Eagle Bulk Shipping Inc Quick Ratio (EGLE) starting from the fourth quarter 2023 to fourth quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Eagle Bulk Shipping Inc   (NYSE: EGLE)

Eagle Bulk Shipping Inc 's Quick Ratio

EGLE's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Eagle Bulk Shipping Inc 's Cash & cash equivalent grew by 4.16 % in the Q4 2023 sequentially, while Current Liabilities decreased, this led to improvement in Eagle Bulk Shipping Inc 's Quick Ratio to 0.56, Quick Ratio remained below Eagle Bulk Shipping Inc average.

Within Marine Transportation industry 33 other companies have achieved higher Quick Ratio than Eagle Bulk Shipping Inc in fourth quarter 2023. While Quick Ratio total ranking in the fourth quarter 2023 has deteriorated compared to the prior quarter from 674 to 2855.

Explain Quick Ratio?
How much Cash & cash equivalents EGLE´s has?
What are EGLE´s Current Liabilities?




EGLE Quick Ratio (Dec 31 2023)
Q4
(Sep 30 2023)
Q3
(Jun 30 2023)
Q2
(Mar 31 2023)
Q1
(Dec 31 2022)
Q4
Y / Y Current Liabilities Change 168.87 % 58.28 % -14.25 % -10.46 % -35.95 %
Y / Y Cash & cash equivalent Change -36.62 % -41.61 % -16.73 % 83.29 % 117.25 %
Quick Ratio MRQ 0.56 0.53 0.99 1.27 2.36
EGLE's Total Ranking # 2855 # 674 # 702 # 1236 # 1103
Seq. Current Liabilities Change -0.87 % 83.37 % -3.23 % 52.84 % -41.64 %
Seq. Cash & cash equivalent Change 4.16 % -1.58 % -24.49 % -18.12 % -4.04 %



Quick Ratio fourth quarter 2023 Company Ranking
Within: No.
Marine Transportation Industry # 34
Transportation Sector # 58
Overall Market # 2855


Quick Ratio Statistics
High Average Low
6.33 1.11 0.03
(Mar 31 2017)   (Mar 31 2014)




Financial Statements
Eagle Bulk Shipping Inc 's Current Liabilities $ 213 Millions Visit EGLE's Balance sheet
Eagle Bulk Shipping Inc 's Cash & cash equivalent $ 119 Millions Visit EGLE's Balance sheet
Source of EGLE's Sales Visit EGLE's Sales by Geography


Cumulative Eagle Bulk Shipping Inc 's Quick Ratio

EGLE's Quick Ratio for the trailling 12 Months

EGLE Quick Ratio

(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
(Dec 31 2022)
12 Months
Y / Y Current Liabilities TTM Growth 36.83 % 0.2 % -19.3 % -17.78 % -8.49 %
Y / Y Cash & cash equivalent TTM Growth -17.08 % 13.15 % 49.93 % 77.92 % 60.8 %
Quick Ratio TTM 0.75 1.07 1.44 1.43 1.24
Total Ranking TTM # 4554 # 1906 # 3270 # 2689 # 1060
Seq. Current Liabilities TTM Growth 25.13 % 17.46 % -4.12 % -2.9 % -8.37 %
Seq. Cash & cash equivalent TTM Growth -12.03 % -12.46 % -3.45 % 11.51 % 20.05 %


On the trailing twelve months basis Due to decrease in Current Liabilities in the Q4 2023 to $212.85 millions, cumulative Quick Ratio decreased to 0.75 below the Eagle Bulk Shipping Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Marine Transportation industry 47 other companies have achieved higher Quick Ratio than Eagle Bulk Shipping Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2023 from 1906 to 4554.

Explain Quick Ratio?
How much Cash & cash equivalents EGLE´s has?
What are EGLE´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Marine Transportation Industry # 48
Transportation Sector # 108
Within the Market # 4554


trailing twelve months Quick Ratio Statistics
High Average Low
4.14 1.05 0.02
(Jun 30 2017)  




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Marine Transportation Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Dht Holdings Inc   1.47 $ 74.738  Millions$ 50.793  Millions
Genco Shipping and Trading Limited  1.32 $ 46.542  Millions$ 35.286  Millions
Euroseas Ltd   1.14 $ 58.613  Millions$ 51.356  Millions
Safe Bulkers Inc   1.09 $ 89.942  Millions$ 82.889  Millions
Costamare Inc   1.02 $ 736.884  Millions$ 722.547  Millions
Himalaya Shipping Ltd   1.01 $ 25.553  Millions$ 25.300  Millions
Brink s Co  1.01 $ 1,683.600  Millions$ 1,668.900  Millions
Capital Clean Energy Carriers Corp   1.01 $ 191.757  Millions$ 190.353  Millions
Pangaea Logistics Solutions Ltd   0.92 $ 99.038  Millions$ 107.075  Millions
Expeditors International Of Washington Inc   0.89 $ 1,512.883  Millions$ 1,704.412  Millions
Seacor Marine Holdings Inc   0.88 $ 67.455  Millions$ 77.086  Millions
Top Ships Inc   0.87 $ 35.956  Millions$ 41.372  Millions
Navigator Holdings Ltd   0.81 $ 149.604  Millions$ 185.442  Millions
Star Bulk Carriers Corp   0.72 $ 259.729  Millions$ 359.434  Millions
Global Ship Lease Inc   0.70 $ 195.443  Millions$ 280.440  Millions
Navios South American Logistics Inc   0.64 $ 69.282  Millions$ 107.531  Millions
Okeanis Eco Tankers Corp   0.64 $ 49.992  Millions$ 77.949  Millions
Ps International Group Ltd   0.56 $ 11.231  Millions$ 19.939  Millions
Eagle Bulk Shipping Inc   0.56 $ 118.615  Millions$ 212.847  Millions
Octave Specialty Group Inc   0.54 $ 91.157  Millions$ 169.488  Millions
Forward Air Corporation  0.51 $ 121.969  Millions$ 237.094  Millions
Cmb tech Nv  0.47 $ 430.239  Millions$ 911.001  Millions
Cadeler A  0.40 $ 106.881  Millions$ 265.813  Millions
Navios Maritime Partners L p   0.40 $ 240.378  Millions$ 598.296  Millions
Seanergy Maritime Holdings Corp   0.31 $ 19.428  Millions$ 62.270  Millions
Torm Plc  0.30 $ 265.500  Millions$ 886.900  Millions
Atlas Corp   0.30 $ 385.300  Millions$ 1,288.300  Millions
Zim Integrated Shipping Services Ltd   0.30 $ 921.500  Millions$ 3,084.500  Millions
Hub Group Inc   0.28 $ 187.270  Millions$ 658.210  Millions
Radiant Logistics Inc   0.25 $ 32.456  Millions$ 132.173  Millions

Date modified: 2026-09-18T13:11:05+00:00



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