Safe Bulkers Financials

SB Stock  USD 4.96  0.02  0.40%   
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' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 13.6 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 Ratio0.670.6409
Sufficiently Up
Slightly volatile
Current Ratio1.752.6326
Way Down
Pretty Stable
The financial analysis of Safe Bulkers is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Safe Bulkers includes many different criteria found on its balance sheet. For example, investors should never minimize Safe Bulkers' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Safe Bulkers' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Safe Bulkers.

Cash And Equivalents

88.64 Million

With this module, you can analyze Safe financials for your investing period. You should be able to track the changes in Safe Bulkers individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Safe Bulkers Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Safe Bulkers' financial statements are interrelated, with each one affecting the others. For example, an increase in Safe Bulkers' assets may result in an increase in income on the income statement.
Evaluating Safe Bulkers' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Safe Bulkers' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Safe Bulkers' relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Safe Bulkers has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Safe Bulkers stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Safe Bulkers' odds of distress score SHOULD NOT be confused with the real chance of Safe Bulkers filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Safe is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Safe Bulkers' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Safe Bulkers' official financial statements usually reflect Safe Bulkers' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Safe Bulkers. For example, before you start analyzing numbers published by Safe accountants, it's critical to develop an understanding of what Safe Bulkers' liquidity, profitability, and earnings quality are in the context of the Marine Transportation space in which it operates.
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. Whatever the case, the imprecision that can be found in Safe Bulkers' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Safe Bulkers. Please utilize our Beneish M Score to check the likelihood of Safe Bulkers' management manipulating its earnings.

Safe Bulkers Company Summary

Safe Bulkers competes with Oceanpal, Safe Bulkers, Safe Bulkers, and EuroDry. 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
BenchmarkNYSE Composite
Websitewww.safebulkers.com
Phone30 2 111 888 400
CurrencyUSD - US Dollar
You should never invest in Safe Bulkers without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Safe Stock, because this is throwing your money away. Analyzing the key information contained in Safe Bulkers' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Safe Bulkers Key Financial Ratios

Generally speaking, Safe Bulkers' financial ratios allow both analysts and investors to convert raw data from Safe Bulkers' financial statements into concise, actionable information that can be used to evaluate the performance of Safe Bulkers over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Safe Bulkers reports annually and quarterly.

Safe Bulkers Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.2B1.3B1.1B
Other Current Liab6.7M9.2M5.8M27.8M8.9M13.6M
Net Debt522.1M517.6M276.6M365.2M457.7M459.3M
Retained Earnings115.6M90.3M253.9M392.8M439.5M222.2M
Accounts Payable13.0M13.5M10.0M10.5M10.4M6.0M
Other Assets33.9M28.7M73.9M22.8M26.2M18.8M
Long Term Debt554.2M531.9M315.8M370.8M482.4M502.4M
Net Receivables16.1M5.5M8.7M7.2M9.3M11.0M
Inventory9.3M12.0M8.7M17.3M16.7M17.5M
Other Current Assets29.6M21.5M22.0M31.3M30.9M32.4M
Total Liab624.7M660.9M415.1M474.0M547.3M589.8M
Total Current Assets136.0M134.7M124.1M157.7M146.7M108.1M
Short Term Debt64.1M75.8M61.9M43.6M25.5M48.1M
Other Liab922K6.2M10.6M11.9M10.7M10.6M
Cash78.9M90.0M101.0M49.2M50.2M67.1M
Net Tangible Assets472.7M444.7M679.2M771.9M887.7M636.0M
Short Long Term Debt64.1M75.8M39.9M43.6M24.8M23.5M
Long Term Debt Total554.2M550.0M315.8M370.8M333.7M402.7M
Capital Surpluse357.0M354.3M425.2M379.0M435.8M410.5M

Safe Bulkers Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Safe Bulkers' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense26.8M21.2M14.7M17.1M30.5M16.5M
Total Revenue197.8M198.2M329.0M349.7M284.4M208.7M
Gross Profit65.2M32.2M194.9M210.0M119.4M82.6M
Operating Income44.1M(45.6M)116.4M132.6M93.8M62.7M
Ebit44.1M(45.6M)116.4M132.6M93.8M51.0M
Ebitda93.4M8.7M168.7M182.1M147.9M80.1M
Cost Of Revenue132.6M165.9M134.2M139.7M165.0M97.4M
Income Before Tax16.0M(12.9M)174.3M172.6M77.4M61.0M
Net Income(10.8M)20.4M174.3M172.6M77.4M56.0M
Income Tax Expense26.8M(33.3M)(37.6M)(49.5M)1.00.95
Interest Income27.3M604K16.3M10.7M2.2M2.0M
Net Interest Income(27.9M)(23.0M)(18.3M)(19.7M)(24.8M)(26.0M)

Safe Bulkers Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Safe Bulkers. It measures of how well Safe is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Safe Bulkers brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Safe had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Safe Bulkers has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(5.5M)(3.5M)3.9M(13.2M)(683K)(717.2K)
Change In Cash30.0M19.6M(938K)(52.2M)25K26.3K
Free Cash Flow19.0M12.9M108.0M34.7M(86.9M)(82.6M)
Depreciation50.3M54.3M52.4M49.5M54.1M40.2M
Other Non Cash Items2.1M2.0M2.9M4.9M105.3M110.6M
Capital Expenditures39.2M50.4M109.2M183.3M209.1M219.6M
Net Income16.0M(12.9M)174.3M172.6M77.4M55.7M
Dividends Paid11.5M(11.5M)(11.2M)(33.6M)(30.7M)(29.1M)
End Period Cash Flow92.6M112.2M111.3M59.1M50.2M80.5M
Investments2.5M15.7M8.6K(229.4K)(71.9M)(68.3M)
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 gross profit category among related companies. It is rated below average in debt to equity category among related companies . The ratio of Gross Profit to Debt To Equity for Safe Bulkers is about  414,350,318 . At present, Safe Bulkers' Gross Profit is projected to increase significantly based on the last few years of reporting.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Safe Bulkers by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Safe Bulkers' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 twenty-four with a total number of output elements of thirty-seven. 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.

About Safe Bulkers Financials

What exactly are Safe Bulkers Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Safe Bulkers' income statement, its balance sheet, and the statement of cash flows. Potential Safe Bulkers investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Safe Bulkers investors may use each financial statement separately, they are all related. The changes in Safe Bulkers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Safe Bulkers's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Safe Bulkers Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Safe Bulkers is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Safe has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Safe Bulkers' financials are consistent with your investment objective using the following steps:
  • Review Safe Bulkers' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Safe Bulkers' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Safe Bulkers' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Safe Bulkers' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

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

(0.1)

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

Safe Bulkers March 29, 2024 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.
When determining whether Safe Bulkers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Safe Bulkers' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Safe Bulkers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Safe Bulkers Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safe Bulkers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.
Note that the Safe Bulkers information on this page should be used as a complementary analysis to other Safe Bulkers' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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Is Safe Bulkers' industry 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
(0.17)
Dividend Share
0.2
Earnings Share
0.61
Revenue Per Share
2.503
Quarterly Revenue Growth
(0.05)
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.