183.9M275.7M411.8M432.4M
Total Current Assets6.3M9.7M32.8M46.9M66.0M69.3M
Common Stock168.0K201.3K218.8K213.5K210.4K199.9K
Short Long Term Debt Total89.5M69.4M118.0M107.2M130.0M76.3M
Other Current Liab2.7M1.7M2.0M5.4M3.3M2.6M
Total Current Liabilities24.9M28.6M37.1M73.7M51.2M29.4M
Current Deferred Revenue973.8K949.4K3.3M7.7M11.3M11.8M
Net Debt88.5M65.8M91.5M81.4M71.4M47.0M
Retained Earnings(233.7M)(230.3M)(188.1M)(92.6M)7.9M8.3M
Accounts Payable3.9M2.9M2.8M5.2M5.7M3.1M
Cash985.4K3.6M26.5M25.8M58.6M61.5M
Other Assets4.3M2.4M12.4M65.2M74.9M78.7M
Long Term Debt72.2M46.2M89.0M51.8M99.2M56.4M
Cash And Short Term Investments985.4K3.6M26.5M25.8M58.6M61.5M
Net Receivables2.3M3.9M3.0M6.1M4.3M3.9M
Non Current Liabilities Total73.9M46.6M107.6M86.7M106.9M61.4M
Inventory1.9M1.7M2.2M2.3M2.5M1.8M
Short Term Debt17.3M23.1M29.0M55.4M30.8M20.1M
Property Plant Equipment116.2M98.5M176.3M216.6M194.9M115.6M
Other Liab1.7M362.2K17.6M34.9M40.2M42.2M
Net Tangible Assets20.5M27.3M76.8M168.2M151.3M158.9M
Short Long Term Debt17.3M23.1M29.0M55.4M30.8M26.2M

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.