Safe Bulkers, Inc.
SB · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $97,376 | $77,351 | $172,554 | $174,348 |
| Dep. & Amort. | $58,135 | $54,129 | $49,518 | $52,364 |
| Deferred Tax | $0 | $0 | $0 | -$19,231 |
| Stock-Based Comp. | $150 | $144 | $120 | $120 |
| Change in WC | -$9,980 | -$4,070 | -$9,074 | $6,701 |
| Other Non-Cash | -$15,223 | -$5,347 | $4,882 | $2,898 |
| Operating Cash Flow | $130,458 | $122,207 | $218,000 | $217,200 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$144,775 | -$209,103 | -$183,276 | -$109,230 |
| Net Acquisitions | $0 | $0 | $16,930 | $107,084 |
| Inv. Purchases | -$81,988 | -$52,870 | -$79,817 | -$2,310 |
| Inv. Sales/Matur. | $77,035 | $79,474 | $16,759 | $13,010 |
| Other Inv. Act. | $77,996 | $30,773 | $4 | $0 |
| Investing Cash Flow | -$71,732 | -$151,726 | -$229,400 | $8,554 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $36,160 | $89,974 | $46,302 | -$265,732 |
| Stock Issued | $0 | $0 | $0 | $71,156 |
| Stock Repurch. | -$28,917 | -$26,222 | -$46,372 | -$17,707 |
| Dividends Paid | -$29,502 | -$30,678 | -$33,626 | -$11,198 |
| Other Fin. Act. | -$3,599 | -$3,933 | -$43,725 | -$2,419 |
| Financing Cash Flow | -$25,858 | $29,141 | -$40,100 | -$225,900 |
| Forex Effect | -$371 | $353 | -$709 | -$794 |
| Net Chg. in Cash | $32,497 | -$25 | -$52,168 | -$938 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $59,061 | $59,086 | $111,254 | $112,192 |
| End Cash | $91,558 | $59,061 | $59,086 | $111,254 |
| Free Cash Flow | -$14,317 | -$86,896 | $34,724 | $107,970 |