Star Bulk Carriers Corp Net Assets
Star Bulk Carriers Corp net assets. Based on the latest financial reports, Star Bulk Carriers Corp (SBLK) has net assets worth $2.43 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.67 Billion) and total liabilities ($1.24 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Star Bulk Carriers Corp (SBLK) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.43 Billion |
| % of Total Assets | 66.24% |
| Annual Growth Rate | 16.25% |
| 5-Year Change | 17.75% |
| 10-Year Change | 136.13% |
| Growth Volatility | 88.66 |
Net Assets of Star Bulk Carriers Corp (2005–2025)
Net assets of Star Bulk Carriers Corp from 2005 to 2025. This chart illustrates how Star Bulk Carriers Corp's net assets have evolved over time, based on quarterly financial data. See Star Bulk Carriers Corp (SBLK) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Star Bulk Carriers Corp (2005–2025)
The table below shows the annual net assets of Star Bulk Carriers Corp from 2005 to 2025. For live market cap and overall valuation, see how much is Star Bulk Carriers Corp worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.45 Billion | -1.31% |
| 2024-12-31 | $2.48 Billion | +49.50% |
| 2023-12-31 | $1.66 Billion | -17.79% |
| 2022-12-31 | $2.02 Billion | -2.92% |
| 2021-12-31 | $2.08 Billion | +34.24% |
| 2020-12-31 | $1.55 Billion | +0.36% |
| 2019-12-31 | $1.54 Billion | +1.58% |
| 2018-12-31 | $1.52 Billion | +39.70% |
| 2017-12-31 | $1.09 Billion | +4.90% |
| 2016-12-31 | $1.04 Billion | -8.64% |
| 2015-12-31 | $1.14 Billion | -1.64% |
| 2014-12-31 | $1.15 Billion | +333.78% |
| 2013-12-31 | $266.11 Million | +127.94% |
| 2012-12-31 | $116.75 Million | -73.16% |
| 2011-12-31 | $434.90 Million | -10.93% |
| 2010-12-31 | $488.25 Million | -2.20% |
| 2009-12-31 | $499.26 Million | -10.87% |
| 2008-12-31 | $560.14 Million | +49.22% |
| 2007-12-31 | $375.38 Million | +203.87% |
| 2006-12-31 | $123.53 Million | +2.45% |
| 2005-12-31 | $120.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Star Bulk Carriers Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 503837.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Star Bulk Carriers Corp Net Assets Breakdown (December 2025)
Star Bulk Carriers Corp net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.13 Million | 0.05% |
| Other Comprehensive Income | $321.00K | 0.01% |
| Other Components | $3.00 Billion | 122.63% |
| Total Equity | $2.45 Billion | 100.00% |
Star Bulk Carriers Corp Competitors by Market Cap
The table below lists competitors of Star Bulk Carriers Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Miniso Group Holding Ltd
NYSE:MNSO
|
$3.05 Billion |
|
Jiangsu Jiejie Microelectronics Co Ltd
SHE:300623
|
$3.05 Billion |
|
LS Electric
KO:010120
|
$3.05 Billion |
|
Sphere Entertainment Co.
NYSE:SPHR
|
$3.05 Billion |
|
FS KKR Capital Corp
NYSE:FSK
|
$3.04 Billion |
|
Quilter PLC
JSE:QLT
|
$3.04 Billion |
|
PENNON GROUP PLC UNS.ADR2
F:3PN0
|
$3.04 Billion |
|
China South Publishing & Media Group Co Ltd
SHG:601098
|
$3.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Star Bulk Carriers Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,481,775,000 to 2,449,263,000, a change of -32,512,000 (-1.3%).
- Net income of 84,173,999 contributed positively to equity growth.
- Dividend payments of 34,375,000 reduced retained earnings.
- Share repurchases of 98,131,000 reduced equity.
- Other comprehensive income decreased equity by 1,978,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $84.17 Million | +3.44% |
| Dividends Paid | $34.38 Million | -1.4% |
| Share Repurchases | $98.13 Million | -4.01% |
| Other Comprehensive Income | $-1.98 Million | -0.08% |
| Other Changes | $17.80 Million | +0.73% |
| Total Change | $- | -1.31% |
Book Value vs Market Value Analysis
This analysis compares Star Bulk Carriers Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.07x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $8.89 | $27.30 | x |
| 2006-12-31 | $311.10 | $27.30 | x |
| 2007-12-31 | $764.67 | $27.30 | x |
| 2008-12-31 | $771.57 | $27.30 | x |
| 2009-12-31 | $615.11 | $27.30 | x |
| 2010-12-31 | $577.70 | $27.30 | x |
| 2011-12-31 | $459.10 | $27.30 | x |
| 2012-12-31 | $108.24 | $27.30 | x |
| 2013-12-31 | $94.25 | $27.30 | x |
| 2014-12-31 | $98.76 | $27.30 | x |
| 2015-12-31 | $29.02 | $27.30 | x |
| 2016-12-31 | $21.80 | $27.30 | x |
| 2017-12-31 | $17.26 | $27.30 | x |
| 2018-12-31 | $19.66 | $27.30 | x |
| 2019-12-31 | $16.47 | $27.30 | x |
| 2020-12-31 | $16.09 | $27.30 | x |
| 2021-12-31 | $20.50 | $27.30 | x |
| 2022-12-31 | $19.69 | $27.30 | x |
| 2023-12-31 | $16.78 | $27.30 | x |
| 2024-12-31 | $22.83 | $27.30 | x |
| 2025-12-31 | $21.22 | $27.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Star Bulk Carriers Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.07%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.55x
- Recent ROE (3.44%) is above the historical average (-11.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.09% | 0.00% | 0.00x | 1.57x | $-11.95 Million |
| 2006 | 2.41% | 0.00% | 0.00x | 1.58x | $-9.38 Million |
| 2007 | 0.91% | 93.89% | 0.01x | 1.08x | $-34.13 Million |
| 2008 | 23.88% | 55.98% | 0.27x | 1.59x | $77.72 Million |
| 2009 | -11.70% | -41.04% | 0.19x | 1.52x | $-108.34 Million |
| 2010 | -1.05% | -4.24% | 0.17x | 1.44x | $-53.96 Million |
| 2011 | -15.99% | -64.97% | 0.15x | 1.65x | $-113.05 Million |
| 2012 | -269.41% | -365.03% | 0.24x | 3.04x | $-326.20 Million |
| 2013 | 0.70% | 2.65% | 0.15x | 1.76x | $-24.76 Million |
| 2014 | -1.02% | -7.95% | 0.07x | 1.79x | $-127.15 Million |
| 2015 | -40.36% | -195.56% | 0.11x | 1.91x | $-571.71 Million |
| 2016 | -14.87% | -69.44% | 0.11x | 1.94x | $-257.95 Million |
| 2017 | -0.90% | -2.94% | 0.15x | 1.97x | $-118.58 Million |
| 2018 | 3.84% | 8.96% | 0.22x | 1.99x | $-93.61 Million |
| 2019 | -1.05% | -1.97% | 0.25x | 2.10x | $-170.60 Million |
| 2020 | 0.62% | 1.39% | 0.22x | 2.06x | $-145.29 Million |
| 2021 | 32.72% | 47.68% | 0.38x | 1.81x | $472.53 Million |
| 2022 | 28.03% | 39.38% | 0.42x | 1.70x | $364.06 Million |
| 2023 | 10.45% | 18.28% | 0.31x | 1.82x | $7.55 Million |
| 2024 | 12.28% | 24.07% | 0.31x | 1.65x | $56.48 Million |
| 2025 | 3.44% | 8.07% | 0.27x | 1.55x | $-160.75 Million |
Industry Comparison
This section compares Star Bulk Carriers Corp's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $466,415,392
- Average return on equity (ROE) among peers: 16.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Star Bulk Carriers Corp (SBLK) | $2.43 Billion | 0.09% | 0.51x | $3.04 Billion |
| Ardmore Shpng (ASC) | $347.61 Million | 9.19% | 1.24x | $784.63 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $406.74 Million | 5.95% | 0.73x | $1.23 Billion |
| C3is Inc. (CISS) | $8.75 Million | 41.24% | 0.87x | $270.11K |
| Costamare Bulkers Holdings Limited (CMDB) | $781.77 Million | -4.78% | 0.40x | $431.49 Million |
| Costamare Inc (CMRE) | $2.16 Billion | 16.89% | 0.79x | $1.60 Billion |
| Castor Maritime Inc (CTRM) | $13.20 Million | 8.24% | 1.30x | $13.14 Million |
| Danaos Corporation (DAC) | $440.30 Million | -23.89% | 8.57x | $2.59 Billion |
| Diana Shipping Inc. (DSX) | $59.05 Million | 101.75% | 1.64x | $206.08 Million |
| Okeanis Eco Tankers Corp. (ECO) | $397.23 Million | 25.51% | 2.17x | $2.42 Billion |
| EuroDry Ltd (EDRY) | $50.54 Million | -11.63% | 1.13x | $113.26 Million |
About Star Bulk Carriers Corp
Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes through the ownership and operation of dry bulk carrier vessels worldwide. Its vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2025, the company owned a fleet of 136 dry bulk vessels consisting o… Read more