Debt to EBITDA ratio Analysis of Euroseas Ltd - Deep Dive
WARN : Please note that some of the values may not be in base currency

Debt to EBITDA of ESEA
Dec-23
0.943
Excellent Debt to EBITDA
Dec-22
0.826
Excellent Debt to EBITDA
Growth
14.17
%
Debt to EBITDA Analysis of Euroseas Ltd
Debt to EBITDA Ratio 0.943 of Euroseas Ltd shows that the company is financially strong and has enough profit to pay off its debt.
Debt to EBITDA Ratio of ESEA has grown by 14.17 % Compared to previous Financial Year.
Debt to EBITDA Ratio with value of 15.11 was highest in Year Dec-19 in last Five Years.
Debt to EBITDA Ratio with value of 0.826 was lowest in Year Dec-22 in last Five Years.
Latest Debt to EBITDA Ratio with value of 0.943 is lower than Average Debt to EBITDA of 4.76 in last five years.
Other Debt to EBITDA Related Info of ESEA that may interest you.
Euroseas Ltd Overview
CodePricePrevious PricePrice ChangeSector
ESEA38.6239.34 1.83 % Marine Shipping
Fundamental AnalysisTechnical Analysis
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization.    more ..
Debt to EBITDA Formula

Debt to EBITDA Related Ratios
CashFlowFromOperationToDebtDebtToCapitalEVToEBITDA

Tsr Stability Index
Good Stability
FY - Historical Debt to EBITDA of Euroseas Ltd
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Debt to EBITDA0.9430.8262.234.7015.115.8612.80
Change14.17 %-63.02 %-52.44 %-68.93 %158.07 %-54.27 %911.48 %
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FY Chart of Debt to EBITDA of Euroseas Ltd


Note : All Data Generated at the End of Trading Hours (EOD Data)