Safe Interest Coverage vs Price To Sales Ratio Analysis

SB Stock  USD 3.94  0.02  0.51%   
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 Interest Coverage and its Price To Sales Ratio 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.

Interest Coverage vs Price To Sales Ratio

Interest Coverage vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safe Bulkers Interest Coverage account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Safe Bulkers' Interest Coverage and Price To Sales Ratio is 0.58. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Price To Sales Ratio 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' Interest Coverage and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Safe Bulkers are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Interest Coverage i.e., Safe Bulkers' Interest Coverage and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Coverage

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Safe Bulkers stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Safe Bulkers sales, a figure that is much harder to manipulate than other Safe Bulkers multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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.As of December 11, 2024, Selling General Administrative is expected to decline to about 16.2 M. Issuance Of Capital Stock is expected to grow at the current pace this year
 2021 2022 2023 2024 (projected)
Interest Expense14.7M17.1M27.9M16.4M
Depreciation And Amortization52.4M49.5M54.1M40.1M

Safe Bulkers fundamental ratios Correlations

0.65-0.73-0.490.840.97-0.060.530.350.510.96-0.070.280.610.80.150.650.620.59-0.780.550.9-0.180.340.97-0.14
0.65-0.73-0.550.150.680.00.94-0.320.290.70.250.010.980.610.350.280.980.13-0.740.980.52-0.390.330.66-0.15
-0.73-0.730.75-0.49-0.83-0.28-0.690.04-0.35-0.86-0.3-0.45-0.72-0.52-0.3-0.54-0.73-0.340.96-0.6-0.670.68-0.35-0.8-0.12
-0.49-0.550.75-0.33-0.62-0.26-0.6-0.060.15-0.65-0.740.01-0.66-0.18-0.33-0.17-0.66-0.110.7-0.42-0.530.70.32-0.62-0.07
0.840.15-0.49-0.330.8-0.080.040.660.420.78-0.190.380.120.6-0.040.650.120.65-0.530.020.81-0.020.20.81-0.1
0.970.68-0.83-0.620.8-0.020.610.230.511.00.060.340.650.670.10.710.660.55-0.880.550.91-0.40.30.99-0.09
-0.060.0-0.28-0.26-0.08-0.020.10.32-0.190.050.270.030.04-0.140.41-0.110.110.05-0.220.030.04-0.35-0.170.00.87
0.530.94-0.69-0.60.040.610.1-0.370.280.640.31-0.050.950.350.350.290.950.13-0.690.920.5-0.550.150.61-0.04
0.35-0.320.04-0.060.660.230.32-0.37-0.080.23-0.18-0.07-0.280.240.120.07-0.260.510.03-0.340.40.31-0.260.280.28
0.510.29-0.350.150.420.51-0.190.28-0.080.49-0.610.660.160.32-0.140.810.160.57-0.370.250.51-0.10.650.49-0.11
0.960.7-0.86-0.650.781.00.050.640.230.490.090.340.680.660.120.690.690.54-0.90.580.91-0.440.290.99-0.02
-0.070.25-0.3-0.74-0.190.060.270.31-0.18-0.610.09-0.340.39-0.140.28-0.350.4-0.47-0.260.18-0.08-0.48-0.570.060.05
0.280.01-0.450.010.380.340.03-0.05-0.070.660.34-0.34-0.090.13-0.160.66-0.080.24-0.4-0.090.3-0.290.620.280.1
0.610.98-0.72-0.660.120.650.040.95-0.280.160.680.39-0.090.530.40.20.990.08-0.720.950.51-0.430.150.65-0.13
0.80.61-0.52-0.180.60.67-0.140.350.240.320.66-0.140.130.530.310.30.530.37-0.550.570.490.220.530.65-0.3
0.150.35-0.3-0.33-0.040.10.410.350.12-0.140.120.28-0.160.40.31-0.150.390.07-0.120.340.040.04-0.080.1-0.02
0.650.28-0.54-0.170.650.71-0.110.290.070.810.69-0.350.660.20.3-0.150.190.6-0.590.170.69-0.350.470.69-0.06
0.620.98-0.73-0.660.120.660.110.95-0.260.160.690.4-0.080.990.530.390.190.08-0.740.960.52-0.450.150.66-0.06
0.590.13-0.34-0.110.650.550.050.130.510.570.54-0.470.240.080.370.070.60.08-0.350.080.6-0.090.230.550.11
-0.78-0.740.960.7-0.53-0.88-0.22-0.690.03-0.37-0.9-0.26-0.4-0.72-0.55-0.12-0.59-0.74-0.35-0.63-0.690.68-0.37-0.84-0.15
0.550.98-0.6-0.420.020.550.030.92-0.340.250.580.18-0.090.950.570.340.170.960.08-0.630.42-0.290.310.55-0.09
0.90.52-0.67-0.530.810.910.040.50.40.510.91-0.080.30.510.490.040.690.520.6-0.690.42-0.310.170.940.0
-0.18-0.390.680.7-0.02-0.4-0.35-0.550.31-0.1-0.44-0.48-0.29-0.430.220.04-0.35-0.45-0.090.68-0.29-0.310.06-0.37-0.39
0.340.33-0.350.320.20.3-0.170.15-0.260.650.29-0.570.620.150.53-0.080.470.150.23-0.370.310.170.060.24-0.13
0.970.66-0.8-0.620.810.990.00.610.280.490.990.060.280.650.650.10.690.660.55-0.840.550.94-0.370.24-0.08
-0.14-0.15-0.12-0.07-0.1-0.090.87-0.040.28-0.11-0.020.050.1-0.13-0.3-0.02-0.06-0.060.11-0.15-0.090.0-0.39-0.13-0.08
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 Total618.2M625.8M377.7M414.4M507.9M544.5M
Other Current Liab6.7M9.2M(16.1M)27.8M9.7M12.7M
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 Debt522.1M517.6M276.6M365.2M459.0M459.4M
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 Investments106.4M105.2M102.1M114.4M87.9M95.8M
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 Assets29.6M21.5M4.6M18.8M32.9M31.2M
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 Debt64.1M75.8M83.8M32.7M24.8M48.6M
Property Plant Equipment944.7M942.2M896.3M1.1B1.2B873.8M
Other Liab922K6.2M10.6M11.9M10.7M10.6M
Cash78.9M90.0M101.0M49.2M48.2M67.0M
Short Term Investments27.4M11.8M1.1M64.2M39.7M23.3M
Other Stockholder Equity357.0M337.1M425.2M379.0M352.9M418.5M
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

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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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
0.853
Dividend Share
0.05
Earnings Share
0.9
Revenue Per Share
2.924
Quarterly Revenue Growth
0.174
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.