Safe Financial Statements From 2010 to 2026

Stocks . USA . 
Stock . Safe Bulkers
SB Stock  USD 5.71  0.09  1.60%   
Safe Bulkers' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Safe Bulkers' valuation are provided below:
Gross Profit
161.9 M
Profit Margin
0.1678
Market Capitalization
584.3 M
Enterprise Value Revenue
3.5539
Revenue
274.7 M
We have found one hundred twenty available fundamental trend indicators for Safe Bulkers, which can be analyzed and compared to other ratios and to its competition. All investors should make sure to double-check all of Safe Bulkers current market performance against the performance between 2010 and 2026 to make sure the company can sustain itself down the road. As of February 2, 2026, Market Cap is expected to decline to about 456.8 M. In addition to that, Enterprise Value is expected to decline to about 861.2 M

Safe Bulkers Total Revenue

215.52 Million

Check Safe Bulkers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Safe Bulkers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 41.4 M, Interest Expense of 42.2 M or Selling General Administrative of 16.9 M, as well as many indicators such as Price To Sales Ratio of 2.72, Dividend Yield of 0.14 or PTB Ratio of 0.5. Safe financial statements analysis is a perfect complement when working with Safe Bulkers Valuation or Volatility modules.
  
Build AI portfolio with Safe Stock
Check out the analysis of Safe Bulkers Correlation against competitors.
For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.

Safe Bulkers Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.1 B1.6 B1.1 B
Slightly volatile
Short and Long Term Debt Total544.9 M617.1 M520.7 M
Slightly volatile
Other Current Liabilities17.1 M10.7 M19 M
Slightly volatile
Total Current Liabilities55.8 M77.8 M72.1 M
Very volatile
Total Stockholder Equity505.8 M956.4 M578.7 M
Slightly volatile
Property Plant And Equipment Net924.7 M1.4 B974.2 M
Slightly volatile
Current Deferred Revenue6.4 M5.9 M7.8 M
Pretty Stable
Net Debt465.1 M520.4 M438 M
Slightly volatile
Retained Earnings612.6 M583.4 M297.2 M
Slightly volatile
Accounts Payable6.2 M11.4 M7 M
Slightly volatile
Non Current Assets Total950.3 M1.4 B991.8 M
Slightly volatile
Non Currrent Assets Other30.8 K32.4 K3.5 M
Slightly volatile
Other Assets8.2 M8.6 M17.7 M
Pretty Stable
Long Term Debt503.7 M550.2 M479.2 M
Pretty Stable
Cash And Short Term Investments100.6 M147.7 M101.3 M
Slightly volatile
Net Receivables12.2 M13.6 M12.6 M
Pretty Stable
Common Stock Shares Outstanding93.7 M123.7 M94.6 M
Slightly volatile
Liabilities And Stockholders Equity1.1 B1.6 B1.1 B
Slightly volatile
Non Current Liabilities Total515.2 M557.8 M484.8 M
Pretty Stable
Inventory18 M17.1 M9.7 M
Slightly volatile
Other Current Assets6 M6.3 M27.7 M
Slightly volatile
Total Liabilities592 M657.2 M559.4 M
Pretty Stable
Property Plant And Equipment Gross2.1 B2 B1.1 B
Slightly volatile
Total Current Assets150.4 M190.2 M149.5 M
Very volatile
Short Term Debt40.1 M66.9 M40.3 M
Slightly volatile
Property Plant Equipment921.4 M1.4 B967.5 M
Slightly volatile
Other Liabilities10.6 M10.7 M7.3 M
Pretty Stable
Cash85.8 M96.7 M83.4 M
Very volatile
Common Stock Total Equity89.9 K119.6 K93.5 K
Slightly volatile
Short Term Investments30.4 M51 M26.7 M
Slightly volatile
Common Stock99.7 K120.8 K96.5 K
Slightly volatile
Net Tangible Assets636 M887.7 M622.6 M
Slightly volatile
Deferred Long Term Liabilities891.1 K459 K1.6 M
Slightly volatile
Short and Long Term Debt65.8 M52.4 M155.4 M
Slightly volatile
Preferred Stock Total Equity63.1 K67.8 K51.7 K
Slightly volatile
Long Term Debt Total399.1 M430.6 M509.7 M
Slightly volatile
Capital Surpluse293 M291.7 M358.6 M
Slightly volatile
Cash And Equivalents84.7 M93.2 M80.1 M
Pretty Stable
Net Invested Capital1 B1.6 B1 B
Pretty Stable
Net Working Capital60.5 M90.8 M52.1 M
Slightly volatile
Capital Stock126.5 K130.5 K154.6 K
Slightly volatile

Safe Bulkers Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization41.4 M66.9 M45.2 M
Slightly volatile
Interest Expense42.2 M40.2 M22 M
Slightly volatile
Selling General Administrative16.9 M31.1 M17.3 M
Slightly volatile
Total Revenue215.5 M353.8 M212 M
Slightly volatile
Gross Profit80.3 M126.2 M91.4 M
Slightly volatile
Other Operating Expenses123.5 M225.1 M135.6 M
Slightly volatile
Cost Of Revenue106.1 M192.6 M117.8 M
Slightly volatile
Total Operating Expenses18.4 M32.5 M18.9 M
Slightly volatile
Selling And Marketing Expenses2.1 M2.3 M2.6 M
Slightly volatile
Non Recurring110.2 M105 M64.7 M
Slightly volatile
Interest Income2.9 M3.1 M13.7 M
Slightly volatile
Minority Interest18.9 M20.8 M17.7 M
Slightly volatile
Reconciled Depreciation57.5 M66.9 M53.1 M
Slightly volatile

