Euroseas (ESEA) Balance Sheet: Assets & Liabilities

Euroseas (ESEA) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Euroseas reported total assets of $700.46M and total liabilities of $237.01M. Shareholders' equity was $463.44M, up 27.7% from $362.95M a year earlier. Total debt stood at $216.81M against $176.46M in cash and short-term investments, a net debt position of $40.35M. That puts debt-to-equity at 0.47, compared with 0.57 a year earlier.

Euroseas 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 Euroseas Ltd. (ESEA) - 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	176.46	73.74	58.61	25.85	26.53	3.56	0.99	6.96	4.12
Cash & Short-Term Investments	176.46	73.92	58.61	25.85	26.53	3.56	0.99	6.96	4.12
Accounts Receivable	10.16	4.55	2.04	0.57	1.27	3.88	2.29	2.99	1.85
Inventory	2.82	3.19	2.54	2.31	2.27	1.66	1.89	1.70	1.65
Other Current Assets	0.98	2.45	0.51	12.60	0.92	0.24	1.14	0.34	10.18
Total Current Assets	192.35	84.71	65.97	46.87	32.89	9.69	6.30	11.99	16.08
Non-Current Assets
Property, Plant & Equipment (Net)	501.80	500.31	353.00	275.65	183.73	98.46	116.23	48.83	139.16
Long-Term Investments	6.30	0.20	0.00	2.67	4.80	2.43	4.33	6.13	4.33
Other Non-Current Assets	6.30	6.20	5.70	3.40	4.80	2.43	0.00	0.00	2.75
Total Non-Current Assets	508.10	506.51	358.70	281.72	188.53	100.89	120.56	54.96	146.25
Total Assets	700.46	591.22	424.67	328.59	221.42	110.58	126.86	66.95	162.33
Current Liabilities
Accounts Payable	3.91	7.40	7.05	5.16	2.80	2.85	3.90	2.29	1.52
Short-Term Debt	19.15	36.93	30.90	55.42	29.03	20.85	17.30	4.87	12.17
Current Portion of Long-Term Debt	19.15	36.93	30.84	55.42	29.03	20.85	-	-	-
Accrued Liabilities	9.04	4.48	1.87	1.76	1.70	1.30	-	-	-
Deferred Revenue	5.29	8.24	11.28	7.73	3.29	0.95	0.97	0.42	0.88
Other Current Liabilities	11.00	0.12	0.16	3.56	2.01	0.19	2.68	4.02	4.84
Total Current Liabilities	39.35	57.17	51.19	73.69	37.15	28.65	24.85	11.59	18.53
Non-Current Liabilities
Long-Term Debt	197.66	168.47	99.16	51.81	89.00	46.58	72.19	31.72	29.83
Other Non-Current Liabilities	0.00	2.63	7.75	34.93	17.46	0.36	1.71	1.07	31.66
Total Non-Current Liabilities	197.66	171.10	106.91	86.75	107.42	46.58	73.90	32.78	61.49
Total Liabilities	237.01	228.27	158.10	160.44	144.56	75.23	98.75	44.38	80.02
Stockholders' Equity
Common Stock	0.21	0.21	0.21	0.21	0.22	0.20	0.17	0.38	0.34
Retained Earnings	204.51	103.85	7.93	-92.60	-187.97	-230.33	-233.68	-230.22	-237.88
Accumulated Other Comprehensive Income	0.00	0.00	-	0.00	0.00	0.00	-	-12.45	-30.21
Additional Paid-in Capital	258.72	258.89	258.43	260.54	264.61	257.47	253.97	233.67	284.24
Shares Outstanding	7.06	7.05	7.01	7.12	7.29	-	-	-	-
Total Stockholders' Equity	463.44	362.95	266.58	168.16	76.86	35.36	28.11	22.58	82.31
Total Liabilities & Equity	700.46	591.22	424.67	328.59	221.42	110.58	126.86	66.95	162.33

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

Frequently Asked Questions About Euroseas Balance Sheet

How much debt does Euroseas have?

Euroseas had total debt of $216.81M as of Dec 31, 2025, against $176.46M in cash and short-term investments. Its debt-to-equity ratio was 0.47. Total debt was $205.40M a year earlier.

What are Euroseas's total assets?

Euroseas reported total assets of $700.46M as of Dec 31, 2025, up 18.5% from $591.22M a year earlier. Total liabilities were $237.01M.

What is Euroseas's shareholders' equity?

Euroseas's shareholders' equity was $463.44M as of Dec 31, 2025, or about $65.68 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