GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Star Bulk Carriers Corp (NAS:SBLK) » Definitions » Debt-to-Equity

Star Bulk Carriers (Star Bulk Carriers) Debt-to-Equity : 0.76 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Star Bulk Carriers Debt-to-Equity?

Star Bulk Carriers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $257.1 Mil. Star Bulk Carriers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,007.8 Mil. Star Bulk Carriers's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,660.1 Mil. Star Bulk Carriers's debt to equity for the quarter that ended in Dec. 2023 was 0.76.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Star Bulk Carriers's Debt-to-Equity or its related term are showing as below:

SBLK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66   Med: 0.89   Max: 1.03
Current: 0.76

During the past 13 years, the highest Debt-to-Equity Ratio of Star Bulk Carriers was 1.03. The lowest was 0.66. And the median was 0.89.

SBLK's Debt-to-Equity is ranked worse than
59.89% of 885 companies
in the Transportation industry
Industry Median: 0.55 vs SBLK: 0.76

Star Bulk Carriers Debt-to-Equity Historical Data

The historical data trend for Star Bulk Carriers's Debt-to-Equity 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.

Star Bulk Carriers Debt-to-Equity Chart

Star Bulk Carriers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.01 0.76 0.66 0.76

Star Bulk Carriers Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 0.66 0.64 0.60 0.58 0.76

Competitive Comparison of Star Bulk Carriers's Debt-to-Equity

For the Marine Shipping subindustry, Star Bulk Carriers's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Star Bulk Carriers's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Star Bulk Carriers's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Star Bulk Carriers's Debt-to-Equity falls into.



Star Bulk Carriers Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Star Bulk Carriers's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Star Bulk Carriers's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Star Bulk Carriers  (NAS:SBLK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Star Bulk Carriers Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Star Bulk Carriers's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Star Bulk Carriers (Star Bulk Carriers) Business Description

Traded in Other Exchanges
Address
C/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, GRC, 15124
Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Panamax, and Supramax. It generates revenues through the voyages it carries out.
Executives
Ramius Advisors Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Rcg Enterprise Ltd 10 percent owner 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Rcg Carpathia Master Fund Ltd 10 percent owner C/O RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Rcg Baldwin Lp 10 percent owner C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Peter A Cohen 10 percent owner, other: See Explanation of Responses 40 WEST 57TH STREET, SUITE 2020, NEW YORK NY 10019
Thomas W Strauss 10 percent owner, other: See Explanation of Responses 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Ramius Capital Group Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
C4s & Co Llc 10 percent owner, other: See Explanation of Responses RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Morgan B Stark 10 percent owner, other: See Explanation of Responses C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Jeffrey M Solomon 10 percent owner, other: See Explanation of Responses 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022