EuroDry Limited (EDRY) - Debt to Equity

EuroDry Limited (EDRY) - corporate logo

The share price history of EuroDry Ltd. (EDRY) demonstrates a dependence on market volatility, with the total debt-to-equity ratio standing at 1.01. The water transport business is protected by the high value of the fleet but remains vulnerable to freight rates. Growth is driven by vessel expansion and demand for grain cargoes. Route digitalization has been implemented, although technical service still requires manual labor from specialists.

EDRY: EuroDry Ltd Debt to Capital Ratio 07/04/2022 - 10/29/2026
Core merchandise of EuroDry Limited

This ratio measures debt load by comparing total liabilities to equity to assess financial stability and the degree of reliance on borrowed funds. The dynamics of the business's debt-to-equity ratio reflect the ability of EuroDry Ltd. (EDRY) to finance the operation of its dry bulk fleet and the diversification of raw material shipments without risking insolvency amid global demand volatility.

Competitor analysis for EuroDry Ltd.

Debt to Equity Matson|Debt to Equity HAFN|Debt to Equity Euronav Tankers (CMBT)|BWLP - Debt to Capital|Total Debt to Capital TRMD (TORM plc)|Debt to Capital Ratio starbulk.com|ZIM Integrated Shipping Services - Total Debt to Capital|Total Debt to Capital Coefficient Danaos Corp DAC|Costamare Shipping (CMRE) - Debt to Equity|GSL - Total Debt to Capital Coefficient|Total Debt to Equity Ratio SFL|TK (teekay.com) - Aggregate Debt to Capital|Total Debt to Equity Ratio ASC (Ardmore Shipping Corporation)|SB (Safe Bulkers Inc) - All Debt to Shareholders' Equity Ratio|Euroseas Shipping - Total Debt to Equity Ratio|CMDB - Total Debt to Equity Ratio|Uni-Fuels Holdings - Total Debt to Capital|DSX - Total Debt to Capital|VNTG (vantageshipbrokers.com) - Total Debt to Equity Ratio|SMHI: Aggregate Debt to Capital|SHIP (Seanergy Maritime Holdings Corp.) - Total Debt to Capital|Debt to Capital torocorp.com TORO|Debt to Equity High-Trend International (HTCO)|NCT (nctintercont.com) - All Debt to Shareholders' Equity Ratio|Total Debt to Capital PXS (Pyxis Tankers)|Top Ships Inc (TOPS) - Debt to Capital|PSHG: Total Debt to Equity Ratio|GLBS - Total Debt to Capital|castormaritime.com (CTRM) - Debt to Equity|CBL International Limited - All Debt to Shareholders' Equity Ratio|Debt to Equity United Maritime Corporation|Debt to Capital Robin Energy Ltd. RBNE|Total Debt to Capital CIIT|petrolinkhk.com - Debt to Equity Ratio|Debt to Equity Singularity Future Technology Ltd. SGLY|All Debt to Shareholders' Equity Ratio CISS|ICON: Total Debt to Equity Ratio|Debt to Capital Heidmar Maritime|TMDE (tmdel.com) - Total Debt to Equity Ratio|Caravelle Group - All Debt to Shareholders' Equity Ratio|Debt to Equity Capital Product|Debt to Equity ESEAV