Safe Bulkers (SB-PD) Debt to Equity (2009 - 2025)
Safe Bulkers (SB-PD) reported Debt to Equity of $0.65 for Q4 2025, up 0.76% on a YoY basis from $0.65 in Q4 2024, and up 0.76% quarter-over-quarter from $0.65 in Q4 2024.
Safe Bulkers (SB-PD) Debt to Equity (2009 - 2025) Analysis & Trends
Safe Bulkers has reported Debt to Equity for 17 years, with the latest figure at $0.65 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity rose 0.76% year-over-year to $0.65; the trailing twelve-month figure through Dec 2025 stood at $0.65 (up 0.76% YoY), and the FY2025 full-year result was $0.65, up 0.76% from the prior year.
- Debt to Equity for Q4 2025 stood at $0.65, up from $0.65 in the prior quarter.
- The five-year high for Debt to Equity was $0.94 in Q2 2021, with the low at $0.52 in Q4 2021.
- Historically, Debt to Equity has averaged $0.67 across 5 years, with a median of $0.65 in 2024.
- Annual changes were most pronounced in 2021 — Debt to Equity plunged 61.67% — and 2023, when it increased 19.22%.
- Safe Bulkers' Debt to Equity stood at $0.52 in 2021, then advanced by 2.5% to $0.54 in 2022, then advanced by 19.22% to $0.64 in 2023, then climbed by 0.83% to $0.65 in 2024, then gained by 0.76% to $0.65 in 2025.
- The last three Debt to Equity figures came in at $0.65 (Q4 2025), $0.65 (Q4 2024), and $0.64 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.27 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.13 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.48 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.43 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | - |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.69 |
| 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 | 0.65 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.65 |
| Dec 31, 2023 | 0.64 |
| Dec 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.52 |
| Sep 30, 2021 | 0.73 |
| Jun 30, 2021 | 0.94 |
| Dec 31, 2020 | 1.37 |
| Jun 30, 2020 | 1.42 |
| Dec 31, 2019 | 1.27 |
| Dec 31, 2018 | 1.23 |
| Dec 31, 2017 | 1.24 |
| Dec 31, 2016 | 1.01 |
| Sep 30, 2016 | 1.02 |
| Jun 30, 2016 | 1.01 |
| Dec 31, 2015 | 1.02 |
| Dec 31, 2014 | 0.66 |
| Dec 31, 2013 | 0.88 |
| Sep 30, 2013 | 1.03 |
| Dec 31, 2012 | 1.45 |