Star Bulk Carriers (SBLK) Financials

Star Bulk Carriers Corp (SBLK) is a leading provider of shipping services, specializing in the transportation of dry bulk commodities. The company operates a fleet of modern vessels, which are designed to carry a wide range of cargo including iron ore, coal, grain, and fertilizers. With a strong focus on operational efficiency and customer service, Star Bulk Carriers has established itself as a trusted partner for global traders and industrial consumers. The company's financials are a reflection of its success in the industry. According to its income statement, Star Bulk Carriers generated a total revenue of $483.7 million in the last fiscal year, with a gross profit of $187.4 million. Its earnings before interest and taxes (EBIT) stood at $41.8 million, showcasing the company's ability to generate profits from its operations. The EBITDA figure, which represents earnings before interest, taxes, depreciation, and amortization, was $106 million, further highlighting the company's strong financial performance.

One of the key metrics used to assess the financial health of a company is its net income from stockholders. In the case of Star Bulk Carriers, the net income from stockholders was $7.6 million during the last fiscal year. This figure takes into account any dividends paid to stockholders and provides a clear picture of the company's profitability. When analyzing Star Bulk Carriers' balance sheet, it is important to consider its total assets, total liabilities, and stockholders' equity. The company's total assets stood at $2.5 billion, while its total liabilities were $1.9 billion, resulting in a stockholders' equity of $636 million. This shows that Star Bulk Carriers has a strong financial position and is capable of meeting its obligations. As for its cash flow, the company's operating cash flow was $75.9 million, indicating its ability to generate cash from its core operations. The financing cash flow, which represents the cash flows from financing activities such as debt issuance or repayment, was -$26.7 million. The investing cash flow, which includes cash flows from investing activities such as capital expenditures or acquisitions, was -$123 million. Lastly, the free cash flow, which represents the cash flow available for distribution to stockholders and for reinvestment in the business, was -$25.1 million. Overall, Star Bulk Carriers Corp (SBLK) has demonstrated a strong financial performance, with positive revenue, profits, and cash flow metrics.