Safe Total Current Assets vs Treasury Stock Analysis
SB Stock | USD 4.35 0.01 0.23% |
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 Total Current Assets and its Treasury Stock 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 closely tied 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.
Total Current Assets vs Treasury Stock
Total Current Assets vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safe Bulkers Total Current Assets account and Treasury Stock. At this time, the significance of the direction appears to have very week relationship.
The correlation between Safe Bulkers' Total Current Assets and Treasury Stock is 0.2. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Treasury Stock 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' Total Current Assets and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Safe Bulkers are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Total Current Assets i.e., Safe Bulkers' Total Current Assets and Treasury Stock go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Treasury Stock
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 closely tied 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 Expense | 14.7M | 17.1M | 30.5M | 16.5M | Depreciation And Amortization | 52.4M | 49.5M | 54.1M | 40.1M |
Safe Bulkers fundamental ratios Correlations
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Safe Bulkers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Safe Bulkers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.1B | |
Short Long Term Debt Total | 618.2M | 625.8M | 377.7M | 414.4M | 507.9M | 544.5M | |
Other Current Liab | 6.7M | 9.2M | 5.8M | 27.8M | 8.9M | 13.6M | |
Total Current Liabilities | 86.8M | 104.7M | 88.7M | 91.3M | 55.7M | 72.6M | |
Total Stockholder Equity | 472.7M | 427.5M | 679.2M | 771.9M | 792.5M | 483.2M | |
Property Plant And Equipment Net | 964M | 951.3M | 952.8M | 1.1B | 1.2B | 904.2M | |
Current Deferred Revenue | 3.0M | 6.2M | 11.0M | 9.5M | 10.9M | 6.5M | |
Net Debt | 522.1M | 517.6M | 276.6M | 365.2M | 457.7M | 459.3M | |
Retained Earnings | 115.6M | 90.3M | 253.9M | 392.8M | 439.5M | 222.2M | |
Accounts Payable | 13.0M | 13.5M | 10.0M | 10.5M | 10.4M | 6.0M | |
Non Current Assets Total | 978.7M | 970.9M | 970.2M | 1.1B | 1.2B | 927.5M | |
Non Currrent Assets Other | 498K | 722K | 980K | 536K | 268K | 254.6K | |
Other Assets | 33.9M | 28.7M | 73.9M | 22.8M | 26.2M | 18.8M | |
Long Term Debt | 554.2M | 531.9M | 315.8M | 370.8M | 482.4M | 502.4M | |
Cash And Short Term Investments | 106.4M | 105.2M | 102.1M | 114.4M | 89.9M | 96.0M | |
Net Receivables | 16.1M | 5.5M | 8.7M | 7.2M | 9.3M | 11.0M | |
Common Stock Shares Outstanding | 101.7M | 102.6M | 113.7M | 120.7M | 113.6M | 92.3M | |
Liabilities And Stockholders Equity | 1.1B | 1.1B | 1.1B | 1.2B | 1.3B | 1.1B | |
Non Current Liabilities Total | 537.9M | 556.2M | 326.4M | 382.7M | 491.6M | 489.9M | |
Inventory | 9.3M | 12.0M | 8.7M | 17.3M | 16.7M | 17.5M | |
Other Current Assets | 29.6M | 21.5M | 22.0M | 31.3M | 30.9M | 32.4M | |
Total Liab | 624.7M | 660.9M | 415.1M | 474.0M | 547.3M | 589.8M | |
Property Plant And Equipment Gross | 964M | 951.3M | 952.8M | 1.1B | 1.6B | 932.3M | |
Total Current Assets | 136.0M | 134.7M | 124.1M | 157.7M | 146.7M | 108.1M | |
Short Term Debt | 64.1M | 75.8M | 61.9M | 43.6M | 25.5M | 48.1M | |
Property Plant Equipment | 944.7M | 942.2M | 896.3M | 1.1B | 1.2B | 873.8M | |
Other Liab | 922K | 6.2M | 10.6M | 11.9M | 10.7M | 10.6M | |
Cash | 78.9M | 90.0M | 101.0M | 49.2M | 50.2M | 67.1M | |
Short Term Investments | 27.4M | 11.8M | 1.1M | 64.2M | 39.7M | 23.3M | |
Other Stockholder Equity | 357.0M | 337.1M | 425.2M | 379.0M | 353.0M | 418.5M | |
Accumulated Other Comprehensive Income | (269.0M) | (317.1M) | (367.4M) | 0.0 | (112K) | (117.6K) | |
Net Tangible Assets | 472.7M | 444.7M | 679.2M | 771.9M | 887.7M | 636.0M | |
Deferred Long Term Liab | 258K | 160K | 884K | 510K | 459K | 891.1K | |
Short Long Term Debt | 64.1M | 75.8M | 39.9M | 43.6M | 24.8M | 23.5M | |
Long Term Debt Total | 554.2M | 550.0M | 315.8M | 370.8M | 333.7M | 402.7M | |
Capital Surpluse | 357.0M | 354.3M | 425.2M | 379.0M | 435.8M | 410.5M | |
Non Current Liabilities Other | 274K | 6.2M | 10.6M | 11.9M | 5.9M | 7.4M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 closely tied 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.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Marine Transportation space 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 1.023 | Dividend Share 0.2 | Earnings Share 0.79 | Revenue Per Share 2.79 | Quarterly Revenue Growth 0.112 |
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.