Safe Bulkers (SB-PC) Notes Payables (2021 - 2023)

Safe Bulkers (SB-PC) reported Notes Payables of $109.0 million for Q1 2023, down 25.65% on a YoY basis from $146.6 million in Q1 2022, and down 24.83% quarter-over-quarter from $145.0 million in Q4 2022.

Safe Bulkers (SB-PC) Notes Payables (2021 - 2023) Analysis & Trends

Safe Bulkers has reported Notes Payables for 3 years, with the latest figure at $109.0 million in Q1 2023.

  • For the quarter ending Q1 2023, Notes Payables fell 25.65% year-over-year to $109.0 million; the trailing twelve-month figure through Mar 2023 stood at $109.0 million (down 25.65% YoY), and the FY2022 full-year result was $145.0 million, up 5.3% from the prior year.
  • Notes Payables for Q1 2023 stood at $109.0 million, down from $145.0 million in the prior quarter.
  • The five-year high for Notes Payables was $146.6 million in Q1 2022, with the low at $67.0 million in Q2 2021.
  • Historically, Notes Payables has averaged $121.7 million across 3 years, with a median of $136.5 million in 2021.
  • Annual changes were most pronounced in 2022 — Notes Payables surged 102.09% — and 2023, when it fell 25.65%.
  • Safe Bulkers' Notes Payables stood at $137.7 million in 2021, then increased by 5.3% to $145.0 million in 2022, then fell by 24.83% to $109.0 million in 2023.
  • The last three Notes Payables figures came in at $109.0 million (Q1 2023), $145.0 million (Q4 2022), and $144.3 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn
3 Matson 5.69 Bn 5.59 Bn -
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn
7 Costamare 1.93 Bn 1.42 Bn -
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn -
10 Safe Bulkers - - -24.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2023 109.00 Mn
Dec 31, 2022 145.00 Mn
Sep 30, 2022 144.30 Mn
Jun 30, 2022 135.40 Mn
Mar 31, 2022 146.60 Mn
Dec 31, 2021 137.70 Mn
Sep 30, 2021 88.90 Mn
Jun 30, 2021 67.00 Mn