Safe Historical Income Statement

SB Stock  USD 5.19  0.07  1.37%   
Historical analysis of Safe Bulkers income statement accounts such as Gross Profit of 82.6 M, Other Operating Expenses of 117.6 M or Operating Income of 62.7 M can show how well Safe Bulkers performed in making a profits. Evaluating Safe Bulkers income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Safe Bulkers's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Safe Bulkers latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Safe Bulkers is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safe Bulkers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.

About Safe Income Statement Analysis

Safe Bulkers Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Safe Bulkers shareholders. The income statement also shows Safe investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Safe Bulkers Income Statement Chart

Safe Bulkers Income Statement is one of the three primary financial statements used for reporting Safe's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Safe Bulkers revenue and expense. Safe Bulkers Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Safe Bulkers' Net Income Applicable To Common Shares is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 88.8 M, whereas Depreciation And Amortization is forecasted to decline to about 40.1 M.

Total Revenue

Total revenue comprises all receipts Safe Bulkers generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Safe Bulkers minus its cost of goods sold. It is profit before Safe Bulkers operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Safe Bulkers. It is also known as Safe Bulkers overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from Safe Bulkers' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Safe Bulkers current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safe Bulkers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.At present, Safe Bulkers' Net Income Applicable To Common Shares is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 88.8 M, whereas Depreciation And Amortization is forecasted to decline to about 40.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense14.7M17.1M30.5M16.5M
Depreciation And Amortization52.4M49.5M54.1M40.1M

Safe Bulkers income statement Correlations

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0.740.790.32-0.140.74-0.32-0.140.00.730.29-0.31-0.22-0.31-0.03-0.23-0.250.760.030.5-0.130.03
0.930.790.70.150.97-0.16-0.020.160.930.44-0.020.230.01-0.47-0.180.060.77-0.180.570.120.1
0.460.320.70.790.610.520.620.740.550.540.670.60.69-0.75-0.20.720.64-0.350.610.320.07
-0.14-0.140.150.790.00.860.930.95-0.060.50.940.590.92-0.59-0.050.930.27-0.20.320.34-0.09
0.950.740.970.610.0-0.28-0.18-0.010.990.34-0.130.21-0.09-0.46-0.14-0.060.66-0.260.550.110.15
-0.45-0.32-0.160.520.86-0.280.930.89-0.320.250.950.540.91-0.25-0.120.93-0.01-0.140.23-0.08-0.11
-0.35-0.14-0.020.620.93-0.180.930.98-0.260.490.910.430.87-0.32-0.140.90.23-0.130.310.05-0.1
-0.170.00.160.740.95-0.010.890.98-0.080.560.90.470.86-0.4-0.120.890.34-0.130.390.1-0.13
0.940.730.930.55-0.060.99-0.32-0.26-0.080.21-0.170.21-0.12-0.45-0.11-0.10.63-0.250.520.10.14
0.20.290.440.540.50.340.250.490.560.210.310.180.32-0.35-0.050.330.44-0.20.410.110.0
-0.32-0.31-0.020.670.94-0.130.950.910.9-0.170.310.720.99-0.54-0.090.990.11-0.270.290.14-0.02
0.04-0.220.230.60.590.210.540.430.470.210.180.720.78-0.720.130.710.07-0.350.180.120.0
-0.28-0.310.010.690.92-0.090.910.870.86-0.120.320.990.78-0.61-0.080.980.12-0.360.320.190.03
-0.31-0.03-0.47-0.75-0.59-0.46-0.25-0.32-0.4-0.45-0.35-0.54-0.72-0.610.06-0.56-0.440.59-0.45-0.58-0.26
-0.06-0.23-0.18-0.2-0.05-0.14-0.12-0.14-0.12-0.11-0.05-0.090.13-0.080.06-0.2-0.470.59-0.690.27-0.75
-0.25-0.250.060.720.93-0.060.930.90.89-0.10.330.990.710.98-0.56-0.20.19-0.330.370.120.06
0.590.760.770.640.270.66-0.010.230.340.630.440.110.070.12-0.44-0.470.19-0.280.640.10.27
-0.050.03-0.18-0.35-0.2-0.26-0.14-0.13-0.13-0.25-0.2-0.27-0.35-0.360.590.59-0.33-0.28-0.72-0.08-0.79
0.370.50.570.610.320.550.230.310.390.520.410.290.180.32-0.45-0.690.370.64-0.720.00.62
0.19-0.130.120.320.340.11-0.080.050.10.10.110.140.120.19-0.580.270.120.1-0.080.00.02
0.060.030.10.07-0.090.15-0.11-0.1-0.130.140.0-0.020.00.03-0.26-0.750.060.27-0.790.620.02
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Safe Bulkers Account Relationship Matchups

