Star Bulk Carriers (SBLK) Tax Provisions (2017 - 2024)
Star Bulk Carriers (SBLK) posted quarterly Tax Provisions of $116000.0 for Q3 2024, up 248.72% year-over-year from $33264.7 in Q4 2023, and little changed quarter-over-quarter from $116000.0 in Q2 2024.
Star Bulk Carriers (SBLK) Tax Provisions (2017 - 2024) Analysis & Trends
Star Bulk Carriers (SBLK) has reported Tax Provisions for 6 consecutive years, with $116000.0 the latest figure, recorded in Q3 2024.
- In Q3 2024, Tax Provisions rose 248.72% year-over-year to $116000.0; the TTM figure through Sep 2024 stood at $336000.0 (down 21.13% YoY), while the FY2024 annual figure was -$116000.0, down 163.39% from the prior year.
- Tax Provisions steadied at $116000.0 in Q3 2024 per SBLK's latest filing, from $116000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $607000.0 in Q4 2022 and bottomed at -$111000.0 in Q4 2020.
- Historically, Tax Provisions has averaged $43538.5 across 4 years, with a median of -$7000.0 in 2022.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 1014.29% — and 2024, when it surged 248.72%.
- Star Bulk Carriers' Tax Provisions stood at -$111000.0 in 2020, then soared by 646.85% to $607000.0 in 2022, then plunged by 100.33% to -$2000.0 in 2023, then soared by 5900.0% to $116000.0 in 2024.
- Business Quant data shows SBLK's Tax Provisions at $116000.0 in Q3 2024, $116000.0 in Q2 2024, and $106000.0 in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 28.61 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 34.50 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -2.28 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 11.90 Mn |
| 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 | - |
| 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 | -630,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 116,000.00 |
| Jun 30, 2024 | 116,000.00 |
| Mar 31, 2024 | 106,000.00 |
| Dec 31, 2023 | -2,000.00 |
| Sep 30, 2023 | -78,000.00 |
| Mar 31, 2023 | -103,000.00 |
| Dec 31, 2022 | 607,000.00 |
| Sep 30, 2022 | -7,000.00 |
| Mar 31, 2022 | -37,000.00 |
| Dec 31, 2020 | -111,000.00 |
| Sep 30, 2020 | -14,000.00 |
| Jun 30, 2020 | 16,000.00 |
| Mar 31, 2020 | -43,000.00 |
| Dec 31, 2019 | -39,000.00 |
| Sep 30, 2019 | -11,000.00 |
| Jun 30, 2017 | -52,000.00 |
| Mar 31, 2017 | -65,000.00 |