SB-PC
Price:
$25.4
Market Cap:
$388.64M
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.[Read more]
Industry
Marine Shipping
IPO Date
2014-05-02
Stock Exchange
NYSE
Ticker
SB-PC
According to Safe Bulkers, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.34. This represents a change of -36.04% compared to the average of 2.10 of the last 4 quarters.
The mean historical Current Ratio of Safe Bulkers, Inc. over the last ten years is 2.43. The current 1.34 Current Ratio has changed 5.42% with respect to the historical average. Over the past ten years (40 quarters), SB-PC's Current Ratio was at its highest in in the March 2017 quarter at 4.85. The Current Ratio was at its lowest in in the September 2018 quarter at 0.75.
Average
2.43
Median
2.00
Minimum
1.29
Maximum
4.73
Discovering the peaks and valleys of Safe Bulkers, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 102.97%
Maximum Annual Current Ratio = 4.73
Minimum Annual Increase = -54.13%
Minimum Annual Current Ratio = 1.29
Year | Current Ratio | Change |
---|---|---|
2023 | 2.63 | 52.44% |
2022 | 1.73 | 23.41% |
2021 | 1.40 | 8.76% |
2020 | 1.29 | -17.89% |
2019 | 1.57 | -15.50% |
2018 | 1.85 | -13.40% |
2017 | 2.14 | -54.13% |
2016 | 4.67 | 102.97% |
2015 | 2.30 | -51.40% |
2014 | 4.73 | 56.57% |
The current Current Ratio of Safe Bulkers, Inc. (SB-PC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.92
5-year avg
1.72
10-year avg
2.43
Safe Bulkers, Inc.’s Current Ratio is greater than Navios Maritime Holdings Inc. (1.20), less than Safe Bulkers, Inc. (1.34), less than Global Ship Lease, Inc. (1.64), greater than Diana Shipping Inc. (0), greater than Navios Maritime Holdings Inc. (1.20), less than Costamare Inc. (1.65),
Company | Current Ratio | Market cap |
---|---|---|
1.20 | $22.13M | |
1.34 | $377.13M | |
1.64 | $750.42M | |
0 | $227.71M | |
1.20 | $31.67M | |
1.65 | $1.53B |
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What is the Current Ratio?
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What is Safe Bulkers, Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for Safe Bulkers, Inc. (SB-PC)?
What is the 5-year average Current Ratio for Safe Bulkers, Inc. (SB-PC)?
How does the current Current Ratio for Safe Bulkers, Inc. (SB-PC) compare to its historical average?