Free Trial
→ Altucher: Turn $900 into $108,000 in just 12 months? (From Paradigm Press) (Ad) Buy SB Stock  Free SB Stock Alerts

Safe Bulkers (SB) Financials

Safe Bulkers logo
$3.45 +0.08 (+2.37%)
Closing price 05/2/2025 03:59 PM Eastern
Extended Trading
$3.45 0.00 (0.00%)
As of 05/2/2025 07:52 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.
Compare
Annual Income Statements for Safe Bulkers

Annual Income Statements for Safe Bulkers

This table shows Safe Bulkers' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 5.24 -62 -70 -99 16 4.34 -25 164 164 69 89
Consolidated Net Income / (Loss)		 15 -48 -56 -85 28 16 -13 174 173 77 97
Net Income / (Loss) Continuing Operations		 15 -48 -54 -85 28 16 -13 174 173 77 97
Total Pre-Tax Income 		15 -48 -54 -86 28 16 -14 175 174 79 93
Total Operating Income		 27 -32 -31 -69 56 44 10 191 185 104 128
Total Gross Profit		 160 126 110 148 193 198 198 329 350 284 308
Total Revenue		 160 127 110 148 193 198 198 329 350 284 308
Operating Revenue		 160 127 110 148 193 198 198 329 350 284 308
Total Cost of Revenue		 0.00 1.43 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Operating Expenses		 133 158 141 217 137 154 188 138 165 180 179
Selling, General & Admin Expense		 51 59 53 55 66 71 73 95 102 113 120
Depreciation Expense		 43 47 49 51 48 50 54 52 50 54 58
Other Operating Expenses / (Income)		 39 29 18 18 23 32 61 9.75 14 24 18
Other Special Charges / (Income)		 0.53 0.00 2.75 1.38 0.11 0.06 0.00 -19 0.00 -10 -17
Total Other Income / (Expense), net		 -12 -16 -23 -17 -28 -28 -24 -16 -11 -25 -35
Interest Expense		 9.81 14 23 26 28 29 23 18 19 27 34
Interest & Investment Income		 0.82 0.09 0.52 0.80 0.93 1.56 0.60 0.07 0.78 2.50 3.40
Other Income / (Expense), net		 -3.10 -1.68 -0.62 7.72 -0.96 -0.84 -1.94 1.39 7.37 -0.23 -4.29
Other Gains / (Losses), net		 - 0.35 -0.08 1.78 -0.67 -0.08 0.92 -0.91 -1.10 -1.87 4.17
Preferred Stock Dividends Declared		 9.39 14 14 14 11 12 12 11 8.98 8.00 8.00
Basic Earnings per Share		 $0.06 ($0.74) ($0.83) ($0.98) $0.16 $0.04 ($0.25) $1.44 $1.36 $0.61 $0.83
Weighted Average Basic Shares Outstanding		 83.45M 83.48M 84.53M 100.93M 101.60M 101.69M 102.62M 113.72M 120.65M 113.62M 107.58M
Diluted Earnings per Share		 $0.06 ($0.74) ($0.83) ($0.98) $0.16 $0.04 ($0.25) $1.44 $1.36 $0.61 $0.83
Weighted Average Diluted Shares Outstanding		 83.45M 83.48M 84.53M 100.93M 101.60M 101.69M 102.62M 113.72M 120.65M 113.62M 107.58M
Weighted Average Basic & Diluted Shares Outstanding		 83.45M 83.48M 84.53M 100.93M 101.60M 101.69M 102.62M 127.13M 122.87M 115.61M 109.29M
Cash Dividends to Common per Share		 $0.22 $0.04 $0.00 $0.00 - - - - $0.20 $0.20 $0.20

Quarterly Income Statements for Safe Bulkers

No quarterly income statements for Safe Bulkers are available.

