Star Bulk Carriers Corp.

NasdaqGS:SBLK Stock Report

Mkt Cap: US$2.3b

Star Bulk Carriers Financial Health

How is Star Bulk Carriers's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

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 to Equity History and Analysis

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).


Balance Sheet


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