Safe Bulkers (ATH:SB) Current Ratio: 1.37 (As of Mar. 2026) — 24% Below Median


ATH:SB Safe Bulkers Inc ATH:SB
51 GF Score
Price €6.25
GF Value €3.92
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Safe Bulkers Current Ratio?

Safe Bulkers ATH:SB +0.89% 51 Current Ratio is 1.37 as of Mar. 2026, which is 24% below its 10-year median of 1.80. GuruFocus rates ATH:SB with a GF Score™ of 51/100 and a GF Value™ of €3.92 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,010 Transportation companies, Safe Bulkers ranks worse than 55.15% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Safe Bulkers's current ratio for the quarter that ended in Mar. 2026 was 1.37.

Safe Bulkers has a current ratio of 1.37. It generally indicates good short-term financial strength.

The historical rank and industry rank for Safe Bulkers's Current Ratio or its related term are showing as below:

ATH:SB' s Current Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.8   Max: 4.85
Current: 1.37

During the past 13 years, Safe Bulkers's highest Current Ratio was 4.85. The lowest was 0.75. And the median was 1.80.

ATH:SB's Current Ratio is ranked worse than
55.15% of 1010 companies
in the Transportation industry
Industry Median: 1.47 vs ATH:SB: 1.37

Safe Bulkers  (ATH:SB) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Safe Bulkers Current Ratio Related Terms


Safe Bulkers Current Ratio Historical Data

* Premium members only.

The historical data trend for Safe Bulkers's Current Ratio 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.

Safe Bulkers Current Ratio Chart

Safe Bulkers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.73 2.63 1.91 2.90

Safe Bulkers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.74 1.70 2.72 2.90 1.37

ATH:SB vs : Current Ratio Comparison

For the Marine Shipping subindustry, Safe Bulkers's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Safe Bulkers's Current Ratio distribution charts can be found below:

* The bar in red indicates where Safe Bulkers's Current Ratio falls into.


ATH:SB
51GF Score
Safe Bulkers Inc ATH:SB
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Safe Bulkers Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Safe Bulkers's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=171.313/58.976
=2.90

Safe Bulkers's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=215736.19/156921.38
=1.37

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.37 mean?
Safe Bulkers (ATH:SB) has a Current Ratio of 1.37 as of Mar. 2026. This is 24% below median its historical median of 1.80. Over the past decade, Safe Bulkers' Current Ratio has ranged from 0.75 to 4.85. According to the industry distribution chart, Safe Bulkers ranks #557 out of 1010 companies in the Transportation industry, placing it in the top 55.1%.
Is Safe Bulkers' Current Ratio too high?
Safe Bulkers' current Current Ratio of 1.37 is 24% below median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 4.85. The Transportation industry median Current Ratio is 1.47. Safe Bulkers' value of 1.37 is 6.8% below this industry median. Based on the distribution chart, Safe Bulkers ranks #557 out of 1010 companies in the Transportation industry, which is below the industry midpoint. Overall, Safe Bulkers has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe Bulkers' Current Ratio compare to ?
According to the Transportation industry distribution chart, Safe Bulkers ranks #557 out of 1010 companies for Current Ratio. This places Safe Bulkers in the lower half of its industry. The industry median Current Ratio is 1.47. Safe Bulkers' value of 1.37 is 6.8% below this benchmark. Historically, Safe Bulkers' own Current Ratio has ranged from 0.75 to 4.85 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.47, Safe Bulkers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safe Bulkers's current Current Ratio of 1.37 is 6.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Bulkers's current Current Ratio is 1.37, which is 24% below median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Bulkers stock overvalued right now?
Based on GuruFocus' analysis, Safe Bulkers (ATH:SB) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.92, compared to a current price of €6.25 — trading 59.3% above its estimated fair value. The current Current Ratio is 1.37, which is 24% below median its 10-year median of 1.80 and 6.8% below the Transportation industry median of 1.47. Safe Bulkers' overall GF Score™ is 51/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Safe Bulkers (ATH:SB), the current Current Ratio is 1.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Safe Bulkers (ATH:SB) Overvalued in 2026?

Based on GuruFocus' analysis, Safe Bulkers stock appears to be overvalued. The current stock price of €6.25 is trading 59.3% above its estimated GF Value™ of €3.92. GuruFocus considers Safe Bulkers to be Significantly Overvalued.

Key valuation signals for ATH:SB:

  • Current Ratio: 1.37 (24% below median its 10-year median of 1.80)
  • GF Value™: €3.92 vs. price of €6.25 (59.3% above fair value)
  • GF Score™: 51/100 with 9 warning signs
  • Industry Position: 6.8% below the Transportation median (#557 of 1010)

No single metric tells the full story. See the ATH:SB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Safe Bulkers Business Description

Comparable Companies
Address 6, Avenue des Citronniers, Apartment D11, Les Acanthes, Monaco City, MCO, MC98000
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. The company generates almost all of its revenue from Time Charters.
51GF Score

Get the complete analysis for ATH:SB

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.25
Price
€3.92
GF Value