Safe Bulkers (SB-PD) Change in Accured Expenses (2009 - 2025)

Safe Bulkers (SB-PD) reported Change in Accured Expenses of -$4.1 million for Q4 2025, down 134.5% on a YoY basis from $11.8 million in Q4 2024, and down 134.5% quarter-over-quarter from $11.8 million in Q4 2024.

Safe Bulkers (SB-PD) Change in Accured Expenses (2009 - 2025) Analysis & Trends

Safe Bulkers has reported Change in Accured Expenses for 17 years, with the latest figure at -$4.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Change in Accured Expenses fell 134.5% year-over-year to -$4.1 million; the trailing twelve-month figure through Dec 2025 stood at -$4.4 million (down 137.08% YoY), and the FY2025 full-year result was $7.9 million, down 33.45% from the prior year.
  • Change in Accured Expenses for Q4 2025 stood at -$4.1 million, down from $11.8 million in the prior quarter.
  • The five-year high for Change in Accured Expenses was $11.8 million in Q4 2024, with the low at -$4.1 million in Q4 2025.
  • Historically, Change in Accured Expenses has averaged $5.2 million across 5 years, with a median of $5.3 million in 2021.
  • Annual changes were most pronounced in 2021 — Change in Accured Expenses surged 38827.27% — and 2025, when it sank 134.5%.
  • Safe Bulkers' Change in Accured Expenses stood at -$55000.0 in 2021, then jumped by 19674.55% to $10.8 million in 2022, then dropped by 22.13% to $8.4 million in 2023, then soared by 40.84% to $11.8 million in 2024, then slumped by 134.5% to -$4.1 million in 2025.
  • The last three Change in Accured Expenses figures came in at -$4.1 million (Q4 2025), $11.8 million (Q4 2024), and $8.4 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (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 -22.74 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 7.96 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - -5.99 Mn
10 Safe Bulkers - - -24.78 Mn -4.07 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.07 Mn
Dec 31, 2025 -4.07 Mn
Dec 31, 2024 11.81 Mn
Dec 31, 2024 11.81 Mn
Dec 31, 2023 8.38 Mn
Dec 31, 2023 8.38 Mn
Dec 31, 2022 10.77 Mn
Dec 31, 2022 10.77 Mn
Dec 31, 2021 -55,000.00
Dec 31, 2021 -55,000.00
Sep 30, 2021 4.26 Mn
Sep 30, 2021 4.26 Mn
Jun 30, 2021 5.26 Mn
Jun 30, 2021 5.26 Mn
Dec 31, 2020 -239,000.00
Dec 31, 2020 -239,000.00
Sep 30, 2020 -11,000.00
Sep 30, 2020 -11,000.00
Jun 30, 2020 5.13 Mn
Jun 30, 2020 5.13 Mn