Euroseas Ltd. (ESEA) quarterly balance sheet — complete assets, liabilities & equity history
Euroseas Ltd. (ESEA) balance sheet — 24-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 219.66M | 211.5M | 192.35M | 160.03M | 160.43M | 100.14M | 84.71M | 87.44M | 78.53M | 64.38M | 65.97M | 62.85M | 45.71M | 44.99M | 46.87M | 33.93M | 10.72M | 54.43M | 32.81M | 10.95M |
| Cash & Short-Term Investments | 196.9M | 193.89M | 176.46M | 100.21M | 100.51M | 88.33M | 73.74M | 77.34M | 69.71M | 49.69M | 58.62M | 48.34M | 31.84M | 29.82M | 25.85M | 27.4M | 4.95M | 49.15M | 26.53M | 5.88M |
| Cash Only | 158.01M | 155.06M | 176.46M | 100.21M | 100.51M | 88.33M | 73.74M | 77.34M | 69.71M | 49.69M | 58.62M | 48.34M | 31.84M | 29.82M | 25.85M | 27.4M | 4.95M | 49.15M | 26.53M | 5.88M |
| Short-Term Investments | 38.89M | 38.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 18.55M | 13.45M | 11.53M | 9.77M | 9.9M | 6.12M | 5.33M | 5.18M | 5.1M | 5.67M | 4.31M | 10.16M | 8.77M | 11.03M | 6.12M | 1.33M | 1.49M | 2.41M | 3M | 2.75M |
| Days Sales Outstanding | 25.77 | 20.12 | 17.07 | 15.9 | 12.74 | 9.14 | 9.07 | 8.73 | 8.34 | 9.72 | 13.57 | 17.19 | 18.89 | 18.4 | 7.99 | 2.83 | 3.66 | 5.36 | 6.91 | 13.6 |
| Inventory | 3.17M | 3.03M | 2.82M | 2.67M | 2.87M | 3.32M | 3.19M | 3.13M | 2.76M | 3.06M | 2.54M | 2.75M | 2.57M | 2.54M | 2.31M | 2.4M | 2.43M | 1.87M | 2.19M | 1.72M |
| Days Inventory Outstanding | 15.06 | 14.53 | 13.32 | 12.03 | 13.64 | 13.11 | 12.8 | 13.49 | 13.73 | 10.84 | 12.52 | 14.04 | 14.05 | 13.52 | 10.6 | 11.67 | 13.54 | 12.81 | 15.01 | 12.23 |
| Other Current Assets | 0 | -162.41K | 564.03K | 45.93M | 45.98M | 1.07M | 1.89M | 833.38K | 181.4K | 4.45M | 2.99K | 421.15K | 444.07K | 10.48M | 10.05M | 2.17M | 984.55K | 419.81K | 540.75K | 160.86K |
| Total Non-Current Assets | 533.28M | 511.18M | 508.1M | 514.74M | 501.68M | 548.61M | 506.51M | 493.42M | 469.01M | 401.57M | 358.7M | 346.06M | 348.42M | 316.06M | 281.72M | 287.77M | 277.81M | 187.32M | 188.7M | 109.07M |
| Property, Plant & Equipment | 526.98M | 459.55M | 501.8M | 508.44M | 495.38M | 542.31M | 443.39M | 486.52M | 420.5M | 308.06M | 267.63M | 339.96M | 342.94M | 309.73M | 275.65M | 280.58M | 271.4M | 180.8M | 183.9M | 104.61M |
| Fixed Asset Turnover | 0.11x | 0.12x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.12x | 0.16x | 0.16x | 0.16x | 0.15x | 0.15x | 0.14x | 0.15x | 0.17x | 0.21x | 0.25x | 0.27x | 0.23x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 6.3M | 6.3M | 6.3M | 6.3M | 6.3M | 6.3M | 6.2M | 6.9M | 6.98M | 5.84M | 5.7M | 6.1M | 5.47M | 6.33M | 6.07M | 7.19M | 6.41M | 6.52M | 4.8M | 4.46M |
