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| Date | Value |
|---|---|
| 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 |