Safe Bulkers (SB) Notes Payables (2021 - 2023)
Safe Bulkers (SB) reported Notes Payables of $109.0 million for Q1 2023, down 25.65% on a YoY basis from $146.6 million in Q1 2022, and down 24.83% quarter-over-quarter from $145.0 million in Q4 2022.
Safe Bulkers (SB) Notes Payables (2021 - 2023) Analysis & Trends
Safe Bulkers has reported Notes Payables for 3 years, with the latest figure at $109.0 million in Q1 2023.
- For the quarter ending Q1 2023, Notes Payables fell 25.65% year-over-year to $109.0 million; the trailing twelve-month figure through Mar 2023 stood at $109.0 million (down 25.65% YoY), and the FY2022 full-year result was $145.0 million, up 5.3% from the prior year.
- Notes Payables for Q1 2023 stood at $109.0 million, down from $145.0 million in the prior quarter.
- The five-year high for Notes Payables was $146.6 million in Q1 2022, with the low at $67.0 million in Q2 2021.
- Historically, Notes Payables has averaged $121.7 million across 3 years, with a median of $136.5 million in 2021.
- Annual changes were most pronounced in 2022 — Notes Payables surged 102.09% — and 2023, when it fell 25.65%.
- Safe Bulkers' Notes Payables stood at $137.7 million in 2021, then increased by 5.3% to $145.0 million in 2022, then fell by 24.83% to $109.0 million in 2023.
- The last three Notes Payables figures came in at $109.0 million (Q1 2023), $145.0 million (Q4 2022), and $144.3 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - |
| 10 | Safe Bulkers | 1,950.00 | -146.39 Mn | -24.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 109.00 Mn |
| Dec 31, 2022 | 145.00 Mn |
| Sep 30, 2022 | 144.30 Mn |
| Jun 30, 2022 | 135.40 Mn |
| Mar 31, 2022 | 146.60 Mn |
| Dec 31, 2021 | 137.70 Mn |
| Sep 30, 2021 | 88.90 Mn |
| Jun 30, 2021 | 67.00 Mn |