Annual Cash Flow Statements for Safe Bulkers

This table details how cash moves in and out of Safe Bulkers' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 43 81 -110 -37 6.20 30 19 -0.14 -51 -0.38 33
Net Cash From Operating Activities		 44 26 13 50 85 58 63 217 218 122 130
Net Cash From Continuing Operating Activities		 44 26 13 50 85 58 63 217 218 122 130
Net Income / (Loss) Continuing Operations		 15 -48 -56 -85 28 16 -13 174 173 77 97
Consolidated Net Income / (Loss)		 15 -48 -56 -85 28 16 -13 174 173 77 97
Depreciation Expense		 43 47 49 51 48 50 54 52 50 54 58
Amortization Expense		 1.47 2.79 3.06 2.46 1.79 1.85 1.73 2.90 2.01 2.48 2.96
Non-Cash Adjustments To Reconcile Net Income		 0.49 22 20 85 2.36 -1.86 6.18 -1.42 -3.78 -10 -26
Changes in Operating Assets and Liabilities, net		 -16 1.71 -3.14 -3.70 5.54 -8.05 14 -11 -2.26 -1.53 -2.14
Net Cash From Investing Activities		 -67 -125 -40 -40 -64 -37 -35 8.55 -229 -152 -72
Net Cash From Continuing Investing Activities		 -67 -125 -40 -40 -64 -37 -35 8.55 -229 -152 -72
Sale of Property, Plant & Equipment		 0.00 0.00 29 21 - 0.00 0.00 107 17 31 78
Sale and/or Maturity of Investments		 50 0.00 41 37 43 87 109 13 17 79 77
Other Investing Activities, net		 -117 -125 -110 -98 -107 -124 -144 -112 -263 -262 -227
Net Cash From Financing Activities		 66 180 -84 -47 -16 8.54 -9.29 -226 -40 29 -26
Net Cash From Continuing Financing Activities		 66 180 -84 -47 -16 8.54 -9.29 -226 -40 29 -26
Repayment of Debt		 -135 -249 -149 -125 -182 -153 -84 -437 -198 -169 -216
Repurchase of Preferred Equity		 -0.46 -0.59 -1.71 -25 -9.49 0.00 -0.09 -18 -37 0.00 0.00
Repurchase of Common Equity		 0.00 0.00 -0.12 0.00 -0.62 -4.15 -6.01 0.00 -9.05 -26 -29
Payment of Dividends		 -26 -18 -14 -12 -11 -11 -11 -11 -34 -31 -30
Issuance of Debt		 94 447 65 115 188 178 92 179 260 255 248
Other Financing Activities, net		 0.00 0.00 0.00 -0.31 - 0.00 0.00 -9.79 -22 0.00 0.00
Cash Interest Paid		 8.59 12 20 23 24 29 21 14 14 22 29

Quarterly Cash Flow Statements for Safe Bulkers

No quarterly cash flow statements for Safe Bulkers are available.

Annual Balance Sheets for Safe Bulkers

This table presents Safe Bulkers' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 1,176 1,310 1,174 1,035 1,076 1,115 1,106 1,094 1,246 1,340 1,403
Total Current Assets		 136 243 111 79 101 136 135 124 158 147 165
Cash & Equivalents		 107 131 82 46 52 79 90 101 49 48 81
Restricted Cash		 11 65 1.20 1.66 0.31 0.00 3.40 0.00 1.00 2.02 3.00
Accounts Receivable		 4.53 7.49 8.84 11 12 16 4.93 8.08 6.50 8.80 14
Inventories, net		 11 5.17 5.17 4.23 4.14 9.27 12 8.65 17 17 15
Prepaid Expenses		 1.72 1.68 2.02 1.73 2.82 4.27 3.84 3.48 5.76 6.61 7.01
Other Current Assets		 0.21 1.59 12 14 30 28 12 2.89 66 40 45
Other Current Nonoperating Assets		 0.00 32 0.00 - - 0.00 8.06 0.00 12 24 0.00
Plant, Property, & Equipment, net		 960 988 1,039 943 955 945 942 864 1,001 1,092 1,144
Total Noncurrent Assets		 80 78 24 13 20 34 29 106 87 102 93
Other Noncurrent Operating Assets		 76 70 14 4.48 9.25 20 9.98 96 78 93 86
Other Noncurrent Nonoperating Assets		 4.26 7.84 10 8.65 10 14 19 10 8.90 8.85 7.48
Total Liabilities & Shareholders' Equity		 1,176 1,310 1,174 1,035 1,076 1,115 1,106 1,094 1,246 1,340 1,403
Total Liabilities		 476 675 595 579 593 625 643 415 474 547 571
Total Current Liabilities		 27 106 24 37 55 87 105 89 91 56 86
Short-Term Debt		 16 77 12 26 36 64 76 40 44 25 58
Accounts Payable		 3.04 5.28 5.39 4.14 6.13 13 13 10 11 10 9.97
Accrued Expenses		 4.47 3.98 4.15 3.67 6.88 6.60 4.66 5.37 11 8.38 12
Current Deferred Revenue		 3.60 1.96 2.04 3.54 5.41 3.04 6.22 11 9.52 11 6.54
Other Current Liabilities		 0.49 0.32 0.02 0.00 0.00 0.12 0.58 22 0.00 1.27 0.00
Total Noncurrent Liabilities		 449 570 571 542 539 538 538 326 383 492 485
Long-Term Debt		 448 569 570 542 539 537 532 316 371 482 478
Noncurrent Deferred Revenue		 0.00 0.00 0.00 0.00 0.25 0.65 3.54 7.99 7.33 3.25 2.62
Other Noncurrent Operating Liabilities		 1.07 0.36 1.66 - 0.00 0.27 2.64 2.60 4.55 5.93 3.93
Total Equity & Noncontrolling Interests		 700 634 579 456 466 473 445 679 772 793 832
Total Preferred & Common Equity		 700 634 579 456 466 473 445 679 772 793 832
Preferred Stock		 0.07 0.07 0.07 0.06 0.06 0.06 0.06 0.06 0.04 0.04 0.04
Total Common Equity		 700 634 578 456 466 473 445 679 772 792 832
Common Stock		 370 370 384 361 355 357 354 425 379 353 324
Retained Earnings		 330 264 194 95 111 116 90 254 393 439 507

