Star Bulk Carriers Financial Health
How is Star Bulk Carriers's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
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).