Safe Bulkers Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation41.5 M66.9 M45.3 M
Slightly volatile
Capital Expenditures94.2 M130.3 M113 M
Very volatile
Dividends Paid43.1 M26.6 M44.7 M
Slightly volatile
Stock Based Compensation125.8 K172.5 K121.3 K
Slightly volatile
End Period Cash Flow82.3 M105.3 M80.9 M
Slightly volatile
Begin Period Cash Flow81.9 M67.9 M77.8 M
Pretty Stable

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.721.442.1476
Slightly volatile
Dividend Yield0.140.08830.1103
Slightly volatile
PTB Ratio0.50.530.7862
Slightly volatile
Days Sales Outstanding34.2320.5724.8086
Slightly volatile
Book Value Per Share4.066.965.9774
Very volatile
Average Payables4 M4.6 M4.9 M
Very volatile
Stock Based Compensation To Revenue7.0E-46.0E-46.0E-4
Pretty Stable
Capex To Depreciation4.182.863.0937
Slightly volatile
PB Ratio0.50.530.7862
Slightly volatile
EV To Sales5.323.134.5166
Slightly volatile
Inventory Turnover20.1712.9416.5386
Slightly volatile
Days Of Inventory On Hand19.5329.1926.3263
Pretty Stable
Payables Turnover22.9719.4521.0549
Slightly volatile
Capex To Revenue0.670.540.5646
Slightly volatile
Cash Per Share1.321.371.1779
Pretty Stable
Capex To Operating Cash Flow1.721.281.6018
Pretty Stable
Days Payables Outstanding16.1219.4319.8375
Slightly volatile
Current Ratio1.781.722.2795
Slightly volatile
Tangible Book Value Per Share4.066.965.9774
Very volatile
Receivables Turnover22.2923.4625.1002
Very volatile
Graham Number11.8114.4310.2694
Pretty Stable
Shareholders Equity Per Share4.066.965.9774
Very volatile
Debt To Equity0.580.64530.9186
Slightly volatile
Capex Per Share1.571.551.2907
Pretty Stable
Revenue Per Share2.563.292.2324
Slightly volatile
Interest Debt Per Share6.836.115.8736
Pretty Stable
Debt To Assets0.570.440.4619
Very volatile
Operating Cycle59.6657.8851.1933
Very volatile
Price Book Value Ratio0.50.530.7862
Slightly volatile
Days Of Payables Outstanding16.1219.4319.8375
Slightly volatile
Effective Tax Rate0.0880.09570.1046
Slightly volatile
Company Equity Multiplier1.461.521.9985
Slightly volatile
Long Term Debt To Capitalization0.590.420.4631
Pretty Stable
Total Debt To Capitalization0.620.450.4835
Pretty Stable
Debt Equity Ratio0.580.64530.9186
Slightly volatile
Quick Ratio2.322.02.1968
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.630.670.7603
Slightly volatile
Net Income Per E B T0.760.850.9309
Slightly volatile
Cash Ratio1.551.121.4716
Slightly volatile
Cash Conversion Cycle38.6533.0631.914
Pretty Stable
Days Of Inventory Outstanding19.5329.1926.3263
Pretty Stable
Days Of Sales Outstanding34.2320.5724.8086
Slightly volatile
Price To Book Ratio0.50.530.7862
Slightly volatile
Fixed Asset Turnover0.30.290.2297
Slightly volatile
Capital Expenditure Coverage Ratio1.181.041.0718
Very volatile
Debt Ratio0.570.440.4619
Very volatile
Price Sales Ratio2.721.442.1476
Slightly volatile
Asset Turnover0.230.250.1883
Slightly volatile
Gross Profit Margin0.530.520.4292
Pretty Stable
Price Fair Value0.50.530.7862
Slightly volatile

Safe Bulkers Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap456.8 M513.5 M379.9 M
Pretty Stable
Enterprise Value861.2 M1 B791.3 M
Pretty Stable

Safe Fundamental Market Drivers

Forward Price Earnings2.0986
Cash And Short Term Investments128.4 M

Safe Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Safe Bulkers Financial Statements

Safe Bulkers stakeholders use historical fundamental indicators, such as Safe Bulkers' revenue or net income, to determine how well the company is positioned to perform in the future. Although Safe Bulkers investors may analyze each financial statement separately, they are all interrelated. For example, changes in Safe Bulkers' assets and liabilities are reflected in the revenues and expenses on Safe Bulkers' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Safe Bulkers. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue5.9 M6.4 M
Total Revenue353.8 M215.5 M
Cost Of Revenue192.6 M106.1 M
Capex To Revenue 0.54  0.67 
Revenue Per Share 3.29  2.56 
Ebit Per Revenue 0.42  0.47 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
VGIAXVanguard Growth And
XARSPDR SP Aerospace
XARSPDR SP Aerospace
How To Invest In Safe
Details
Is Safe Stock a good investment?
Details
What is Safe Bulkers' Net Worth?
Details
Largest Marine Transportation Companies
View
Largest Marine Shipping Companies
View
Check out the analysis of Safe Bulkers Correlation against competitors.
For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Safe Bulkers. If investors know Safe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Safe Bulkers assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.29)
Dividend Share
0.2
Earnings Share
0.37
Revenue Per Share
2.64
Quarterly Revenue Growth
(0.04)
Safe Bulkers's market price often diverges from its book value, the accounting figure shown on Safe's balance sheet. Smart investors calculate Safe Bulkers' intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Safe Bulkers' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
Please note, there is a significant difference between Safe Bulkers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Safe Bulkers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safe Bulkers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY