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Euroseas (NAS:ESEA) Equity-to-Asset

: 0.53 (As of Mar. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Euroseas's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $191.8 Mil. Euroseas's Total Assets for the quarter that ended in Mar. 2023 was $361.1 Mil. Therefore, Euroseas's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.53.

The historical rank and industry rank for Euroseas's Equity-to-Asset or its related term are showing as below:

ESEA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.52   Max: 0.79
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Euroseas was 0.79. The lowest was 0.04. And the median was 0.52.

ESEA's Equity-to-Asset is ranked better than
59.87% of 952 companies
in the Transportation industry
Industry Median: 0.47 vs ESEA: 0.53

Euroseas Equity-to-Asset Historical Data

The historical data trend for Euroseas's Equity-to-Asset 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.

* Premium members only.

Euroseas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.22 0.25 0.35 0.51

Euroseas Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.46 0.48 0.51 0.53

Competitive Comparison

For the Marine Shipping subindustry, Euroseas's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

   

Euroseas Equity-to-Asset Distribution

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

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



Euroseas Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Euroseas's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=168.155/328.59
=0.51

Euroseas's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=191.804/361.053
=0.53

* 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.


Euroseas  (NAS:ESEA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Euroseas Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Euroseas's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Euroseas (NAS:ESEA) Business Description

Euroseas logo
Traded in Other Exchanges
Address
4 Messogiou and Evropis Street, Maroussi, GRC, 151 24
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.

Euroseas (NAS:ESEA) Headlines

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