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Safe Bulkers (Safe Bulkers) Debt-to-Revenue : 1,601.42 (As of Mar. 2024)


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What is Safe Bulkers Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Safe Bulkers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $30.17 Mil. Safe Bulkers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $495.09 Mil. Safe Bulkers's annualized Revenue for the quarter that ended in Mar. 2024 was $0.33 Mil. Safe Bulkers's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1,601.41.


Safe Bulkers Debt-to-Revenue Historical Data

The historical data trend for Safe Bulkers's Debt-to-Revenue 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 Debt-to-Revenue Chart

Safe Bulkers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 3.07 1.15 1.19 1.78

Safe Bulkers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 1.56 1.58 1.70 1.54 1,601.42

Competitive Comparison of Safe Bulkers's Debt-to-Revenue

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

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

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



Safe Bulkers Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Safe Bulkers's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(24.781 + 482.391) / 284.401
=1.78

Safe Bulkers's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(30.172 + 495.092) / 0.328
=1,601.41

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Safe Bulkers Debt-to-Revenue Related Terms

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Safe Bulkers (Safe Bulkers) Business Description

Traded in Other Exchanges
Address
6, Avenue des Citronniers, Apt. 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.

Safe Bulkers (Safe Bulkers) Headlines