Safe Bulkers, Inc. (SB.PC) balance sheet

SB.PCNYSEDeep Sea Foreign Transportation of FreightAlso trades as SB, SB.PD

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 4, 2026Score 2/30

$25.77+0.00 (0.00%)

Close on Oct 30, 2026Market cap $851.14MP/E 26.7Yield 2.50%

Safe Bulkers, Inc. balance sheet

Millions of USD, except per-share data. Shares in millions.

Line item	Q4 2025 2025-12-31	Q4 2024 2024-12-31	Q4 2023 2023-12-31	Q4 2022 2022-12-31	Q4 2021 2021-12-31	Q3 2021 2021-09-30	Q2 2021 2021-06-30	Q4 2020 2020-12-31	Q3 2020 2020-09-30	Q2 2020 2020-06-30	Q4 2019 2019-12-31	Q2 2019 2019-06-30	Q4 2018 2018-12-31	Q4 2017 2017-12-31	Q4 2016 2016-12-31	Q3 2016 2016-09-30	Q2 2016 2016-06-30	Q4 2015 2015-12-31	Q3 2015 2015-09-30	Q2 2015 2015-06-30	Q4 2014 2014-12-31	Q4 2013 2013-12-31	Q3 2013 2013-09-30	Q4 2012 2012-12-31	Q3 2012 2012-09-30	Q4 2011 2011-12-31	Q4 2010 2010-12-31	Q4 2009 2009-12-31	Q4 2008 2008-12-31
Cash & Equivalents	142	81	48	59	111	95	114	112	64	64	93	60	63	57	93	59	83	203	141	118	107	65	21	103	122	28	65	18	28
Short-Term Investments	4.81	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Cash & Short-Term Investments	146	81	48	59	111	95	114	112	64	64	93	60	63	57	93	59	83	203	141	118	107	65	21	103	122	28	65	18	28
Receivables	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.53	4.57	7.56	5.25	–	5.55	1.29	–	–
Inventory	19	15	17	17	8.65	7.21	9.60	12	–	12	9.27	–	4.14	4.23	5.17	3.90	5.26	5.17	–	–	11	13	7.73	5.90	–	2.65	1.42	–	–
Prepaid Expenses & Other	5.36	7.01	6.61	5.76	3.48	3.38	2.90	3.84	–	3.43	4.27	–	2.82	1.73	2.02	2.38	2.34	1.68	–	–	1.72	2.79	2.89	2.80	–	1.61	1.16	–	–
Total Current Assets	201	165	147	158	124	140	172	135	–	121	136	–	101	79	111	92	134	243	–	–	136	173	81	172	–	38	104	–	–
Property, Plant & Equipment	1,106	1,144	1,092	1,001	864	852	860	942	–	971	945	–	955	943	1,039	1,051	1,033	988	–	–	960	855	865	810	–	655	541	–	–
Gross Property, Plant & Equipment	1,624	1,638	1,552	1,439	1,268	1,242	1,245	1,357	–	1,365	1,312	–	1,272	1,212	1,325	1,325	1,294	1,225	–	–	1,161	1,013	1,013	930	–	743	605	–	–
Accumulated Depreciation	-519	-494	-460	-438	-403	-390	-385	-415	–	-394	-367	–	-317	-269	-286	-273	-261	-237	–	–	-200	-157	-148	-120	–	-88	-64	–	–
Other Long-Term Assets	0.02	0.04	0.01	0.03	0.10	0.12	0.14	0.56	–	0.21	0.24	–	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Assets	1,403	1,403	1,340	1,246	1,094	1,064	1,077	1,106	–	1,114	1,115	–	1,076	1,035	1,174	1,168	1,218	1,310	–	–	1,176	1,112	1,056	1,082	–	877	805	–	–
