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Star Bulk Carriers Corp

Industrials US SBLK

14.8299USD
-0.1401(0.94%)

Last update at 2024-12-19T18:51:00Z

Day Range

14.8115.13
LowHigh

52 Week Range

15.7627.40
LowHigh

Fundamentals

  • Previous Close 14.97
  • Market Cap3068.34M
  • Volume1274324
  • P/E Ratio12.25
  • Dividend Yield11.12%
  • EBITDA360.13M
  • Revenue TTM984.62M
  • Revenue Per Share TTM10.51
  • Gross Profit TTM 830.31M
  • Diluted EPS TTM2.20

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 566.24M 680.43M 9.78M -16.14600M 58.41M
Minority interest - - - - -
Net income 566.00M 680.53M 9.66M -16.25500M 58.40M
Selling general administrative 56.83M 39.50M 31.88M 34.82M 33.97M
Selling and marketing expenses - - - - -
Gross profit 677.46M 774.97M 98.37M 112.30M 185.05M
Reconciled depreciation 167.37M 152.64M 142.29M 124.28M 102.85M
Ebit 466.84M 739.40M -73.82100M 72.25M 146.54M
Ebitda 634.21M 879.46M 68.47M 196.53M 249.39M
Depreciation and amortization 167.37M 140.06M 142.29M 124.28M 102.85M
Non operating income net other - - - - -
Operating income 466.84M 739.40M -73.82100M 72.25M 131.94M
Other operating expenses 810.10M 690.47M 623.52M 743.06M 501.20M
Interest expense 52.58M 47.80M 69.56M 80.38M 68.22M
Tax provision 0.24M 0.02M 0.15M 0.11M 0.06M
Interest income 7.05M 0.32M 0.27M 1.30M 1.87M
Net interest income -45.52800M -55.72100M -69.28800M -86.31800M -71.84900M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.24M 0.02M 0.15M 0.11M 0.06M
Total revenue 1437.16M 1427.42M 693.24M 821.37M 651.56M
Total operating expenses 50.41M 38.02M 28.65M 34.00M 34.69M
Cost of revenue 759.69M 652.45M 594.87M 709.06M 466.51M
Total other income expense net 99.40M -58.97800M 83.60M -88.39400M -20.09800M
Discontinued operations - - - - -
Net income from continuing ops 566.00M 680.53M 9.66M -16.20100M 58.40M
Net income applicable to common shares 566.00M 680.53M 9.66M -16.20100M 58.40M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 3028.26M 3433.62M 3754.72M 3191.79M 3238.67M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 59.35M 217.77M 15.22M 116.90M 11.41M
Total liab 1368.18M 1414.28M 1674.70M 1642.27M 1694.63M
Total stockholder equity 1660.07M 2019.34M 2080.02M 1549.53M 1544.04M
Deferred long term liab - - - - -
Other current liab 46.20M 51.78M 36.86M 32.13M 58.28M
Common stock 0.84M 1.03M 1.02M 0.97M 0.96M
Capital stock 0.84M 1.03M 1.02M 0.97M 0.96M
Retained earnings -633.21800M -648.72200M -546.25700M -996.31400M -1001.17000M
Other liab - 0.83M 1.06M 2.33M 3.24M
Good will - - - - -
Other assets - 2.02M 2.17M 5.06M 4.72M
Cash 259.73M 284.32M 450.29M 190.51M 117.82M
Cash and equivalents - - - - -
Total current liabilities 359.36M 282.56M 290.80M 266.43M 310.93M
Current deferred revenue 16.74M 16.68M 24.96M 11.68M 7.37M
Net debt 1005.20M 1000.86M 1139.70M 1369.61M 1465.13M
Short term debt 257.11M 181.95M 207.13M 189.77M 202.50M
Short long term debt 249.12M 181.95M 156.70M 189.77M 150.35M
Short long term debt total 1264.93M 1285.18M 1589.98M 1560.12M 1582.95M
Other stockholder equity 2287.05M 2646.07M 2618.32M 2548.86M 2544.25M
Property plant equipment - 2919.17M 3061.29M 2878.01M 2966.74M
Total current assets 450.12M 502.09M 682.92M 307.41M 266.04M
Long term investments 1.74M 1.68M 1.57M 1.32M 1.16M
Net tangible assets - 2019.34M 2080.02M 1549.53M 1544.04M
Short term investments 6.04M - - - -
Net receivables 68.69M 110.11M 119.38M 56.62M 78.02M
Long term debt 970.04M 1103.23M 932.55M 1370.35M 1009.41M
Inventory 62.36M 67.16M 75.08M 47.29M 51.15M
Accounts payable 39.32M 32.14M 21.84M 32.85M 42.78M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 5.39M 20.96M 6.93M -3.99300M -445.39600M
Additional paid in capital - - - - -
Common stock total equity - - - 0.97M 0.96M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -0.09300M
Accumulated amortization - - - - -
Non currrent assets other 4.28M 48.30M 8.93M 5.94M 4.72M
Deferred long term asset charges - - - - -
Non current assets total 2578.13M 2931.53M 3071.80M 2884.38M 2972.63M
Capital lease obligations 45.76M 228.22M 500.73M 428.18M 423.19M
Long term debt total - - - - 1379.24M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -20.87200M -121.26300M -66.33400M -279.83700M -325.32700M
Change to liabilities 3.29M 5.25M 1.25M 0.15M 12.78M
Total cashflows from investing activities -20.87200M -121.26300M -66.33400M -279.83700M -325.32700M
Net borrowings -261.02500M -122.53300M -21.11800M 144.39M 112.94M
Total cash from financing activities -935.95300M -368.06800M -34.94900M 103.70M 96.69M
Change to operating activities 1.27M -17.46800M -20.17400M 0.89M -3.30800M
Net income 566.00M 680.53M 9.66M -16.20100M 58.40M
Change in cash -186.92700M 277.74M 69.27M -87.61500M -59.62300M
Begin period cash flow 473.27M 195.53M 126.26M 213.88M 273.50M
End period cash flow 286.34M 473.27M 195.53M 126.26M 213.88M
Total cash from operating activities 769.90M 767.07M 170.55M 88.53M 169.01M
Issuance of capital stock 19.79M - - 0.00000M 0.00000M
Depreciation 167.37M 152.64M 142.29M 124.28M 102.85M
Other cashflows from investing activities 4.53M 8.88M 5.72M 10.67M 3.31M
Dividends paid -668.69700M -230.24000M -4.80400M -4.80400M 4.80M
Change to inventory -9.41100M -27.78300M 3.86M -23.71700M -8.09100M
Change to account receivables -3.65000M -43.60000M 20.32M -20.38300M -22.26600M
Sale purchase of stock -20.06800M -10.27800M 0.00000M -20.52300M -3.14500M
Other cashflows from financing activities 309.05M -5.01700M 595.24M -15.36600M 974.88M
Change to netincome 40.11M 11.18M 6.71M 19.94M 27.21M
Capital expenditures 25.40M 130.15M 72.06M 347.14M 328.63M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -8.50000M -83.60600M 5.26M -43.06700M -20.88800M
Stock based compensation 28.48M 10.34M 4.62M 7.94M 8.07M
Other non cash items 16.55M 4.91M 4.75M 1.34M 1.23M
Free cash flow 744.50M 636.92M 98.49M -258.61500M -159.62500M

