Safe Bulkers, Inc. (SB) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Cash from Operations | 33.21M | 20.1M | 19.1M | 29.9M | 26.59M | 24.8K | 39.99M | 35.9M | 37.8M | 83.14M | 28.6K | 32.7K | -161.68M | 161.78M | -60.58M | 60.7M | -153.8M | 68.11M | 85.86M | 38.8K |
| Operating CF Margin % | 45.77% | 27.51% | 29.05% | 46.47% | 37.2% | 0.03% | 50.92% | 43.96% | 45.94% | 128.6% | 0.04% | 0.05% | -186.58% | 172.63% | -66.13% | 78.07% | -166.37% | 73.64% | 105.25% | 0.06% |
| Operating CF Growth % | 24.89% | 80948.39% | -52.24% | -16.71% | -29.65% | -99.97% | 139742.66% | 109685.93% | 123.38% | -48.61% | 100.05% | -99.95% | -5.13% | 137.52% | -170.55% | 156343.3% | -627.24% | 391.99% | 383.42% | -98.51% |
| Net Income | 11.84M | 17.78M | 1.7M | 7.25M | 19.36M | 25.12M | 27.59M | 25.3M | 27.61M | 15.04M | 15.38M | 65.2M | 34.87M | 50.99M | 50.33M | 36.37M | 65.2M | 55.38M | 32.45M | 21.32M |
| Depreciation & Amortization | 14.98M | 15.1M | 15.11M | 14.69M | 14.97M | 14.67M | 14.14M | 14.35M | 14.22M | 13.73M | 13.17M | 13.21M | 13.04M | 12.95M | 12.23M | 11.31M | 13.21M | 12.82M | 13.01M | 13.32M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 144K | 0 | 0 | 0 | 120K | 0 | 0 | 0 | 30K | 30K | 60K | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.65M | 0 | 0 | 0 | -232.18M | -5.48M | 0 | 0 |
| Other Non-Cash Items | 6.39M | -12.78M | 2.29M | 7.97M | -3.82M | 24.8K | 39.99M | -3.75M | -2.46M | 54.36M | -28.52M | -78.42M | -196.56M | 97.84M | -123.13M | 24.34M | 1.09M | 664K | 53.42M | -21.28M |
| Working Capital Changes | 0 | 0 | 0 | 0 | -3.92M | 0 | 0 | 0 | -1.71M | 0 | 0 | 0 | -11.51M | 0 | 0 | 0 | -1.15M | 4.69M | 3.79M | 0 |
| Change in Receivables | 0 | 0 | 0 | 0 | -4.9M | 0 | 0 | 0 | -1.99M | 0 | 0 | 0 | 1.67M | 0 | 0 | 0 | -3.56M | -100K | -520K | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 928K | 0 | 0 | 0 | -683K | 0 | 0 | 0 | -13.18M | 0 | 0 | 0 | -1.23M | 3.31M | 1.82M | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.08M | 0 | 0 | 0 | 2.03M | -2.07M | 0 | 0 |
| Cash from Investing | -4.54M | 37.8M | 20.3M | -44.2M | -42.85M | 7.2K | -4.06M | -30.6M | -64.85M | -85.43M | -26.7K | -44K | 242.77M | -242.83M | 45.43M | -45.6M | 3.84M | -15.5M | 11.68M | -9.2K |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -209.1M | 0 | 0 | 0 | -183.28M | 0 | 0 | 0 | -24.2M | -48.57M | -36.46M | 0 |
| CapEx % of Revenue | 45.77% | - | - | - | 37.2% | - | - | - | 254.11% | - | - | - | 211.5% | - | - | - | 26.18% | 52.51% | 44.69% | - |
| Acquisitions | 24.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.43M | 0 | 0 | 0 | -8.55M | -37.45M | 37.45M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -28.66M | 37.8M | 20.3M | -44.2M | -42.85M | 7.2K | -4.06M | -30.6M | 144.25M | -85.43M | -26.7K | -44K | 409.61M | -242.83M | 45.43M | -45.6M | 36.44M | 33.22M | 11.68M | -9.2K |
| Cash from Financing | 17.23M | -43.8M | 9.8M | -34.1M | 41.7M | -13.8K | -42.69M | -9.8M | 53.05M | -23.89M | 1K | -15.3K | -23.84M | 23.78M | -36.88M | 36.9M | 154.22M | -71.24M | -83.18M | -16.9K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -68.28M | -77.29M | 0 | 0 |
| Equity Issued (Net) | -11.36M | 0 | 0 | 0 | -28.52M | 0 | 0 | 0 | -26.22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | -29.5M | 0 | 0 | 0 | -30.68M | 0 | 0 | 0 | -33.63M | 0 | 0 | 0 | -2.75M | -2.75M | -5.71M | 0 |
| Share Repurchases | -11.36M | 0 | 0 | 0 | -28.52M | 0 | 0 | 0 | -26.22M | 0 | 0 | 0 | -45.01M | 0 | 0 | 0 | -17.12M | 0 | -17.72M | 0 |
| Other Financing | 28.59M | -43.8M | 9.8M | -34.1M | 99.71M | -13.8K | -42.69M | -9.8M | 109.95M | -23.89M | 1K | -15.3K | -63.9M | 23.78M | -36.88M | 36.9M | -434K | 8.79M | -60.6M | -16.9M |
| Net Change in Cash | 26.33M | -2.18M | -2.79M | -91.56M | -1.21M | 13.01M | -6.42M | 28.49M | -23.85M | -105.41M | -89.82M | -26.6K | -53.94M | -186.38M | -156.05M | 52M | 3.86M | -18.89M | 14.08M | -112.18M |
| Free Cash Flow | -8.8M | 20.1M | 19.1M | 29.9M | -14.42M | 24.8K | 39.99M | 35.9M | -171.3M | 83.14M | 28.6K | 32.7K | -344.96M | 161.78M | -60.58M | 60.7M | -178M | 19.54M | 49.4M | 38.8K |
| FCF Margin % | -12.13% | 27.51% | 29.05% | 46.47% | -20.17% | 0.03% | 50.92% | 43.96% | -208.17% | 128.6% | 0.04% | 0.05% | -398.07% | 172.63% | -66.13% | 78.07% | -192.55% | 21.13% | 60.56% | 0.06% |
| FCF Growth % | 38.97% | 80948.39% | -52.24% | -16.71% | 91.58% | -99.97% | 139742.66% | 109685.93% | 50.34% | -48.61% | 100.05% | -99.95% | -93.8% | 727.88% | -222.61% | 156343.3% | -1078.86% | 153.68% | 417.61% | -98.51% |
| FCF per Share | -0.09 | 0.20 | 0.19 | 0.28 | -0.14 | 0.00 | 0.37 | 0.33 | -1.53 | 0.74 | 0.00 | 0.00 | -2.90 | 1.34 | -0.50 | 0.50 | -1.46 | 0.16 | 0.45 | 0.00 |
| FCF Conversion (FCF/Net Income) | 2.81x | 1.13x | 11.25x | 4.13x | 1.37x | 0.00x | 1.45x | 1.42x | 1.37x | 5.53x | 0.00x | 0.00x | -4.64x | 3.17x | -1.20x | 1.67x | -2.36x | 1.23x | 2.65x | 0.00x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |