Safe Bulkers, Inc.

NYSE SB

Safe Bulkers, Inc. Interest Coverage Ratio for the year ending December 31, 2023: 3.65

Safe Bulkers, Inc. Interest Coverage Ratio is 3.65 for the year ending December 31, 2023, a -66.10% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Safe Bulkers, Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 10.77, a -11.82% change year over year.
Safe Bulkers, Inc. Interest Coverage Ratio for the year ending December 31, 2021 was 12.22, a 2,375.90% change year over year.
Safe Bulkers, Inc. Interest Coverage Ratio for the year ending December 31, 2020 was 0.49, a -69.96% change year over year.
Safe Bulkers, Inc. Interest Coverage Ratio for the year ending December 31, 2019 was 1.64, a -24.42% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NYSE: SB

Safe Bulkers, Inc.

CEO	Mr. Polys Hajioannou
IPO Date	May 30, 2008
Location	Monaco
Headquarters	Les Acanthes
Employees	9
Sector	Industrials
Industries Maritime Shipping Container Shipping Logistics & Freight

Description

Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.

Key trends

Past 5 years