What is Safe Bulkers, Inc.'s earnings per share (EPS)?

Safe Bulkers, Inc. (SB) reported diluted earnings per share of $0.30 for fiscal year 2025. This represents a -63.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Safe Bulkers, Inc. (SB) Financials

FY2025 annual

Revenue Not reported for FY2025

Net Income $38.6M -60.4% YoY

EPS (Diluted) $0.30 -63.9% YoY

Operating Cash Flow $102.3M -21.6% YoY

Market Cap $1.0B as of Oct 5, 2026

Price / Sales n/m no revenue reported

Price / Earnings 26.0x on $38.6M net income, FY2025

Price / Book 1.2x on $830.7M equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 4, 2026 Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Mar 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SB SEC filings page.

This page shows Safe Bulkers, Inc. (SB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial health score not available

Safe Bulkers, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

5/7

Safe Bulkers, Inc. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass.

Earnings Quality Cash-Backed

2.65x

For every $1 of reported earnings, Safe Bulkers, Inc. generates $2.65 in operating cash flow ($102.3M OCF vs $38.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.31x

Safe Bulkers, Inc. earns $2.31 in operating income for every $1 of interest expense ($70.0M vs $30.3M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$141.6M

YoY+74.6%

QoQ+74.6%

5Y CAGR+46.2%

Safe Bulkers, Inc. held $141.6M in cash against $503.7M in long-term debt as of Q4 2025.

Shares Outstanding

102M

YoY0.0%

QoQ0.0%

Safe Bulkers, Inc. had 102M shares outstanding in Q4 2025. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

SB Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SB quarterly income statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
SG&A Expenses	$29.9M+10.4%	$27.0M+13.8%	$23.8M+9.0%	$21.8M-3.1%	$22.5M+4.6%	$21.5M+4.2%	$20.6M+7.3%	$19.2M+19.4%	$16.1M+4.8%	$15.4M+5.2%	$14.6M+9.6%	$13.3M+17.4%	$11.4M+14.2%	$9.9M+17.2%	$8.5M
Operating Income	$70.0M-45.5%	$128.4M+23.3%	$104.1M-43.6%	$184.6M-3.5%	$191.4M+1726.8%	$10.5M-76.2%	$44.1M-21.2%	$55.9M+180.6%	-$69.3M-120.6%	-$31.4M+1.9%	-$32.0M-219.8%	$26.7M-71.2%	$92.8M-17.1%	$112.0M+2.8%	$108.9M
EBITDA	$129.8M-30.4%	$186.6M+17.9%	$158.3M-32.4%	$234.2M-3.9%	$243.8M+276.5%	$64.7M-31.4%	$94.4M-9.2%	$104.0M+681.5%	-$17.9M-198.9%	$18.1M+19.6%	$15.1M-78.3%	$69.8M-46.4%	$130.2M-9.7%	$144.2M+8.8%	$132.6M
Interest Expense	$30.3M-3.3%	$31.4M+27.0%	$24.7M+44.2%	$17.1M+16.4%	$14.7M-30.7%	$21.2M-20.8%	$26.8M+4.3%	$25.7M+10.7%	$23.2M+18.6%	$19.6M+68.0%	$11.7M+39.8%	$8.3M-8.3%	$9.1M+0.2%	$9.1M+72.8%	$5.3M
Net Income	$38.6M-60.4%	$97.4M+25.9%	$77.4M-55.2%	$172.6M-1.0%	$174.3M+1451.0%	-$12.9M-180.5%	$16.0M-42.1%	$27.7M+132.7%	-$84.7M-51.3%	-$56.0M-16.7%	-$47.9M-427.6%	$14.6M-82.4%	$83.3M-13.4%	$96.1M+7.1%	$89.7M
EPS (Basic)	$0.30-63.9%	$0.83+36.1%	$0.61-55.1%	$1.36-5.6%	$1.44+676.0%	-$0.25-725.0%	$0.04	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	$0.30-63.9%	$0.83+36.1%	$0.61-55.1%	$1.36-5.6%	$1.44	-$0.25	$0.04	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	103M-4.2%	108M-5.3%	114M-5.8%	121M+6.1%	114M	103M	102M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q4'2010-K
EPS (Basic)	N/A	N/A	N/A	N/A	$0.53+1225.0%	N/A	N/A	$0.04
EPS (Diluted)	N/A	N/A	N/A	N/A	$0.53+1225.0%	N/A	N/A	$0.04

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, Diluted Shares (Avg).

