SAFE BULKERS, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $81.6m $46.2m $51.9m $78.9m $90.0m $101.0m $49.2m $48.2m $81.1m $141.6m
Prepaid Expense and Other Assets, Current $2.0m $1.7m $2.8m $4.3m $3.8m $3.5m $5.8m $6.6m $7.0m $5.4m
Short-term Investments $4.8m
Inventory, Net $5.2m $4.2m $4.1m $9.3m $12.0m $8.7m $17.3m $16.7m $14.9m $19.0m
Assets, Current $111.0m $79.1m $101.3m $136.0m $134.7m $124.1m $157.7m $146.7m $165.4m $200.6m
Property, Plant and Equipment, Net $1.0b $942.9m $955.3m $944.7m $942.2m $864.4m $1.0b $1.1b $1.1b $1.1b
Other Assets, Noncurrent $240k $562k $96k $26k $13k $36k $23k
Additional Financial Items
Accrued Liabilities, Current $4.2m $3.7m $6.9m $6.6m $4.7m $5.4m $10.8m $8.4m $11.8m $7.9m
Assets $1.2b $1.0b $1.1b $1.1b $1.1b $1.1b $1.2b $1.3b $1.4b $1.4b
LIABILITIES AND EQUITY
Current liabilities:
Long-term Debt, Current Maturities $13.3m $26.6m $37.4m $65.5m $77.3m $41.2m $45.7m $27.2m $60.8m $44.8m
Long-term Debt, Excluding Current Maturities $574.4m $545.2m $542.1m $540.3m $534.9m $319.1m $376.9m $488.8m $484.8m $503.7m
Deferred Revenue, Current $2.0m $3.5m $5.4m
Deferred Revenue, Noncurrent $253k
Dividends Payable $0 $128k $134k $0 $0
Liabilities, Current $23.8m $36.9m $54.6m $86.8m $104.7m $88.7m $91.3m $55.7m $86.5m $69.1m
Other Liabilities, Noncurrent $1.5m $0 $274k $1.2m $2.6m $4.2m $5.9m $2.5m $3.3m
Liabilities $595.2m $578.7m $593.4m $624.7m $642.8m $415.1m $474.0m $547.3m $571.5m $572.5m
Stockholders’ equity:
Preferred Stock, Value, Issued $70k $59k $55k $55k $55k $55k $40k $40k $40k $40k
Common Stock, Value, Issued $99k $102k $103k $104k $102k $122k $119k $112k $105k $102k
Additional Paid in Capital $384.2m $361.2m $355.1m $357.0m $354.3m $425.2m $379.0m $352.9m $324.1m $313.3m
Retained Earnings (Accumulated Deficit) $194.2m $95.1m $111.3m $115.6m $90.3m $253.9m $392.8m $439.5m $507.3m $517.3m
Treasury Stock, Common, Value $120k $120k $737k $0
Stockholders' Equity Attributable to Parent $578.5m $456.3m $465.8m $472.7m $444.7m $679.2m $771.9m $792.5m $831.6m $830.7m
Liabilities and Equity $1.2b $1.0b $1.1b $1.1b $1.1b $1.1b $1.2b $1.3b $1.4b $1.4b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.