SB (Safe Bulkers) Debt-to-Asset : 0.36 (As of Jun. 2026)

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SB Safe Bulkers Inc SB
64 GF Score
Price $8.52
GF Value $5.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Safe Bulkers Debt-to-Asset?

Safe Bulkers SB +1.19% 64 Debt-to-Asset is 0.36 as of Jun. 2026. GuruFocus rates SB with a GF Score™ of 64/100 and a GF Value™ of $5.06 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Safe Bulkers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $171.6 Mil. Safe Bulkers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $339.9 Mil. Safe Bulkers's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $1,429.2 Mil. Safe Bulkers's debt to asset for the quarter that ended in Jun. 2026 was 0.36.

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

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Safe Bulkers Debt-to-Asset Related Terms

Safe Bulkers Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Safe Bulkers's Debt-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.

Safe Bulkers Debt-to-Asset Chart

Safe Bulkers Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.33 0.38 0.38 0.39

Safe Bulkers Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset 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 0.39 0.38 0.39 0.38 0.36

SB vs ASC, ESEA, PANL: Debt-to-Asset Comparison

For the Marine Shipping subindustry, Safe Bulkers's Debt-to-Asset, along with its competitors' market caps and Debt-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 Debt-to-Asset vs Transportation Industry

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

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


SB
64GF Score
Safe Bulkers Inc SB
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Safe Bulkers Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Safe Bulkers's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(42.371 + 497.772) / 1403.182
=0.38

Safe Bulkers's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(171.564 + 339.884) / 1429.161
=0.36

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 0.36 mean?
Safe Bulkers (SB) has a Debt-to-Asset of 0.36 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Safe Bulkers and its competitors.
Is Safe Bulkers' Debt-to-Asset too high?
Safe Bulkers' current Debt-to-Asset is 0.36. Overall, Safe Bulkers has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe Bulkers' Debt-to-Asset compare to ASC and ESEA?
Safe Bulkers' Debt-to-Asset of 0.36 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Transportation company?
A good Debt-to-Asset depends on the Transportation industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Safe Bulkers and its competitors. Safe Bulkers's current Debt-to-Asset is 0.36. 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 (SB) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.06, compared to a current price of $8.52 — trading 68.4% above its estimated fair value. The current Debt-to-Asset is 0.36. Safe Bulkers' overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Safe Bulkers (SB), the current Debt-to-Asset is 0.36 as of Jun. 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 (SB) Overvalued in 2026?

Based on GuruFocus' analysis, Safe Bulkers stock appears to be overvalued. The current stock price of $8.52 is trading 68.4% above its estimated GF Value™ of $5.06. GuruFocus considers Safe Bulkers to be Significantly Overvalued.

Key valuation signals for SB:

  • Debt-to-Asset: 0.36
  • GF Value™: $5.06 vs. price of $8.52 (68.4% above fair value)
  • GF Score™: 64/100 with 7 warning signs

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

Safe Bulkers Business Description

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.
64GF Score

Get the complete analysis for SB

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

$8.52
Price
$5.06
GF Value