Peer Comparison

Sector: Industrials Industry: Marine Shipping

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SBLK
Star Bulk Carriers Corp
-0.1401 0.94% 14.83 12.25 5.78 2.76 1.58 3.85 8.92
CICOY
COSCO SHIPPING Holdings Co Ltd ADR
0.02 0.25% 7.88 4.54 5.81 0.15 0.79 0.54 2.00
CICOF
COSCO SHIPPING Holdings Co. Ltd
- -% 1.63 4.65 5.66 0.14 0.78 0.54 2.02
AMKBF
A.P. Møller - Mærsk A/S
-25.0 1.56% 1575.00 7.17 35.46 0.51 0.47 0.70 2.73
AMKAF
AP Moeller - Maersk A/S A
- -% 1569.15 6.77 33.44 0.51 0.45 0.70 2.61

Reports Covered

Stock Research & News

Profile

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. Its vessels transport a range of bulk commodities, including iron ores, minerals and grains, bauxite, fertilizers, and steel products. As of December 31, 2023, the company owned a fleet of 116 dry bulk vessels with combined carrying capacity of 13.1 million deadweight tonnage (dwt) consisting of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax vessels with carrying capacities between 53,489 dwt and 209,537 dwt. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.

Star Bulk Carriers Corp

40 Agiou Konstantinou Street, Marousi, Greece, 15124

Key Executives

Name Title Year Born
Mr. Petros Alexandros Pappas Founder, CEO & Director 1953
Mr. Hamish Norton Pres 1959
Mr. Simos Spyrou Co-Chief Financial Officer 1974
Mr. Christos Begleris Co-Chief Financial Officer 1981
Mr. Nicos Rescos Chief Operating Officer 1972
Mr. Zenon Kleopas Exec. VP of Green Energy & Technology 1955
Georgia Mastagaki Co-Gen. Counsel NA
Ms. Charis Plakantonaki Chief Strategy Officer 1979
Mr. Constantinos Simantiras Head of Market Research NA
Mr. Hamish Norton President 1959

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