Quarterly Balance Sheets for Safe Bulkers

No quarterly balance sheets for Safe Bulkers are available.

Annual Metrics and Ratios for Safe Bulkers

This table displays calculated financial ratios and metrics derived from Safe Bulkers' official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2014 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -14.36% -20.38% -13.78% 34.85% 30.51% 2.37% 0.20% 66.04% 6.29% -18.68% 8.17%
EBITDA Growth		 -48.47% -51.87% -37.48% -137.52% 1,461.30% -8.99% -32.34% 284.43% -1.82% -34.09% 15.39%
EBIT Growth		 -74.78% -383.81% 52.22% -92.25% 189.21% -21.33% -80.25% 2,159.27% -0.41% -45.88% 19.46%
NOPAT Growth		 -71.23% -185.81% 1.89% -120.63% 215.20% -21.18% -83.35% 2,509.77% -3.54% -43.60% 23.31%
Net Income Growth		 -82.42% -427.62% -16.73% -51.30% 132.69% -42.07% -180.47% 1,451.01% -1.03% -55.17% 25.89%
EPS Growth		 -94.29% -1,333.33% -12.16% -18.07% 116.33% -75.00% -725.00% 676.00% -5.56% -55.15% 36.07%
Operating Cash Flow Growth		 -56.53% 47.73% -47.19% 271.72% 70.55% -31.79% 8.74% 242.73% 0.39% -43.95% 6.75%
Free Cash Flow Firm Growth		 -106.63% -1,872.39% 193.60% -94.99% -45.70% 44.12% 26.56% 331.65% -110.70% 183.56% 243.53%
Invested Capital Growth		 8.64% 2.06% -49.76% -9.41% 2.86% 0.34% -4.42% -3.20% 22.56% 7.45% 4.96%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 100.00% 98.88% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin		 42.64% 26.39% 18.69% -5.20% 54.24% 48.23% 32.56% 75.39% 69.64% 56.44% 60.21%
Operating Margin		 16.71% -25.15% -28.61% -46.82% 28.93% 22.27% 5.29% 58.18% 52.80% 36.62% 41.75%
EBIT Margin		 14.77% -52.93% -29.18% -41.60% 28.43% 21.85% 4.31% 58.60% 54.91% 36.54% 40.35%
Profit (Net Income) Margin		 9.15% -37.66% -50.98% -57.20% 14.33% 8.11% -6.51% 52.99% 49.34% 27.20% 31.65%
Tax Burden Percent		 100.00% 99.78% 103.34% 97.94% 97.64% 99.53% 93.37% 99.48% 99.37% 97.64% 104.48%
Interest Burden Percent		 61.96% 142.61% 169.07% 140.41% 51.62% 37.29% -161.95% 90.90% 90.44% 76.24% 75.08%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 2.67% -2.13% -1.38% -4.77% 5.70% 4.42% 0.75% 20.39% 17.96% 8.87% 10.30%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.48% -15.24% -8.78% -12.00% 0.18% -1.07% -3.30% 15.75% 13.96% 2.03% 3.16%
Return on Net Nonoperating Assets (RNNOA)		 0.41% -10.11% -6.65% -11.60% 0.20% -1.12% -3.46% 10.15% 5.82% 1.02% 1.69%
Return on Equity (ROE)		 3.08% -7.19% -8.02% -16.36% 5.90% 3.30% -2.71% 30.53% 23.78% 9.89% 11.99%
Cash Return on Invested Capital (CROIC)		 -5.61% -107.72% 64.87% 5.10% 2.87% 4.08% 5.27% 23.64% -2.31% 1.69% 5.47%
Operating Return on Assets (OROA)		 2.06% -2.71% -2.58% -5.58% 5.20% 3.95% 0.77% 17.53% 16.41% 8.04% 9.05%
Return on Assets (ROA)		 1.28% -7.71% -4.51% -7.67% 2.62% 1.46% -1.16% 15.85% 14.75% 5.98% 7.10%
Return on Common Equity (ROCE)		 3.08% -7.19% -8.02% -16.36% 5.79% 3.18% -2.61% 30.04% 23.78% 9.89% 11.99%
Return on Equity Simple (ROE_SIMPLE)		 2.09% -7.56% -9.67% -18.56% 5.94% 3.39% -2.90% 25.67% 22.35% 9.76% 11.71%
Net Operating Profit after Tax (NOPAT)		 27 -22 -22 -49 56 44 7.33 191 185 104 128
NOPAT Margin		 16.71% -17.60% -20.03% -32.77% 28.93% 22.27% 3.70% 58.18% 52.80% 36.62% 41.75%
Net Nonoperating Expense Percent (NNEP)		 2.19% 6.63% 7.41% 7.23% 5.51% 5.49% 4.05% 4.64% 4.00% 6.84% 7.15%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - 15.57% 8.01% 9.39%
Cost of Revenue to Revenue		 0.00% 2.30% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 31.67% 46.59% 48.55% 37.43% 34.28% 35.98% 36.69% 28.74% 29.17% 39.72% 38.89%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 83.29% 249.17% 128.61% 146.82% 71.07% 77.73% 94.71% 41.82% 47.20% 63.38% 58.25%
Earnings before Interest and Taxes (EBIT)		 24 -67 -32 -62 55 43 8.53 193 192 104 124
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 68 33 21 -7.70 105 95 65 248 244 161 185
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.40 0.09 0.14 0.61 0.34 0.32 0.28 0.52 0.43 0.58 0.49
Price to Tangible Book Value (P/TBV)		 0.40 0.09 0.14 0.61 0.34 0.32 0.28 0.52 0.43 0.58 0.49
Price to Revenue (P/Rev)		 1.75 1.02 0.76 1.88 0.81 0.77 0.63 1.07 0.94 1.60 1.32
Price to Earnings (P/E)		 53.49 0.00 0.00 0.00 9.65 35.10 0.00 2.16 2.02 6.58 4.56
Dividend Yield		 6.54% 33.38% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.70% 5.39% 5.68%
Earnings Yield		 1.87% 0.00% 0.00% 0.00% 10.37% 2.85% 0.00% 46.31% 49.53% 15.20% 21.95%
Enterprise Value to Invested Capital (EV/IC)		 0.60 0.97 0.55 0.83 0.70 0.69 0.69 0.66 0.61 0.75 0.67
Enterprise Value to Revenue (EV/Rev)		 3.92 4.01 5.31 5.39 3.61 3.50 3.31 1.85 1.99 3.21 2.79
Enterprise Value to EBITDA (EV/EBITDA)		 9.18 63.01 28.40 0.00 6.65 7.25 10.17 2.45 2.85 5.69 4.64
Enterprise Value to EBIT (EV/EBIT)		 26.50 0.00 0.00 0.00 12.68 16.01 76.93 3.15 3.62 8.79 6.93
Enterprise Value to NOPAT (EV/NOPAT)		 23.43 0.00 0.00 0.00 12.47 15.70 89.51 3.18 3.76 8.77 6.69
Enterprise Value to Operating Cash Flow (EV/OCF)		 14.31 20.00 43.24 15.94 8.15 11.87 10.36 2.80 3.19 7.47 6.59
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.56 15.38 24.71 17.02 12.77 2.74 0.00 46.03 12.62
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.66 2.04 1.01 1.24 1.19 1.23 1.31 0.52 0.54 0.64 0.65
Long-Term Debt to Equity		 0.64 0.90 0.98 1.19 1.12 1.10 1.15 0.46 0.48 0.61 0.58
Financial Leverage		 0.86 0.58 0.76 0.97 1.09 1.05 1.05 0.64 0.42 0.50 0.54
Leverage Ratio		 1.79 1.86 2.05 2.13 2.25 2.25 2.33 1.93 1.61 1.65 1.69
Compound Leverage Factor		 1.11 2.66 3.46 3.00 1.16 0.84 -3.77 1.75 1.46 1.26 1.27
Debt to Total Capital		 39.84% 50.50% 50.15% 55.42% 54.34% 55.09% 56.76% 34.37% 34.93% 39.02% 39.22%
Short-Term Debt to Total Capital		 1.35% 6.05% 1.05% 2.50% 3.42% 5.87% 7.08% 3.86% 3.67% 1.91% 4.25%
