Safe Bulkers (SB) Non-Current Debt (2009 - 2026)
Safe Bulkers' (SB) quarterly Non-Current Debt came in at $339.9 million in Q2 2026, down 30.73% YoY from $490.6 million in Q2 2025, and down 12.61% on a QoQ basis from $388.9 million in Q1 2026.
Safe Bulkers (SB) Non-Current Debt (2009 - 2026) Analysis & Trends
Safe Bulkers (SB) has 18 years of Non-Current Debt data on file, last reported at $339.9 million in Q2 2026.
- Quarterly Non-Current Debt fell 30.73% year-over-year to $339.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $339.9 million (down 30.73% YoY) and the FY2025 annual result came in at $497.8 million, up 4.04% from the prior year.
- Non-Current Debt retreated to $339.9 million in Q2 2026, from $388.9 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $497.8 million in Q4 2025 to a low of $293.3 million in Q1 2022.
- A 5-year average of $419.8 million and a median of $424.6 million in 2023 frame the typical range for Non-Current Debt.
- Annual changes were most pronounced in 2022 — Non-Current Debt sank 42.41% — and 2023, when it soared 34.07%.
- Tracing SB's Non-Current Debt over 5 years: stood at $370.8 million in 2022, then jumped by 30.09% to $482.4 million in 2023, then dropped by 0.82% to $478.4 million in 2024, then increased by 4.04% to $497.8 million in 2025, then tumbled by 31.72% to $339.9 million in 2026.
- The last three Non-Current Debt figures came in at $339.9 million (Q2 2026), $388.9 million (Q1 2026), and $497.8 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 1.03 Bn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 292.70 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 910.40 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 | - | 794.52 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 1.18 Bn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 670.79 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 984.27 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 1.50 Bn |
| 10 | Safe Bulkers | 826.69 Mn | 683.78 Mn | 62.00 Mn | 339.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 339.88 Mn |
| Mar 31, 2026 | 388.94 Mn |
| Dec 31, 2025 | 497.77 Mn |
| Sep 30, 2025 | 481.78 Mn |
| Jun 30, 2025 | 490.64 Mn |
| Mar 31, 2025 | 460.21 Mn |
| Dec 31, 2024 | 478.45 Mn |
| Sep 30, 2024 | 429.56 Mn |
| Jun 30, 2024 | 466.78 Mn |
| Mar 31, 2024 | 495.09 Mn |
| Dec 31, 2023 | 482.39 Mn |
| Sep 30, 2023 | 419.61 Mn |
| Jun 30, 2023 | 400.48 Mn |
| Mar 31, 2023 | 393.23 Mn |
| Dec 31, 2022 | 370.81 Mn |
| Sep 30, 2022 | 344.20 Mn |
| Jun 30, 2022 | 322.90 Mn |
| Mar 31, 2022 | 293.30 Mn |
| Dec 31, 2021 | 315.80 Mn |
| Sep 30, 2021 | 413.80 Mn |