Accrued Expenses	7.86	12	8.38	11	5.37	4.26	5.26	4.66	–	5.13	6.60	–	6.88	3.67	4.15	2.50	3.07	3.98	–	–	4.47	3.87	3.69	6.36	–	6.56	5.90	–	–
Current Portion of Long-Term Debt	45	61	27	46	41	36	29	77	–	64	65	–	37	27	13	13	32	80	–	–	17	35	35	19	–	18	28	–	–
Current Debt	45	61	27	46	41	36	29	77	–	64	65	–	37	27	13	13	32	80	–	–	17	35	35	19	–	18	28	–	–
Deferred Revenue (Current)	5.22	6.54	11	9.52	11	12	7.11	6.22	–	4.65	3.04	–	5.41	3.54	2.04	1.70	1.44	1.96	–	–	3.60	13	13	18	–	23	11	–	–
Total Current Liabilities	69	86	56	91	89	66	68	105	–	89	87	–	55	37	24	21	41	106	–	–	27	57	58	47	–	52	53	–	–
Long-Term Debt	504	485	489	377	319	375	450	535	–	566	540	–	542	545	574	577	581	575	–	–	452	473	485	596	–	466	467	–	–
Other Long-Term Liabilities	3.31	2.51	5.93	4.24	2.60	2.22	1.84	1.24	–	0.76	0.27	–	0	0	1.50	1.96	–	0	–	–	–	–	–	–	–	–	–	–	–
Total Liabilities	572	571	547	474	415	447	523	643	–	656	625	–	593	579	595	597	618	675	–	–	476	534	551	656	–	545	561	–	–
Total Debt	549	546	516	423	360	411	479	612	–	630	606	–	580	572	588	590	614	655	–	–	470	508	520	616	–	484	495	–	–
Preferred Stock	0.04	0.04	0.04	0.04	0.06	0.06	0.06	0.06	–	0.06	0.06	–	0.06	0.06	0.07	0.07	0.07	0.07	–	–	0.07	0.02	0.02	0	–	0	–	–	–
Common Stock	0.10	0.11	0.11	0.12	0.12	0.12	0.12	0.10	–	0.10	0.10	–	0.10	0.10	0.10	0.08	0.08	0.08	–	–	0.08	0.08	0.08	0.08	–	0.07	0.07	–	–
Additional Paid-In Capital	313	324	353	379	425	425	415	354	–	354	357	–	355	361	384	368	369	370	–	–	370	237	189	150	–	115	75	–	–
Retained Earnings	517	507	439	393	254	191	139	90	–	86	116	–	111	95	194	202	230	264	–	–	330	341	316	276	–	217	169	–	–
Treasury Stock	–	–	–	–	–	–	–	–	–	–	0	–	-0.74	-0.12	-0.12	-0.12	–	0	–	–	–	–	–	–	–	–	–	–	–
Shareholders' Equity	831	832	793	772	679	617	554	445	440	440	473	465	466	456	579	571	599	634	668	680	700	578	505	426	397	332	244	97	–
Total Equity	831	832	793	772	679	617	554	445	440	440	473	465	466	456	579	571	599	634	668	680	700	578	505	426	397	332	244	97	-36
Total Liabilities & Equity	1,403	1,403	1,340	1,246	1,094	1,064	1,077	1,106	–	1,114	1,115	–	1,076	1,035	1,174	1,168	1,218	1,310	–	–	1,176	1,112	1,056	1,082	–	877	805	–	–
Shares Outstanding(shares)	102	102	105	112	122	122	119	102	–	102	104	–	103	102	99	84	84	83	–	–	83	83	77	77	–	71	66	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY

Gross margin: –
Operating margin: –
Net margin: –
Return on equity, FY2025: 4.6%

Financial strength

Current ratio: 2.90
Debt to equity: 0.66
Debt to assets: 39.1%
Cash to current liabilities: 205.0%

Valuation

P/E ratio: 26.7
Price to sales: –
Price to book: 1.02
Dividend yield: 2.50%