Safe Bulkers Financials

SB Stock  USD 3.55  0.06  1.66%   
Based on the key indicators related to Safe Bulkers' liquidity, profitability, solvency, and operating efficiency, Safe Bulkers may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At present, Safe Bulkers' Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 72.6 M, whereas Total Assets are forecasted to decline to about 1.1 B. Key indicators impacting Safe Bulkers' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.590.58
Fairly Up
Slightly volatile
Current Ratio1.752.37
Way Down
Pretty Stable
The essential information of the day-to-day investment outlook for Safe Bulkers includes many different criteria found on its balance sheet. An individual investor should monitor Safe Bulkers' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Safe Bulkers.

Cash And Equivalents

88.64 Million

  
Please note, the presentation of Safe Bulkers' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Safe Bulkers' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Safe Bulkers' management manipulating its earnings.

Safe Bulkers Stock Summary

Safe Bulkers competes with Global Ship, Costamare, Navios Maritime, Genco Shipping, and Star Bulk. Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco. Safe Bulkers operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 9 people.
Specialization
Industrials, Marine Shipping
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINMHY7388L1039
CUSIPY7388L103
LocationMonaco
Business AddressLes Acanthes, Monaco,
SectorMarine Transportation
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.safebulkers.com
Phone30 2 111 888 400
CurrencyUSD - US Dollar

Safe Bulkers Key Financial Ratios

Safe Bulkers Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets1.1B1.1B1.2B1.3B1.5B1.1B
Other Current Liab9.2M(16.1M)27.8M9.7M8.7M12.7M
Net Debt517.6M276.6M365.2M459.0M527.8M459.4M
Retained Earnings90.3M253.9M392.8M439.5M505.4M530.7M
Accounts Payable13.5M10.0M10.5M10.4M12.0M12.6M
Other Assets33.9M28.7M73.9M22.8M26.2M18.8M
Long Term Debt531.9M315.8M370.8M482.4M554.7M502.4M
Net Receivables5.5M8.7M7.2M9.3M10.7M11.0M
Inventory12.0M8.7M17.3M16.7M19.1M20.1M
Other Current Assets21.5M4.6M18.8M32.9M29.6M31.2M
Total Liab660.9M415.1M474.0M547.3M629.4M589.8M
Total Current Assets134.7M124.1M157.7M146.7M132.0M108.1M
Short Term Debt75.8M83.8M32.7M24.8M22.3M21.2M
Other Liab922K6.2M10.6M11.9M10.7M10.6M
Cash90.0M101.0M49.2M48.2M43.4M67.0M
Net Tangible Assets472.7M444.7M679.2M771.9M887.7M636.0M
Short Long Term Debt75.8M39.9M43.6M24.8M22.3M21.2M
Long Term Debt Total554.2M550.0M315.8M370.8M333.7M402.7M
Capital Surpluse357.0M354.3M425.2M379.0M435.8M410.5M

Safe Bulkers Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense21.2M14.7M17.1M27.9M32.1M16.4M
Total Revenue198.2M329.0M349.7M284.4M327.1M208.7M
Gross Profit32.2M194.9M210.0M119.4M107.5M82.6M
Operating Income(45.6M)116.4M132.6M104.1M93.7M63.1M
Ebit10.5M179.8M184.6M102.1M91.9M58.9M
Ebitda64.7M232.2M234.2M156.2M179.6M121.2M
Cost Of Revenue165.9M134.2M139.7M165.0M189.7M97.4M
Income Before Tax(12.9M)174.3M172.6M77.4M69.6M61.0M
Net Income20.4M174.3M172.6M77.4M69.6M56.0M
Income Tax Expense(33.3M)(37.6M)(49.5M)1.00.90.86
Interest Income604K16.3M10.7M2.2M1.9M1.8M
Net Interest Income(23.0M)(18.3M)(19.7M)(24.8M)(28.5M)(29.9M)

Safe Bulkers Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory(3.5M)3.9M(13.2M)(683K)(614.7K)(645.4K)
Change In Cash19.6M(938K)(52.2M)(25K)(28.8K)(30.2K)
Free Cash Flow12.9M108.0M34.7M(86.9M)(78.2M)(74.3M)
Depreciation54.3M52.4M49.5M54.1M62.2M40.2M
Other Non Cash Items2.0M2.9M4.9M(5.3M)(6.1M)(5.8M)
Capital Expenditures50.4M109.2M183.3M209.1M188.2M197.6M
Net Income(12.9M)174.3M172.6M77.4M69.6M55.7M
Dividends Paid11.5M11.2M33.6M30.7M27.6M44.2M
End Period Cash Flow112.2M111.3M59.1M59.1M67.9M81.1M
Investments15.7M8.6K(229.4K)(71.9M)(64.7M)(61.5M)
Net Borrowings26.2M10.4M(265.7M)46.3M41.7M43.8M
Change To Netincome510K1.8M(9.5M)3.0M2.7M2.6M

Safe Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Safe Bulkers's current stock value. Our valuation model uses many indicators to compare Safe Bulkers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Safe Bulkers competition to find correlations between indicators driving Safe Bulkers's intrinsic value. More Info.
Safe Bulkers is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.44  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Safe Bulkers is roughly  2.26 . At present, Safe Bulkers' Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Safe Bulkers' earnings, one of the primary drivers of an investment's value.

Safe Bulkers Systematic Risk

Safe Bulkers' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Safe Bulkers volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Safe Bulkers correlated with the market. If Beta is less than 0 Safe Bulkers generally moves in the opposite direction as compared to the market. If Safe Bulkers Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Safe Bulkers is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Safe Bulkers is generally in the same direction as the market. If Beta > 1 Safe Bulkers moves generally in the same direction as, but more than the movement of the benchmark.

Safe Bulkers Thematic Clasifications

Safe Bulkers is part of Transportation investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
TransportationView
This theme covers USA Equities from Transportation industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Safe Bulkers Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Safe Bulkers' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Safe Bulkers growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0989)

At present, Safe Bulkers' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Safe Bulkers February 1, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Safe Bulkers help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Safe Bulkers. We use our internally-developed statistical techniques to arrive at the intrinsic value of Safe Bulkers based on widely used predictive technical indicators. In general, we focus on analyzing Safe Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Safe Bulkers's daily price indicators and compare them against related drivers.

Complementary Tools for Safe Stock analysis

When running Safe Bulkers' price analysis, check to measure Safe Bulkers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Safe Bulkers is operating at the current time. Most of Safe Bulkers' value examination focuses on studying past and present price action to predict the probability of Safe Bulkers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safe Bulkers' price. Additionally, you may evaluate how the addition of Safe Bulkers to your portfolios can decrease your overall portfolio volatility.
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