Euroseas (NAS:ESEA) Debt-to-Revenue

: 0.72 (As of Mar. 2023)

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Debt-to-Revenue measures a company's ability to pay off its debt.

Euroseas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $50.5 Mil. Euroseas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $69.6 Mil. Euroseas's annualized Revenue for the quarter that ended in Mar. 2023 was $167.7 Mil. Euroseas's annualized Debt-to-Revenue for the quarter that ended in Mar. 2023 was 0.72.

Euroseas Debt-to-Revenue Historical Data

The historical data trend for Euroseas's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Euroseas Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Revenue

1.06

2.24

1.30

1.26

0.59

Euroseas Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Revenue																0.61	0.54	0.63	0.63	0.72

Competitive Comparison

For the Marine Shipping subindustry, Euroseas's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

Euroseas Debt-to-Revenue Distribution

For the Transportation industry and Industrials sector, Euroseas's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Euroseas's Debt-to-Revenue falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Revenue's extreme value range as defined by GuruFocus.

Euroseas Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Euroseas's Debt-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(55.42	+	51.812)	/	182.694
	=	0.59

Euroseas's annualized Debt-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(50.525	+	69.593)	/	167.748
	=	0.72

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2023) Revenue data.

Euroseas Debt-to-Revenue Related Terms

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Euroseas (NAS:ESEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Euroseas Ltd (NAS:ESEA) » Definitions » Debt-to-Revenue

Traded in Other Exchanges

2LE1:Germany

Address

4 Messogiou and Evropis Street, Maroussi, GRC, 151 24

Website

http://www.euroseas.gr

Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.