Safe Bulkers (SB) Debt Ratio (2009 - 2026)

Safe Bulkers (SB) posted Debt Ratio of 0.38 for Q1 2026, down 0.51% on a QoQ basis from 0.38 in Q4 2025, and up 1.79% year-over-year from 0.38 in Q1 2025.

Safe Bulkers (SB) Debt Ratio (2009 - 2026) Analysis & Trends

Safe Bulkers' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.38 for Q1 2026.

  • Quarterly Debt Ratio rose 1.79% year-over-year to 0.38 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.38 (up 1.79% YoY) and the FY2025 annual result came in at 0.38, up 0.65% from the prior year.
  • Debt Ratio was 0.38 for Q1 2026 at Safe Bulkers, down from 0.38 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.39 in Q2 2025 and bottomed at 0.33 in Q4 2022.
  • A 5-year average of 0.37 and a median of 0.37 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio tumbled 36.23% — and 2024, when it climbed 15.89%.
  • Safe Bulkers' Debt Ratio stood at 0.33 in 2022, then rose by 13.82% to 0.38 in 2023, then climbed by 1.04% to 0.38 in 2024, then rose by 0.65% to 0.38 in 2025, then decreased by 0.51% to 0.38 in 2026.
  • Business Quant data shows SB's Debt Ratio at 0.38 in Q1 2026, 0.38 in Q4 2025, and 0.38 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 ZIM Integrated Shipping Services 2,966,149.28 Bn 2,966,148.36 Bn 57.20 Mn -
2 Danaos 2,540.48 Bn 2,539.60 Bn 203.71 Mn 0.20
3 Sfl 1,576.05 Bn 1,575.90 Bn 66.27 Mn 0.70
4 Capital Clean Energy Carriers 1,398.00 Bn 1,397.46 Bn 95.52 Mn 0.61
5 Globus Maritime 60.60 Bn 60.57 Bn 8,083.00 0.19
6 Kirby 8.02 Bn 7.94 Bn 291.34 Mn 0.15
7 Matson 6.28 Bn 6.18 Bn - 0.07
8 Intercont (Cayman) 3.97 Bn 3.97 Bn - 0.35
9 Hafnia 3.74 Bn 3.62 Bn 152.41 Mn 0.29
10 Safe Bulkers 767.21 Mn 595.43 Mn 53.24 Mn 0.38

Historic Data

Download Data
DateValue
Mar 31, 2026 0.38
Dec 31, 2025 0.38
Sep 30, 2025 0.38
Jun 30, 2025 0.39
Mar 31, 2025 0.38
Dec 31, 2024 0.38
Sep 30, 2024 0.36
Jun 30, 2024 0.37
Mar 31, 2024 0.39
Dec 31, 2023 0.38
Sep 30, 2023 0.35
Jun 30, 2023 0.36
Mar 31, 2023 0.34
Dec 31, 2022 0.33
Sep 30, 2022 0.35
Jun 30, 2022 0.35
Mar 31, 2022 0.34
Dec 31, 2021 0.33
Sep 30, 2021 0.38
Jun 30, 2021 0.44