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Star Bulk Carriers Corp   (SBLK)
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Star Bulk Carriers 's Working Capital Ratio

SBLK's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the forth quarter 2023, Working Capital Ratio deteriorated to 1.26 below Star Bulk Carriers 's average Working Capital Ratio.

Within Marine Transportation industry 11 other companies have achieved higher Working Capital Ratio than Star Bulk Carriers in forth quarter 2023. While Working Capital Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 0 to 1732.

Explain Working Capital Ratio
How much in Current Assets SBLK´s has?
What is the value of SBLK´s Current Liabilities?


SBLK Working Capital Ratio (Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 27.18 % 27.18 % 27.18 % 27.18 % -2.83 %
Y / Y Current Assets Change -9.5 % -9.5 % -9.5 % -9.5 % -26.48 %
Working Capital Ratio MRQ 1.26 1.26 1.26 1.26 1.78
SBLK's Total Ranking # 1732 # 0 # 0 # 0 # 1948
Seq. Current Liabilities Change 0 % 0 % 0 % 27.18 % 0 %
Seq. Current Assets Change 0 % 0 % 0 % -9.5 % 0 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Marine Transportation Industry # 12
Transportation Sector # 27
Overall Market # 1732


Working Capital Ratio Statistics
High Average Low
5.04 1.5 0.6
(Jun 30 2016)   (Dec 31 2011)




Financial Statements
Star Bulk Carriers 's Current Liabilities $ 359 Millions Visit SBLK's Balance sheet
Star Bulk Carriers 's Current Assets $ 454 Millions Visit SBLK's Balance sheet
Source of SBLK's Sales Visit SBLK's Sales by Geography


Cumulative Star Bulk Carriers 's Working Capital Ratio

SBLK's Working Capital Ratio for the trailling 12 Months

SBLK Working Capital Ratio

(Dec 31 2023)
IV. Quarter
0
III. Quarter
0
II. Quarter
0
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 27.18 % 27.18 % 27.18 % 27.18 % -2.83 %
Y / Y Current Assets TTM Growth -9.5 % -9.5 % -9.5 % -9.5 % -26.48 %
Working Capital Ratio TTM 1.26 1.37 1.49 1.62 1.78
Total Ranking TTM # 2158 # 0 # 0 # 0 # 2573
Seq. Current Liabilities TTM Growth 0 % 0 % 0 % 27.18 % 0 %
Seq. Current Assets TTM Growth 0 % 0 % 0 % -9.5 % 0 %


On the trailing twelve months basis Due to unchange in Current Liabilities in the IV Quarter 2023 to $359.36 millions, cumulative Working Capital Ratio decreased to 1.26 below the Star Bulk Carriers Corp average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Marine Transportation industry 17 other companies have achieved higher Working Capital Ratio than Star Bulk Carriers . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 0 to 2158.

Explain Working Capital Ratio
How much in Current Assets SBLK´s has?
What is the value of SBLK´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Marine Transportation Industry # 18
Transportation Sector # 50
Within the Market # 2158


trailing twelve months Working Capital Ratio Statistics
High Average Low
2.35 1.43 0.86
(Dec 31 2021)   (Dec 31 2019)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Marine Transportation Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Dorian Lpg Ltd   3.31 $ 339.329  Millions$ 102.451  Millions
Safe Bulkers Inc   2.63 $ 146.721  Millions$ 55.733  Millions
Pangaea Logistics Solutions Ltd   1.82 $ 191.826  Millions$ 105.334  Millions
Globus Maritime Limited  1.73 $ 79.296  Millions$ 45.759  Millions
Brink s Co  1.69 $ 2,788.300  Millions$ 1,645.400  Millions
Singularity Future Technology Ltd   1.50 $ 6.935  Millions$ 4.616  Millions
Forward Air Corporation  1.46 $ 347.028  Millions$ 237.094  Millions
C h Robinson Worldwide Inc   1.40 $ 2,880.694  Millions$ 2,051.993  Millions
Navigator Holdings Ltd   1.38 $ 255.372  Millions$ 185.442  Millions
Star Bulk Carriers Corp   1.26 $ 454.397  Millions$ 359.363  Millions
Unique Logistics International Inc   1.18 $ 54.341  Millions$ 45.932  Millions
Global Ship Lease Inc   1.05 $ 295.677  Millions$ 280.440  Millions
Zim Integrated Shipping Services Ltd   1.02 $ 2,571.400  Millions$ 2,518.100  Millions
Eagle Bulk Shipping Inc   0.89 $ 189.546  Millions$ 212.847  Millions
Torm Plc  0.78 $ 691.290  Millions$ 886.897  Millions
Overseas Shipholding Group Inc   0.68 $ 114.588  Millions$ 169.488  Millions
Atlas Corp   0.63 $ 682.400  Millions$ 1,083.800  Millions
Scorpio Tankers Inc   0.61 $ 577.080  Millions$ 939.188  Millions
Dht Holdings Inc   0.50 $ 200.498  Millions$ 398.425  Millions
Sfl Corporation Ltd   0.31 $ 298.059  Millions$ 969.195  Millions

Date modified: 2024-03-13T23:41:08+00:00



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