SB Balance Sheet

SB quarterly balance sheet

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$1.4B0.0%	$1.4B+4.7%	$1.3B+7.5%	$1.2B+13.9%	$1.1B-1.0%	$1.1B-0.8%	$1.1B+3.6%	$1.1B+4.0%	$1.0B-11.8%	$1.2B-10.4%	$1.3B+11.3%	$1.2B+5.8%	$1.1B+2.8%	$1.1B+23.4%	$877.3M
Current Assets	$200.6M+21.3%	$165.4M+12.7%	$146.7M-7.0%	$157.7M+27.1%	$124.1M-7.9%	$134.7M-0.9%	$136.0M+34.3%	$101.3M+28.0%	$79.1M-28.8%	$111.0M-54.3%	$243.2M+78.9%	$135.9M-21.5%	$173.2M+0.8%	$171.8M+352.7%	$38.0M
Cash & Equivalents	$141.6M+74.6%	$81.1M+68.3%	$48.2M-2.0%	$49.2M-51.3%	$101.0M+12.2%	$90.0M+14.1%	$78.9M+52.2%	$51.9M+12.3%	$46.2M-43.4%	$81.6M-37.6%	$130.7M+21.8%	$107.3M+65.9%	$64.7M-37.0%	$102.7M+265.3%	$28.1M
Short-Term Investments	$4.8M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$50.0M	$0	$0
Inventory	$19.0M+27.7%	$14.9M-10.6%	$16.7M-3.9%	$17.3M+100.2%	$8.7M-28.1%	$12.0M+29.9%	$9.3M+123.8%	$4.1M-2.1%	$4.2M-18.3%	$5.2M+0.1%	$5.2M-53.8%	$11.2M-11.2%	$12.6M+113.6%	$5.9M+122.4%	$2.7M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$4.5M-0.9%	$4.6M-12.9%	$5.2M-5.5%	$5.5M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$50.0M0.0%	$50.0M
Total Liabilities	$572.5M+0.2%	$571.5M+4.4%	$547.3M+15.5%	$474.0M+14.2%	$415.1M-35.4%	$642.8M+2.9%	$624.7M+5.3%	$593.4M+2.5%	$578.7M-2.8%	$595.2M-11.9%	$675.5M+41.8%	$476.3M-10.8%	$533.9M-18.7%	$656.4M+20.3%	$545.4M
Current Liabilities	$69.1M-20.1%	$86.5M+55.2%	$55.7M-39.0%	$91.3M+3.0%	$88.7M-15.3%	$104.7M+20.7%	$86.8M+58.9%	$54.6M+47.9%	$36.9M+55.3%	$23.8M-77.5%	$105.7M+286.9%	$27.3M-52.3%	$57.3M+20.7%	$47.5M-8.1%	$51.7M
Non-Current Liabilities	$503.4M+3.8%	$485.0M-1.3%	$491.6M+28.5%	$382.7M+17.2%	$326.4M-39.3%	$538.1M0.0%	$537.9M-0.2%	$538.8M-0.6%	$541.8M-5.2%	$571.4M+0.3%	$569.8M+26.9%	$449.0M-5.8%	$476.6M-21.7%	$608.9M+23.3%	$493.8M
Long-Term Debt	$503.7M+3.9%	$484.8M-0.8%	$488.8M+29.7%	$376.9M+18.1%	$319.1M-40.4%	$534.9M-1.0%	$540.3M-0.3%	$542.1M-0.6%	$545.2M-5.1%	$574.4M-0.1%	$574.8M+27.0%	$452.4M-4.4%	$473.1M-20.7%	$596.5M+28.1%	$465.8M
Total Equity	$830.7M-0.1%	$831.6M+4.9%	$792.5M+2.7%	$771.9M+13.6%	$679.2M+52.7%	$444.7M-5.9%	$472.7M+1.5%	$465.8M+2.1%	$456.3M-21.1%	$578.5M-8.8%	$634.1M-9.4%	$700.1M+21.1%	$578.3M+35.8%	$425.9M+28.3%	$331.8M
Retained Earnings	$517.3M+2.0%	$507.3M+15.4%	$439.5M+11.9%	$392.8M+54.7%	$253.9M+181.1%	$90.3M-21.9%	$115.6M+3.9%	$111.3M+17.0%	$95.1M-51.0%	$194.2M-26.5%	$264.3M-19.9%	$329.7M-3.3%	$341.0M+23.8%	$275.5M+27.0%	$216.9M

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q4'2010-K
Total Assets	$1.4B0.0%	$1.4B+4.7%	$1.3B+7.5%	$1.2B+13.9%	$1.1B-1.0%	$1.1B	$1.1B-3.2%	$1.1B-0.8%
Current Assets	$200.6M+21.3%	$165.4M+12.7%	$146.7M-7.0%	$157.7M+27.1%	$124.1M-7.9%	$139.8M	$171.5M+41.4%	$134.7M-0.9%
Cash & Equivalents	$141.6M+74.6%	$81.1M+68.3%	$48.2M-2.0%	$49.2M-51.3%	$101.0M+12.2%	$94.5M+47.6%	$113.6M+77.2%	$90.0M+14.1%
Short-Term Investments	$4.8M	$0	$0	$0	$0	$0	$0	$0
Inventory	$19.0M+27.7%	$14.9M-10.6%	$16.7M-3.9%	$17.3M+100.2%	$8.7M-28.1%	$7.2M	$9.6M-18.2%	$12.0M+29.9%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$572.5M+0.2%	$571.5M+4.4%	$547.3M+15.5%	$474.0M+14.2%	$415.1M-35.4%	$447.0M	$523.2M-20.3%	$642.8M+2.9%
Current Liabilities	$69.1M-20.1%	$86.5M+55.2%	$55.7M-39.0%	$91.3M+3.0%	$88.7M-15.3%	$66.2M	$67.8M-24.1%	$104.7M+20.7%
Non-Current Liabilities	$503.4M+3.8%	$485.0M-1.3%	$491.6M+28.5%	$382.7M+17.2%	$326.4M-39.3%	$380.8M	$455.4M-19.7%	$538.1M0.0%
Long-Term Debt	$503.7M+3.9%	$484.8M-0.8%	$488.8M+29.7%	$376.9M+18.1%	$319.1M-40.4%	$374.9M	$450.0M-20.6%	$534.9M-1.0%
Total Equity	$830.7M-0.1%	$831.6M+4.9%	$792.5M+2.7%	$771.9M+13.6%	$679.2M+52.7%	$616.8M+40.1%	$554.3M+25.9%	$444.7M-5.9%
Retained Earnings	$517.3M+2.0%	$507.3M+15.4%	$439.5M+11.9%	$392.8M+54.7%	$253.9M+181.1%	$191.4M	$138.8M+61.5%	$90.3M-21.9%

Not reported in any period shown, so not listed: Accounts Receivable, Goodwill.

SB Cash Flow Statement

SB quarterly cash flow statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$102.3M-21.6%	$130.5M+6.8%	$122.2M-44.0%	$218.0M+0.4%	$217.2M+242.7%	$63.4M+8.7%	$58.3M-31.8%	$85.4M+70.6%	$50.1M+271.7%	$13.5M-47.2%	$25.5M-41.6%	$43.7M-56.5%	$100.6M-4.3%	$105.1M-2.0%	$107.2M
Depreciation & Amortization	$59.9M+3.0%	$58.1M+7.4%	$54.1M+9.3%	$49.5M-5.4%	$52.4M-3.5%	$54.3M+7.9%	$50.3M+4.7%	$48.1M-6.5%	$51.4M+3.9%	$49.5M+5.0%	$47.1M+9.4%	$43.1M+15.2%	$37.4M+16.0%	$32.3M+36.4%	$23.6M
Stock-Based Compensation	$150K0.0%	$150K+4.2%	$144K+20.0%	$120K0.0%	$120K0.0%	$120K0.0%	$120K0.0%	$120K0.0%	$120K0.0%	$120K0.0%	$120K0.0%	$120K0.0%	$120K0.0%	$120K0.0%	$120K
Investing Cash Flow	$9.7M+113.5%	-$71.7M+52.7%	-$151.7M+33.9%	-$229.4M-2781.8%	$8.6M+124.6%	-$34.8M+5.4%	-$36.8M+42.2%	-$63.7M-60.8%	-$39.6M+0.7%	-$39.9M+68.1%	-$125.0M	N/A	N/A	-$158.1M-25.6%	-$125.9M
Financing Cash Flow	-$52.4M-102.5%	-$25.9M-188.7%	$29.1M+172.7%	-$40.1M+82.2%	-$225.9M-2330.9%	-$9.3M-208.8%	$8.5M+154.8%	-$15.6M+66.9%	-$47.1M+43.9%	-$83.9M-146.6%	$180.1M	N/A	N/A	$127.7M+789.7%	-$18.5M
Share Buybacks	$11.0M-61.9%	$28.9M+10.3%	$26.2M+189.7%	$9.1M	$0-100.0%	$6.0M+44.8%	$4.2M+573.1%	$617K	$0-100.0%	$120K	$0	$0	N/A	N/A	N/A

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q4'2010-K
Operating Cash Flow	N/A	N/A	N/A	N/A	$63.2M+116.6%	$68.1M+392.0%	N/A	$29.2M
Depreciation & Amortization	N/A	N/A	N/A	N/A	$13.0M-6.4%	$12.8M-7.3%	N/A	$13.9M
Investing Cash Flow	N/A	N/A	N/A	N/A	$12.4M+1558.1%	-$15.5M-389.9%	N/A	$747K
Financing Cash Flow	N/A	N/A	N/A	N/A	-$71.5M-6114.0%	-$71.2M-264.0%	N/A	-$1.1M
Share Buybacks	N/A	N/A	N/A	N/A	$0	$0	N/A	$0

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid.

SB Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SB quarterly financial ratios

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Return on Equity	4.6%-7.1pp	11.7%+1.9pp	9.8%-12.6pp	22.4%-3.3pp	25.7%+28.6pp	-2.9%-6.3pp	3.4%-2.6pp	5.9%+24.5pp	-18.6%-8.9pp	-9.7%-2.1pp	-7.6%-9.7pp	2.1%-12.3pp	14.4%-8.2pp	22.6%-4.5pp	27.0%
Return on Assets	2.8%-4.2pp	6.9%+1.2pp	5.8%-8.1pp	13.9%-2.1pp	15.9%+17.1pp	-1.2%-2.6pp	1.4%-1.1pp	2.6%+10.8pp	-8.2%-3.4pp	-4.8%-1.1pp	-3.7%-4.9pp	1.2%-6.2pp	7.5%-1.4pp	8.9%-1.3pp	10.2%
Current Ratio	2.90+1.0x	1.91-0.7x	2.63+0.9x	1.73+0.3x	1.40+0.1x	1.29-0.3x	1.57-0.3x	1.85-0.3x	2.14-2.5x	4.67+2.4x	2.30-2.7x	4.97+2.0x	3.02-0.6x	3.62+2.9x	0.73
Debt-to-Equity	0.610.0x	0.580.0x	0.62+0.1x	0.490.0x	0.47-0.7x	1.20+0.1x	1.140.0x	1.160.0x	1.19+0.2x	0.99+0.1x	0.91+0.3x	0.65-0.2x	0.82-0.6x	1.400.0x	1.40

