Safe Current Ratio from 2010 to 2024

SB Stock  USD 4.17  0.05  1.21%   
Safe Bulkers' Current Ratio is decreasing over the years with stable fluctuation. Current Ratio is expected to dwindle to 1.75. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.63256957
Current Value
1.75
Quarterly Volatility
1.19492338
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 40.1 M, Interest Expense of 16.4 M or Selling General Administrative of 16.2 M, as well as many indicators such as Price To Sales Ratio of 2.78, Dividend Yield of 0.0653 or PTB Ratio of 0.54. Safe financial statements analysis is a perfect complement when working with Safe Bulkers Valuation or Volatility modules.
  
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.

Latest Safe Bulkers' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Safe Bulkers over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Safe Bulkers' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Safe Bulkers' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.99 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Safe Current Ratio Regression Statistics

Arithmetic Mean2.34
Geometric Mean2.08
Coefficient Of Variation51.11
Mean Deviation0.93
Median1.85
Standard Deviation1.19
Sample Variance1.43
Range3.9973
R-Value(0.25)
Mean Square Error1.44
R-Squared0.06
Significance0.38
Slope(0.07)
Total Sum of Squares19.99

Safe Current Ratio History

2024 1.75
2023 2.63
2022 1.73
2021 1.4
2020 1.29
2019 1.57
2018 1.85

About Safe Bulkers Financial Statements

Safe Bulkers stakeholders use historical fundamental indicators, such as Safe Bulkers' Current Ratio, 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 Ratio 2.63  1.75 

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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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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. All the valuation information about Safe Bulkers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.853
Dividend Share
0.05
Earnings Share
0.9
Revenue Per Share
2.924
Quarterly Revenue Growth
0.174
The market value of Safe Bulkers is measured differently than its book value, which is the value of Safe that is recorded on the company's balance sheet. Investors also form their own opinion of Safe Bulkers' value that differs from its market value or its book value, called intrinsic value, which is Safe Bulkers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Safe Bulkers' market value can be influenced by many factors that don't directly affect Safe Bulkers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.