Safe Bulkers Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	153.15	81.08	48.19	49.19	101
Short-Term Investments	-	44.34	39.73	64.19	1.08
Cash & Short-Term Investments	153.15	125.42	87.92	113.38	102.08
Cash Growth	22.11%	42.65%	-22.45%	11.06%	0.26%
Accounts Receivable	-	14.25	9.26	7.14	8.75
Other Receivables	-	0.83	0.01	0.02	-
Receivables	-	15.08	9.28	7.16	8.75
Inventory	-	14.88	16.65	17.32	8.65
Prepaid Expenses	-	7.01	6.61	5.76	3.48
Restricted Cash	-	3	2.02	1	-
Other Current Assets	47.45	-	24.24	13.08	1.15
Total Current Assets	200.6	165.39	146.72	157.7	124.12
Property, Plant & Equipment	1,106	1,144	1,092	1,001	896.33
Long-Term Investments	-	-	-	-	5.88
Long-Term Accounts Receivable	-	-	0.09	0.23	0.28
Long-Term Deferred Charges	-	-	0.26	0.51	0.88
Other Long-Term Assets	97	93.39	101.24	86.36	66.83
Total Assets	1,403	1,403	1,340	1,246	1,094
Accounts Payable	-	9.9	10.44	10.49	9.99
Accrued Expenses	-	11.84	8.38	10.82	5.42
Current Portion of Long-Term Debt	42.37	58.19	24.78	43.56	39.91
Current Portion of Leases	-	-	0.75	-	21.95
Current Unearned Revenue	-	6.54	10.85	9.52	11.01
Other Current Liabilities	26.69	-	0.53	16.93	0.41
Total Current Liabilities	69.06	86.47	55.73	91.32	88.69
Long-Term Debt	497.77	478.45	482.39	370.81	315.8
Long-Term Unearned Revenue	-	2.62	3.25	7.33	7.99
Other Long-Term Liabilities	5.65	3.93	5.93	4.55	2.6
Total Liabilities	572.48	571.48	547.31	474	415.08
Common Stock	830.71	0.11	0.11	0.12	0.12
Additional Paid-In Capital	-	324.14	352.9	378.97	425.2
Retained Earnings	-	507.34	439.46	392.79	253.86
Total Common Equity	830.71	831.58	792.47	771.88	679.19
Shareholders' Equity	830.71	831.62	792.51	771.92	679.24
Total Liabilities & Equity	1,403	1,403	1,340	1,246	1,094
Total Debt	540.14	536.64	507.92	414.36	377.65
Net Cash (Debt)	-387	-411.22	-420	-300.99	-275.57
Net Cash Per Share	-3.76	-3.82	-3.70	-2.49	-2.42
Filing Date Shares Outstanding	102.24	105.27	111.62	118.88	121.65
Total Common Shares Outstanding	102.24	105.29	111.61	118.87	121.64
Working Capital	131.54	78.92	90.99	66.38	35.42
Book Value Per Share	8.12	7.90	7.10	6.49	5.58
Tangible Book Value	830.71	831.58	792.47	771.88	679.19
Tangible Book Value Per Share	8.12	7.90	7.10	6.49	5.58
Machinery	-	1,638	1,552	1,439	1,268

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q