Star Bulk Carriers (SBLK) Change in Working Capital (2009 - 2023)

Star Bulk Carriers' (SBLK) quarterly Change in Working Capital came in at $19.6 million in Q4 2023, up 600.47% year-on-year from $2.8 million in Q4 2022, and up 600.47% on a QoQ basis from $2.8 million in Q4 2022.

Star Bulk Carriers (SBLK) Change in Working Capital (2009 - 2023) Analysis & Trends

Star Bulk Carriers (SBLK) has 7 years of Change in Working Capital data on file, last reported at $19.6 million in Q4 2023.

  • On a quarterly basis, Change in Working Capital rose 600.47% year-over-year to $19.6 million in Q4 2023; TTM through Dec 2023 was $37.9 million, a 87.59% increase from a year earlier, with the FY2023 full-year figure at $64.8 million, up 56.23% from the prior year.
  • Change in Working Capital for Q4 2023 stood at $19.6 million, up from $2.8 million in the prior quarter.
  • Over the last five years, Change in Working Capital for SBLK reached as high as $19.6 million in Q4 2023 and fell as low as $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.
  • Across the five-year window, Change in Working Capital plunged 79.62% in 2022 and surged 600.47% in 2023, its largest moves.
  • Year by year, Change in Working Capital stood at $13.7 million in 2021, then sank by 79.62% to $2.8 million in 2022, then jumped by 600.47% to $19.6 million in 2023.
  • Per Business Quant data, the three most recent Change in Working Capital figures were $19.6 million in Q4 2023, $2.8 million in Q4 2022, and $13.7 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 ZIM Integrated Shipping Services 2,961,330.08 Bn 2,961,329.16 Bn 57.20 Mn 200,000.00
2 Danaos 2,537.75 Bn 2,536.87 Bn 203.71 Mn -
3 Sfl 1,574.72 Bn 1,574.57 Bn 66.27 Mn -
4 Capital Clean Energy Carriers 1,428.60 Bn 1,428.06 Bn 95.52 Mn -
5 Globus Maritime 60.39 Bn 60.36 Bn 8,083.00 -
6 Kirby 8.02 Bn 7.94 Bn 291.34 Mn -
7 Matson 6.25 Bn 6.15 Bn - -
8 Intercont (Cayman) 3.99 Bn 3.99 Bn - -
9 Hafnia 3.74 Bn 3.62 Bn 152.41 Mn -
10 Star Bulk Carriers 3.13 Bn 2.64 Bn 493.84 Mn -

Historic Data

Download Data
DateValue
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
Sep 30, 2012 1.85 Mn
Sep 30, 2012 1.85 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
Sep 30, 2011 785,000.00
Sep 30, 2011 785,000.00
Jun 30, 2011 738,000.00
Jun 30, 2011 738,000.00
Mar 31, 2011 957,000.00
Mar 31, 2011 957,000.00