Star Bulk Carriers Corp. (SBLK)

Star Bulk Carriers Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	462.58	227.48	269.75	450.29	183.21	117.82
Trading Asset Securities	3.89	6.04	21.71	0.55	-	-
Cash & Short-Term Investments	466.46	233.52	291.46	450.83	183.21	117.82
Cash Growth	56.84%	-19.88%	-35.35%	146.07%	55.50%	-42.52%
Accounts Receivable	91.33	68.62	84.03	81.06	38.09	58.79
Other Receivables	0.04	0.06	0.41	9.66	0.84	1.11
Receivables	91.37	68.69	84.44	90.73	38.93	59.9
Inventory	81.66	62.36	67.16	75.08	47.29	51.15
Prepaid Expenses	18.55	19.3	25.67	28.66	17.69	17.75
Restricted Cash	18.35	32.25	14.57	20.97	7.3	7.42
Other Current Assets	46.38	38.29	18.79	16.66	12.99	12.01
Total Current Assets	722.78	454.4	502.09	682.92	307.41	266.04
Property, Plant & Equipment	3,488	2,568	2,919	3,061	2,878	2,967
Long-Term Investments	3.2	4.27	10.34	8.33	1.32	1.29
Other Long-Term Assets	24.2	2.02	2.02	2.17	5.06	4.6
Total Assets	4,238	3,028	3,434	3,755	3,192	3,239
Accounts Payable	49.87	39.32	32.14	21.84	32.85	42.78
Accrued Expenses	67.6	32.96	35.24	32.18	22.25	50.78
Current Portion of Long-Term Debt	227.01	249.13	166.59	157.14	146.63	150.35
Current Portion of Leases	23.49	7.98	25.32	50.43	44.87	52.15
Current Income Taxes Payable	-	0.07	0.25	0.06	0.13	-
Current Unearned Revenue	21.67	16.74	16.68	24.96	11.68	7.37
Other Current Liabilities	18.19	13.17	6.34	4.19	8.03	7.51
Total Current Liabilities	477.21	359.36	282.56	290.8	266.43	310.93
Long-Term Debt	1,169	970.04	928	932.55	990.2	1,009
Long-Term Leases	132.84	37.78	202.9	450.3	383.3	371.05
Other Long-Term Liabilities	1.02	1	0.83	1.06	2.34	3.24
Total Liabilities	1,780	1,368	1,414	1,675	1,642	1,695
Common Stock	1.13	0.84	1.03	1.02	0.97	0.96
Additional Paid-In Capital	3,027	2,287	2,646	2,618	2,549	2,544
Retained Earnings	-575.12	-633.22	-648.72	-546.26	-996.31	-1,001
Treasury Stock	-	-	-	-	-0.09	-0.09
Comprehensive Income & Other	4.64	5.39	20.96	6.93	-3.99	-
Shareholders' Equity	2,458	1,660	2,019	2,080	1,550	1,544
Total Liabilities & Equity	4,238	3,028	3,434	3,755	3,192	3,239
Total Debt	1,622	1,265	1,323	1,590	1,565	1,583
Net Cash (Debt)	-1,155	-1,031	-1,031	-1,140	-1,382	-1,465
Net Cash Per Share	-11.89	-10.43	-10.06	-11.23	-14.35	-15.63
Filing Date Shares Outstanding	118.83	84.02	102.86	102.29	99.23	96.07
Total Common Shares Outstanding	112.85	84.02	102.86	102.29	97.14	96.07
Working Capital	245.57	95.03	219.54	392.13	40.98	-44.89
Book Value Per Share	21.78	19.76	19.63	20.33	15.95	16.07
Tangible Book Value	2,458	1,660	2,019	2,080	1,550	1,544
Tangible Book Value Per Share	21.78	19.76	19.63	20.33	15.95	16.07
Machinery	-	-	-	-	-	3,411

Source: S&P Capital IQ. Standard template. Financial Sources.