| Other Non-Current Assets | 0 | 45.33M | 0 | 0 | 0 | 0 | 56.92M | 0 | 48.51M | 87.66M | 85.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 752.95M | 722.68M | 700.46M | 674.77M | 662.11M | 648.75M | 591.22M | 580.86M | 547.54M | 465.94M | 424.67M | 408.91M | 394.13M | 361.05M | 328.59M | 321.7M | 288.53M | 241.76M | 221.51M | 120.02M |
| Asset Turnover | 0.08x | 0.08x | 0.08x | 0.09x | 0.09x | 0.09x | 0.09x | 0.10x | 0.12x | 0.10x | 0.12x | 0.13x | 0.13x | 0.12x | 0.13x | 0.15x | 0.18x | 0.20x | 0.22x | 0.20x |
| Asset Growth % | 13.72% | 11.4% | 18.48% | 16.17% | 20.93% | 39.23% | 39.22% | 42.05% | 38.92% | 29.05% | 29.24% | 27.11% | 36.6% | 49.35% | 48.34% | 168.03% | 155.54% | 121.27% | 100.31% | 6.16% |
| Total Current Liabilities | 40.25M | 38.75M | 39.35M | 44.53M | 50.02M | 57.47M | 57.17M | 52.96M | 53.62M | 67.03M | 51.19M | 46.76M | 63.1M | 68.52M | 73.69M | 54.54M | 47.05M | 41.32M | 37.15M | 21.59M |
| Accounts Payable | 3.83M | 4.2M | 3.91M | 5.22M | 3.79M | 4.99M | 5.74M | 4M | 7M | 8.79M | 5.75M | 3.66M | 3.67M | 5.68M | 5.16M | 4.57M | 3.23M | 3.92M | 2.8M | 3M |
| Days Payables Outstanding | 19.49 | 20.15 | 22.16 | 19.56 | 19.35 | 21.61 | 19.73 | 25.2 | 37.24 | 28.15 | 22.29 | 19.34 | 25.7 | 30.26 | 21.89 | 18.85 | 22.52 | 21.22 | 22.35 | 19.69 |
| Short-Term Debt | 17.7M | 18.3M | 19.15M | 20M | 20.85M | 30.3M | 36.93M | 37.59M | 38.62M | 38.61M | 30.84M | 29.04M | 45.26M | 50.53M | 55.42M | 39.77M | 39.64M | 34.05M | 29.03M | 14.79M |
| Deferred Revenue (Current) | 4.57M | 5.23M | 5.29M | 4.13M | 5.17M | 9.97M | 8.24M | 6.01M | 4.1M | 11.47M | 11.28M | 10.54M | 11.59M | 10.52M | 7.73M | 6.46M | 2.34M | 1.89M | 3.29M | 1.07M |
| Other Current Liabilities | 14.16M | 291.83K | 0 | 5M | 5.18M | 0 | 1.78M | 0 | 0 | 0 | 2.84M | 0 | 1.29M | 0 | 5.16M | 0 | 0 | 0 | 1.1M | 277.06K |
| Current Ratio | 5.46x | 5.46x | 4.89x | 3.59x | 3.21x | 1.74x | 1.48x | 1.65x | 1.46x | 0.96x | 1.29x | 1.34x | 0.72x | 0.66x | 0.64x | 0.62x | 0.23x | 1.32x | 0.88x | 0.51x |
| Quick Ratio | 5.38x | 5.38x | 4.82x | 3.53x | 3.15x | 1.68x | 1.43x | 1.59x | 1.41x | 0.91x | 1.24x | 1.29x | 0.68x | 0.62x | 0.60x | 0.58x | 0.18x | 1.27x | 0.82x | 0.43x |
| Cash Conversion Cycle | 21.34 | 14.51 | 8.23 | 8.37 | 7.03 | 0.64 | 2.13 | -2.98 | -15.17 | -7.59 | 3.81 | 11.89 | 7.24 | 1.66 | -3.3 | -4.35 | -5.31 | -3.05 | -0.43 | 6.14 |
| Total Non-Current Liabilities | 188.82M | 193.24M | 197.66M | 202.16M | 209.11M | 214.02M | 171.1M | 184.49M | 174.3M | 116.19M | 106.91M | 117.05M | 113.84M | 100.73M | 86.75M | 113.91M | 107.5M | 93.43M | 107.59M | 44.44M |
| Long-Term Debt | 188.82M | 193.24M | 197.66M | 202.09M | 206.52M | 211.54M | 168.47M | 180.42M | 167.46M | 108.79M | 99.16M | 108.22M | 86.54M | 69.59M | 51.81M | 75.09M | 64.8M | 77.18M | 89M | 44.44M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 73.59K | 2.59M | 2.48M | 2.63M | 4.07M | 6.84M | 7.4M | 7.75M | 8.83M | 27.3M | 31.14M | 34.93M | 38.82M | 42.7M | 16.24M | 18.59M | 0 |
