Star Bulk Carriers Balance Sheet Health
Financial Health criteria checks 5/6
Star Bulk Carriers has a total shareholder equity of $2.5B and total debt of $1.3B, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are $4.2B and $1.6B respectively. Star Bulk Carriers's EBIT is $327.7M making its interest coverage ratio 4.4. It has cash and short-term investments of $467.9M.
Key information
53.5%
Debt to equity ratio
US$1.34b
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$467.93m |
| Equity | US$2.51b |
| Total liabilities | US$1.65b |
| Total assets | US$4.16b |
Recent financial health updates
Here's Why Star Bulk Carriers (NASDAQ:SBLK) Can Manage Its Debt Responsibly
Oct 28
We Think Star Bulk Carriers (NASDAQ:SBLK) Is Taking Some Risk With Its Debt
Jun 16These 4 Measures Indicate That Star Bulk Carriers (NASDAQ:SBLK) Is Using Debt Extensively
Jan 25Here's Why Star Bulk Carriers (NASDAQ:SBLK) Has A Meaningful Debt Burden
Sep 15Is Star Bulk Carriers (NASDAQ:SBLK) A Risky Investment?
May 25Recent updates
Star Bulk Carriers Delivers Another Good Quarter
Nov 21Here's Why Star Bulk Carriers (NASDAQ:SBLK) Can Manage Its Debt Responsibly
Oct 28Star Bulk Carrier: The Market Is Not Pricing The Benefits Of The Eagle Merger
Oct 08Dry Bulk Market Update: Star Bulk Carriers Interview (Podcast Transcript)
Sep 24Star Bulk Carriers (NASDAQ:SBLK) Is Doing The Right Things To Multiply Its Share Price
Sep 20Star Bulk Carriers: Financial Strength And A High Yield Outweigh Macro Concerns
Sep 05Is It Too Late To Consider Buying Star Bulk Carriers Corp. (NASDAQ:SBLK)?
Sep 04Star Bulk Carriers' (NASDAQ:SBLK) Shareholders Have More To Worry About Than Only Soft Earnings
Aug 15Star Bulk Carriers: Macro Events Point To Favorable H2 2024 Outlook, Reiterate Buy
Aug 14Star Bulk Carriers: Strong Q1 Earnings, Much Higher Dividend, 7% Yield May Rise
Jul 28Star Bulk Q2 Preview: Rich Payouts Ahead As TCE Rates Remain High
Jul 08We Think Star Bulk Carriers (NASDAQ:SBLK) Is Taking Some Risk With Its Debt
Jun 16Star Bulk Carriers Is Fairly Priced, But Not Cheap (Rating Downgrade)
Jun 06Rainbows and Unicorns: Star Bulk Carriers Corp. (NASDAQ:SBLK) Analysts Just Became A Lot More Optimistic
May 31Star Bulk Carriers (NASDAQ:SBLK) Will Pay A Larger Dividend Than Last Year At $0.75
May 26An Intrinsic Calculation For Star Bulk Carriers Corp. (NASDAQ:SBLK) Suggests It's 32% Undervalued
May 21Returns On Capital Are Showing Encouraging Signs At Star Bulk Carriers (NASDAQ:SBLK)
May 02Star Bulk: Rich Dividend Yields As Market Volatility Remains
Apr 25Should You Think About Buying Star Bulk Carriers Corp. (NASDAQ:SBLK) Now?
Apr 17Star Bulk: Still A Great Way To Bet On A Robust Dry Bulk Market
Mar 20Star Bulk Carriers: 8% Yield, Outperforming In 2024
Feb 25Star Bulk Carriers Ended FY 2023 On A High Note
Feb 14Star Bulk Carriers Corp.'s (NASDAQ:SBLK) Subdued P/E Might Signal An Opportunity
Feb 09These 4 Measures Indicate That Star Bulk Carriers (NASDAQ:SBLK) Is Using Debt Extensively
Jan 25Star Bulk: Excellent Fleet, Attractive Value, And Macro Tailwinds
Jan 21Is There An Opportunity With Star Bulk Carriers Corp.'s (NASDAQ:SBLK) 50% Undervaluation?
Jan 05Returns At Star Bulk Carriers (NASDAQ:SBLK) Are On The Way Up
Dec 04Star Bulk Carriers' (NASDAQ:SBLK) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 20Is Now An Opportune Moment To Examine Star Bulk Carriers Corp. (NASDAQ:SBLK)?
Nov 13Are Investors Undervaluing Star Bulk Carriers Corp. (NASDAQ:SBLK) By 48%?
Sep 30Here's Why Star Bulk Carriers (NASDAQ:SBLK) Has A Meaningful Debt Burden
Sep 15Star Bulk Carriers (NASDAQ:SBLK) Shareholders Will Want The ROCE Trajectory To Continue
Aug 22Need To Know: Analysts Just Made A Substantial Cut To Their Star Bulk Carriers Corp. (NASDAQ:SBLK) Estimates
Aug 06At US$18.17, Is It Time To Put Star Bulk Carriers Corp. (NASDAQ:SBLK) On Your Watch List?
Jul 29Is Star Bulk Carriers (NASDAQ:SBLK) A Risky Investment?
May 25Financial Position Analysis
Short Term Liabilities: SBLK's short term assets ($700.8M) exceed its short term liabilities ($413.5M).
Long Term Liabilities: SBLK's short term assets ($700.8M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: SBLK's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: SBLK's debt to equity ratio has reduced from 104.4% to 53.5% over the past 5 years.
Debt Coverage: SBLK's debt is well covered by operating cash flow (30.7%).
Interest Coverage: SBLK's interest payments on its debt are well covered by EBIT (4.4x coverage).