Safe Bulkers, Inc. (SB) quarterly balance sheet — complete assets, liabilities & equity history
Safe Bulkers, Inc. (SB) balance sheet — 20-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 211.35M | 249.41M | 200.6M | 158.95M | 161.34M | 152.38M | 165.39M | 119.52M | 101.82M | 109.21M | 146.72M | 105.92M | 124.38M | 118.18M | 157.7M | 150.75M | 151.96M | 179.03M | 124.12M | 139.82M |
| Cash & Short-Term Investments | 134.54M | 171.78M | 153.15M | 115.25M | 117.43M | 120.21M | 128.42M | 85.29M | 72.28M | 78.7M | 89.94M | 74.06M | 79.24M | 89.82M | 114.38M | 111.19M | 129.11M | 156.06M | 102.08M | 97.34M |
| Cash Only | 134.54M | 171.78M | 153.15M | 115.25M | 117.43M | 120.21M | 84.08M | 85.29M | 72.28M | 78.7M | 50.21M | 74.06M | 79.24M | 89.82M | 50.19M | 111.19M | 129.11M | 156.06M | 101M | 97.34M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 44.34M | 0 | 0 | 0 | 39.73M | 0 | 0 | 0 | 64.19M | 0 | 0 | 0 | 1.08M | 0 |
| Accounts Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 15.08M | 0 | 0 | 0 | 9.28M | 0 | 0 | 0 | 7.16M | 0 | 0 | 0 | 8.75M | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | 19.4 | - | - | - | 10.37 | - | - | - | 7.6 | - | - | - | 8.71 | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 14.88M | 0 | 0 | 0 | 16.65M | 0 | 0 | 0 | 17.32M | 0 | 0 | 0 | 8.65M | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | 35.45 | - | - | - | 38.89 | - | - | - | 42.48 | - | - | - | 24.68 | - |
| Other Current Assets | 76.81M | 77.63M | 47.45M | 43.71M | 43.91M | 32.16M | 7.01M | 34.23M | 29.54M | 30.51M | 30.85M | 31.86M | 45.15M | 28.36M | 18.84M | 39.57M | 22.85M | 22.97M | 4.63M | 42.47M |
| Total Non-Current Assets | 1.22B | 1.17B | 1.2B | 1.21B | 1.25B | 1.23B | 1.24B | 1.23B | 1.24B | 1.24B | 1.19B | 1.15B | 1.13B | 1.12B | 1.09B | 1.1B | 1.05B | 994.25M | 970.2M | 923.99M |
| Property, Plant & Equipment | 1.21B | 1.16B | 1.19B | 1.12B | 1.23B | 1.22B | 1.23B | 1.22B | 1.21B | 1.19B | 1.18B | 1.14B | 1.12B | 1.09B | 1.08B | 1.08B | 1.04B | 983.17M | 952.81M | 909.4M |
| Fixed Asset Turnover | 0.07x | 0.06x | 0.06x | 0.06x | 0.05x | 0.05x | 0.06x | 0.06x | 0.07x | 0.07x | 0.07x | 0.06x | 0.06x | 0.06x | 0.08x | 0.09x | 0.09x | 0.08x | 0.10x | 0.10x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 8.37M | 0 | 9.68M | 8.68M | 7.88M | 7.47M | 8.15M | 7.28M | 9.28M | 8.38M | 11.61M | 9.25M | 9.25M | 8.9M | 10.28M | 10.5M | 10.25M | 10.25M | 16.41M | 11.28M |
| Other Non-Current Assets | 1.62M | 9.85M | 23K | 84.47M | 8.79M | 2.16M | 36K | 2.5M | 14.66M | 40.83M | 268K | 1.76M | 3.14M | 20.63M | 536K | 11.45M | 609K | 836K | 980K | 3.31M |