Long-Term Debt to Total Capital		 38.49% 88.90% 49.10% 52.92% 50.92% 49.22% 49.68% 30.51% 31.26% 37.12% 34.97%
Preferred Equity to Total Capital		 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 1.61% 1.58% 1.69% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 60.15% 148.49% 49.85% 44.57% 44.04% 43.33% 41.54% 65.63% 65.07% 60.97% 60.78%
Debt to EBITDA		 6.80 39.85 28.36 -73.71 5.48 6.30 9.42 1.43 1.70 3.16 2.90
Net Debt to EBITDA		 5.07 27.82 24.33 -67.49 4.99 5.47 7.97 1.03 1.50 2.85 2.44
Long-Term Debt to EBITDA		 6.57 70.15 27.77 -70.38 5.14 5.63 8.24 1.27 1.52 3.01 2.58
Debt to NOPAT		 17.36 -57.73 -26.47 -11.70 10.28 13.64 82.85 1.86 2.24 4.87 4.18
Net Debt to NOPAT		 12.93 -34.26 -22.70 -10.71 9.35 11.85 70.11 1.33 1.97 4.39 3.52
Long-Term Debt to NOPAT		 16.77 -43.19 -25.91 -11.17 9.64 12.19 72.52 1.65 2.01 4.63 3.73
Altman Z-Score		 1.06 0.47 0.41 0.41 0.70 0.65 0.47 1.76 1.71 1.51 1.51
Noncontrolling Interest Sharing Ratio		 0.01% 0.01% 0.01% 0.01% 1.82% 3.53% 3.72% 1.60% 0.01% 0.01% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 4.97 2.30 4.67 2.14 1.85 1.57 1.29 1.40 1.73 2.63 1.91
Quick Ratio		 4.09 2.61 3.80 1.55 1.17 1.09 0.91 1.23 0.61 1.02 1.10
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -56 -1,106 1,036 52 28 41 51 222 -24 20 68
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -5.72 -76.61 45.75 2.02 1.03 1.42 2.24 12.60 -1.24 0.73 1.99
Operating Cash Flow to Interest Expense		 4.46 5.30 0.60 1.95 3.11 2.03 2.76 12.33 11.39 4.49 3.80
Operating Cash Flow Less CapEx to Interest Expense		 4.46 1.77 1.88 2.75 3.11 2.03 2.76 18.41 12.27 5.63 6.07
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.14 0.20 0.09 0.13 0.18 0.18 0.18 0.30 0.30 0.22 0.22
Accounts Receivable Turnover		 7.82 21.19 13.45 14.91 16.97 14.30 19.01 50.57 47.98 37.18 26.78
Inventory Turnover		 0.00 0.45 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.18 0.26 0.11 0.15 0.20 0.21 0.21 0.36 0.37 0.27 0.28
Accounts Payable Turnover		 0.00 0.69 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 46.68 41.72 27.14 24.49 21.51 25.52 19.20 7.22 7.61 9.82 13.63
Days Inventory Outstanding (DIO)		 0.00 4,167.93 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 1,059.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 46.68 1,041.49 27.14 24.49 21.51 25.52 19.20 7.22 7.61 9.82 13.63
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,041 2,125 1,068 967 995 998 954 924 1,132 1,216 1,277
Invested Capital Turnover		 0.16 0.12 0.07 0.15 0.20 0.20 0.20 0.35 0.34 0.24 0.25
Increase / (Decrease) in Invested Capital		 83 1,084 -1,058 -100 28 3.42 -44 -31 208 84 60
Enterprise Value (EV)		 626 1,030 583 799 697 692 657 608 694 913 860
Market Capitalization		 281 59 84 279 157 152 124 353 330 456 407
Book Value per Share		 $8.39 $7.60 $6.93 $4.60 $4.59 $4.59 $4.05 $6.31 $6.07 $6.45 $7.19
Tangible Book Value per Share		 $8.39 $7.60 $6.93 $4.60 $4.59 $4.59 $4.05 $6.31 $6.07 $6.45 $7.19
