Star Bulk Carriers Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	442.35	425.07	227.48	269.75	450.29	183.21
Short-Term Investments	1.01	-	-	-	-	-
Trading Asset Securities	-	2.05	6.04	21.71	0.55	-
Cash & Short-Term Investments	443.36	427.12	233.52	291.46	450.83	183.21
Cash Growth	-2.80%	82.90%	-19.88%	-35.35%	146.07%	55.50%
Accounts Receivable	72.39	79.3	68.62	84.03	81.06	38.09
Other Receivables	0.04	0.15	0.06	0.41	9.66	0.84
Receivables	72.43	79.45	68.69	84.44	90.73	38.93
Inventory	60.97	78.59	62.36	67.16	75.08	47.29
Prepaid Expenses	21.62	18.87	19.3	25.67	28.66	17.69
Restricted Cash	10.19	11.22	32.25	14.57	20.97	7.3
Other Current Assets	29.86	43.73	38.29	18.79	16.66	12.99
Total Current Assets	638.43	658.97	454.4	502.09	682.92	307.41
Property, Plant & Equipment	3,111	3,393	2,568	2,919	3,061	2,878
Long-Term Investments	1.67	2.06	4.27	10.34	8.33	1.32
Other Long-Term Assets	39.24	32.48	2.02	2.02	2.17	5.06
Total Assets	3,790	4,086	3,028	3,434	3,755	3,192
Accounts Payable	52.27	51.59	39.32	32.14	21.84	32.85
Accrued Expenses	51.45	65.88	32.96	35.24	32.18	22.25
Current Portion of Long-Term Debt	195.44	221.15	249.13	166.59	157.14	146.63
Current Portion of Leases	31.38	30.96	7.98	25.32	50.43	44.87
Current Income Taxes Payable	-	-	0.07	0.25	0.06	0.13
Current Unearned Revenue	19.61	17.3	16.74	16.68	24.96	11.68
Other Current Liabilities	20	12.94	13.17	6.34	4.18	8.03
Total Current Liabilities	370.14	399.81	359.36	282.56	290.8	266.43
Long-Term Debt	857.66	1,035	970.04	928	932.55	990.2
Long-Term Leases	146.19	168.81	37.78	202.9	450.3	383.3
Other Long-Term Liabilities	0.67	0.85	1	0.83	1.06	2.34
Total Liabilities	1,375	1,605	1,368	1,414	1,675	1,642
Common Stock	1.14	1.14	0.84	1.03	1.02	0.97
Additional Paid-In Capital	3,022	3,084	2,287	2,646	2,618	2,549
Retained Earnings	-608.39	-605.57	-633.22	-648.72	-546.26	-996.31
Treasury Stock	-	-	-	-	-	-0.09
Comprehensive Income & Other	0.54	2.3	5.39	20.96	6.93	-3.99
Shareholders' Equity	2,415	2,482	1,660	2,019	2,080	1,550
Total Liabilities & Equity	3,790	4,086	3,028	3,434	3,755	3,192
Total Debt	1,231	1,456	1,265	1,323	1,590	1,565
Net Cash (Debt)	-787.31	-1,029	-1,031	-1,031	-1,140	-1,382
Net Cash Per Share	-6.76	-9.47	-10.43	-10.06	-11.23	-14.35
Filing Date Shares Outstanding	113.85	117.13	84.02	102.86	102.29	99.23
Total Common Shares Outstanding	114.21	117.63	84.02	102.86	102.29	97.14
Working Capital	268.29	259.16	95.03	219.54	392.13	40.98
Book Value Per Share	21.15	21.10	19.76	19.63	20.33	15.95
Tangible Book Value	2,415	2,482	1,660	2,019	2,080	1,550
Tangible Book Value Per Share	21.15	21.10	19.76	19.63	20.33	15.95

Source: S&P Global Market Intelligence. Standard template. Financial Sources.