Safe Bulkers (SB) Current Leases (2021 - 2024)
Safe Bulkers' (SB) quarterly Current Leases came in at -$755000.0 in Q4 2024, up 30.54% YoY from -$578354.5 in Q1 2024, and down 457.82% on a QoQ basis from $211000.0 in Q1 2024.
Safe Bulkers (SB) Current Leases (2021 - 2024) Analysis & Trends
Safe Bulkers (SB) has 4 years of Current Leases data on file, last reported at -$755000.0 in Q4 2024.
- Quarterly Current Leases rose 30.54% year-over-year to -$755000.0 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$755000.0 (up 30.54% YoY) and the FY2024 annual result came in at -$755000.0, up 30.54% from the prior year.
- Current Leases retreated to -$755000.0 in Q4 2024, from $211000.0 in the prior quarter.
- In the past five years, Current Leases ranged from a high of $21.9 million in Q4 2021 to a low of -$1.1 million in Q4 2023.
- A 4-year average of $10.0 million and a median of $9.8 million in 2022 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2023 — Current Leases slumped 93.06% — and 2024, when it surged 30.54%.
- Tracing SB's Current Leases over 4 years: stood at $21.9 million in 2021, then retreated by 16.21% to $18.4 million in 2022, then tumbled by 105.91% to -$1.1 million in 2023, then surged by 30.54% to -$755000.0 in 2024.
- The last three Current Leases figures came in at -$755000.0 (Q4 2024), $211000.0 (Q1 2024), and -$1.1 million (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 38.61 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 132.80 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | - |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 28.42 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 68.41 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | - |
| 10 | Safe Bulkers | 826.69 Mn | 683.78 Mn | 62.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -755,000.00 |
| Mar 31, 2024 | 211,000.00 |
| Dec 31, 2023 | -1.09 Mn |
| 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 |