Total Capital		 1,164 1,281 1,160 1,024 1,058 1,091 1,071 1,035 1,186 1,300 1,368
Total Debt		 464 1,294 582 567 575 601 608 356 414 507 537
Total Long-Term Debt		 448 569 570 542 539 537 532 316 371 482 478
Net Debt		 345 452 499 520 523 522 514 255 364 457 453
Capital Expenditures (CapEx)		 0.00 0.00 -29 -21 0.00 0.00 0.00 -107 -17 -31 -78
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 6.05 20 17 20 31 34 12 -26 60 66 53
Debt-free Net Working Capital (DFNWC)		 124 215 99 68 83 113 106 75 110 116 137
Net Working Capital (NWC)		 109 137 87 42 47 49 30 35 66 91 79
Net Nonoperating Expense (NNE)		 12 26 34 36 28 28 20 17 12 27 31
Net Nonoperating Obligations (NNO)		 341 429 489 511 512 508 491 244 360 424 445
Total Depreciation and Amortization (D&A)		 45 50 53 54 50 52 56 55 52 57 61
Debt-free, Cash-free Net Working Capital to Revenue		 3.78% 31.60% 15.12% 13.43% 15.87% 17.35% 6.24% -7.80% 17.09% 23.05% 17.24%
Debt-free Net Working Capital to Revenue		 77.73% 168.79% 90.56% 45.76% 42.88% 57.27% 53.39% 22.90% 31.44% 40.71% 44.57%
Net Working Capital to Revenue		 67.89% 220.96% 79.46% 28.48% 24.15% 24.88% 15.15% 10.77% 18.98% 31.99% 25.65%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.06 ($0.74) ($0.83) ($0.98) $0.16 $0.04 ($0.25) $1.44 $1.36 $0.61 $0.83
Adjusted Weighted Average Basic Shares Outstanding		 83.45M 83.49M 99.25M 101.53M 103.01M 109.75M 107.67M 113.72M 120.65M 113.62M 107.58M
Adjusted Diluted Earnings per Share		 $0.06 ($0.74) ($0.83) ($0.98) $0.16 $0.04 ($0.25) $1.44 $1.36 $0.61 $0.83
Adjusted Weighted Average Diluted Shares Outstanding		 83.45M 83.49M 99.25M 101.53M 103.01M 109.75M 107.67M 113.72M 120.65M 113.62M 107.58M
Adjusted Basic & Diluted Earnings per Share		 $0.06 ($0.74) ($0.83) ($0.98) $0.16 $0.04 ($0.25) $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 83.45M 83.48M 84.53M 100.93M 101.60M 101.69M 102.62M 127.13M 122.87M 115.61M 109.29M
Normalized Net Operating Profit after Tax (NOPAT)		 19 -13 -8.05 16 39 31 7.33 121 129 66 78
Normalized NOPAT Margin		 11.93% -10.11% -7.33% 11.05% 20.29% 15.61% 3.70% 36.67% 36.96% 23.08% 25.46%
Pre Tax Income Margin		 9.15% -37.74% -49.33% -58.41% 14.68% 8.15% -6.97% 53.26% 49.66% 27.86% 30.30%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 2.41 -2.33 -1.41 -2.40 2.00 1.51 0.37 10.94 10.03 3.82 3.62
NOPAT to Interest Expense		 2.72 -3.10 -0.97 -1.89 2.03 1.54 0.32 10.87 9.64 3.83 3.74
EBIT Less CapEx to Interest Expense		 2.41 -2.33 -0.13 -1.60 2.00 1.51 0.37 17.02 10.91 4.95 5.89
NOPAT Less CapEx to Interest Expense		 2.72 -3.10 0.31 -1.09 2.03 1.54 0.32 16.94 10.53 4.96 6.01
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 177.09% -73.16% -25.10% -14.54% 41.13% 71.67% -89.09% 6.42% 19.49% 39.66% 30.30%
Augmented Payout Ratio		 177.09% -36.58% -25.32% -14.54% 43.36% 97.57% -135.68% 6.42% 24.73% 73.56% 59.99%

