Star Bulk Carriers (SBLK) Change in Working Capital (2009 - 2023)
Star Bulk Carriers (SBLK) posted quarterly Change in Working Capital of $19.6 million for Q4 2023, up 600.47% year-over-year from $2.8 million in Q4 2022, and up 600.47% quarter-over-quarter from $2.8 million in Q4 2022.
Star Bulk Carriers (SBLK) Change in Working Capital (2009 - 2023) Analysis & Trends
Star Bulk Carriers (SBLK) has reported Change in Working Capital for 7 consecutive years, with $19.6 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Change in Working Capital rose 600.47% year-over-year to $19.6 million; the TTM figure through Dec 2023 stood at $37.9 million (up 85.0% YoY), while the FY2023 annual figure was $64.8 million, up 56.23% from the prior year.
- Change in Working Capital rose to $19.6 million in Q4 2023 per SBLK's latest filing, from $2.8 million in the prior quarter.
- Across five years, Change in Working Capital topped out at $19.6 million in Q4 2023 and bottomed at $2.8 million in Q4 2022.
- Historically, Change in Working Capital has averaged $12.0 million across 3 years, with a median of $13.7 million in 2021.
- Annual changes were most pronounced in 2022 — Change in Working Capital slumped 79.62% — and 2023, when it jumped 600.47%.
- Star Bulk Carriers' Change in Working Capital stood at $13.7 million in 2021, then sank by 79.62% to $2.8 million in 2022, then surged by 600.47% to $19.6 million in 2023.
- Business Quant data shows SBLK's Change in Working Capital at $19.6 million in Q4 2023, $2.8 million in Q4 2022, and $13.7 million in Q4 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | - |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | - |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 200,000.00 |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | -52.60 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | - |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | - |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 19.57 Mn |
| Dec 31, 2023 | 19.57 Mn |
| Dec 31, 2022 | 2.79 Mn |
| Dec 31, 2022 | 2.79 Mn |
| Dec 31, 2021 | 13.71 Mn |
| Dec 31, 2021 | 13.71 Mn |
| Jun 30, 2012 | 1.86 Mn |
| Jun 30, 2012 | 1.86 Mn |
| Mar 31, 2012 | 2.14 Mn |
| Mar 31, 2012 | 2.14 Mn |
| Dec 31, 2011 | 2.31 Mn |
| Dec 31, 2011 | 2.31 Mn |
| Jun 30, 2011 | 738,000.00 |
| Jun 30, 2011 | 738,000.00 |
| Mar 31, 2011 | 957,000.00 |
| Mar 31, 2011 | 957,000.00 |
| Dec 31, 2010 | 1.30 Mn |
| Dec 31, 2010 | 1.30 Mn |
| Sep 30, 2009 | 6.83 Mn |
| Sep 30, 2009 | 6.83 Mn |