| Total Assets | 1.43B | 1.42B | 1.4B | 1.37B | 1.41B | 1.38B | 1.4B | 1.35B | 1.34B | 1.35B | 1.34B | 1.25B | 1.25B | 1.24B | 1.25B | 1.25B | 1.2B | 1.17B | 1.09B | 1.06B |
| Asset Turnover | 0.06x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.06x | 0.06x | 0.06x | 0.05x | 0.06x | 0.05x | 0.07x | 0.08x | 0.08x | 0.07x | 0.09x | 0.09x |
| Asset Growth % | 1.41% | 2.83% | 0.01% | 1.83% | 5.34% | 2.24% | 4.72% | 7.43% | 6.65% | 8.93% | 7.54% | 0.37% | 4.72% | 5.72% | 13.85% | 17.52% | 11.18% | 5.4% | -1.02% | -2.66% |
| Total Current Liabilities | 210.86M | 181.41M | 69.06M | 58.53M | 94.84M | 87.5M | 86.47M | 89.02M | 54.3M | 58.01M | 55.73M | 51.18M | 78.47M | 64.87M | 91.32M | 78.46M | 76.24M | 73.27M | 88.69M | 66.22M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 9.9M | 0 | 0 | 0 | 10.44M | 0 | 0 | 0 | 10.49M | 0 | 0 | 0 | 9.98M | 0 |
| Days Payables Outstanding | - | - | - | - | - | - | 23.59 | - | - | - | 24.39 | - | - | - | 25.71 | - | - | - | 28.47 | - |
| Short-Term Debt | 171.56M | 155.06M | 42.37M | 34.5M | 61.95M | 59.51M | 58.19M | 60.21M | 24.37M | 30.17M | 25.53M | 21.06M | 45.22M | 22.84M | 43.56M | 44.77M | 43.1M | 42.5M | 61.86M | 34.39M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 6.54M | 0 | 0 | 0 | 10.85M | 0 | 0 | 0 | 9.52M | 0 | 0 | 0 | 11.01M | 0 |
| Other Current Liabilities | 39.3M | 26.35M | 26.69M | 24.03M | 32.89M | 27.99M | 11.84M | 28.81M | 29.93M | 27.84M | 8.91M | 30.11M | 33.24M | 42.02M | 27.75M | 33.7M | 33.13M | 30.77M | 5.84M | 31.82M |
| Current Ratio | 1.00x | 1.37x | 2.90x | 2.72x | 1.70x | 1.74x | 1.91x | 1.34x | 1.88x | 1.88x | 2.63x | 2.07x | 1.59x | 1.82x | 1.73x | 1.92x | 1.99x | 2.44x | 1.40x | 2.11x |
| Quick Ratio | 1.00x | 1.37x | 2.90x | 2.72x | 1.70x | 1.74x | 1.74x | 1.34x | 1.88x | 1.88x | 2.33x | 2.07x | 1.59x | 1.82x | 1.54x | 1.92x | 1.99x | 2.44x | 1.30x | 2.11x |
| Cash Conversion Cycle | - | - | - | - | - | - | 31.27 | - | - | - | 24.87 | - | - | - | 24.36 | - | - | - | 4.91 | - |
| Total Non-Current Liabilities | 348.02M | 395.8M | 503.42M | 487.81M | 498.83M | 467.02M | 485.01M | 433.61M | 476.03M | 504.51M | 491.57M | 431.11M | 410.97M | 404.42M | 382.69M | 424.73M | 414.3M | 393.21M | 326.39M | 380.8M |
| Long-Term Debt | 339.88M | 388.94M | 497.77M | 481.78M | 490.64M | 460.21M | 478.45M | 429.56M | 466.78M | 495.09M | 482.39M | 419.61M | 400.48M | 393.23M | 370.81M | 410.83M | 401.24M | 379.83M | 315.8M | 371.31M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 8.14M | 6.87M | 5.64M | 6.03M | 8.2M | 6.82M | 3.93M | 4.05M | 9.25M | 9.42M | 5.93M | 11.5M | 10.49M | 11.19M | 4.55M | 13.89M | 13.05M | 13.38M | 2.6M | 9.49M |