Quarterly Metrics and Ratios for Safe Bulkers

No quarterly metrics and ratios for Safe Bulkers are available.

Frequently Asked Questions About Safe Bulkers' Financials

When does Safe Bulkers's financial year end?

According to the most recent income statement we have on file, Safe Bulkers' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Safe Bulkers' net income changed over the last 10 years?

Safe Bulkers' net income appears to be on an upward trend, with a most recent value of $97.38 million in 2024, rising from $14.63 million in 2014. The previous period was $77.35 million in 2023. Check out Safe Bulkers' forecast to explore projected trends and price targets.

What is Safe Bulkers's operating income?
Safe Bulkers's total operating income in 2024 was $128.43 million, based on the following breakdown:
  • Total Gross Profit: $307.63 million
  • Total Operating Expenses: $179.21 million
How has Safe Bulkers revenue changed over the last 10 years?

Over the last 10 years, Safe Bulkers' total revenue changed from $159.90 million in 2014 to $307.63 million in 2024, a change of 92.4%.

How much debt does Safe Bulkers have?

Safe Bulkers' total liabilities were at $571.48 million at the end of 2024, a 4.4% increase from 2023, and a 20.0% increase since 2014.

How much cash does Safe Bulkers have?

In the past 10 years, Safe Bulkers' cash and equivalents has ranged from $46.20 million in 2017 to $130.74 million in 2015, and is currently $81.08 million as of their latest financial filing in 2024.

How has Safe Bulkers' book value per share changed over the last 10 years?

Over the last 10 years, Safe Bulkers' book value per share changed from 8.39 in 2014 to 7.19 in 2024, a change of -14.3%.


Related Companies

This page (NYSE:SB) was last updated on 5/4/2025 by MarketBeat.com Staff
From Our Partners
Think NVDA’s run was epic? You ain’t seen nothin’ yet
Ask most investors and they’ll probably tell you Nvidia is the undisputed AI stock of the decade. In 2023, ...
Timothy Sykes | Sponsored
The Trump Dump is starting; Get out of stocks now?
The first 365 days of the Trump presidency… Will be the best time to get rich in American history.
Paradigm Press | Sponsored
Trump wipes out trillions overnight…
Is there anybody more powerful than Donald Trump right now? In a single tariff announcement, he wiped out n...
Porter & Company | Sponsored
Elon’s Terrifying Warning Forces Trump To Take Action
Elon Musk has avoided two major financial crises before. He pulled Tesla and SpaceX back from the brink of col...
American Hartford Gold | Sponsored
Gold Hits New Highs as Global Markets Spiral
When Trump took office in 2017, gold was just $1,100 an ounce. By the time he left, it had soared to $1,839. ...
Premier Gold Co | Sponsored
Most traders are panicking. We’re cashing in
Most traders are panicking right now. Bitcoin’s dropping. Altcoins are bleeding. The stock market’s a mess....
Crypto Swap Profits | Sponsored
DOGE officially begins retirement transformation
Elon Musk's Department of Government Efficiency ("DOGE") just announced the first-ever "fully digital retireme...
Altimetry | Sponsored
The Robotics Revolution has arrived … and one $7 stock could take off as a result.
Robots aren't coming to America in 2025. They are already here. Oxford Economics says, "The Robotics Rev...
Weiss Ratings | Sponsored