Safe Depreciation And Amortization vs Net Interest Income Analysis

SB Stock  USD 5.40  0.08  1.50%   
Safe Bulkers financial indicator trend analysis is much more than just breaking down Safe Bulkers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Safe Bulkers is a good investment. Please check the relationship between Safe Bulkers Depreciation And Amortization and its Net Interest Income accounts. 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.

Depreciation And Amortization vs Net Interest Income

Depreciation And Amortization vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safe Bulkers Depreciation And Amortization account and Net Interest Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Safe Bulkers' Depreciation And Amortization and Net Interest Income is 0.19. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Safe Bulkers, assuming nothing else is changed. The correlation between historical values of Safe Bulkers' Depreciation And Amortization and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Safe Bulkers are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Depreciation And Amortization i.e., Safe Bulkers' Depreciation And Amortization and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most indicators from Safe Bulkers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Enterprise Value Over EBITDA is projected to increase based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 7.14, whereas Selling General Administrative is forecasted to decline to about 16.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense14.7M17.1M30.5M16.5M
Depreciation And Amortization52.4M49.5M54.1M40.1M

Safe Bulkers fundamental ratios Correlations

0.66-0.75-0.490.840.97-0.060.530.350.510.960.080.280.610.80.150.650.620.59-0.780.550.9-0.180.410.97-0.14
0.66-0.8-0.570.160.690.020.94-0.290.270.710.390.00.980.620.360.270.980.13-0.790.970.53-0.390.380.67-0.14
-0.75-0.80.79-0.47-0.85-0.27-0.760.04-0.33-0.88-0.34-0.34-0.79-0.53-0.33-0.51-0.8-0.350.97-0.67-0.690.69-0.29-0.82-0.1
-0.49-0.570.79-0.33-0.62-0.26-0.6-0.060.15-0.65-0.630.01-0.66-0.18-0.33-0.17-0.66-0.110.72-0.42-0.530.70.34-0.62-0.07
0.840.16-0.47-0.330.8-0.080.030.660.420.78-0.10.380.120.6-0.040.650.120.65-0.510.020.81-0.020.210.81-0.1
0.970.69-0.85-0.620.8-0.020.610.230.511.00.130.340.650.670.10.710.660.55-0.880.550.91-0.40.350.99-0.09
-0.060.02-0.27-0.26-0.08-0.020.10.32-0.190.050.160.030.04-0.140.41-0.110.110.05-0.210.030.04-0.35-0.210.00.87
0.530.94-0.76-0.60.030.610.1-0.370.280.630.33-0.050.950.350.350.290.950.13-0.740.920.5-0.550.250.61-0.04
0.35-0.290.04-0.060.660.230.32-0.37-0.080.23-0.13-0.07-0.280.250.120.07-0.260.510.05-0.340.40.31-0.240.280.28
0.510.27-0.330.150.420.51-0.190.28-0.080.49-0.650.660.160.32-0.140.810.160.57-0.350.250.51-0.10.690.49-0.11
0.960.71-0.88-0.650.781.00.050.630.230.490.160.340.680.670.120.690.690.54-0.90.580.91-0.440.340.99-0.02
0.080.39-0.34-0.63-0.10.130.160.33-0.13-0.650.16-0.420.480.140.24-0.410.48-0.54-0.330.32-0.03-0.27-0.390.14-0.06
0.280.0-0.340.010.380.340.03-0.05-0.070.660.34-0.42-0.090.13-0.160.66-0.080.24-0.35-0.090.3-0.290.470.280.1
0.610.98-0.79-0.660.120.650.040.95-0.280.160.680.48-0.090.530.40.20.990.08-0.760.950.51-0.430.230.65-0.13
0.80.62-0.53-0.180.60.67-0.140.350.250.320.670.140.130.530.310.30.530.37-0.550.570.50.220.590.65-0.3
0.150.36-0.33-0.33-0.040.10.410.350.12-0.140.120.24-0.160.40.31-0.150.390.07-0.140.340.040.04-0.080.1-0.02
0.650.27-0.51-0.170.650.71-0.110.290.070.810.69-0.410.660.20.3-0.150.190.6-0.550.170.69-0.350.490.69-0.06
0.620.98-0.8-0.660.120.660.110.95-0.260.160.690.48-0.080.990.530.390.190.08-0.780.960.52-0.450.220.66-0.06
0.590.13-0.35-0.110.650.550.050.130.510.570.54-0.540.240.080.370.070.60.08-0.330.080.6-0.090.310.550.11
-0.78-0.790.970.72-0.51-0.88-0.21-0.740.05-0.35-0.9-0.33-0.35-0.76-0.55-0.14-0.55-0.78-0.33-0.67-0.70.68-0.36-0.85-0.14
0.550.97-0.67-0.420.020.550.030.92-0.340.250.580.32-0.090.950.570.340.170.960.08-0.670.42-0.290.410.55-0.09
0.90.53-0.69-0.530.810.910.040.50.40.510.91-0.030.30.510.50.040.690.520.6-0.70.42-0.310.210.940.0
-0.18-0.390.690.7-0.02-0.4-0.35-0.550.31-0.1-0.44-0.27-0.29-0.430.220.04-0.35-0.45-0.090.68-0.29-0.310.09-0.37-0.39
0.410.38-0.290.340.210.35-0.210.25-0.240.690.34-0.390.470.230.59-0.080.490.220.31-0.360.410.210.090.3-0.15
0.970.67-0.82-0.620.810.990.00.610.280.490.990.140.280.650.650.10.690.660.55-0.850.550.94-0.370.3-0.08
-0.14-0.14-0.1-0.07-0.1-0.090.87-0.040.28-0.11-0.02-0.060.1-0.13-0.3-0.02-0.06-0.060.11-0.14-0.090.0-0.39-0.15-0.08
Click cells to compare fundamentals