| Total Liabilities | 229.07M | 231.99M | 237.01M | 246.69M | 259.13M | 271.49M | 228.27M | 237.45M | 227.92M | 183.22M | 158.1M | 163.81M | 176.94M | 169.25M | 160.44M | 168.45M | 154.55M | 134.75M | 144.74M | 66.03M |
| Total Debt | 206.52M | 211.54M | 216.81M | 222.09M | 227.37M | 241.84M | 205.4M | 218.01M | 206.08M | 147.39M | 130M | 137.26M | 131.8M | 120.12M | 107.23M | 114.86M | 104.44M | 111.24M | 118.04M | 59.23M |
| Net Debt | 48.5M | 56.48M | 40.35M | 121.88M | 126.86M | 153.51M | 131.66M | 140.67M | 136.37M | 97.7M | 71.39M | 88.92M | 99.96M | 90.29M | 81.39M | 87.47M | 99.48M | 62.09M | 91.51M | 53.35M |
| Debt / Equity | 0.39x | 0.43x | 0.47x | 0.52x | 0.56x | 0.64x | 0.57x | 0.63x | 0.64x | 0.52x | 0.49x | 0.56x | 0.61x | 0.63x | 0.64x | 0.75x | 0.78x | 1.04x | 1.54x | 1.10x |
| Debt / EBITDA | 5.07x | 5.20x | 5.33x | 5.69x | 5.60x | 4.98x | 6.03x | 5.84x | 4.19x | 5.71x | 3.86x | 3.50x | 3.83x | 3.44x | 4.00x | 3.82x | 2.90x | 3.44x | 4.48x | 5.57x |
| Net Debt / EBITDA | 1.19x | 1.39x | 0.99x | 3.12x | 3.12x | 3.16x | 3.87x | 3.77x | 2.77x | 3.78x | 2.12x | 2.27x | 2.90x | 2.58x | 3.04x | 2.91x | 2.76x | 1.92x | 3.47x | 5.02x |
| Interest Coverage | 12.73x | 11.81x | 12.81x | 9.06x | 8.52x | 10.45x | 7.95x | 9.49x | 20.84x | 12.11x | 10.83x | 18.59x | 25.07x | 33.39x | 13.74x | 19.97x | 28.16x | 30.51x | 30.31x | 14.62x |
| Total Equity | 523.88M | 490.69M | 463.44M | 428.08M | 402.98M | 377.26M | 362.95M | 343.4M | 319.62M | 282.72M | 266.58M | 245.1M | 217.18M | 191.8M | 168.16M | 153.25M | 133.98M | 107.01M | 76.77M | 54M |
| Equity Growth % | 30% | 30.07% | 27.69% | 24.66% | 26.08% | 33.44% | 36.15% | 40.11% | 47.17% | 47.4% | 58.53% | 59.94% | 62.1% | 79.24% | 119.04% | 183.8% | 194.14% | 183.31% | 117.14% | 67.93% |
| Book Value per Share | 74.72 | 70.19 | 66.28 | 61.33 | 57.94 | 54.09 | 51.93 | 49.11 | 45.80 | 40.57 | 38.39 | 35.37 | 31.22 | 27.35 | 23.68 | 21.25 | 18.58 | 14.75 | 10.60 | 7.46 |
| Total Shareholders' Equity | 518.86M | 490.69M | 463.44M | 428.08M | 402.98M | 377.26M | 362.95M | 343.4M | 319.62M | 282.72M | 266.58M | 245.1M | 217.18M | 191.8M | 168.16M | 153.25M | 133.98M | 107.01M | 76.77M | 54M |
| Common Stock | 211.66K | 211.68K | 211.68K | 210.2K | 210.2K | 210.3K | 211.47K | 210.41K | 210.41K | 210.41K | 210.43K | 208.62K | 209.87K | 210.39K | 213.49K | 214.87K | 218.4K | 218.84K | 218.84K | 217.35K |
| Retained Earnings | 259.31M | 231.74M | 204.51M | 168.96M | 144.16M | 118.86M | 103.85M | 83.69M | 60.26M | 23.72M | 7.93M | -13.28M | -42M | -67.38M | -92.6M | -109.33M | -130.93M | -158.03M | -188.06M | -210.73M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.06M | -818K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 5.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |