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Safe Bulkers (Safe Bulkers) Gross-Profit-to-Asset % : 13.23% (As of Dec. 2023)


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What is Safe Bulkers Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Safe Bulkers's annualized Gross Profit for the quarter that ended in Dec. 2023 was $171.58 Mil. Safe Bulkers's average Total Assets over the quarter that ended in Dec. 2023 was $1,297.27 Mil. Therefore, Safe Bulkers's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 13.23%.


Safe Bulkers Gross-Profit-to-Asset % Historical Data

The historical data trend for Safe Bulkers's Gross-Profit-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 Gross-Profit-to-Asset % Chart

Safe Bulkers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 2.90 17.72 17.95 9.24

Safe Bulkers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-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 15.75 8.37 8.75 7.40 13.23

Competitive Comparison of Safe Bulkers's Gross-Profit-to-Asset %

For the Marine Shipping subindustry, Safe Bulkers's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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 Gross-Profit-to-Asset % Distribution in the Transportation Industry

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

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



Safe Bulkers Gross-Profit-to-Asset % Calculation

Safe Bulkers's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=119.405/( (1245.918+1339.816)/ 2 )
=119.405/1292.867
=9.24 %

Safe Bulkers's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=171.576/( (1254.728+1339.816)/ 2 )
=171.576/1297.272
=13.23 %

* 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 Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Safe Bulkers Gross-Profit-to-Asset % 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.