Safe Income Tax Expense from 2010 to 2024

SB Stock  USD 3.87  0.03  0.78%   
Safe Bulkers' Income Tax Expense is decreasing over the years with slightly volatile fluctuation. Income Tax Expense is expected to dwindle to 0.95. From 2010 to 2024 Safe Bulkers Income Tax Expense quarterly data regression line had arithmetic mean of  3,869,667 and significance of  0.04. View All Fundamentals
 
Income Tax Expense  
First Reported
2006-12-31
Previous Quarter
2
Current Value
1
Quarterly Volatility
3.9 M
 
Housing Crash
 
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' Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Safe Bulkers over the last few years. It is Safe Bulkers' Income Tax Expense 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.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Safe Income Tax Expense Regression Statistics

Arithmetic Mean3,869,667
Coefficient Of Variation630.57
Mean Deviation18,638,444
Median12,082,000
Standard Deviation24,400,839
Sample Variance595.4T
Range77.7M
R-Value(0.54)
Mean Square Error457.4T
R-Squared0.29
Significance0.04
Slope(2,920,961)
Total Sum of Squares8335.6T

Safe Income Tax Expense History

2024 0.95
2023 1.0
2022-49.5 M
2021-37.6 M
2020-33.3 M
201926.8 M
201828.2 M

About Safe Bulkers Financial Statements

Safe Bulkers stakeholders use historical fundamental indicators, such as Safe Bulkers' Income Tax Expense, 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
Income Tax Expense 1.00  0.95 

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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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.