Safe Bulkers Debt-to-Equity Ratio Growth & History (SB)
Safe Bulkers's debt-to-equity ratio was 0.66 for fiscal 2025.
View full Safe Bulkers company overviewSafe Bulkers annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.66 | 0.00 | +0.66% |
| 2024 | 2024-12-31 | 0.66 | 0.00 | +0.63% |
| 2023 | 2023-12-31 | 0.65 | 0.10 | +19.09% |
| 2022 | 2022-12-31 | 0.55 | −0.02 | −2.72% |
| 2021 | 2021-12-31 | 0.56 | −0.81 | −59.12% |
| 2020 | 2020-12-31 | 1.38 | 0.10 | +7.42% |
| 2019 | 2019-12-31 | 1.28 | 0.04 | +3.00% |
| 2018 | 2018-12-31 | 1.24 | −0.01 | −0.70% |
| 2017 | 2017-12-31 | 1.25 | 0.24 | +23.35% |
| 2016 | 2016-12-31 | 1.02 | −0.02 | −1.64% |
| 2015 | 2015-12-31 | 1.03 | 0.36 | +53.97% |
| 2014 | 2014-12-31 | 0.67 | −0.21 | −23.69% |
| 2013 | 2013-12-31 | 0.88 | −0.57 | −39.21% |
| 2012 | 2012-12-31 | 1.45 | −0.01 | −0.94% |
| 2011 | 2011-12-31 | 1.46 | −0.57 | −27.99% |
| 2010 | 2010-12-31 | 2.03 | — | — |
Safe Bulkers quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.59 | −0.09 | −13.26% |
| Q1 2026 | 2026-03-31 | 0.65 | — | — |
| Q4 2025 | 2025-12-31 | 0.66 | 0.00 | +0.66% |
| Q3 2025 | 2025-09-30 | 0.62 | — | — |
| Q2 2025 | 2025-06-30 | 0.68 | — | — |
| Q4 2024 | 2024-12-31 | 0.66 | 0.00 | +0.63% |
| Q4 2023 | 2023-12-31 | 0.65 | 0.10 | +19.09% |
| Q4 2022 | 2022-12-31 | 0.55 | −0.02 | −2.72% |
| Q4 2021 | 2021-12-31 | 0.56 | −0.81 | −59.12% |
| Q3 2021 | 2021-09-30 | 0.67 | — | — |
| Q2 2021 | 2021-06-30 | 0.86 | −0.57 | −39.68% |
| Q4 2020 | 2020-12-31 | 1.38 | 0.10 | +7.42% |
| Q2 2020 | 2020-06-30 | 1.43 | — | — |
| Q4 2019 | 2019-12-31 | 1.28 | 0.04 | +3.00% |
| Q4 2018 | 2018-12-31 | 1.24 | −0.01 | −0.70% |
| Q4 2017 | 2017-12-31 | 1.25 | 0.24 | +23.35% |
| Q4 2016 | 2016-12-31 | 1.02 | −0.02 | −1.64% |
| Q3 2016 | 2016-09-30 | 1.03 | — | — |
| Q2 2016 | 2016-06-30 | 1.02 | — | — |
| Q4 2015 | 2015-12-31 | 1.03 | 0.36 | +53.97% |
| Q4 2014 | 2014-12-31 | 0.67 | −0.21 | −23.69% |
| Q4 2013 | 2013-12-31 | 0.88 | −0.57 | −39.21% |
| Q3 2013 | 2013-09-30 | 1.03 | — | — |
| Q4 2012 | 2012-12-31 | 1.45 | −0.01 | −0.94% |
| Q4 2011 | 2011-12-31 | 1.46 | −0.57 | −27.99% |
| Q4 2010 | 2010-12-31 | 2.03 | — | — |
Safe Bulkers debt-to-equity ratio trends
Over the last five fiscal years, Safe Bulkers's debt-to-equity ratio decreased from 1.38 to 0.66, a change of −0.72. The latest reported quarter, Q2 2026, shows 0.59.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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