Debt to Equity Ratio Analysis of Euroseas Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Very Good Debt to Equity
0.488
Period Ending - Dec-22
Good Debt to Equity
0.638
Growth
-23.53 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.116
Debt to Equity Analysis of Euroseas Ltd
| Debt to Equity Ratio 0.488 of Euroseas Ltd indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of ESEA drastically fell by -23.53 % this year. |
| Debt to Equity Ratio with value of 3.18 was highest in Year Dec-19 in last Five Years. |
| Debt to Equity Ratio of ESEA trending down for at least three Years. |
| Latest Debt to Equity Ratio with value of 0.488 is lower than Average Debt to Equity of 1.56 in last five years. |
Other Debt to Equity Related Info of ESEA that may interest you.
Euroseas Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ESEA | 38.62 | 39.34 | 1.83 % | Marine Shipping |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Debt to Equity Ratio of Euroseas Ltd
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.488 | 0.638 | 1.54 | 1.96 | 3.18 | 1.62 | 0.879 |
| Change | -23.53 % | -58.53 % | -21.63 % | -38.37 % | 96.46 % | 84.36 % | -8.39 % |
FY Chart of Debt to Equity Ratio of Euroseas Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)