| Total Liabilities | 558.88M | 577.21M | 572.48M | 546.33M | 593.67M | 554.53M | 571.48M | 522.63M | 530.33M | 562.52M | 547.3M | 482.29M | 489.44M | 469.29M | 474M | 503.19M | 490.53M | 466.48M | 415.08M | 447.02M |
| Total Debt | 511.45M | 544M | 540.14M | 516.28M | 552.59M | 519.72M | 536.64M | 489.77M | 491.15M | 525.26M | 507.92M | 440.67M | 445.71M | 416.07M | 414.36M | 455.6M | 444.34M | 422.33M | 377.65M | 405.7M |
| Net Debt | 376.91M | 372.22M | 387M | 401.03M | 435.16M | 399.51M | 452.56M | 404.48M | 418.87M | 446.56M | 457.71M | 366.61M | 366.47M | 326.25M | 364.18M | 344.41M | 315.24M | 266.27M | 276.65M | 308.36M |
| Debt / Equity | 0.59x | 0.65x | 0.65x | 0.62x | 0.68x | 0.63x | 0.65x | 0.59x | 0.61x | 0.67x | 0.64x | 0.57x | 0.58x | 0.54x | 0.54x | 0.61x | 0.63x | 0.60x | 0.56x | 0.66x |
| Debt / EBITDA | 10.15x | 13.31x | 14.39x | 14.20x | 21.59x | 17.56x | 13.55x | 11.83x | 11.70x | 11.17x | 9.98x | 14.19x | 12.84x | 12.56x | 7.35x | 6.80x | 6.66x | 8.87x | 5.56x | 5.97x |
| Net Debt / EBITDA | 7.48x | 9.11x | 10.31x | 11.03x | 17.00x | 13.50x | 11.42x | 9.77x | 9.98x | 9.50x | 9.00x | 11.81x | 10.56x | 9.85x | 6.46x | 5.14x | 4.73x | 5.59x | 4.07x | 4.54x |
| Interest Coverage | 5.21x | 3.63x | 2.43x | 3.09x | 1.20x | 1.87x | 3.20x | 3.97x | 4.29x | 3.72x | 4.46x | 3.14x | 3.31x | 4.07x | 6.14x | 10.18x | 13.12x | 10.07x | 16.09x | 13.55x |
| Total Equity | 870.28M | 843.19M | 830.71M | 826.28M | 815.58M | 826.81M | 831.62M | 825.36M | 807.54M | 788.58M | 792.51M | 772.44M | 765M | 771.06M | 771.92M | 746.96M | 707.42M | 706.81M | 679.24M | 616.79M |
| Equity Growth % | 6.71% | 1.98% | -0.11% | 0.11% | 1% | 4.85% | 4.93% | 6.85% | 5.56% | 2.27% | 2.67% | 3.41% | 8.14% | 9.09% | 13.64% | 21.11% | 27.63% | 48.55% | 46.75% | 34.68% |
| Book Value per Share | 8.55 | 8.25 | 8.12 | 8.08 | 7.96 | 7.87 | 7.82 | 7.73 | 7.56 | 7.14 | 7.10 | 6.92 | 6.77 | 6.51 | 6.49 | 6.20 | 5.82 | 5.81 | 5.58 | 5.14 |
| Total Shareholders' Equity | 870.28M | 843.19M | 830.71M | 826.28M | 815.58M | 826.81M | 831.62M | 825.36M | 807.54M | 788.58M | 792.51M | 772.44M | 765M | 771.06M | 771.92M | 746.96M | 707.42M | 706.81M | 679.24M | 616.79M |
| Common Stock | 0 | 0 | 0 | 826.28M | 0 | 0 | 105K | 0 | 0 | 0 | 112K | 0 | 0 | 0 | 119K | 0 | 0 | 0 | 122K | 0 |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 507.34M | 0 | 0 | 0 | 439.46M | 0 | 0 | 0 | 392.79M | 0 | 0 | 0 | 253.86M | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |