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, 2024, the company owned a fleet of 151 dry bulk vessels with a combi… Read more
Star Bulk Carriers Corp (SBLK) - Total Assets
Latest total assets as of September 2025: $3.79 Billion USD
Based on the latest financial reports, Star Bulk Carriers Corp (SBLK) holds total assets worth $3.79 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Star Bulk Carriers Corp - Total Assets Trend (2005–2024)
This chart illustrates how Star Bulk Carriers Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Star Bulk Carriers Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Star Bulk Carriers Corp's total assets of $3.79 Billion consist of 16.1% current assets and 83.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.4% |
| Accounts Receivable | $98.33 Million | 2.4% |
| Inventory | $78.59 Million | 1.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Star Bulk Carriers Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Star Bulk Carriers Corp's current assets represent 16.1% of total assets in 2024, a decrease from 100.0% in 2005.
- Cash Position: Cash and equivalents constituted 10.4% of total assets in 2024, up from 0.3% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 2.4% of total assets.
Star Bulk Carriers Corp Competitors by Total Assets
Key competitors of Star Bulk Carriers Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Star Bulk Carriers Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Star Bulk Carriers Corp generates 0.31x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Star Bulk Carriers Corp generates $7.46 in net profit.
Star Bulk Carriers Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.72 | 1.69 | 1.10 |
| Quick Ratio | 1.56 | 1.50 | 0.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $268.29 Million | $ 287.31 Million | $ 29.82 Million |
Star Bulk Carriers Corp - Advanced Valuation Insights
This section examines the relationship between Star Bulk Carriers Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.10 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | 34.9% |
| Total Assets | $4.09 Billion |
| Market Capitalization | $1.91 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Star Bulk Carriers Corp's assets below their book value (0.47 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Star Bulk Carriers Corp's assets grew by 34.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Star Bulk Carriers Corp (2005–2024)
The table below shows the annual total assets of Star Bulk Carriers Corp from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.09 Billion | +34.94% |
| 2023-12-31 | $3.03 Billion | -11.81% |
| 2022-12-31 | $3.43 Billion | -8.55% |
| 2021-12-31 | $3.75 Billion | +17.64% |
| 2020-12-31 | $3.19 Billion | -1.45% |
| 2019-12-31 | $3.24 Billion | +7.16% |
| 2018-12-31 | $3.02 Billion | +40.84% |
| 2017-12-31 | $2.15 Billion | +6.66% |
| 2016-12-31 | $2.01 Billion | -7.08% |
| 2015-12-31 | $2.16 Billion | +4.99% |
| 2014-12-31 | $2.06 Billion | +340.53% |
| 2013-12-31 | $468.09 Million | +31.97% |
| 2012-12-31 | $354.71 Million | -50.64% |
| 2011-12-31 | $718.62 Million | +2.19% |
| 2010-12-31 | $703.25 Million | -7.55% |
| 2009-12-31 | $760.64 Million | -14.67% |
| 2008-12-31 | $891.38 Million | +120.78% |
| 2007-12-31 | $403.74 Million | +106.85% |
| 2006-12-31 | $195.19 Million | +2.96% |
| 2005-12-31 | $189.58 Million | -- |