ESEA Euroseas Ltd.
Exchange
NASDAQSector
TransportationIndustry
Marine TransportationMarket Cap.
53.0M
Strong Balance Sheet
ESEA is financially strong with Current Assets covering Total Liabilities.
It's in a fairly liquid position and dependent on the amount and saleability of any inventory; it may have the financial security to survive an economic downturn.
Figures in USD. Fiscal year ends in December
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Cash | - | - | 15.50M | 20.45M | 2.79M | 107.03M | 74.62M | 41.42M | 34.54M | 31.23M |
| Current Assets | 3.19M | - | 16.46M | 25.35M | 9.98M | 118.31M | 92.54M | 58.93M | 46.40M | 38.88M |
| Total Assets | 50.26M | - | 52.84M | 79.54M | 117.51M | 371.19M | 340.62M | 323.42M | 321.68M | 296.15M |
| Current Liabilities | - | - | 13.76M | 18.41M | 21.67M | 35.18M | 21.42M | 30.44M | 25.21M | 21.10M |
| Total Liabilities | - | - | 21.72M | 52.54M | 79.49M | 99.40M | 76.39M | 91.97M | 102.98M | 84.23M |
| Stockholder' Equity | 21.29M | - | 31.11M | 27.00M | 38.01M | 271.79M | 264.23M | 231.45M | 218.69M | 211.92M |
| Current Ratio | - | - | 1.20 | 1.38 | 0.46 | 3.36 | 4.32 | 1.94 | 1.84 | 1.84 |
| TL-to-TA | - | - | 0.41 | 0.66 | 0.68 | 0.27 | 0.22 | 0.28 | 0.32 | 0.28 |
Low or No Reinvestment of Profits over the past 10 years
ESEA has either been retaining a small amount of their earnings or has done so inconsistently.
A lack of consistency could be due to ESEA operating at a loss or them having such a strong economic moat they feel comfortable spending profits on growth.
Be wary of future prospects and if applicable, inspect the moat's sustainability.
Figures in USD. Fiscal year ends in December
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Retained Earnings | - | - | 13.74M | 8.74M | 19.35M | 39.73M | 28.74M | -5.06M | -18.52M | -25.86M |
| Retained Earnings Growth | - | - | - | -36.36% | 121.26% | 105.36% | -27.66% | -117.61% | -265.86% | -39.65% |