Safe Bulkers (SB) Non-Current Debt (2009 - 2026)

Safe Bulkers (SB) posted Non-Current Debt of $388.9 million for Q1 2026, down 21.86% on a QoQ basis from $497.8 million in Q4 2025, and down 15.49% year-over-year from $460.2 million in Q1 2025.

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

Safe Bulkers' Non-Current Debt history runs 18 years deep, the most recent figure standing at $388.9 million for Q1 2026.

  • Quarterly Non-Current Debt fell 15.49% year-over-year to $388.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $388.9 million (down 15.49% YoY) and the FY2025 annual result came in at $497.8 million, up 4.04% from the prior year.
  • Non-Current Debt was $388.9 million for Q1 2026 at Safe Bulkers, down from $497.8 million in the prior quarter.
  • Across five years, Non-Current Debt topped out at $497.8 million in Q4 2025 and bottomed at $370.8 million in Q4 2022.
  • A 5-year average of $438.1 million and a median of $429.6 million in 2024 frame the typical range for Non-Current Debt.
  • Annual changes were most pronounced in 2022 — Non-Current Debt fell 25.42% — and 2023, when it soared 30.09%.
  • Safe Bulkers' Non-Current Debt stood at $370.8 million in 2022, then soared by 30.09% to $482.4 million in 2023, then fell by 0.82% to $478.4 million in 2024, then gained by 4.04% to $497.8 million in 2025, then decreased by 21.86% to $388.9 million in 2026.
  • Business Quant data shows SB's Non-Current Debt at $388.9 million in Q1 2026, $497.8 million in Q4 2025, and $481.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn -
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 1.00 Bn
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn 1.78 Bn
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn 2.31 Bn
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 50.32 Mn
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 911.92 Mn
7 Matson 6.26 Bn 6.16 Bn - 302.20 Mn
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn 910.40 Mn
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - 655,907.00
10 Safe Bulkers 768.80 Mn 597.03 Mn 53.24 Mn 388.94 Mn

Historic Data

Download Data
DateValue
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 410.83 Mn
Jun 30, 2022 401.24 Mn
Mar 31, 2022 379.83 Mn
Dec 31, 2021 315.80 Mn
Sep 30, 2021 371.31 Mn
Jun 30, 2021 446.92 Mn