Safe Bulkers Inc (SB) — Cash Flow Quality Index

Latest as of June 2026: 1.21x

Safe Bulkers Inc (SB) has a Cash Flow Quality Index of 1.21x as of June 2026. Operating cash flow of $42.43 Million exceeds net income of $35.16 Million, indicating high earnings quality where cash backs reported profits. Explore SB operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.21x
Operating CF / Net Income

Operating Cash Flow

$42.43 Million
USD

Net Income

$35.16 Million
USD

Data as of

Jun 2026
Most recent filing

Safe Bulkers Inc Cash Flow Quality Index (2006–2025)

Historical Cash Flow Quality Index for Safe Bulkers Inc across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Safe Bulkers Inc (SB) cash flow conversion.

Annual Cash Flow Quality Index for Safe Bulkers Inc (2006–2025)

Year-by-year earnings quality comparison for Safe Bulkers Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 2.65x $102.29 Million $38.56 Million ▲ +98.0%
2024 1.34x $130.46 Million $97.38 Million ▼ -15.2%
2023 1.58x $122.21 Million $77.35 Million ▲ +25.1%
2022 1.26x $218.00 Million $172.55 Million ▲ +1.4%
2021 1.25x $217.20 Million $174.35 Million ▼ -65.7%
2019 3.63x $58.28 Million $16.04 Million ▲ +17.7%
2018 3.09x $85.45 Million $27.68 Million ▲ +3.3%
2014 2.99x $43.73 Million $14.63 Million ▲ +147.3%
2013 1.21x $100.59 Million $83.26 Million ▲ +10.5%
2012 1.09x $105.06 Million $96.12 Million ▼ -8.5%
2011 1.19x $107.19 Million $89.73 Million ▲ +10.9%
2010 1.08x $118.15 Million $109.65 Million ▼ -15.7%
2009 1.28x $211.34 Million $165.41 Million ▼ -41.3%
2008 2.18x $259.60 Million $119.21 Million ▲ +65.5%
2007 1.32x $278.51 Million $211.68 Million ▲ +1098.9%
2006 -0.13x $-12.81 Million $97.22 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.