Safe Bulkers (ATH:SB) Interest Expense: €-5,672 Mil (TTM As of Mar. 2026)

What is Safe Bulkers Interest Expense?

Safe Bulkers ATH:SB +0.89% 51 Interest Expense is €-5,672 Mil as of Mar. 2026. 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.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Safe Bulkers's interest expense for the three months ended in Mar. 2026 was € -5,653 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was €-5,672 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Safe Bulkers's Operating Income for the three months ended in Mar. 2026 was € 22,899 Mil. Safe Bulkers's Interest Expense for the three months ended in Mar. 2026 was € -5,653 Mil. Safe Bulkers's Interest Coverage for the quarter that ended in Mar. 2026 was 4.05. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Safe Bulkers (ATH:SB) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Safe Bulkers's Interest Expense for the three months ended in Mar. 2026 was €-5,653 Mil. Its Operating Income for the three months ended in Mar. 2026 was €22,899 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was €336,429 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	22899.145	/	-5652.775
	=	4.05

* 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.

The higher the ratio, the stronger the company's financial strength is.

Safe Bulkers Interest Expense Historical Data

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The historical data trend for Safe Bulkers's Interest Expense can be seen below:

Safe Bulkers Interest Expense Chart

Safe Bulkers Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-13.03

-16.18

-22.66

-29.96

-25.91

Safe Bulkers Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-6,846.85	-6.80	-6.47	-6.41	-5,652.78

51GF Score

Safe Bulkers Inc ATH:SB

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Safe Bulkers Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-5,672 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of €-5,672 Mil mean?

Safe Bulkers (ATH:SB) has a Interest Expense of €-5,672 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Safe Bulkers and its competitors.

Is Safe Bulkers' Interest Expense too high?

Safe Bulkers' current Interest Expense is €-5,672 Mil. 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' Interest Expense compare to ?

Safe Bulkers' Interest Expense of €-5,672 Mil 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 Interest Expense for a Transportation company?

A good Interest Expense depends on the Transportation industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Safe Bulkers and its competitors. Safe Bulkers's current Interest Expense is €-5,672 Mil. 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 Interest Expense is €-5,672 Mil. 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 Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Safe Bulkers (ATH:SB), the current Interest Expense is €-5,672 Mil 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:

Interest Expense: €-5,672 Mil
GF Value™: €3.92 vs. price of €6.25 (59.3% above fair value)
GF Score™: 51/100 with 9 warning signs

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

Industry Industrials Transportation

Comparable Companies

Other Exchanges SBpD.PFD:USA SBpC.PFD:USA SB:USA SBL:Germany

Address 6, Avenue des Citronniers, Apartment D11, Les Acanthes, Monaco City, MCO, MC98000

Website https://www.safebulkers.com

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

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

€6.25

Price

€3.92

GF Value

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