Eagle Bulk Shipping Inc (EGLE) — Net Asset Quality Index

Latest as of December 2023: 52.3%

Eagle Bulk Shipping Inc (EGLE) has a Net Asset Quality Index of 52.3% as of December 2023. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.15 Billion minus total liabilities of $547.74 Million yields net assets of $600.22 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Eagle Bulk Shipping Inc (EGLE) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

52.3%
Equity / Total Assets

Net Assets

$600.22 Million
USD

Total Assets

$1.15 Billion
USD

Total Liabilities

$547.74 Million
USD

Eagle Bulk Shipping Inc Net Asset Quality Index Over Time (2004–2023)

This chart shows how Eagle Bulk Shipping Inc's Net Asset Quality Index has evolved across 20 annual periods from 2004 to 2023. As of December 2023, the index stands at 52.3%, representing net assets of $600.22 Million against total assets of $1.15 Billion USD. See EGLE net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Eagle Bulk Shipping Inc (2004–2023)

The table below presents the year-by-year Net Asset Quality Index for Eagle Bulk Shipping Inc from 2004 to 2023, covering 20 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see EGLE market cap overview.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2023 52.3% $600.22 Million $1.15 Billion $547.74 Million ▼ -13.9 pp
2022 66.2% $819.18 Million $1.24 Billion $418.03 Million ▲ +6.6 pp
2021 59.6% $671.27 Million $1.13 Billion $455.39 Million ▲ +10.9 pp
2020 48.6% $470.42 Million $967.13 Million $496.71 Million ▲ +0.6 pp
2019 48.1% $481.50 Million $1.00 Billion $520.58 Million ▼ -8.6 pp
2018 56.7% $479.61 Million $846.21 Million $366.60 Million ▼ -0.4 pp
2017 57.1% $461.17 Million $808.35 Million $347.18 Million ▼ -1.3 pp
2016 58.3% $400.48 Million $686.38 Million $285.90 Million ▼ -7.5 pp
2015 65.9% $518.34 Million $787.04 Million $268.69 Million ▼ -6.8 pp
2014 72.7% $664.09 Million $913.88 Million $249.79 Million ▲ +41.8 pp
2013 30.8% $531.19 Million $1.72 Billion $1.19 Billion ▼ -2.4 pp
2012 33.2% $594.19 Million $1.79 Billion $1.19 Billion ▼ -2.9 pp
2011 36.1% $674.18 Million $1.87 Billion $1.19 Billion ▲ +0.8 pp
2010 35.3% $669.09 Million $1.90 Billion $1.23 Billion ▼ -3.3 pp
2009 38.5% $619.73 Million $1.61 Billion $988.47 Million ▲ +3.9 pp
2008 34.6% $471.43 Million $1.36 Billion $890.75 Million ▼ -10.7 pp
2007 45.3% $514.97 Million $1.14 Billion $621.04 Million ▼ -11.2 pp
2006 56.5% $321.58 Million $568.79 Million $247.22 Million ▼ -11.8 pp
2005 68.3% $315.79 Million $462.34 Million $146.55 Million ▼ -29.5 pp
2004 97.8% $40.02 Million $40.91 Million $889.00K
pp = percentage points