Safe Bulkers Account Relationship Matchups

Safe Bulkers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B1.2B1.3B1.1B
Short Long Term Debt Total601.0M607.7M377.7M414.4M507.9M541.3M
Other Current Liab6.7M9.2M5.8M27.8M8.9M13.6M
Total Current Liabilities86.8M104.7M88.7M91.3M55.7M72.6M
Total Stockholder Equity472.7M427.5M679.2M771.9M792.5M483.2M
Property Plant And Equipment Net964M951.3M952.8M1.1B1.2B904.2M
Current Deferred Revenue3.0M6.2M11.0M9.5M10.9M6.5M
Net Debt522.1M517.6M276.6M365.2M457.7M459.3M
Retained Earnings115.6M90.3M253.9M392.8M439.5M222.2M
Accounts Payable13.0M13.5M10.0M10.5M10.4M6.0M
Non Current Assets Total978.7M970.9M970.2M1.1B1.2B927.5M
Non Currrent Assets Other498K722K980K536K268K254.6K
Other Assets33.9M28.7M73.9M22.8M26.2M18.8M
Long Term Debt554.2M531.9M315.8M370.8M482.4M502.4M
Cash And Short Term Investments106.4M105.2M102.1M114.4M89.9M96.0M
Net Receivables16.1M5.5M8.7M7.2M9.3M11.0M
Common Stock Shares Outstanding101.7M102.6M113.7M120.7M113.6M92.3M
Liabilities And Stockholders Equity1.1B1.1B1.1B1.2B1.3B1.1B
Non Current Liabilities Total537.9M556.2M326.4M382.7M491.6M489.9M
Inventory9.3M12.0M8.7M17.3M16.7M17.5M
Other Current Assets29.6M21.5M22.0M31.3M30.9M32.4M
Total Liab624.7M660.9M415.1M474.0M547.3M589.8M
Property Plant And Equipment Gross964M951.3M952.8M1.1B1.6B932.3M
Total Current Assets136.0M134.7M124.1M157.7M146.7M108.1M
Short Term Debt64.1M75.8M61.9M43.6M25.5M48.1M
Property Plant Equipment944.7M942.2M896.3M1.1B1.2B873.8M
Other Liab922K6.2M10.6M11.9M10.7M10.6M
Cash78.9M90.0M101.0M49.2M50.2M67.1M
Short Term Investments27.4M11.8M1.1M64.2M39.7M23.3M
Other Stockholder Equity357.0M337.1M425.2M379.0M353.0M418.5M
Accumulated Other Comprehensive Income(269.0M)(317.1M)(367.4M)0.0(112K)(117.6K)
Net Tangible Assets472.7M444.7M679.2M771.9M887.7M636.0M
Deferred Long Term Liab258K160K884K510K459K891.1K
Short Long Term Debt64.1M75.8M39.9M43.6M24.8M23.5M
Long Term Debt Total554.2M550.0M315.8M370.8M333.7M402.7M
Capital Surpluse357.0M354.3M425.2M379.0M435.8M410.5M
Non Current Liabilities Other274K6.2M10.6M11.9M5.9M7.4M

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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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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.