Safe Bulkers income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization49.4M54.3M52.4M49.5M54.1M40.1M
Interest Expense26.8M21.2M14.7M17.1M30.5M16.5M
Selling General Administrative20.6M21.5M22.5M21.8M23.8M16.2M
Total Revenue197.8M198.2M329.0M349.7M284.4M208.7M
Gross Profit65.2M32.2M194.9M210.0M119.4M82.6M
Other Operating Expenses153.6M187.4M156.7M165.1M190.6M117.6M
Operating Income44.1M(45.6M)116.4M132.6M93.8M62.7M
Ebit44.1M(45.6M)116.4M132.6M93.8M51.0M
Ebitda93.4M8.7M168.7M182.1M147.9M80.1M
Cost Of Revenue132.6M165.9M134.2M139.7M165.0M97.4M
Total Operating Expenses21.1M21.5M22.5M25.4M25.6M15.9M
Income Before Tax16.0M(12.9M)174.3M172.6M77.4M61.0M
Total Other Income Expense Net(28.0M)32.6M58.0M40.0M(16.4M)(15.6M)
Net Income Applicable To Common Shares4.3M(25.3M)163.6M163.6M147.2M154.6M
Net Income(10.8M)20.4M174.3M172.6M77.4M56.0M
Income Tax Expense26.8M(33.3M)(37.6M)(49.5M)1.00.95
Net Income From Continuing Ops16.0M(12.9M)174.3M172.6M84.6M88.8M
Interest Income27.3M604K16.3M10.7M2.2M2.0M
Net Interest Income(27.9M)(23.0M)(18.3M)(19.7M)(24.8M)(26.0M)
Reconciled Depreciation50.3M54.3M52.4M49.5M54.1M56.6M

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When determining whether Safe Bulkers offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Safe Bulkers' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Safe Bulkers Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Safe Bulkers Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safe Bulkers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Safe Stock refer to our How to Trade Safe Stock guide.
Note that the Safe Bulkers information on this page should be used as a complementary analysis to other Safe Bulkers' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Safe Bulkers' price analysis, check to measure Safe Bulkers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Safe Bulkers is operating at the current time. Most of Safe Bulkers' value examination focuses on studying past and present price action to predict the probability of Safe Bulkers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safe Bulkers' price. Additionally, you may evaluate how the addition of Safe Bulkers to your portfolios can decrease your overall portfolio volatility.
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Is Safe Bulkers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Safe Bulkers. If investors know Safe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Safe Bulkers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.444
Dividend Share
0.2
Earnings Share
0.67
Revenue Per Share
2.681
Quarterly Revenue Growth
0.222
The market value of Safe Bulkers is measured differently than its book value, which is the value of Safe that is recorded on the company's balance sheet. Investors also form their own opinion of Safe Bulkers' value that differs from its market value or its book value, called intrinsic value, which is Safe Bulkers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Safe Bulkers' market value can be influenced by many factors that don't directly affect Safe Bulkers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Safe Bulkers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Safe Bulkers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safe Bulkers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.