Safe Bulkers (Safe Bulkers) Equity-to-Asset : 0.59 (As of Dec. 2023)

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What is Safe Bulkers Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Safe Bulkers's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $792.5 Mil. Safe Bulkers's Total Assets for the quarter that ended in Dec. 2023 was $1,339.8 Mil. Therefore, Safe Bulkers's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

The historical rank and industry rank for Safe Bulkers's Equity-to-Asset or its related term are showing as below:

SB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.49 Max: 0.62
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Safe Bulkers was 0.62. The lowest was 0.40. And the median was 0.49.

SB's Equity-to-Asset is ranked better than
66.94% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs SB: 0.59

Safe Bulkers Equity-to-Asset Historical Data

The historical data trend for Safe Bulkers's Equity-to-Asset 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.

* Premium members only.

Safe Bulkers Equity-to-Asset Chart

Safe Bulkers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.42

0.40

0.62

0.59

Safe Bulkers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.62	0.62	0.61	0.62	0.59

Competitive Comparison of Safe Bulkers's Equity-to-Asset

For the Marine Shipping subindustry, Safe Bulkers's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Safe Bulkers's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Safe Bulkers's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Safe Bulkers's Equity-to-Asset falls into.

Safe Bulkers Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Safe Bulkers's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	792.511	/	1339.816
	=	0.59

Safe Bulkers's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	792.511	/	1339.816
	=	0.59

Safe Bulkers (NYSE:SB) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Safe Bulkers Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Safe Bulkers's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Safe Bulkers (Safe Bulkers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Safe Bulkers Inc (NYSE:SB) » Definitions » Equity-to-Asset

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.