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q3'2110-Q	Q2'2110-Q	Q4'2010-K
Current Ratio	2.90+1.0x	1.91-0.7x	2.63+0.9x	1.73+0.3x	1.40+0.1x	2.11	2.53+1.2x	1.29-0.3x
Debt-to-Equity	0.610.0x	0.580.0x	0.62+0.1x	0.490.0x	0.47-0.7x	0.61	0.81-0.5x	1.20+0.1x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Safe Bulkers, Inc. SB	FY2025	N/A	$38.6M	N/A	$1.0B	—
Euroseas Ltd.(Marshall Islands) ESEA	FY2025	$227.9M	$137.0M	60.1%	$511.0M	70/100
ARDMORE SHIPPING CORPORATION ASC	FY2025	$310.2M	$41.0M	13.2%	$788.4M	29/100
GENCO SHIPPING & TRADING LTD GNK	FY2025	$342.1M	-$4.4M	-1.3%	$1.2B	49/100
Pangaea Logistics Solutions Ltd. PANL	FY2025	$632.0M	$19.4M	3.1%	$551.9M	54/100
Costamare Inc. CMRE	FY2025	$877.9M	$364.6M	41.5%	$1.9B	51/100

Where Safe Bulkers, Inc. Ranks

Frequently Asked Questions

Is Safe Bulkers, Inc. profitable?

Yes, Safe Bulkers, Inc. (SB) reported a net income of $38.6M in fiscal year 2025.

What is Safe Bulkers, Inc.'s EBITDA?

Safe Bulkers, Inc. (SB) had EBITDA of $129.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Safe Bulkers, Inc. have?

As of fiscal year 2025, Safe Bulkers, Inc. (SB) had $141.6M in cash and equivalents against $503.7M in long-term debt.

Does Safe Bulkers, Inc. pay dividends?

Yes, Safe Bulkers, Inc. (SB) paid $0.20 per share in dividends during fiscal year 2025.

What is Safe Bulkers, Inc.'s return on equity (ROE)?

Safe Bulkers, Inc. (SB) has a return on equity of 4.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Safe Bulkers, Inc.'s operating cash flow?

Safe Bulkers, Inc. (SB) generated $102.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Safe Bulkers, Inc.'s total assets?

Safe Bulkers, Inc. (SB) had $1.4B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Safe Bulkers, Inc. buy back shares?

Yes, Safe Bulkers, Inc. (SB) spent $11.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Safe Bulkers, Inc. have outstanding?

Safe Bulkers, Inc. (SB) had 102M shares outstanding as of fiscal year 2025.

What is Safe Bulkers, Inc.'s current ratio?

Safe Bulkers, Inc. (SB) had a current ratio of 2.90 as of fiscal year 2025, which is generally considered healthy.

What is Safe Bulkers, Inc.'s debt-to-equity ratio?

Safe Bulkers, Inc. (SB) had a debt-to-equity ratio of 0.61 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Safe Bulkers, Inc.'s return on assets (ROA)?

Safe Bulkers, Inc. (SB) had a return on assets of 2.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Safe Bulkers, Inc.'s P/E ratio?

Safe Bulkers, Inc. (SB) trades at 26.0x earnings, its market capitalization divided by net income of $38.6M net income, FY2025. The market capitalization is $1.0B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Safe Bulkers, Inc.'s price-to-sales ratio?

Safe Bulkers, Inc. (SB) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $1.0B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Safe Bulkers, Inc.'s Piotroski F-Score?

Safe Bulkers, Inc. (SB) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Safe Bulkers, Inc.'s earnings high quality?

Safe Bulkers, Inc. (SB) has an earnings quality ratio of 2.65x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Safe Bulkers, Inc. cover its interest payments?

Safe Bulkers, Inc. (SB) has an interest coverage ratio of 2.31x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.