Safe Bulkers (Safe Bulkers) Accumulated Depreciation : $-460.1 Mil (As of Dec. 2023)

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What is Safe Bulkers Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Safe Bulkers's quarterly accumulated depreciation stayed the same from Jun. 2023 ($0.0 Mil) to Sep. 2023 ($0.0 Mil) but then increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($-460.1 Mil).

Safe Bulkers's annual accumulated depreciation increased from Dec. 2021 ($-403.2 Mil) to Dec. 2022 ($-437.7 Mil) and increased from Dec. 2022 ($-437.7 Mil) to Dec. 2023 ($-460.1 Mil).

Safe Bulkers Accumulated Depreciation Historical Data

The historical data trend for Safe Bulkers's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Safe Bulkers Accumulated Depreciation Chart

Safe Bulkers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-367.37

-415.30

-403.23

-437.67

-460.09

Safe Bulkers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-437.67	-	-	-	-460.09

Safe Bulkers Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Safe Bulkers Accumulated Depreciation Related Terms

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Safe Bulkers (Safe Bulkers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Safe Bulkers Inc (NYSE:SB) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

SBpD.PFD:USA SBpC.PFD:USA SBL:Germany

Address

6, Avenue des Citronniers, Apt. D11, Les Acanthes, Monaco City, MCO, MC98000

Website

https://www.safebulkers.com

Safe Bulkers Inc is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along international shipping routes for consumers of marine drybulk transportation services. The company employs its vessels on both period time charters and spot time charters, according to the assessment of market conditions, with consumers of marine drybulk transportation services.