Star Bulk Carriers Financial Health

Short Term Liabilities: SBLK's short term assets ($617.0M) exceed its short term liabilities ($294.3M).

Long Term Liabilities: SBLK's short term assets ($617.0M) do not cover its long term liabilities ($1.2B).

Debt Level: SBLK's net debt to equity ratio (47.9%) is considered high.

Reducing Debt: SBLK's debt to equity ratio has reduced from 97.5% to 66.9% over the past 5 years.

Debt Coverage: SBLK's debt is well covered by operating cash flow (73.7%).

Interest Coverage: SBLK's interest payments on its debt are well covered by EBIT (17.2x coverage).

• Healthy companies in the Transportation industry.