EuroDry (EDRY) Balance Sheet: Assets & Liabilities

EuroDry (EDRY) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), EuroDry reported total assets of $212.10M and total liabilities of $109.59M. Shareholders' equity was $102.51M, down 2.9% from $105.59M a year earlier. Total debt stood at $102.88M against $20.40M in cash and short-term investments, a net debt position of $82.48M. That puts debt-to-equity at 1.00, compared with 1.02 a year earlier.

EuroDry Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for EuroDry Ltd. (EDRY) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	20.32	6.71	8.00	34.04	26.85	0.94	5.40	4.38	1.26
Short-Term Investments	0.00	0.00	2.80	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	20.40	6.83	10.80	34.04	26.85	0.94	5.40	4.38	1.26
Accounts Receivable	3.31	8.43	8.87	7.15	2.02	1.99	2.30	8.55	4.94
Inventory	1.31	2.10	4.12	1.06	0.77	1.39	0.51	0.57	0.45
Other Current Assets	2.75	4.97	0.44	5.30	0.77	1.74	1.37	0.98	0.97
Total Current Assets	28.62	23.33	24.23	47.89	30.41	6.06	9.58	14.47	7.62
Non-Current Assets
Property, Plant & Equipment (Net)	180.28	192.65	203.53	149.02	128.49	99.31	105.46	110.64	81.98
Long-Term Investments	3.20	0.14	3.30	0.71	2.43	2.15	2.65	2.61	2.80
Other Non-Current Assets	3.20	3.75	0.00	1.89	0.00	0.00	0.00	0.00	5.05
Total Non-Current Assets	183.48	196.41	206.83	151.61	130.92	101.46	108.11	113.24	89.83
Total Assets	212.10	219.74	231.05	199.51	161.33	107.51	117.69	127.71	97.45
Current Liabilities
Accounts Payable	2.17	2.67	3.15	2.99	0.86	1.07	1.05	0.69	0.35
Short-Term Debt	12.01	11.81	17.80	22.86	13.95	13.79	6.81	6.93	7.97
Current Portion of Long-Term Debt	12.01	11.81	17.80	22.86	13.95	-	-	-	-
Accrued Liabilities	3.07	3.85	2.32	1.00	0.85	-	-	-	-
Deferred Revenue	0.84	0.25	0.35	0.35	1.51	0.25	0.45	0.20	0.29
Other Current Liabilities	0.63	0.18	4.19	1.00	1.39	4.15	2.87	1.17	1.04
Total Current Liabilities	18.72	18.76	25.48	27.20	17.71	19.26	11.17	13.01	9.64
Non-Current Liabilities
Long-Term Debt	90.87	95.38	86.12	58.36	64.70	37.32	49.69	56.43	30.36
Other Non-Current Liabilities	0.00	0.00	0.02	0.00	0.00	0.39	0.30	0.00	24.59
Total Non-Current Liabilities	90.87	95.38	86.14	58.36	64.70	37.71	49.99	52.41	54.95
Total Liabilities	109.59	114.14	111.63	85.56	82.41	56.97	61.16	65.41	64.59
Stockholders' Equity
Common Stock	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.02	42.52
Retained Earnings	24.69	28.96	41.56	44.47	10.93	-18.47	-11.02	-9.10	-9.66
Accumulated Other Comprehensive Income	0.00	0.00	-	0.00	0.00	0.00	0.00	-26.48	-21.06
Additional Paid-in Capital	68.55	67.75	68.07	69.44	67.96	53.05	52.80	52.62	0.00
Minority Interest	9.23	8.85	9.77	0.00	0.00	0.00	0.00	0.00	0.00
Shares Outstanding	2.89	2.83	2.83	2.90	2.92	-	-	-	-
Total Stockholders' Equity	102.51	105.59	109.66	113.94	78.92	50.54	56.53	62.30	32.86
Total Liabilities & Equity	212.10	219.74	231.05	199.51	161.33	107.51	117.69	127.71	97.45

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About EuroDry Balance Sheet

How much debt does EuroDry have?

EuroDry had total debt of $102.88M as of Dec 31, 2025, against $20.40M in cash and short-term investments. Its debt-to-equity ratio was 1.00. Total debt was $107.19M a year earlier.

What are EuroDry's total assets?

EuroDry reported total assets of $212.10M as of Dec 31, 2025, down 3.5% from $219.74M a year earlier. Total liabilities were $109.59M.

What is EuroDry's shareholders' equity?

EuroDry's shareholders' equity was $102.51M as of Dec 31, 2025, or about $35.46 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition