Euroseas (Euroseas) Gross-Profit-to-Asset %

: 28.46% (As of Dec. 2023)

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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Euroseas's annualized Gross Profit for the quarter that ended in Dec. 2023 was $118.6 Mil. Euroseas's average Total Assets over the quarter that ended in Dec. 2023 was $416.8 Mil. Therefore, Euroseas's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 28.46%.

Euroseas Gross-Profit-to-Asset % Historical Data

The historical data trend for Euroseas's Gross-Profit-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

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

8.35

10.62

31.46

41.64

31.82

Euroseas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %																27.62	29.96	33.00	33.11	28.46

Competitive Comparison

For the Marine Shipping subindustry, Euroseas's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Gross-Profit-to-Asset % Distribution

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

* The bar in red indicates where Euroseas's Gross-Profit-to-Asset % falls into.

Euroseas Gross-Profit-to-Asset % Calculation

Euroseas's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	119.86	/	( (328.59	+	424.673)	/ 2 )
	=	119.86	/	376.6315
	=	31.82 %

Euroseas's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	118.612	/	( (408.91	+	424.673)	/ 2 )
	=	118.612	/	416.7915
	=	28.46 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Euroseas Gross-Profit-to-Asset % Related Terms

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Euroseas (Euroseas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Euroseas Ltd (NAS:ESEA) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

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.