Safe Bulkers (SB) Interest Coverage Ratio (2009 - 2026)
Safe Bulkers (SB) posted Interest Coverage Ratio of 11.45 for Q1 2026, down 1308.62% on a QoQ basis from 0.81 in Q4 2025, and down 37.12% year-over-year from 18.21 in Q1 2025.
Safe Bulkers (SB) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Safe Bulkers' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 11.45 for Q1 2026.
- Quarterly Interest Coverage Ratio fell 37.12% year-over-year to 11.45 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.65 (up 491.57% YoY) and the FY2025 annual result came in at 1.99, down 51.43% from the prior year.
- Interest Coverage Ratio was 11.45 for Q1 2026 at Safe Bulkers, down from 0.81 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.71 in Q4 2024 and bottomed at 25.73 in Q2 2022.
- A 5-year average of 10.56 and a median of 9.83 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 295.74% — and 2023, when it jumped 103.39%.
- Safe Bulkers' Interest Coverage Ratio stood at 10.49 in 2022, then soared by 103.39% to 0.36 in 2023, then jumped by 100.62% to 0.71 in 2024, then sank by 214.03% to 0.81 in 2025, then sank by 1308.62% to 11.45 in 2026.
- Business Quant data shows SB's Interest Coverage Ratio at 11.45 in Q1 2026, 0.81 in Q4 2025, and 9.73 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,968,558.65 Bn | 2,968,557.73 Bn | 57.20 Mn | 0.16 |
| 2 | Danaos | 2,526.27 Bn | 2,525.40 Bn | 203.71 Mn | 9.51 |
| 3 | Sfl | 1,574.72 Bn | 1,574.57 Bn | 66.27 Mn | 1.66 |
| 4 | Capital Clean Energy Carriers | 1,410.00 Bn | 1,409.46 Bn | 95.52 Mn | -4.00 |
| 5 | Globus Maritime | 58.94 Bn | 58.91 Bn | 8,083.00 | -0.01 |
| 6 | Kirby | 7.99 Bn | 7.92 Bn | 291.34 Mn | 37.26 |
| 7 | Matson | 6.24 Bn | 6.14 Bn | - | 0.15 |
| 8 | Intercont (Cayman) | 3.95 Bn | 3.95 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.60 Bn | 152.41 Mn | -8.49 |
| 10 | Safe Bulkers | 762.67 Mn | 590.90 Mn | 53.24 Mn | -11.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.45 |
| Dec 31, 2025 | -0.81 |
| Sep 30, 2025 | -9.73 |
| Jun 30, 2025 | -7.71 |
| Mar 31, 2025 | -8.35 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | -9.83 |
| Jun 30, 2024 | -9.70 |
| Mar 31, 2024 | -9.57 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | -10.15 |
| Jun 30, 2023 | -11.08 |
| Mar 31, 2023 | -11.39 |
| Dec 31, 2022 | -10.49 |
| Sep 30, 2022 | -18.96 |
| Jun 30, 2022 | -25.73 |
| Mar 31, 2022 | -25.67 |
| Dec 31, 2021 | -22.69 |
| Sep 30, 2021 | -16.81 |
| Jun 30, 2021 | -9.64 |