Safe Bulkers (SB) Current Leases (2021 - 2024)
Safe Bulkers (SB) reported Current Leases of $211000.0 for Q1 2024, down 71.79% quarter-over-quarter from $748000.0 in Q4 2023.
Safe Bulkers (SB) Current Leases (2021 - 2024) Analysis & Trends
Safe Bulkers has reported Current Leases for 4 years, with the latest figure at $211000.0 in Q1 2024.
- For the quarter ending Q1 2024, Current Leases changed N/A year-over-year to $211000.0; the trailing twelve-month figure through Mar 2024 stood at $211000.0 (changed N/A YoY), and the FY2023 full-year result was $748000.0, changed N/A from the prior year.
- Current Leases for Q1 2024 stood at $211000.0, down from $748000.0 in the prior quarter.
- The five-year high for Current Leases was $21.9 million in Q4 2021, with the low at $211000.0 in Q1 2024.
- Historically, Current Leases has averaged $11.8 million across 4 years, with a median of $18.4 million in 2022.
- The largest YoY upside for Current Leases was 93.06% in 2023 against a maximum downside of 93.06% in 2023.
- Safe Bulkers' Current Leases stood at $21.9 million in 2021, then retreated by 16.21% to $18.4 million in 2022, then slumped by 95.93% to $748000.0 in 2023, then sank by 71.79% to $211000.0 in 2024.
- The last three Current Leases figures came in at $211000.0 (Q1 2024), $748000.0 (Q4 2023), and $1.3 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 7,853.00 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 45.77 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 125.30 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | - |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 28.62 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 | 27.15 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Safe Bulkers | 1,950.00 | -146.39 Mn | -24.78 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 211,000.00 |
| Dec 31, 2023 | 748,000.00 |
| Sep 30, 2023 | 1.28 Mn |
| Sep 30, 2022 | 18.39 Mn |
| Jun 30, 2022 | 19.59 Mn |
| Mar 31, 2022 | 20.78 Mn |
| Dec 31, 2021 | 21.95 Mn |